Investors who have bidded for Nuvoco Vistas IPO can check the allotment status by visiting the official website of BSE and Link Intime.
Shares of Nuvoco Vistas IPO have been allotted to the investors on Tuesday, August 17. However, if you have not yet checked your allotment status then you can check it by visiting official website of BSE and Link Intime.
The initial public offer of cement manufacturer Nuvoco Vistas Corporation was subscribed 1.71 times on the closing day for subscription.
Here are all the details of Nuvoco Vistas IPO including shares status check online on BSE link, listing date, subscription status details and more:-
Nuvoco Vistas IPO: Refund initiation date – 18th August
Nuvoco Vistas IPO: Demat transfer date of shares – 20th August
Nuvoco Vistas IPO: Listing date – Expected on 23rd August
Steps to check Nuvoco Vistas IPO allotment status via BSE
Step 1: Visit the official website of BSE or click on the link- bseindia.com/investors/appli_check.aspx
Step 2: Select Nuvoco Vistas IPO
Step 3: Enter your application number
Step 4: Enter PAN card details
Step 5: Click at ‘I’m not a robot’
Step 6: Click at ‘Submit’ button
Steps to check Nuvoco Vistas IPO allotment status via LinkIntime link
Step 1: Visit the official website of Link Intime or click on the link- linkintime.co.in/MIPO/Ipoallotment.html
Step 2: Select Nuvoco Vistas IPO
Step 3: Enter your PAN details
Step 4: Click at ‘Search’ button
About Nuvoco Vistas IPO:
The company’s initial public offer (IPO) received bids for 10,70,27,492 shares against 6,25,00,001 shares on offer, according to data available with the exchanges. The portion for Qualified Institutional Buyers (QIBs) was subscribed 4.23 times, non-institutional investors 66 per cent and Retail Individual Investors (RIIs) 73 per cent.
The initial public offer aggregating up to Rs 5,000 crore had a fresh issue of up to Rs 1,500 crore and an offer for sale of up to Rs 3,500 crore. The IPO was in a price range of Rs 560-570 per share.
Nuvoco Vistas Corporation Ltd, part of the Nirma Group, last week raised Rs 1,500 crore from anchor investors. Proceeds of the fresh issue will be used for repayment of certain loans availed by the company and general corporate purposes.
ICICI Securities, Axis Capital, HSBC Securities and Capital Markets (India), J P Morgan India, and SBI Capital Markets were the managers of the offer.
About Nuvoco Vistas:
Nuvoco Vistas is a cement manufacturer with a consolidated capacity of 22.32 million metric tonnes per annum (MMTPA). It has 11 cement plants comprising five integrated units, five grinding units, and one blending unit.
It operates cement manufacturing units in Chhattisgarh, Jharkhand, West Bengal, Rajasthan, and Haryana.
