Nuvoco Vistas IPO Subscription Status & Subscription Numbers | Should You Subscribe ?

Nuvoco Vistas IPO (Initial Public Offering) will open for subscription on 09 Aug 2021 which is Monday. Nuvoco Vistas IPO will close for subscription on 11 July 2021 which is Wednesday. The GMP is showing an average trend that reached Rs.40 and all eyes will be on QIB and HNI numbers as it will be the key point for the GMP. The company to raise Rs.5000 crore via IPO.

Nuvoco Vista Corporation Ltd, a part of Nirma Group Company is among one of the largest cement companies and concrete manufacturers in India. It offers a diversified range of products such as cement, Ready-mix Concrete (RMX), and modern building materials i.e. adhesives, wall putty, dry plaster, cover blocks, and more. The price band of the IPO is ₹560 to ₹570. The Nuvoco Vistas IPO to list on NSE and BSE. Check out Nuvoco Vistas grey market premium, Kostak rates, and subject to sauda rates as of today.

Latest Update: Nuvoco Vistas IPO subscribed 1.71x times, QIB 4.23x, NII  0.66x and RII 0.73x times on day 3.

 

    Nuvoco Vistas IPO Subscription Status & Subscription Numbers

    Nuvoco Vistas IPO Subscription Numbers
    (Day 3)

    Category Day 1 Day 2 Day 3
    QIB 0.0x 0.11x 4.23x
    NII 0.01x 0.04x 0.66x
    RII 0.31x 0.51x 0.73x
    EMP x x x
    OTH x x x
    Total 0.16x 0.29x 1.71x

    Nuvoco Vistas IPO Date & Price Band:

    IPO Opening Date Aug 9, 2021
    IPO Closing Date Aug 11, 2021
    Issue Type Book Built Issue IPO
    Face Value ₹10 per equity share
    IPO Price ₹560 to ₹570 per equity share
    Market Lot 26 Shares
    Min Order Quantity 26Shares
    Listing At BSE, NSE
    Issue Size [.] Eq Shares of ₹10
    (aggregating up to ₹5000 Cr)
    Fresh Issue [.] Eq Shares of ₹5
    (aggregating up to ₹1500 Cr)
    Offer for Sale 51,42,067 Eq Shares of ₹5
    (aggregating up to ₹3500 Cr)

    Nuvoco Vistas IPO Tentative Timetable

    The Nuvoco Vistas IPO open date is 9 Aug 2021, and the close date is 11 Aug 2021. The issue may list on 23 Aug 2021. 
    IPO Open Date Aug 9, 2021
    IPO Close Date Aug 11, 2021
    Basis of Allotment Date Aug 17, 2021
    Initiation of Refunds Aug 18, 2021
    Credit of Shares to Demat Account Aug 20, 2021
    IPO Listing Date Aug 23, 2021

    Nuvoco Vistas IPO Market Lot:

    The Nuvoco Vistas IPO minimum market lot is 26 shares with ₹14,820 application amount. The retail investors can apply up to 13 lots with 338 shares or ₹192,660 amounts.

    Minimum Lot Size: Minimum 30 Shares
    Minimum Amount: ₹13,800
    Maximum Lot Size: Maximum 420 Shares
    Maximum Amount: ₹193.200

    Nuvoco Vistas IPO Subscription FAQs:

    When Nuvoco Vistas IPO Subscription will start?
    The Nuvoco Vistas IPO subscription starts on 09 Aug 2021 for QIB, NII, and Retail Investors.

    How much is Nuvoco Vistas IPO subscribed?
    The Nuvoco Vistas IPO subscribed 1.71times on day 3

    What is the Nuvoco Vistas IPO retail subscription status?
    The Nuvoco Vistas retail subscription is 0.73on day 3.

    How to subscribe to Nuvoco Vistas IPO?
    You can go with ASBA and Non-ASBA options for subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

    How do I check live Nuvoco Vistas IPO Subscription Numbers?
    One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE websites.

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