Novelis Inc. (NVL)

Novelis will go public soon, but the exact IPO date is still unknown.
IPO Price Range
$18.00 - $21.00
Shares Offered
45,000,000
Deal Size
$877.50M
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Market Cap 11.70B
Revenue (ttm) 16.21B
Net Income (ttm) 600.00M
Shares Out 600.00M
EPS (ttm) 1.00
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume n/a
Open n/a
Previous Close n/a
Day's Range n/a
52-Week Range n/a
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date n/a

About NVL

Novelis is the leading producer of innovative, sustainable aluminum solutions and the world’s largest recycler of aluminum. Specifically, we believe we are the leading provider of low-carbon aluminum solutions, helping to drive a circular economy by partnering with our suppliers and customers in beverage packaging, automotive, aerospace and specialties (a diverse market including building & construction, signage, foil & packaging, commercial transportation and commercial & consumer products, among others) markets globally. Throughout North Amer... [Read more]

Industry Aluminum
Sector Materials
Founded 2005
Employees 13,190
Stock Exchange NYSE
Ticker Symbol NVL
Full Company Profile

Financial Performance

In 2023, Novelis's revenue was $16.21 billion, a decrease of -12.31% compared to the previous year's $18.49 billion. Earnings were $600.00 million, a decrease of -8.81%.

Financial numbers in USD Financial Statements

News

Novelis Postpones Over $900 Million U.S. IPO

Hindalco-backed aluminum recycling company Novelis has postponed its U.S. listing of over $900 million, citing market conditions.

5 weeks ago - WSJ

Hindalco shares jump as US arm Novelis prepares for NYSE listing

Shares of Hindalco Industries Ltd. surged on Wednesday, topping the Nifty50 gainers list.

6 weeks ago - Invezz

Hindaclo-backed aluminum recycler Novelis to raise about $877 million in IPO

Aluminum-recycling company Novelis Inc. said Tuesday it plans to offer 45 million shares at an estimate price range of $18 to $21 a share in its upcoming initial public offering. At the midpoint of th...

6 weeks ago - Market Watch

Novelis targets up to $12.6 bln valuation in US IPO

Novelis, owned by Indian billionaire Kumar Mangalam Birla's Hindalco Industries , is targeting a valuation of up to $12.6 billion in its initial public offering in the United States, the aluminum prod...

6 weeks ago - Reuters

Novelis Announces Launch of Initial Public Offering Roadshow

ATLANTA , May 28, 2024 /PRNewswire/ -- Novelis Inc., a leading sustainable aluminum solutions provider and the world leader in aluminum rolling and recycling, today announced it has launched a roadsho...

6 weeks ago - PRNewsWire

Novelis Inc. to Pursue $1.2 Billion US IPO by June

Novelis Inc., a leading aluminum products manufacturer under the umbrella of Hindalco Industries Ltd., owned by billionaire Kumar Mangalam Birla...

2 months ago - Machine Maker

Aluminum products maker Novelis makes US IPO filing public

Aluminum products maker Novelis, owned by Indian conglomerate Aditya Birla Group's Hindalco Industries , made public its filing for an initial public offering in the United States on Monday.

2 months ago - Reuters

US-based aluminum company Novelis files for an estimated $1.3 billion IPO

Novelis, a US-based aluminum roller and recycler owned by India's Hindalco, filed on Monday with the SEC to raise up to $100 million in an initial public offering.

2 months ago - Renaissance Capital

Novelis files registration statement for proposed IPO

Common shares are expected to be offered by Novelis' sole shareholder, a wholly owned subsidiary of Hindalco Industries Ltd. of Mumbai, India, and Novelis will not receive any proceeds from this sale.

2 months ago - Recycling Today

Novelis IPO Registration Document (F-1)

Novelis has filed to go public with an IPO on the New York Stock Exchange (NYSE).

2 months ago - SEC