Everything You Need to Know About Nureca IPO

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.

1 Like

Nureca listing date is 25 feb @ShubhS9

Looks like early listing :slightly_smiling_face:

Is it good to hold for long term? Pls advice