Home healthcare and wellness brand Nureca will finalise the share allotment of its Rs 100-crore initial public offer (IPO) on Tuesday. The IPO, which was open for bidding for three days from February 15 to February 17, was subscribed 39.92 times.
The healthcare and wellness products companycompany plans to raise Rs 100 crore from the IPO. The proceeds from the public issue will be used by the company for funding incremental working capital requirements and general corporate purposes. Here is all you need to know:
Nureca IPO kicks off today: Check price band, issue size & other details; should you subscribe?
The company has reserved shares worth Rs 1 crore for its employees. The eligible employees will get shares at a discount of Rs 20 per share
BusinessToday.In | February 15, 2021 | Updated 12:01 IST
The company has already garnered Rs 44.55 crore from two anchor investors on February 12. Equity shares will be listed on BSE and NSE
The sixth initial public offering in the calendar 2021- Nureca IPO opens for subscription on February 15 and will close on February 17.
The company plans to raise Rs 100 crore via public issue. The price band for the public issue has been fixed at Rs 396-400 per equity share at face value of Rs 10 each. Investors can bid for a minimum of 35 equity shares and in multiples of 35 shares thereafter and up to 14 lots.