Business Standard

Nureca Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

100.00 cr

Price Range (₹)

400

Lot Size

35

Min Investment (₹)

14,000.00

Listing Exchange

MumbaiNSE

Open Date

15-Feb-2021

Close Date

17-Feb-2021

Listing Date

25-Feb-2021

Nureca Ltd News

    The Shares of Nureca Ltd have now been listed.

    Nureca Ltd IPO Details

    Initial Public Offering of 25,00,175 equity shares of face value Rs. 10 each (equity shares) of the company for cash at a price of Rs. 400 per equity share (including a share premium of Rs. 390 per equity share) (Issue Price), Aggregating Rs. 100.00 Crores (Issue). The issue includes a reservation of 26,315 equity shares aggregating to Rs. 1 crores for purchase by Eligible Employees (The Employee Reservation Portion). The issue less the employee reservation portion is hereinafter referred to as the Net Issue. The Issue and the net issue constitutes 25.00% and 24.74%, Respectively of the post-issue paid-up equity share capital of the company.Issue Price : Rs. 400 per Equity Share of face value of Rs. 10 each.

    Objective of issue

    Funding incremental working capital requirements of the company. General corporate purposes.

    Nureca Ltd Contact Details

    Nureca Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - cs@nureca.com

    Website - www.nureca.com