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KRChoksey Research's IPO Report
Nuvoco Vistas Corporation Ltd. is India’s leading cement manufacturing company.
It is the fifth largest cement company in India and the largest cement company in East India in terms of capacity.
Nuvoco Vistas is amongst the fastest growing cement company in terms of capacity addition on percentage terms with installed capacity doubling over the last five years post the acquisition of NU Vista.
It owns 11 cement plants (eight in East India and three in North India).
The company holds a decent position in cement production capacity terms ~4.2% of total cement capacity in India, 17% of total cement capacity in East India and 5% of total cement capacity in North India, and they are one of the leading ready-mix concrete manufacturers in India.
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