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Tag: nuvoco vistas ipo

  • Nuvoco Vistas makes a weak debut in inventory markets, lists at over 17% under subject worth

    Nuvoco Vistas share worth: The shares of cement producer Nuvoco Vistas Corporation made a weak debut on the inventory exchanges in the present day itemizing at over 17 per cent decrease than their subject worth.
    The scrip obtained listed at Rs 471.00 apiece on the BSE, thereby registering a fall of 17.37 per cent from its supply worth of Rs 570.00, whereas on the National Stock Exchange (NSE), it opened at Rs 485.00, down 14.91 per cent from the problem worth.
    However, the inventory gained from its opening lows and touched an intraday excessive of Rs 546.80 on NSE and Rs 547.15 on the BSE thus far in the course of the first quarter-hour of commerce.
    At 10:15 am, the scrip was buying and selling at Rs 541.15 on the BSE, down 5.06 per cent from the problem worth whereas on NSE it was at Rs 543.45.

    Over 80.78 lakh shares of Nuvoco Vistas Corporation have been traded on the NSE in the course of the first quarter-hour of commerce, whereas over 3.98 lakh shares exchanged fingers on the BSE, information from the respective inventory exchanges confirmed.
    The Rs 5,000 crore IPO of the cement producer, which is part of the Nirma Group, was subscribed 1.71 instances throughout its supply interval from August Sept. 11.
    The firm has a consolidated capability of twenty-two.32 million metric tonnes every year (MMTPA). It has 11 cement crops comprising 5 built-in items, 5 grinding items and one mixing unit. It operates cement manufacturing items in Chhattisgarh, Jharkhand, West Bengal, Rajasthan and Haryana.

  • Nuvoco Vistas IPO share allotment standing on-line: How to verify your shares

    Nuvoco Vistas IPO share allotment standing: The preliminary public providing (IPO) of cement maker Nuvoco Vistas Corporation was subscribed 1.71 instances over the 6.25 crore shares that had been on supply through the subscription interval from August Sep 11, 2021. The value band was fastened at Rs 560-570 per share.
    Nuvoco Vistas IPO obtained bids of over 10.70 crore (10,70,27,492) shares towards the entire problem dimension of over 6.25 crore (6,25,00,001) shares, knowledge obtainable with the National Stock Exchange (NSE) confirmed.
    The shares that are to be allotted for the certified institutional patrons (QIBs) was subscribed 4.23 instances, whereas these of non institutional traders was subscribed 0.66 instances and that of retail particular person traders (RIIs) was subscribed 0.73 instances, the information confirmed.

    The Rs 5,000 crore IPO of Nuvoco Vistas includes of a contemporary problem of shares value Rs 1,500 crore and a suggestion on the market of Rs 3,500 crore by promoter Niyogi Enterprise.

    The proceeds from the contemporary problem might be used for the reimbursement of sure loans availed by the corporate and for normal company functions.
    Investors are actually trying ahead to the share allotment date of the Nuvoco Vistas IPO. The firm is meant to finalise the allotment by Tuesday, August 17, 2021, as per the timeline offered within the purple herring prospectus (RHP). In case you may have utilized for the Nuvoco Vistas IPO, then right here is how one can verify the standing of your allotment when it will get declared:
    The allotment standing will get up to date on the web site of the registrar of the IPO, which on this case is Link Intime India (Click right here: https://linkintime.co.in/MIPO/Ipoallotment.html). Applicants might want to choose Nuvoco Vistas Corporation Limited – IPO within the drop-down menu and enter both their PAN, utility quantity or DP Client ID. and click on on search to view their allotment standing.
     
    Apart from the registrar’s web site, candidates can even verify the standing of their allotment on the web site of the BSE (Click right here: https://www.bseindia.com/investors/appli_check.aspx). Here, they might want to choose Equity in Issue Type, then choose NUVOCO VISTAS CORPORATION LIMITED from the drop-down listing within the Issue Name part, enter their Application Number and PAN Number within the respective packing containers after which click on on search to view their standing.

