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.