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Nuvoco Vistas Corporation raises Rs 600 crore through NCDs

19 Sep 2025 Evaluate

Nuvoco Vistas Corporation has raised Rs 600 crore through the allotment of 60,000 Unsecured, Redeemable, Listed, Rated Non-Convertible Debentures (NCDs) having face value of Rs 1,00,000 each, for cash, on a Private Placement basis. NCDs are listed on the Wholesale Debt Market Segment of National Stock Exchange of India. Date of Maturity is September 18, 2028. The Committee of the Board of Directors of the Company has on September 18, 2025, considered and approved allotment of the same. 

Nuvoco Vistas Corporation is one of the leading ready-mix concrete manufacturers in India. It offers a range of products across cement, RMX and modern building materials.


Peers
Company Name CMP
Ultratech Cement 10805.05
Ambuja Cements 381.90
ACC 1229.15
Shree Cement 21900.05
Dalmia Bharat 1692.95
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