Nureca is a B2C firm that specialises in home healthcare and wellness products. Its products are known for their quality, durability, usefulness, usability, and inventive designs.
Customers can use the company’s resources to track chronic illnesses and other disorders and improve their lifestyle.
Nureca is a digital-first firm that sells its goods through online channel partners like e-commerce, wholesalers, and stores.
It also has its own website, drtrust.in, where it offers products.
The product line of Nureca is currently divided into five categories, including
(i)Blood pressure monitors, pulse oximeters, thermometers, nebulizers, self-monitoring glucose devices, humidifiers, and steamers are examples of chronic device goods.
(ii) Orthopedic Products – This category includes wheelchairs, walkers, lumbar and tailbone supports, and physiotherapy electric massagers, among other things.
(iii) Breast pumps, bottle sterilisers, bottle warmers, car seats, and baby carry cots are all examples of mother and child products.
(iv) Nutritional Supplements, such as fish oil, multivitamins, probiotics, botin, apple cider vinegar, and so on.
(v) Lifestyle Products – this category includes items like smart scales, fragrance diffusers, and fitness trackers.
Subscription Dates | 15 – 17 February 2021 |
Price Band | INR 396 – 400 per share |
Fresh issue | INR100 crore |
Offer For Sale | Nil |
Total IPO size | INR100 crore |
Minimum bid (lot size) | 35 shares |
Face Value | INR10 per share |
Retail Allocation | 10% |
Listing On | NSE, BSE |
FY2018 | FY2019 | FY2020 | FY2021 | |
Revenue | 20.1 | 62.0 | 99.5 | 123.0 |
Expenses | 15.7 | 53.1 | 90.9 | 74.3 |
Net Income | 3.1 | 6.2 | 6.4 | 36.2 |
Net Margin (%) | 15.4 | 10.0 | 6.4 | 29.4 |
Earnings Per Share (EPS): INR9.14
Price/Earnings (PE ratio): 43.33 – 43.76
Return on Net Worth (RONW): 42.82%
Net Asset Value (NAV): INR73.78 per share (as of 30 Sep 2020)
NSE : NURECA
BSE : 543264
ISIN CODE : INE0DSF01015
BP Wealth – Avoid
ChoiceBroking – Avoid
Elite Wealth – Subscribe
GEPL Capital – Subscribe
SMC Global- 2/5
Ventura Securities – Not Rated
IPO Opening Date: 15 February 2021
IPO Closing Date: 17 February 2021
Finalisation of Basis of Allotment: 23 February 2021
Initiation of refunds: 24 February 2021
Transfer of shares to demat accounts: 25 February 2021
Listing Date: 25 February 2021
Opening Price on NSE: INR615 per share (up 53.75% from IPO price)
Closing Price on NSE: INR645.75 per share (up 61.43% from IPO price)
Nureca Limited
SCO 6 – 7 – 8
1st Floor, Sector 9 D,
Chandigarh, India
Phone: +91 172-5292900
Email: cs@nureca.com
Website: www.nureca.com
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: nureca.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Nureca limited IPO is a main-board IPO of the face value of ₹10 aggregating up to ₹100.00 Crores. The issue is priced at ₹396 to ₹400 per equity share. The minimum order quantity is 35 Shares.The initial public offering (IPO) begins Feb 15, 2021 and ends on Feb 17, 2021.The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.
The Nureca limited IPO opens on Feb 15, 2021 and closes on Feb 17, 2021.
Nureca limited IPO lot size is 35 Shares and the minimum order quantity is 35 Shares.
Nureca limited IPO can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Nureca limited IPO will be done on Feb 23, 2021, and the allotted shares will be credited to your demat account by Feb 24, 2021. Check the Nureca limited IPO allotment status.
The Nureca limited IPO listing date is on Thursday, February 25, 2021.
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