Incorporated in 2016, Nureca is engaged in the business of home healthcare and wellness products. The company has most of the product lines supporting the home health market in India and has a diversified product portfolio, which primarily caters to the home healthcare sector offering products such as Chronic Device Products, Orthopedic Products, Mother and Child Products, Nutrition Supplements and Lifestyle Products through its brands Dr. Trust, Dr. Physio, and Trumom.
| Financial Year Ended (in ₹ million) | Revenue | Profit After Tax | EBITDA |
|---|---|---|---|
| March 2018 | 200.69 | 31.12 | 43.93 |
| March 2019 | 619.83 | 62.26 | 91.42 |
| March 2020 | 994.87 | 63.95 | 97.55 |
| For six months ended September 30, 2020 | 1,229.73 | 361.80 | 500.06 |
The size of the public issue is expected to be around Rs. 100 crores which includes a fresh issue of equity shares. For more information, you can read the IPO Prospectus filed by the company.
Indicative Timetable
| Event | Date |
|---|---|
| Issue Period | 15th February 2021 - 17th February 2021 |
| Price Range | 396 - 400 |
| Minimum Bid Quantity | 35 and in multiples thereof |
| Finalisation of Allotment | 23rd February 2021 |
| Initiation of Refunds | 24th February 2021 |
| Listing | 25th February 2021 |
How do I apply to the Nureca IPO?
You can apply for the Nureca IPO using any supported UPI app by following two steps:
- Enter your bid on Console
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click hereto learn more.
