Nuvoco Vistas is the largest cement manufacturer in East India and the fifth largest in India by capacity
Nuvoco Vistas Corporation has completed allotment of shares to investors ahead of its debut scheduled for August 23. The 5,000 crore IPO of the cement branch of the Nirma Group was subscribed for 1.71 times, receiving bids for more than 10.70 crore shares over the total issue size of more than 6.25 crore shares. The portion available to qualified institutional buyers was subscribed 4.23 times, the non-institutional investor segment 0.66 times and the retail retail portion 0.73 times.
Nuvoco Vistas Corporation’s IPO included a new issue of Rs 1,500 crore and a sale offer of Rs 3,500 crore by promoter Niyogi Enterprise.
Nuvoco Vistas is the largest cement producer in East India and the fifth largest cement player in the country by capacity. It makes cement, modern building materials such as adhesives, ready-mixed concrete, wall putty and dry plaster.
Here’s How To Check Nuvoco Vistas Corporation Share Allocation Status
- Go to Link Intime India website (https://www.linkintime.co.in/IPO/public-issues.html)
- Select the ‘Nuvoco Vistas Corporation Limited IPO’ option from the drop down menu
- Select one of three: Application Number, Client ID or PAN ID
- Fill in the relevant details
- Fill in captcha
- Enter ‘Send’
BSE website (https://www.bseindia.com/investors/appli_check.aspx)
- Select the ‘Equity’ option under ‘Status of Issue Application’
- Select ‘Nuvoco Vistas Corporation Limited’ from the drop down menu
- Type application number and permanent account number
- Click on ‘I am not a robot’
- Click on the ‘Search’ button
