How to check the allotment status of Nureca IPO on Link Intime India Private Ltd's website? 

Follow the below-mentioned steps to check the allotment status of the IPO on the registrar's website. 

  1. Go to the registrar Link Intime India Private Ltd's website by clicking on  links. LINK INTIME
  2. Investors need to select either PAN, Application Number or DP Client ID. 
  3. Select the name of the company i.e Nureca IPO Ltd and then enter either PAN, Application number or DP. 
  4. After entering the required details click on the search button to know if the shares have been allotted to you or not 

How to check the allotment status on the BSE website 

  1. Go to the BSE website by clicking on the link  BSE INDIA
  2. On the website, select Equity and then from the dropdown select the Issue Name (Nureca Limited).
  3. You then need to enter the application number and PAN number
  4. Finally, click on the search button to know the application status 

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:

Summary of financial Information (Restated Consolidated)

Particulars

For the year/period ended (₹ in million)

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.

Nureca limited IPO Details

IPO Opening Date

Feb 15, 2021

IPO Closing Date

Feb 17, 2021

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

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 Discount

20

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 Date

Feb 15, 2021

IPO Close Date

Feb 17, 2021

Basis of Allotment Date

Feb 23, 2021

Initiation of Refunds

Feb 24, 2021

Credit of Shares to Demat Account

Feb 25, 2021

IPO Listing Date

Feb 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).

Application

Lots

Shares

Amount (Cut-off)

Minimum

1

35

₹14,000

Maximum

14

490

₹196,000

Nureca limited IPO Promoter Holding

Pre Issue Share Holding

93.33%

Post Issue Share Holding

70%

Nureca limited IPO Subscription Status (Bidding Detail)

The Nureca limited IPO is subscribed 39.93x times on Feb 17, 2021 05:00. The public issue subscribed 166.65x in the retail category, 3.10x in the QIB category, and 31.59x in the NII category. Check Day by Day Subscription Details (Live Status)

Category

IPO Subscription

QIB ?

3.10x

NII ?

31.59x

RII ?

166.65x

Employee ?

4.82x

Total ?

39.93x