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.
Nureca limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹396 to ₹400 per equity share |
| Market Lot | 35 Shares |
| Min Order Quantity | 35 Shares |
| Listing At | BSE, NSE |
| BSE Script Code | 543264 |
| NSE Symbol | NURECA |
| ISIN | INE0DSF01015 |
| Issue Size | Aggregating up to ₹100.00 Cr |
| Fresh Issue | Aggregating up to ₹100.00 Cr |
IPO TIME TABLE
| PARTICULAR | DATE |
| IPO Open Date | 15-Feb-21 |
| IPO Close Date | 17-Feb-21 |
| Basis of Allotment Date | 23-Feb-21 |
| IPO Listing Date | 25-Feb-21 |
Nureca limited IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 35 | ₹14,000 |
| Maximum | 14 | 490 | ₹196,000 |
Company Financials:
| PARTICULAR | 30-Sep-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 | 361.8 | 63.95 | 62.26 | 31.12 |
Company Promoters:
Saurabh Goyal is the promoter of the company.
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.
REGISTRAR & COMPANY DETAILS
| Company Contact Information | Nureca limited IPO Registrar |
| Nureca Limited 128 Gala Number Udyog Bhavan 1st Floor Sonawala Lane, Goregaon (East), Mumbai Phone: +91-22-49616173 Email: cs@nureca.com Website: http://www.nureca.com/ | Link Intime India Private Ltd Link Intime India Private Ltd C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai – 400083 Phone: +91-22-4918 6270 Email: nureca.ipo@linkintime.co.in Website: http://www.linkintime.co.in |