    The itemizing of shares of Nuvoco Vistas Corporation is prone to happen on Monday, August 23, 2021, on each the NSE and BSE.
    ICICI Securities, Axis Capital, HSBC Securities and Capital Markets (India), JP Morgan India and SBI Capital Markets are the guide working lead managers to the IPO.

  • IPO Wrap: CarTrade Tech IPO subscribed 20.29 instances; Nuvoco Vistas IPO subscribed 1.71 instances

    The two preliminary public choices (IPOs) of CarTrade Tech and Nuvoco Vistas Corporation, which have been launched earlier this week have been met with good demand by the buyers.
    CarTrade Tech IPO was subscribed 20.29 instances on the ultimate day, whereas Nuvoco Vistas IPO witnessed 1.71 instances subscription by the top, knowledge accessible on the National Stock Exchange (NSE) confirmed.
    The CarTrade Tech IPO acquired bids for over 26.31 crore (26,31,74,823) shares in opposition to the entire difficulty dimension of over 1.29 crore (1,29,72,552) shares, the NSE knowledge confirmed.
    The shares that are to be allotted for the certified institutional consumers (QIBs) was subscribed 35.45 instances, whereas these of non institutional buyers was subscribed 41.00 instances and that of retail particular person buyers (RIIs) was subscribed 2.75 instances, the information confirmed.

    The Rs 2,999 crore IPO of the web auto categorised platform had opened for subscription on Monday, August 9, 2021, and concluded at 5 pm on Wednesday, August 11, 2021. It had a worth band of Rs 1,585-1,618 per share and earlier than heading into the IPO, CarTrade Tech raised almost Rs 900 crore (Rs 8,99,55,36,352) from 43 anchor buyers in lieu of 55,59,664 fairness shares at Rs 1,618 every.
    Speaking of Nuvoco Vistas Corporation, the IPO of the cement producer acquired bids for over 10.70 crore (10,70,27,492) shares in opposition to the entire difficulty dimension of 6.25 crore (6,25,00,001) shares, based on the inventory trade knowledge.
    The shares that are to be allotted for the QIBs was subscribed 4.23 instances, whereas these of non institutional buyers was subscribed 0.66 instances and that of RIIs was subscribed 0.73 instances, the information confirmed.

    The Rs 5,000 crore Nuvoco Vistas IPO too had opened for subscription on Monday, August 9, 2021, and concluded Wednesday. It had a worth band of Rs 560-570 per share and earlier than heading into the IPO, the cement manufacturing firm raised almost Rs 1,500 crore (Rs 14,99,99,99,160) from 66 anchor buyers in lieu of two,63,15,788 fairness shares at Rs 570 every.
    Going forward, buyers will now sit up for the share allotment date of each points. The finalisation of the premise of allotment for each Nuvoco Vistas Corporation and CarTrade Tech is predicted to happen on Tuesday, August 17, 2021, as per the data offered within the purple herring prospectus of each firms.

  • Nuvoco Vistas IPO opens at present: Here’s the whole lot you should know

    Nuvoco Vistas IPO opens at present: Here’s the whole lot you should know

  • Nuvoco Vistas garners Rs 1,500 crore from anchor buyers forward of IPO

    Cement producer Nuvoco Vistas Corporation Ltd, a part of the Nirma Group, has raised Rs 1,500 crore from anchor buyers forward of its preliminary share sale, which opens for public subscription on Monday.
    The firm has determined to allocate 2.63 crore fairness shares to anchor buyers at Rs 570 apiece aggregating the transaction dimension to Rs 1,500 crore, in response to a round uploaded late night on Friday on the BSE web site.

    HDFC Life Insurance Company, SBI Life Insurance Company, SBI Mutual Fund (MF), Axis MF, Mirae MF, Franklin Templeton MF, Premji Invest and SBI Pension Fund amongst others had been home buyers that participated within the anchor guide.
    Among the international portfolio buyers contributors had been APG AM, CI Funds, TT International, Carmignac, and Wells Capital.
    The preliminary public providing (IPO) contains a recent situation of shares price Rs 1,500 crore and a proposal on the market of Rs 3,500 crore by promoter Niyogi Enterprise.
    The public situation, with a value band of Rs 560-570 a share, will open for subscription on August 9 and conclude on August 11.
    Proceeds of the recent situation shall be used for the reimbursement of sure loans availed to the corporate and for normal company functions.

