Nureca IPO:GMP, Issue Size, Issue price, IMP Dates.

Rate this post

Nureca IPO is a healthcare and wellness products distributor and is all set to make a debut in the stock market with an issue size of 100 Cr.   

Nureca IPO –Overview    

Nureca IPO Issue Date           15-17 Feb 2021          
Nureca IPO Opening Date           15 Feb 2021         
Nureca IPO Face Value           INR 10 per share           
Nureca IPO Price           INR 400 per share          
Nureca IPO Lot Size           35 Shares          
Issue Size           100 Cr          
Offer for sale           100 Cr 
Issue Type           Book built Issue IPO           
Listing At           BSE, NSE.
QIB Shares Offered             3.10 times          
NII (HNI) Shares           31.59 times          
Company Promoters           Saurabh Goyal is the promoter of the company. 

Nureca IPO Limited IPO-Tentative Dates           

Nureca IPO opening date           15 Feb 2021             
Nureca IPO closing date           17 Feb 2021              
Basis of Allotment           23 Feb 2021          
Initiation of Refunds           24 Feb 2021              
The credit of Shares to Demat          24 Feb 2021           
Nureca IPO Listing Date           25 Feb 2021          

Nureca IPO – Industry Overview.          

According to the World Health Organization (WHO), chronic diseases will account for almost three-quarters of all deaths worldwide by 2020 71% of deaths will be due to ischemic heart disease, and 70% of deaths due to diabetes. The stress on the formal healthcare system is high in India and neighboring countries, with low Health care expenditure on one hand, and an increasing burden of chronic diseases, on the other hand, which has led healthcare professionals to recommend a wide variety of technologies in nontechnology to help institutional settings to monitor and manage patients. These monitor patients with acute and chronic medical conditions, but also help with disease prevention and lifestyle choices. 

Nureca IPO is a healthcare and wellness products distributor and is all set to make a debut in the stock market with an issue size of 100 Cr.   

Nureca IPO – Company Overview     

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 and 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 and other online partners i.e., e-commerce players, retailers, and distributors. 

 Nureca IPO -Objectives           

  • To meet the working capital requirements of the business. 
  • To meet general corporate purposes. 

Nureca IPO – Financial Statements          

Particulars          31-Dec-20  31-Mar-20        31-Mar-19        
Total Assets          1,024.88 338.83 235.18 
Total Revenue          1,229.73 994.87 619.83 
Profit After Tax          361.80 63.95 62.26 

Nureca IPO – Strengths          

  • Diversified product portfolio. 
  • Experienced promoter and management team. 
  • Strong online distribution network. 
  • Premium quality healthcare and wellness products. 

Company Contact Information 

Nureca Limited 
128 Gala Number Udyog Bhavan 
1st Floor Sonawala Lane, 
Goregaon (East), Mumbai 
Phone: +91-22-49616173 

Nureca limited IPO Registrar 

Link Intime India Private Ltd 
Phone: +91-22-4918 6270 


Please enter your comment!
Please enter your name here