Image Source : NURECA WEBSITE Nureca IPO subscribed 5.73 instances on first day
The preliminary public providing (IPO) of Nureca Ltd, which is into the enterprise of dwelling healthcare and wellness merchandise, was subscribed 5.73 instances on the primary day of subscription on Monday.
The Rs 100 crore-public situation acquired bids for 80,33,305 shares in opposition to 14,01,595 shares on provide, as per knowledge out there with the NSE.
The non-institutional buyers class was subscribed 54 per cent and people for Retail Individual Investors (RIIs) was subscribed 31.22 instances.
Price vary for the provide is Rs 396-400 per share. Last week, Nureca raised Rs 44.55 crore from two anchor buyers.
ITI Capital is the supervisor to the provide. Shares of the corporate are proposed to be listed on the NSE and BSE.
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