Nureca Limited IPO

Nureca Limited IPO

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 drtust.in 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

Particulars For the year/period ended (? in Million)
Summary of financial Information (Restated) 30-Sept-  20 31-Mar-20 31-Mar-19 31-Mar- 18
Total Assets  1,024.88  338.83  235.18  70.19
Total Revenue  1,229.73  994.87  619.83  200.69
Profit After Tax  361.80  63.95  62.26  31.12


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.

(Read Detailed Report)


Issue Details


ISSUE OPENS
Monday, February 15, 2021

ISSUE CLOSES
Wednesday, February 17, 2021

ISSUE PRICE
Rs 396 - Rs 400 Per Equity Share.

BID LOT
35 Equity shares & multiple of 35 Equity shares thereafter.

IPO SIZE
Rs. 100 Cr

LISTING EXCHANGES
NSE & BSE

ALLOTMENT DATE
Tentatively Tuesday, February 23, 2021

RATIO
QIB 75% - Retail 10% - NIB 15%

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