Nureca Limited IPO Full Details

Incorporated in 2016, Nureca Limited is a healthcare and wellness products distributor. The company aims to offer the best quality, durable, and innovative tools to customers to monitor chronic diseases to improve their lifestyle.

The firm has a well-diversified product portfolio including Chronic Device Products, Orthopedic products, Mother and Child products, Nutrition Supplements, and Lifestyle products to meet the Indian healthcare market requirements. It is the first digital company to sell such products through its website and other online partners i.e. e-commerce players, retailers, and distributors.

Competitive strengths

  • Diversified product portfolio.
  • Experienced promoter and management team.
  • Strong online distribution network.
  • Premium quality healthcare and wellness products.

Company Promoters:

Saurabh Goyal is the promoter of the company.

Company Financials:

Summary of financial Information (Restated Consolidated)
ParticularsFor the year/period ended (₹ in million)
Total Assets1,024.88338.83235.1870.19
Total Revenue1,229.73994.87619.83200.69
Profit After Tax361.8063.9562.2631.12

Objects of the Issue:

The IPO proceed will be utilized towards following purposes:

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

Nureca limited IPO Details

IPO Opening DateFeb 15, 2021
IPO Closing DateFeb 17, 2021
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹396 to ₹400 per equity share
Market Lot35 Shares
Min Order Quantity35 Shares
Listing AtBSE, NSE
Issue Size[.] Eq Shares of ₹10
(aggregating up to ₹100.00 Cr)
Fresh Issue[.] Eq Shares of ₹10
(aggregating up to ₹100.00 Cr)
Employee Discount20

Nureca limited IPO Tentative Timetable

The Nureca limited IPO open date is Feb 15, 2021, and the close date is Feb 17, 2021. The issue may list on Feb 26, 2021.

IPO Open DateFeb 15, 2021
IPO Close DateFeb 17, 2021
Basis of Allotment DateFeb 23, 2021
Initiation of RefundsFeb 24, 2021
Credit of Shares to Demat AccountFeb 25, 2021
IPO Listing DateFeb 26, 2021

Nureca limited IPO Lot Size

The Nureca limited IPO market lot size is 35 shares. A retail-individual investor can apply for up to 14 lots (490 shares or ₹196,000).

ApplicationLotsSharesAmount (Cut-off)

Nureca limited IPO Promoter Holding

Pre Issue Share Holding93.33%
Post Issue Share Holding70%

Nureca limited IPO Prospectus

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