The total volume of shares traded was 221 m. Nuvoco Vistas IPO to list on NSE and BSE on 23 August 2021 Monday at 1000 AM.
Report Wire Nuvoco Vistas Makes A Weak Debut In Inventory Markets Lists At Over 17 Under Subject Worth
Shares of Nuvoco Vistas Corporation Ltd made a weak debut on Monday August 23 as they listed at Rs 530 7 lower compared to its issue price of Rs 570This was in-line with the Street expectation as traders were expecting weak listing for the cement maker as grey market premium turned negative for Nuvoco Vistas ahead of listing.
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Nuvoco vistas cement share price. Nuvoco Vistas Corporation has made a weak debut on the bourses today ie. Analysts are bullish on the IPO as they see valuations fairly priced and see good prospects for the cement sector going. The issue is priced at 560 to 570 per equity share.
NUVOCO VISTAS Share Price Today. Nuvoco Vistas made its debut at Rs 471 on BSE a 17 per cent discount over its issue price of Rs 570. The company is Indias fifth-largest cement company.
Nuvoco Vistas share got listed at Rs 471 on BSE a 1737 per cent down to its issue price of Rs 570. Nuvoco Vistas Corporation erstwhile Lafarge India plans to raise Rs 5000 crore. Mumbai-based Nuvoco Vistas is aiming to raise Rs 5000 crore through its primary offering.
August 23 2021 1000 AM IST Indias fifth largest cement maker Nuvoco Vistas Corporation shares made a weak debut on August 23 as it started off. After a blockbuster season of listing gains the Indian primary market is now appearing to be losing some steam. It is also one of the leading ready-mix concrete RMX producers in India.
NUVOCO VISTAS last traded price was up 00 to Rs 00 on the BSE. The issue consists of issuance of fresh equity shares worth Rs 1500 crore and offer for sale OFS by promoters of the company. On the NSE NUVOCO VISTAS last traded price was down 72 to Rs 5290.
Cement manufacturer Nuvoco Vistas Corporation made a weak debut on the bourses as the companys shares listed at Rs 471 17 per cent below its issue price of Rs 570 per share on the BSE on Monday. In the primary market Nuvoco Vistas shares were seen quoting at a premium of Rs 45 over the IPO price of Rs 570 per share. Ad Investment guru says its one of the most disruptive stocks in the world.
04 Aug 2021 0839 AM IST. Nuvoco produces 42 of the total cement produced in India about 17 of total cement produced in East India and has a 5 production share in North India as of December 31 2020. The stock listed at 485 per share on the National Stock Exchange NSE 15 discount to issue price of 570 apiece.
Yet few know about it and he just issued an urgent buy alert. On the National Stock Exchange NSE the stock opened at Rs 485 15 per cent down against its issue price the exchange data shows. Nuvoco Vistas Corporation Limited Indias fifth largest cement company by capacity shares.
Overall the benchmark SP BSE SENSEX was. Nuvoco Vistas IPO attracts 16 bids on first day of bidding 09 Aug 2021 0631 PM IST. Nuvoco IPO is a main-board IPO of equity shares of the face value of 10 aggregating up to 500000 Crores.
Yet few know about it and he just issued an urgent buy alert. The issue is priced at 560 to 570 per equity share. It is the latest player to list at a discount on bourses following the footsteps of CarTrade Tech Windlas Biotech and Glenmark Life Science.
Nuvoco Vistas shares recovered from lows minutes after listing trading. The cement makers shares opened at 471 a discount of 1737 per. Nuvoco Vistas IPO to open on Aug 9.
On NSE the share opened at Rs 485 down 1491 per cent. Lets check the subscription numbers the IPO subscribed 171x times overall that comprises QIB 423x NII 066x and Retail 073x. The scrip got listed at NSE at Rs485 per share a 1491 discount over its issue price of Rs570.
Nuvoco Vistas Rs 5000-crore offer had. Price band fixed at Rs 560-570. The market capitalisation of.
Ad Investment guru says its one of the most disruptive stocks in the world. In the grey market unlisted shares of Nuvoco Vistas are commanding a marginal premium of Rs 5-6 per share over the issue price of Rs 570 apiece. Shares of Nuvoco Vistas Corp listed at 471 while the price band was fixed at 560-570 per share.
It was not a good subscription for a company like Nuvoco Vistas that is backed by Nirma Group. The IPO was subscribed just 171 times on the last day of the bidding.
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