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  1. May 28, 2024 · Aditya Birla-subsidiary Novelis Inc has filed for IPO in US, offering 45 million shares in a price band of $18-21 per share. On May 14, Aditya Birla's fully-owned subsidiary Novelis Inc had filed ...

  2. May 29, 2024 · Novelis Inc has finally revealed its US IPO pricing range, yielding a figure for the valuation of Hindalco Industries’ prized subsidiary. The secondary offering is priced in a range $18-$21 a ...

  3. Novelis website. Novelis is a purpose-driven company, with sustainability and people at the core of our business strategy. Our Purpose: Shaping a Sustainable World Together. We are a leading sustainable aluminum solutions provider and the world leader in aluminum rolling and recycling. We help drive a circular economy by partnering with our ...

  4. ATLANTA, April 14, 2020 — Novelis Inc., the world leader in aluminum rolling and recycling, today announced the completion of its acquisition of Aleris Corporation, a global supplier of rolled aluminum products. As a result, Novelis is now even better positioned to meet increasing customer demand for aluminum by expanding its innovative ...

  5. Feb 20, 2024 · As of 3QFY24, Novelis reported a net debt/EBITDA of 2.7X, and Kotak estimates it to remain range-bound over FY2024-28. The Atlanta-based company reported a 23 percent QoQ decline in net profit to ...

  6. Novelis is a subsidiary of Hindalco Industries Limited, an industry leader in aluminum and copper and metals flagship company of the Aditya Birla Group, a multinational conglomerate based in Mumbai, India.

  7. May 28, 2024 · Novelis Inc., a leading sustainable aluminum solutions provider and the world leader in aluminum rolling and recycling, today announced it has launched a roadshow for the initial public offering ...

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