Nureca Limited IPO Live Subscription Status and Analyst Reviews

Live subscription status across each investor category and analyst recommendations
Nureca Limited IPO Subscription

Nureca Limited IPO Subscription Status: FINAL

Investor CategoryQuotaSubscription
Institutional (QIB)75%3.10x
Non-Insti. (HNI)15%31.59x
Retail (RII)10%166.65x
Employee4.82x
Total Subscription100%39.93x

Nureca Limited IPO Subscription: End of Day Update

DayDay 1Day 2Day 3
QIB0.00x0.00x3.10x
HNI0.54x1.49x31.59x
Retail31.23x80.22x166.65x
Employee0.91x2.49x4.82x
Total5.73x14.75x39.93x

Nureca Limited IPO: Analyst Recommendations

MoneyWorksforMeAvoid

Nureca is nothing but a trading company with no edge in distribution or branding for now. The sheer size of the company doesn’t give us confidence whether the company has the ability to compete with slightly established players in terms of advertising spends or pricing.

GEPL Capital – Subscribe [ GEPL Report ]

The diversified portfolio range, growth in the home healthcare segment and higher online channel
mix are estimated to drive profitability in the years to come.

Reliance Securities – Subscribe

“IPO is valued at 5.6x annualized earnings report in 1HFY21, which looks to be attractively valued given high asset turnover and return ratio of the company,”

SMC Global – NEUTRAL 2/5 [ SMC Report ] | Choice Broking – Avoid [ Report ]

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Nureca Limited IPO Subscription: Key IPO Details

TypeValue
Issue Size₹100.00 Cr
Issue Open15/02/2020 10:00 AM
Issue Close17/02/2020 05:00 PM
Face Value₹10/- per Equity Share
IPO Price₹396 – ₹400
Lot Size35 shares
LotsMin 1 – Max 14
201820192020 (Mar)2020 (Sep)
Revenue from Ops20.05 Cr61.90 Cr99.43 Cr122.15 Cr
Profit before Tax4.32 Cr8.84 Cr8.61 Cr48.65 Cr
Profit after Tax3.11 Cr6.23 Cr6.40 Cr36.18 Cr
EPS (Basic)4.458.899.1451.69

Industry P/E ratio comparison: There are no listed entities in India that are engaged in a similar line of business or whose business is comparable with that of Nureca’s business

Nureca Limited IPO Subscription – FAQs

1. How to apply for Nureca IPO in Retail Category?

A: An investor in retail category may either apply through the UPI process via DEMAT account or the ASBA process via bank account

2. How to apply for Nureca IPO in HNI Category?

A: An investor can apply in HNI category only through the ASBA process via bank account

3. Where can I find the Red Herring Prospects (RHP) details?

A: You can visit the NSE or SEBI website for these details. Alternately you can click here: RHP

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