Nureca Limited IPO (Nureca limited IPO) Details:

Nureca Limited initial public offer (IPO) is a retailer of healthcare and wellness goods. The business aims to provide clients with the highest quality, durable, and creative tools to track chronic diseases to enhance their lifestyle is scheduled to open for subscription next week on February 15th, 2021. After obtaining capital market regulator SEBI go-ahead to raise Rs. 100 crore via public issue. Nureca Ltd will sell at Rs. 396-400 price band. Each with a face value of Rs. 10, and will close on February 17th, 2021. Hence, Nureca’s equity shares proposed to listed on the BSE and NSE. According to the Red Herring Prospectus. Similarly, the company aims to use the net proceeds from the problem to finance the company’s additional working capital needs and general corporate purposes.

Moreover, the firm operates in a market that is highly competitive and unorganized. Abhay Doshi, Founder, UnlistedArena.com, dealing in Pre-IPO & Unlisted Shares. However, the company showed remarkable growth in revenue. Mainly due to fear of the COVID-19 pandemic and patients avoiding visits to hospitals and clinics, contributing to sales growth. Since the situation is normalizing. However, business growth should also settle on an earlier trajectory of growth. The company’s e-commerce adoption plan is working very well and should continue to do well in the future. Since the problem is small, we can see a good result at the IPO said, Doshi.

Nureca Limited IPO (Nureca limited IPO) Details:

Nureca Limited IPO is engaged in trading is a retailer of healthcare and wellness goods. However, this IPO is going to be opened on 15th February and the IPO will be closed on 17th February. Its face value is Rs. 10/- per equity share. But its IPO price is Rs. 396-400/- per share. However, the minimum market lot is set at 35 shares per lot. Moreover, the minimum order quantity for buying is 35 shares listing at BSE, NSE. Similarly, the issue of Equity shares is Rs. 10/- aggregating up to Rs. 100 crores. And its fresh issue of Equity shares of Rs. 10/- aggregating up to Rs. 100 crores.

The key objects of the Nureca Limited IPO are as follows: 

• • To meet the working capital requirements of the business.
  • To meet general corporate purposes.

Prospectus Documents:

DRHP

Contact Information:

Nureca Limited
128 Gala Number Udyog Bhavan
1st Floor Sonawala Lane,
Goregaon (East), Mumbai

Phone: +91-22-49616173
Email: cs@nureca.com
Website: http://www.nureca.com/