    Half of the problem dimension has been reserved for certified institutional consumers (QIBs), 35 per cent for retail buyers and the remaining 15 per cent for non-institutional buyers.
    Investors can bid for no less than 26 fairness shares and in multiples of 26 fairness shares thereafter.
    Nuvoco Vistas is a cement producer with a consolidated capability of twenty-two.32 million metric tonnes each year (MMTPA). It has 11 cement crops comprising 5 built-in items, 5 grinding items and one mixing unit.
    It operates cement manufacturing items in Chhattisgarh, Jharkhand, West Bengal, Rajasthan and Haryana.
    The firm’s management workforce is led by Hiren Patel, Chairman and Non-Executive Director and Jayakumar Krishnaswamy, Managing Director.
    Nuvoco Vistas, previously Lafarge India Limited, in February 2020 introduced that it’ll purchase the 8.3 million tonnes each year cement enterprise of Emami for an enterprise worth of Rs 5,500 crore. The superb was accredited by the Competition Commission of India (CCI) in May 2020.

    ICICI Securities, Axis Capital, JSBC Securities and Capital Markets (India) Private Limited J.P. Morgan India and SBI Capital Markets are service provider bankers.
    The firm’s fairness shares shall be listed on the BSE and the NSE.
    Founded by Karsanbhai Patel, Nirma Limited is certainly one of India’s diversified conglomerates with companies throughout industrial and client merchandise starting from soaps and detergents, salt, soda ash, caustic soda and different chemical compounds. The firm was delisted on the BSE and the NSE in 2011.

  • Nuvoco Vistas IPO to open on August 9; value band set at Rs 560-570/share

    Nuvoco Vistas Corporation, a part of the Nirma Group, on Wednesday stated it has mounted a value band of Rs 560-570 a share for its Rs 5,000 crore preliminary public providing.
    The three-day preliminary share-sale will open for public subscription on August 9 and conclude on August 11, the corporate introduced.
    The preliminary public providing (IPO) contains recent subject of shares value Rs 1,500 crore and a suggestion on the market of Rs 3,500 crore by promoter Niyogi Enterprise.

    Proceeds of the recent subject might be used to reimbursement of sure loans availed the corporate and common company goal.

    Half of the difficulty measurement has been reserved for certified institutional consumers (QIBs), 35 per cent for retail traders and the remaining 15 per cent for non institutional traders.
    Investors can bid for no less than 26 fairness shares and in multiples of 26 fairness shares thereafter.

    Nuvoco Vistas is a cement producer with a consolidated capability of twenty-two.32 MMTPA. It has 11 cement crops comprising 5 built-in items, 5 grinding items and one mixing unit.
    It operates cement manufacturing items in Chhattisgarh, Jharkhand, West Bengal, Rajasthan and Haryana.
    The firm’s management workforce is led by Hiren Patel, Chairman and Non-Executive Director and Jayakumar Krishnaswamy, Managing Director.

    Nuvoco Vistas, previously Lafarge India Limited, in February 2020 introduced that it’ll purchase the 8.3 million tonne every year cement enterprise of Emami for an enterprise worth Rs 5,500 crore. The deal was authorised by Competition Commission of India (CCI) in May 2020.
    ICICI Securities, Axis Capital, JSBC Securities and Capital Markets (India) Private Limited J.P. Morgan India and SBI Capital Markets are the service provider bankers.

    The fairness shares of the corporate might be listed on BSE and NSE.
    Founded by Karsanbhai Patel, Nirma Limited is one in every of India’s diversified conglomerates with companies throughout industrial and client merchandise starting from soaps and detergents, salt, soda ash, caustic soda and different chemical compounds. The firm was delisted from BSE and NSE in 2011.