Nuvoco Vistas IPO Subscription Day 3

Nuvoco
IPO
11/08/2021

The Rs.5,000 crore IPO of Nuvoco Vistas, consisting of Rs.1,500 crore fresh issue and Rs.3,500 crore OFS, was just about subscribed on Day-3, with support from the QIBs. As per the combined bid details put out by BSE, Nuvoco Vistas IPO was subscribed 1.71X overall, with robust demand only visible in the QIB segment. The issue has closed on 11th August.

In terms of numbers, out of the 625.00 lakh shares on offer in the IPO, Nuvoco Vistas saw applications for 1,070.27 lakh shares at close of Day-3. This implies an overall subscription of 1.71X. The granular break-up is tilted in favour of QIBs.

 

Nuvoco Vistas IPO Subscription Day-3

Category Subscription Status
Qualified Institutional (QIB) 4.23 Times
Non-Institutional (NII) 0.66 Times
Retail Individual 0.73 Times
Total 1.71 Times

 

QIB Portion

The QIB portion saved the day on the last day of the IPO. On 06 Aug, Nuvoco Vistas did an anchor placement worth Rs.1,500 crore. QIB portion, net of anchor allocation, was subscribed 4.23X (getting applications for 754.93 lakh shares against the available quota of 178.57 lakh shares) at the close of Day-3.

HNI Portion

The HNI portion got subscribed just 0.66X (getting applications for 88.69 lakh shares against the quota of 133.93 lakh shares). Funded applications and corporate applications remained tepid even on the last day.

Retail Individuals

The retail portion got subscribed just 0.73X at the close of Day-3, showing limited retail appetite. Out of the 312.50 lakh shares on offer, valid bids were received for 226.65 lakh shares, of which bids for 178.41 lakh shares were at the cut-off price. The IPO was priced in the band of (Rs.560-Rs.570) and has closed for subscription on Wednesday, 11th August.

 

Also Read: 

Upcoming IPOs in 2021

New IPOs in August 2021

Next Article

Aptus Value Housing Finance IPO Subscription Day 2

Aptus Value
IPO
11/08/2021

The Rs.2,780 crore IPO of Aptus Value Housing, consisting of Rs.500 crore fresh issue and Rs.2,280 crore OFS, remains partially subscribed at the close of Day-2. As per the combined bid details put out by BSE at the close of Day-2 of the issue, Aptus Value Housing IPO was subscribed 0.37X overall, with bulk of the demand coming from the retail segment followed by QIBs. The issue closes on 12th August.

In terms of numbers, out of the 551.29 lakh shares on offer in the IPO, Aptus Value Housing saw applications for 206.37 lakh shares. This implies an overall subscription of 0.37X. The granular break-up of subscriptions were in favour of retail investors.
 

Aptus Value Housing Finance IPO Subscription Status Day 2

Category Subscription Status
Qualified Institutional (QIB) 0.33 Times
Non-Institutional (NII) 0.06 Times
Retail Individual 0.54 Times
Total 0.37 Times

 

QIB Portion

The QIB portion got tepid response on Day-2. On 09 Aug, Aptus Value Housing did an anchor placement worth Rs.834 crore. QIB portion, net of anchor allocation, was subscribed 0.33X (getting applications for 51.88 shares against the available quota of 157.51 lakh shares) at the close of Day-2. However, QIB applications typically get bunched on the last day.

HNI Portion

The HNI portion got subscribed 0.06X (getting applications for 6.70 lakh shares against the quota of 118.13 lakh shares). However, funded applications and corporate applications typically come in only on the last day.

Retail Individuals

The retail portion got subscribed 0.54X at the close of Day-2, showing limited retail appetite. Out of the 275.64 lakh shares on offer, valid bids were received for 147.79 lakh shares, of which bids for 118.59 lakh shares were at the cut-off price. The IPO is priced in the band of (Rs.346-Rs.353) and closes for subscription on 12th August.

 

Also Read: 

Upcoming IPOs in 2021

New IPOs in August 2021

Next Article

Chemplast Sanmar IPO Subscription Day-2

Chemplast
IPO
11/08/2021

The Rs.3,850 crore IPO of Chemplast Sanmar, consisting of Rs.1,300 crore fresh issue and Rs.2,550 crore OFS, was still only partially subscribed on Day-2. As per the combined bid details put out by BSE at the close of Day-2 of the issue, Chemplast Sanmar IPO was subscribed 0.26X overall, with bulk of the demand coming from the retail segment. The issue closes on 12th August.

In terms of numbers, out of the 399.53 lakh shares on offer in the IPO, Chemplast Sanmar saw applications for 103.37 lakh shares. This implies an overall subscription of 0.26X. The granular break-up of subscriptions were tilted in favour of retail investors.
 

Chemplast Sanmar IPO Subscription Status Day 2

Category Subscription Status
Qualified Institutional (QIB) 0.02 Times
Non-Institutional (NII) 0.06 Times
Retail Individual 1.29 Times
Total 0.26 Times

 

QIB Portion

The QIB portion virtually got hardly any response on Day-2. On 09 Aug, Chemplast Sanmar did an anchor placement worth Rs.1,733 crore. QIB portion, net of anchor allocation, was subscribed 0.02X (getting applications for 3.42 lakh shares against the available quota of 217.92 lakh shares) at the close of Day-2.

