Nuvoco Vistas Ipo
Nuvoco Vistas Corporation IPO Nuvoco IPO Details. Ltd a Nirma Group company started operations in.
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The Nirma Group is a diversified conglomerate that manufactures products ranging from chemicals to detergents soaps.
Nuvoco vistas ipo. 1500 crore worth of fresh shares and Rs. Nuvoco Vistas Corps initial public offering emerged as the second-least subscribed issue so far this yearThe issue got off to a slow start garnering 016 times subscription on its first day. NUVOCO Vistas IPO Allotment Status.
Company revenues are fluctuating in the last couple of years. Nuvoco Vistas Ltd one of the largest cement companies and concrete manufacturers in India. Nuvoco Vistas IPO subscription to start from August 9 2021 Monday.
Nuvoco Vistas Corporation a Nirma Group company is Indias fifth-largest cement company. Link Intime India Private Ltd is the registrar for the IPO. The company will make its debut on the Dalal street with its Rs5000 crore IPO.
Nuvoco Vistas IPO plans to raise Rs 5000-crore through a fresh issue of 88 crore equity shares amounting to Rs 1500 crore and an offer-for-sale worth Rs 3500 crore by the promoter which is part the Nirma group. The offer has received bids for 1070 crore equity shares against. Nuvoco Vistas is promoted by Dr.
The company to raise 5000 crores via initial public offering at a price band of 560 to 570. The Nuvoco Vistas IPO to open on 09 August and closes on 11 August 2021. Nuvoco Vistas Corporation Ltd is a manufacturing company that mass produces cement Ready-Mix Concrete RMX and Modern Building Materials MBM.
Despite losses it has allocated 50 for QIBs 15 for HNIS AND 35 for retail investors. About Nuvoco Vistas Corporation Ltd. Nuvoco Vistas is coming up with IPO that would open for subscription on 9th August 2021.
The shares rose with 8 attractive bids for 4737772 shares out of 62500001 total shares. Nuvoco IPO subscription to start from August 09 to August 11 2021. There are bullish on the IPO as they see evaluation price for the cement sector going forward.
The minimum order quantity is 26 Shares. Nuvoco Vistas Corporation Ltd Equinox Business Park Tower 3 East Wing 4th Floor LBS Marg Kurla West Mumbai 400 070 Maharashtra India. The IPO was subscribed just 171 times on the last day of.
The price band is fixed at 560 to 570. Nuvoco Vista Corporation Limited received robust participation from investors for its initial public offering IPO. The issue was subscribed a total of 117 times after it came to a close on Wednesday.
Patel who is a successful entrepreneur and is associated with the Nirma Group. Shares of Nuvoco Vistas Corp listed at 471 while the price band was fixed at 560-570 per share. It was subscribed 029 times and 171 times at the end of day 2 and 3 respectively.
The initial public offering IPO of Nuvoco Vistas Corporation was subscribed 171 times on August 11 the final day of bidding. Nuvoco Vistas IPO Is Second-Least Subscribed Issue So Far In 2021. Nuvoco Vistas IPO Allotment Status.
The issue is priced at 560 to 570 per equity share. Nuvoco Vistas IPO - Get Nuvoco Vistas IPO Issue Date Share Price Subscription Rate and Allotment Status Including Bidding Dates Lot Size Min Investment at One Place. Nuvoco Vistas Corporation Limited is the 5th largest cement company in East India in terms of production capacity and among the leading ready-mix concrete RMX manufacturers in India.
Nuvoco Vistas is part of Nirma Group. 91 22 6769 2500 E-mail. The retail portion of this IPO is 35 QIB is 50 and HNI is 15 quota.
The IPO opens on Aug 9 2021 and closes on Aug 11 2021. The IPO subscription will close on August 11 2021 Wednesday. The qualified institutional buyers QIBs were the category to subscribed the most to the Nuvoco Vista Corporation IPOThe issue saw the QIBs subscribe a total of 423 times against their.
It is a part of Nirma Group a diversified conglomerate company that manufactures products from chemicals to soaps healthcare detergents etc. Amidst such a scenario we have a mega IPO from Nirma group cement venture Nuvoco Vistas that has made losses for the FY19 and FY21 and having negative EPS for the latest financial year. The companys issue comprises Rs.
The price range for the offer has been fixed at Rs 560 570 per share. Nuvoco Vistas a major cement and manufacturing company based in East India will join the rally of IPOs this week. Nuvoco Vistas IPO application minimum bid is for 26 Shares 14820 and maximum bid is 338 shares 192660The Book Running Lead Managers of the IPO are ICICI Securities Limited Axis Capital Limited HSBC Securities and Capital Markets India Private Limited.
Ltd is the fifth-largest player in India and the largest cement company in East India in terms of capacity with a consolidated capacity of 2232 MMTPA. Nuvoco IPO is a main-board IPO of equity shares of the face value of 10 aggregating up to 500000 Crores. 3500 crore offer for sale OFS by promoters.
Nuvoco IPO will be open on August 9th will be closed on august 11th. IPO Live GMP About Company - Nuvoco Vistas Corporation.
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