Nuvoco Vistas Corporation Limited which had tapped the capital markets with its fresh issue for Rs 1,500 crs and an offer for sale of Rs 3,500 crs was subscribed 1.74 times. The issue had opened on Monday the 9th of August and closed on Wednesday the 11th of August. The price band was Rs 560-570.

Earlier the company had completed its allocation to anchor investors. The company allotted 2,63,15,788 equity shares to 36 Anchor investors comprising of 66 entities at Rs 570 per share. The issue opens on Monday the 9th of August and closes on Wednesday the 11th of August.

The highest allocation was made to State Bank of India who was allotted 9.9% of the anchor book through five entities. SBI Life Insurance was allotted 8.7% of the anchor book.

The QIB portion was subscribed 4.30 times, HNI portion was subscribed 0.67 times and Retail portion was subscribed 0.74 times. There were 7.20 lac applications and on basis of lots the retail issue was subscribed 0.61 times.

Full details of the subscription category wise is given below: –