Should I subscribe to Nuvoco vistas IPO?

The public issue has garnered strong interest from analysts as a majority of them recommended subscribing to the issue for the long term citing reasonable valuations, optimism over the sector, government’s push for infrastructure & affordable housing, strong balance sheet, leadership in the Eastern Region, and below …

Is it good to invest in Nuvoco vistas?

Though the company has a strong market share with good brand names and financials are also decent. If we talk about Nuvoco vistas then investors can hold this stock for the long term on the back of a bullish outlook on the sector and strong market share,” said Santosh Meena, Head of Research, Swastika Investmart.

Can we apply for Nuvoco IPO?

The Nuvoco IPO market lot size is 26 shares. A retail-individual investor can apply for up to 13 lots (338 shares or ₹192,660).

Is it good to hold zomato shares?

The brokerage has a Buy rating on the stock with a target price of ₹175 apiece. The outlook is bullish as penetration of the food delivery business in India is still low but only aggressive investors are advised to hold this stock amid uncertainty about profitability,” said Parth Nyati, Founder, Tradingo.

What can you do with a Nuvoco IPO?

The initial public offer aggregating up to ₹5,000 crore had a fresh issue of up to ₹1,500 crore and an offer for sale of up to ₹3,500 crore. Proceeds of the fresh issue will be used for repayment of certain loans availed by the company and general corporate purposes.

How do I use the Nuvoco vistas IPO?

Nuvoco Vistas Corporation Ltd IPO Register

1. Phone: +91-22-4918 6270.
2. Email: [email protected].
3. Website: http://www.linkintime.co.in.

Is Nuvoco fully subscribed?

Nuvoco Vistas Corp’s offer was fully subscribed on the third day of bidding. The offer received bids for 10.34 million equity shares against an IPO size of 39.95 million equity shares, according to the data available on exchanges. Retail investors portion was the most subscribed 1.29 times.