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NUVOCO VISTAS CORPORATION LIMITED IPO

NUVOCO VISTAS CORPORATION LIMITED was a mainboard IPO, offered at ₹560–₹570 per share to raise ₹5,000 crore. The issue was subscribed 1.71× overall (QIBs 4.23×, NIIs 0.66×, retail 0.73×). It listed on 23 Aug 2021 and closed its first day at ₹532, a listing loss of -6.7% versus the ₹570 issue price. It now trades around ₹320 (-43.8% versus the issue price).

Frequently asked questions

How many times was the NUVOCO VISTAS CORPORATION LIMITED IPO subscribed?
The NUVOCO VISTAS CORPORATION LIMITED IPO was subscribed 1.71× overall — 4.23× in the QIB category, 0.66× among non-institutional investors, 0.73× in retail.
What were the NUVOCO VISTAS CORPORATION LIMITED IPO listing gains?
NUVOCO VISTAS CORPORATION LIMITED listed on 23 Aug 2021, closing its first day at ₹532 — a listing loss of -6.7% versus the ₹570 issue price.
What were the retail allotment odds for the NUVOCO VISTAS CORPORATION LIMITED IPO?
Retail was subscribed 0.73×, so a single-lot application had roughly a 100% chance of allotment — most applicants were allotted, and allotment was finalised on 17 Aug 2021.
What was the price band and lot size of the NUVOCO VISTAS CORPORATION LIMITED IPO?
The price band was ₹560–₹570 per share.