Wednesday, August 18, 2021

Nuvoco Vistas IPO Listing on 23 August 2021 on NSE & BSE

Nuvoco Vistas IPO to list on NSE and BSE on 23 August 2021, Monday at 10:00 AM. It was not a good subscription for a company like Nuvoco Vistas that is backed by Nirma Group. Lets check the subscription numbers, the IPO subscribed 1.71x times overall that comprises QIB 4.23x, NII 0.66x and Retail 0.73x. The company is one of the leading companies in the building material manufacturing segment. The company reported a net loss of 25.92 crores in 2021 against a profit of ₹249.25 crores in 2020. The revenues jumped to ₹7523 crores in 2021 versus ₹6830 crores in 2020. The company has good strenght but the zigzag PAT is a worry for short term investors. As per the grey market rates and the market speculations we can expect the stock to list at flat price. Check out the Nuvoco Vistas IPO listing details as given below:

Latest Update: Nuvoco Vistas IPO listed at 15% discount on indices. The stock was under immense pressure as the grey market suggested the discounted listing even the subscription numbers were down. The stock hit a high of 550 and low of 471 and 485 on BSE and NSE respectively.

Nuvoco Vistas


    Nuvoco Vistas Share Price Live Quote

    Details BSE Listing NSE Listing
    IPO Price
    ₹570.00
    ₹570.00
    List Price
    ₹471.00
    ₹485.00
    High Price
    ₹550.00
    ₹550.00
    Low Price
    ₹471.00
    ₹485.00
    Close Price
    ₹529.20
    ₹531.70
    Volume
    8,20,959
    2,20,79,454
    BSE Notice of Listing: Notice 1 | Notice 2


    Nuvoco Vistas IPO Listing Details

    Find the Nuvoco Vistas IPO listing details like BSE Code, NSE Code, ISIN Number and Listing Group. The information given below will help you on the Nuvoco Vistas share listing day.
    BSE Code543334
    NSE CodeNUVOCO
    GroupB
    ISIN NoINE118D01016
    Offer Price₹570
    Face Value₹10
    Listing Date23 August 2021, Monday

    Important Links:


    Nuvoco Vistas IPO Subscription Status (Final Data)

    (Over Subscribed) 

    The Nuvoco Vistas IPO subscribed 1.71x overall. The subscription comprises Qualified Institutional Buyer (QIB) 4.23x, (Non-institutional Bidders) NII 0.66x and Retail 0.73x.
    Category Day 1 Day 2 Day 3
    QIB 0.00x 0.11x 4.23x
    NII 0.01x 0.04x 0.66x
    RII 0.31x 0.51x 0.73x
    Total 0.16x 0.29x 1.71x

    Nuvoco Vistas IPO Time Table

     Price Band Announcement:  03 August 2021
     Anchor Investors Allotment:  08 August 2021
     IPO Open Date:  09 August 2021
     IPO Close Date:  11 August 2021
     Basis of Allotment:  17 August 2021
     Refunds:  18 August 2021
     Credit to Demat Account:  20 August 2021
     IPO Listing Date:  23 August 2021

    Nuvoco Vistas IPO Listing FAQs:


    When is Nuvoco Vistas IPO Listing Date?
    Nuvoco Vistas IPO listing date is 23 August 2021, Monday.

    What will be Nuvoco Vistas IPO Listing Price?
    The IPO listed at ₹485.00 on NSE and at ₹471.00 on BSE. As per the market speculations the IPO to list at ₹570-₹580.

    Will Nuvoco Vistas will list on NSE and BSE?
    Yes, The IPO to list on NSE and BSE both the indices.

    How much returns expected in Nuvoco Vistas IPO?
    The IPO might give a listing gain of ₹NIL.

    Should I buy Nuvoco Vistas shares on listing day?
    The long term investors should buy the stock on the listing day.

    What is a BSE and NSE Code for the Nuvoco Vistas IPO?
    The BSE Code is 543334 while NSE Code is NUVOCO.

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