Business

Nureca is engaged in business of home healthcare and wellness productsNureca's Rs 100 crore will open for membership on February 15, 2021.

The shares of Nureca, which owns the Dr Trust brand name, will be sold in the rate band of Rs 396-400 each.

The public offer will close on February 17, 2021.

The shares are likely to be noted on BSE and NSE.Investors can bid for a minimum one great deal of 35 equity shares and in multiples thereafter, as much as 14 lots.

A total of up to 75 per cent of the problem will be reserved for certified institutional buyers (QIB), as much as 10 per cent for retail financiers and staying 15 percent for the non-institutional category.

Shares worth Rs 50 lakh will be scheduled for eligible workers and these will be used at a discount rate of Rs 20 per share.The profits of the concern will be used for moneying the company's incremental working capital requirements and for general business purposes.ITI Capital Ltd is the sole book running lead manager and Link Intime India Private is the registrar to the issue.Nureca is participated in the business of house health care and wellness items.

It sells its products through its own site along with online channel partners such as e-commerce players, distributors and retailers.





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