Novelis Inc. (NVL)
NYSE NYSE Primary 
U.S. IPO Weekly Recap: Healthcare Software Leads $1.3 Billion IPO Week, Even As Novelis Calls Off IPO
Five IPOs debuted this week and raised over $1.3 billion in proceeds and one SPAC is also listed. Three IPOs submitted initial filings this past week - Alumis, Breathe BioMedical and UEOPLE Technology. Two sizable IPOs are scheduled for the week ahead - Tempus AI and Telix Pharmaceuticals.
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.
Novelis to raise up to $945M in US IPO
Novelis is targeting a valuation of up to $12.6 billion in its US stock market, the maker of aluminum products revealed on Tuesday. A subsidiary of Hindalco Industries, Novelis is the world's largest rolled aluminum sheet producer, with customers including Coca-Cola, Ford and Jaguar Landrover.
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 the price range, Atlanta-based Novelis will raise about $877.5 million in the IPO with underwriters Morgan Stanley, BofA Securities and Citigroup.
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 products maker said on Tuesday.