HNI Portion

The HNI portion got subscribed 0.06X (getting applications for 6.13 lakh shares against the quota of 108.96 lakh shares). However, funded applications and corporate applications typically come in on the last day only.

Retail Individuals

The retail portion got subscribed 1.29X at the close of Day-2, showing reasonable retail appetite. Out of the 72.64 lakh shares on offer, valid bids were received for 93.82 lakh shares, of which bids for 76.95 lakh shares were at the cut-off price. The IPO is priced in the band of (Rs.530-Rs.541) and closes for subscription on 12th August.

Also Read: 

Upcoming IPOs in 2021

New IPOs in August 2021

Next Article

Aptus Value Housing Finance IPO Subscription Day 3

Aptus Value
IPO
12/08/2021
Next Article

Chemplast Sanmar IPO Subscription Day-3

Chemplast Sanmar
IPO
12/08/2021

The Rs.3,850 crore IPO of Chemplast Sanmar, consisting of Rs.1,300 crore fresh issue and Rs.2,550 crore OFS, was fully subscribed on Day-3. As per the combined bid details put out by BSE at the close of Day-3 of the issue, Chemplast Sanmar IPO was subscribed 2.17X overall, with bulk of the demand coming from the QIB and Retail segments. The issue has closed on 12th August.

In terms of numbers, out of the 399.53 lakh shares on offer in the IPO, Chemplast Sanmar saw applications for 866.38 lakh shares. This implies an overall subscription of 2.17X. The granular break-up of subscriptions were tilted in favour of QIB and retail investors.

 

Chemplast Sanmar IPO Subscription Status Day 3

Category Subscription Status
Qualified Institutional (QIB) 2.70 Times
Non-Institutional (NII) 1.03 Times
Retail Individual 2.29 Times
Total 2.17 Times

 

QIB Portion

The QIB portion got a relatively better response on Day-3. On 09 Aug, Chemplast Sanmar did an anchor placement worth Rs.1,733 crore. QIB portion, net of anchor allocation, was subscribed 2.70X (getting applications for 587.68 lakh shares against the available quota of 217.92 lakh shares) at the close of Day-3.

HNI Portion

The HNI portion just about got subscribed 1.03X (getting applications for 112.40 lakh shares against the quota of 108.96 lakh shares). The funded applications and corporate applications were not too prominent on the last day.

Retail Individuals

The retail portion got subscribed 2.29X at the close of Day-3, showing fair retail appetite. Out of the 72.64 lakh shares on offer, valid bids were received for 166.30 lakh shares, of which bids for 135.62 lakh shares were at the cut-off price. The IPO is priced in the band of (Rs.530-Rs.541) and has closed for subscription on 12th August.

 

Also Read: 

Upcoming IPOs in 2021

New IPOs in August 2021

Next Article

Radhakishan Damani's Portfolio 2021

Radhakrishan
12/08/2021

Radhakishan Damani has often been the quiet big influence in stock markets. He is normally quite reticent about portfolio moves. Damani’s portfolio is predominated by Avenue Supermarts, the owner of D-Mart retail chain. His current ownership of Avenue Supermarts is above Rs.150,000 crore. Radhakishan Damani principally invests in the name of his family and through companies like Bright Star Investments and Derive Trading.

D-Mart predominates his portfolio, but there are a number of other stocks where Damani holds shares worth more than 1%. Find the table of Damani’s key holdings as under.
 

Radhakishan Damani's portfolio as of June-21:

 

Top Holdings (Jun-21)

Stake in Company

Holding Value

Avenue Supermarts

65.2%

Rs.150,331 crore

VST Industries

30.2%

Rs.1,571 crore

India Cements

12.7%

Rs.698 crore

Sundaram Finance

2.4%

Rs.655 crore

Mangalam Organics

2.2%

Rs.13 crore

Blue Dart Express

1.7%

Rs.222 crore

Metropolis Healthcare

1.6%

Rs.216 crore

Trent Ltd

1.5%

Rs.486 crore

3M India

1.5%

Rs.410 crore

BF Utilities

1.3%

Rs.22 crore

Andhra Paper

1.3%

Rs.12 crore

United Breweries

1.2%

Rs.451 crore

Astra Microwave

1.0%

Rs.14 crore

 

Here is a quick look at the stocks Damani bought and sold in the Jun-21 quarter.

What did Radhakishan Damani buy and sell in the Jun-21 quarter?

Let us first look at stocks he bought in the Jun-21 quarter. There are 2 stocks where Damani increases his stake in the Jun-21 quarter. He added to his holdings in Sundaram Finance taking his stake in the company up by 14 bps to 1.9%. The other stock that Damani bought was United Breweries where he hiked the stake by a marginal 0.2% in the quarter.

During the Jun-21 quarter, Damani exited two of the stocks viz. Foods and Inns Ltd as well as Prozone Intu Properties. While Damani had a 4.7% stake in the former, he had a 1.3% stake in the latter. He has exited these two stocks fully. In addition, he also reduced his stake in Blue Dart Express from 2% to 1.7% during the quarter. In addition, Damani also pared his stake in Metropolis Healthcare from 1.6% to just about 0.1% holding. Damani’s equity portfolio value stands at $21 billion.

 

Also check: Big Bull Rakesh Jhunjhunwala's Portfolio 2021