Nuvoco Vistas IPO fraction share region online: How it is most likely you'll per chance per chance furthermore take a look at your shares

Nuvoco Vistas IPO fraction share region: The preliminary public offering (IPO) of cement maker Nuvoco Vistas Company became once subscribed 1.71 times over the 6.25 crore shares that were on offer in some unspecified time in the future of the subscription length from August 9-11, 2021. The value band became once mounted at Rs 560-570 per fraction.

Nuvoco Vistas IPO bought bids of over 10.70 crore (10,70,27,492) shares against the complete scenario measurement of over 6.25 crore (6,25,00,001) shares, knowledge readily available with the National Stock Substitute (NSE) showed.

The shares that are to be allocated for the licensed institutional buyers (QIBs) became once subscribed 4.23 times, while those of non institutional buyers became once subscribed 0.66 times and that of retail particular person buyers (RIIs) became once subscribed 0.73 times, the knowledge showed.

The Rs 5,000 crore IPO of Nuvoco Vistas contains of a novel scenario of shares value Rs 1,500 crore and a proposal for sale of Rs 3,500 crore by promoter Niyogi Enterprise.

The proceeds from the unique scenario can be ragged for the repayment of certain loans availed by the firm and for overall company choices.

Traders are now having a detect forward to the fraction share date of the Nuvoco Vistas IPO. The firm is alleged to finalise the share by Tuesday, August 17, 2021, as per the timeline supplied in the red herring prospectus (RHP). Can non-public to it is most likely you'll per chance per chance furthermore non-public utilized for the Nuvoco Vistas IPO, then right here is the vogue it is most likely you'll per chance per chance furthermore take a look at the region of your share when it gets declared:

  • The share region will get updated on the ranking page of the registrar of the IPO, which in this case is Hyperlink Intime India (Click on right here: https://linkintime.co.in/MIPO/Ipoallotment.html). Applicants will have to rob Nuvoco Vistas Company Restricted – IPO in the drop-down menu and enter either their PAN, utility number or DP Client ID. and click on on search to detect their share region.
  • As adverse to the registrar’s online page, applicants may maybe per chance per chance furthermore take a look at the region of their share on the ranking page of the BSE (Click on right here: https://www.bseindia.com/buyers/appli_check.aspx). Right here, they'll have to rob Fairness in Grief Form, then rob NUVOCO VISTAS CORPORATION LIMITED from the drop-down listing in the Grief Title fraction, enter their Application Quantity and PAN Quantity in the respective boxes and then click on on search to detect their region.

The itemizing of shares of Nuvoco Vistas Company is likely to rob express on Monday, August 23, 2021, on every the NSE and BSE.

ICICI Securities, Axis Capital, HSBC Securities and Capital Markets (India), JP Morgan India and SBI Capital Markets are the ebook working lead managers to the IPO.

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