IPO Alert: Nuvoco Vistas Corporation Limited 

Incorporated in 1999, this company is the 5th largest cement company in India and the largest cement company in East India in terms of capacity. They are one of the leading Ready-Mix Concrete (“RMX”) manufacturers in India, operating 49 RMX Plants, and enhancing their pan-India presence.

Bid/Offer Opens OnMonday, 09-Aug-21
Bid/Offer Closes OnWednesday, 11-Aug-21
Price BandRs. 560 - Rs. 570 per equity share
Lot Size26 Shares

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The below table has important dates with respect to the IPO allotment and listing.

Finalization of Basis of Allotment17-Aug-21
Initiation of Refunds18-Aug-21
Credit of Shares to Demat Acct20-Aug-21
IPO Shares Listing Date23-Aug-21
UPI mandate expiry date29-Aug-21

How to Check Allotment Status

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

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