Largest cement manufacturer in East India and the fifth largest cement manufacturer in India in terms of capacity according to Nuvoco Vistas IPO details.
Established record of strong performance and reputation for quality products in cement, RMX, and modern building materials.
Cement production facilities are strategically located in close proximity to raw materials and key markets.
Strong sales, marketing and distribution capabilities in East and North India, and strategic access to some key markets in Central India.
Nuvoco Vistas has grown its manufacturing capacity, sales and distribution network, and market position through acquisitions over time.
Strong focus on innovation, with an emphasis on developing a comprehensive product range to meet the requirements of its customers, address the gaps in the market, and improve its profitability.
Experienced Promoters with a strong management team.
Inability to mine or procure sufficient limestone for its operations.
Recently enacted Mines and Minerals (Development and Regulation) Amendment Act, 2021 may result in lapsing of letters of intent for the grant of mining leases under Section 10A of the MMDR Act.
Dependence on the continued availability of coal, water, labor, and raw materials used in the production of cement, the costs and supply of which can be subject to significant variation due to factors outside the company’s control.
Inability to effectively integrate its operations with its acquisitions and achieve operational efficiency.
Underutilization of its manufacturing capacities and an inability to effectively utilize its expanded manufacturing capacities
Inability to comply with repayment and other covenants in the financing agreements.
Dependence on the demand for cement from various sectors such as infrastructure, housing, and commercial real estate.
Highly competitive business environment.
Manufacturing activities and mining operations involve dealing with hazardous substances and are subject to risks of operational h.azards, which can cause injury to people or property in certain circumstances.
Non-compliance with and changes in any laws relating to the environment, health, and sustainability, including health, safety, labor, environmental or forest conservation laws, and other similar regulations.
Dependence on a select number of suppliers for the supply of raw materials and coal and pet coke.