Nureca Limited, a fast-growing B2C company indulges in the business of home healthcare and wellness products. It offers quality, durability, functionality, usability, and innovative designs to the customers. Nureca is a digital-first company that sells its products through online channel partners such as e-commerce players, distributors, and retailers. It also sells products through its own website. Nureca Limited IPO is set to open for subscription after it received the approval of the capital market regulator Securities Exchange Board of India (SEBI) to raise Rs. 100 crore through IPO.
Nureca Limited IPO Details
|IPO Opening Date||Feb 15, 2021|
|Closing Date||Feb 17, 2021|
|Issue Size||Rs. 100 crore|
|Fresh Issue||Rs. 100 crore|
|Face Value||Rs. 10 /equity|
|IPO Price||Rs. 396 to Rs. 400/equity share|
|Market Lot||35 Shares|
|Min Order Quantity||35 Shares|
|Listing At||BSE, NSE|
Nureca Limited filled its preliminary papers with SEBI in November, and obtained its observations on January 11. An update with the capital markets regulator showed. For launching public issues like IPO, FPO, and rights issues, A company must need SEBI’s observation.
FAQs – Nureca Limited IPO
1. What is the Nureca Limited IPO?
Ans. It is the main board IPO for the issue of equity shares having a face value of Rs. 10 totaling up to 100 crore.
2. The Opening and Closing dates of the Nureca Limited IPO?
Ans. The Initial Public Offering of Nureca opens on feb15, 2021, and closes on February 17, 2021.
3. What are the allotment and listing dates of the IPO?
Ans. Allotment will be finalized by February 23, 2021. Therefore, the shares are expected to be credited to investors’ accounts by February 25, 2021.
4. Minimum order quantity and Lot size of Nureca IPO?
Ans. The lot size of the Nureca IPO is 35 shares and the minimum order quantity is 35 shares.