Novelis Inc. (NVL)
Novelis was planning to go public, but the IPO was withdrawn on Oct 8, 2024.
IPO Price Range
$18.00 - $21.00
Shares Offered
45,000,000
Deal Size
$877.50M
Novelis Revenue
In the fiscal year ending March 31, 2024, Novelis had annual revenue of $16.21B, down -12.31%.
Revenue (ttm)
$16.21B
Revenue Growth
-12.31%
P/S Ratio
0.72
Revenue / Employee
$1,228,961
Employees
13,190
Market Cap
11.70B
Revenue Chart
Revenue History
| Fiscal Year End | Revenue | Change | Growth |
|---|---|---|---|
| Mar 31, 2024 | 16.21B | -2.28B | -12.31% |
| Mar 31, 2023 | 18.49B | 1.34B | 7.80% |
| Mar 31, 2022 | 17.15B | - | - |
Revenue Definition
Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.
Full DefinitionNVL News
- 2 years ago - Novelis Postpones Over $900 Million U.S. IPO - WSJ
- 2 years ago - Hindalco shares jump as US arm Novelis prepares for NYSE listing - Invezz
- 2 years ago - Hindaclo-backed aluminum recycler Novelis to raise about $877 million in IPO - Market Watch
- 2 years ago - Novelis targets up to $12.6 bln valuation in US IPO - Reuters
- 2 years ago - Novelis Announces Launch of Initial Public Offering Roadshow - PRNewsWire
- 2 years ago - Novelis Inc. to Pursue $1.2 Billion US IPO by June - Machine Maker
- 2 years ago - Aluminum products maker Novelis makes US IPO filing public - Reuters
- 2 years ago - US-based aluminum company Novelis files for an estimated $1.3 billion IPO - Renaissance Capital