Nureca IPO Launch Updates: The IPO market is witnessing a stir in the days. New IPOs are being launched one after another in the year 2021. If the IPO still fails to invest in the market, then next week a new investment option is opening up. Nureca Limited’s 100 crore IPO is being launched on 15 February. This IPO will be open for investment from 15 February to 17 February. The price band for this has been fixed at Rs 396-400 per share. This stock will be listed on both BSE and NSE indices.
Price band lot size
The company has kept the price band per share at Rs 396-400 at a face value of Rs 10. Lot size of 35 shares has been kept in the IPO. That is, it is necessary to invest at least Rs 14000 in an IPO. After this one can invest in its multiplier.
About the company
Nureca Limited is a healthcare and wellness product distributor. The company’s objective is to provide customers with the best quality, durable and innovative tools so that their lifestyle can be improved. The company has a well-diversified product portfolio, which includes chronic disease products, orthopaedics products, mother and child products, nutritional supplements and lifestyle products.
Company Financial
The company’s total assets stood at Rs 102.48 crore for the quarter ended 30 September 2020. At the same time, total revenue was Rs 122.97 crore. The profit after tax was Rs 36.18 crore.
Earning opportunity for LIC insured! Reservation to be up to 10% of issue size in IPO
