Nuvoco Vistas is the better adhesive architect in East India and fifth better in India, by capacity
Nuvoco Vistas Corporation has finalised allocation of shares to the investors advanced of its admission schedued on August 23. The Rs 5,000-crore IPO of the adhesive arm of the Nirma Group was subscribed 1.71 times, accepting bids for added than 10.70 crore shares as adjoin the absolute affair admeasurement of over 6.25 crore shares. The allocation accessible for the able institutional buyers was subscribed 4.23 times, the non-institutional investors articulation was subscribed 0.66 times and retail alone investors allocation was subscribed 0.73 times.
Nuvoco Vistas Corporation IPO comprised a beginning affair of Rs 1,500 crore and an action for auction of Rs 3,500 crore by apostle Niyogi Enterprise.
Nuvoco Vistas is the better adhesive architect in East India and the fifth better adhesive amateur in the country, by capacity. It makes cement, avant-garde architecture abstracts i.e. adhesives, ready-mix concrete, bank adjustable and dry plaster.
Here's how you can analysis the allocation allocation cachet of Nuvoco Vistas Corporation
Access Link Intime India website (https://www.linkintime.co.in/IPO/public-issues.html)
Select the 'Nuvoco Vistas Corporation Limited IPO' advantage from the drop-down menu
Select either one of the three: Appliance number, Client ID or PAN ID
BSE website (https://www.bseindia.com/investors/appli_check.aspx)
Select the 'Equity' advantage beneath 'Status of Affair Application'
Select 'Nuvoco Vistas Corporation Limited' from the drop-down menu
Type appliance cardinal and Permanent Account Number
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