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Aditya Birla subsidiary Novelis files for US IPO, to offer 45 million shares for $18-21

Novelis, a wholly owned subsidiary of Hindalco Industries Limited, expects the selling shareholder to grant the underwriters an option to purchase up to an additional 6,750,000 common shares to cover over-allotments.

Aditya birlaNew york stock exchangeCapital marketsMorgan stanleyHindalco industriesNovelis incBnp paribasYork stock exchangeAcademy securitiesDeutsche bank securitiesHindalco industries limitedBofa securitiesWells fargo securities

Novelis (NVL) Launches Roadshow for 45M Share IPO at $18-$21/sh

Novelis (NVL) Launches Roadshow for 45M Share IPO at $18-$21/sh
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North carolinaUnited statesNew yorkNew york stock exchangeAcademy securitiesYork stock exchangeBroadridge financial solutionsProspectus departmentBnp paribasExchange commissionMorgan stanleyDeutsche bank securitiesCapital marketsNovelis incMorgan stanley coHindalco industries

Hindalco Q4 results: Net profit rises 31% to Rs 3,174 crore helped by higher volumes, lower costs

Hindalco Q4 results: Net profit rises 31% to Rs 3,174 crore helped by higher volumes, lower costs
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Satish paiHindalco industriesAditya birla groupExchange commissionNovelis incHindalco india

Value investing gems: 5 underrated stocks flying under the radar

Value investing gems: 5 underrated stocks flying under the radar
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United statesJan dhan yojanaGreen ltdMinistry of powerHindalco industriesPower finance corporationIndusind bankMinistry of petroleumAditya birla groupNovelis incNatural gas commissionPower finance corpFinance corpNatural gasJan dhanInd bank

Novelis may Go for up to $1 5b US IPO in June

Hindalco Industries is likely to sell shares worth $1.25-1.50 billion in the initial public offering (IPO) of Novelis Inc, people aware of the development said.

United statesBay minetteMorgan stanleyNew york stock exchangeDeutsche bank securitiesHindalco industriesCapital marketsYork stock exchangeAcademy securitiesPart of the aditya birla groupExchange commissionNovelis incAditya birla groupNorth americaBofa securitiesWells fargo securities