Nureca IPO Reviews, Dates, Price Band, Market Lot & Financial Details.

Nureca IPO to hit the market on 15 February and closes on 17 February 2021. Nureca manufactures medicine, baby supplements, organic supplements, etc. Nureca is going for the IPO of ₹100 Cr. and the retail investor’s portion is only 10%. So there are fewer chances for investors to get the shares allotted. But you can try out your luck by subscribing to the issue. Check out more details of an IPO below.

Nureca IPO Dates & Price Band:

Open Date15th February 2021
Close Date17th February 2021
Total Size of IPO₹100 Cr.
Face Value ₹10 
Price Band ₹396 to ₹400
Listing onBSE & NSE
Retail Investor’s Portion10%

Nureca IPO Market Lot:

ApplicationLotSharesCut Off Amount
Minimum (RII)135₹14000
Maximum (HNI)13490₹196000

Nureca IPO Allotment & Listing Dates:

Allotment Date for Nureca – 23rd February 2021
Refund Date for Nureca – 24th February 2021
Credit of Shares to Demat Account – 25th February 2021
Listing Date for Nureca – 26th February 2021

Applying Nureca IPO through the form: 

Besides applying IPOs through ASBA application or through Demat accounts you can also apply to IPOs with the help of forms provided by NSE or BSE. This is one of the traditional and safe ways to apply for an IPO subscription. Download the form through this link and fill the form carefully.  You have to submit your filled form to the bank or broker.

Objectives of Issue:

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

Financials of Nureca IPO:

YearRevenue (₹ in Cr.)Expense (₹ in Cr.)Net Income (₹ in Cr.)
201820.115.73.1
201962.0553.16.2
202099.590.96.4

Our Teams Perspective:

Overall valuation and financials of the company are looking attractive. It would be a good play for the long term. Though chances are very less that you can get an allotment but you can try your luck out.
NOTE: Consult your financial advisor before applying for IPO.

Nureca IPO FAQs:

When will Nureca IPO open for Investors?

Nureca IPO will open on the 15th February and will close on the 17 February.

What is Nureca IPO Retail Portion?

The portion allocated for retail investors in Nureca IPO is 10%.

What is Nureca IPO Lot Size?

Lot Size for Nureca IPO is ₹1000 Crore.

What is the cutoff price for Nureca IPO?

The cutoff price for Nureca IPO is ₹400.

What is the Nureca IPO Price band?

Nureca IPO Price band is  ₹396 to ₹400.

How to apply for Nureca IPO?

You can apply Nureca IPO in 3 ways:
1. Open a Demat account through a bank or brokerage firm and apply through it.
2. Apply via the ASBA application online through your bank.
3. Fill up the offline IPO form and submit it to the bank or broker.

What is the allotment date for Nureca IPO?

 23 February 2021 is the allotment date for Nureca IPO.

What is the listing date for Nureca IPO?

26 February 2021 is the listing date for Nureca IPO. It will be listed on NSE and BSE.

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