Nuvoco IPO Views: ₹The public issue of 5,000 crore will open for subscription on August 9, 2021 and will remain open for bidding until August 11, 2021 ₹The company plans to collect 5,000 crore ₹1500 crore of new expenditure while the increase is planned ₹3500 crore by OFS (offer for sale). The company management has a fixed issue price of ₹560 tons ₹570 and company shares are on the gray market at a premium of. available ₹40.
Here we list 10 important details about the Nuvoco Vista IPO:
1]Nuvoco IPO GMP views: Nuvoco Vistas shares are available today at ₹40 Premium on the gray market, that means Nuvoco Vista’s IPO is GMP today ₹40 and the expected listing price of the gray market in relation to this public offering is ₹610 ( ₹570 + ₹40) – aggregated to a listing premium of around 7 percent.
2]Nuvoco Vista IPO opening date: The public edition will be open for subscription on August 9th and will remain open for subscription until August 11th, 2021.
3]Nuvoco Views IPO price range: The company’s management has a fixed price range for the public issue ₹560 tons ₹570.
4]Nuvoco sees IPO size: Promoters’ plan to increase the company ₹5,000 crore from this public issue. From this ₹5,000, they want to raise ₹1500 from the new edition and ₹3500 from OFS.
5]Nuvoco IPO Views lot size: One bidder must apply in lots and one lot comprises 26 Nuvoco Vistas shares.
6]Nuvoco Views IPO Grant Date: The tentative date for the Nuvoco Vistas share award is August 17, 2021.
7]Nuvoco sees IPO investment limit: As mentioned above, a bidder can apply for the public issue in lots. This means that a bidder can apply for at least one lot. A single bidder is also allowed a maximum of 13 lots. A bidder can at least. invest ₹14,820 ( ₹570 x 26) and maximum ₹1.92.660 [( ₹570 x 26) x 13].
8]Nuvoco Vista IPO: The public issue will be listed on both the NSE and BSE and the tentative date for the listing is August 23, 2021.
9]Problem type: The public edition will be entirely in book form with a face value of ₹10 per equity share.
10]Involvement of the promoters: After successful listing of the company shares, the participation of the promoters in the company will be reduced from 95.24 percent to 71.03 percent.
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