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Nuvoco Vistas files Rs 5,000-cr IPO papers

Photo for representation only

New Delhi, May 6

Nuvoco Vistas Corporation Ltd, part of the Nirma Group, on Thursday filed papers with SEBI to raise Rs 5,000 crore through IPO.

The initial public offering (IPO) comprises issue of shares worth Rs 1,500 crore and an offer for sale of Rs 3,500 crore by promoter Niyogi Enterprise, as per draft red herring prospectus. — PTI

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