Image Source : NURECA WEBSITE Nureca IPO subscribed 14.77 instances on second day of subscription
The preliminary public provide (IPO) of Nureca Limited, which is into the enterprise of dwelling healthcare and wellness merchandise, was subscribed 14.77 instances on the second day of subscription on Tuesday. The Rs 100 crore-public difficulty obtained bids for two,07,03,200 shares in opposition to 14,01,595 shares on provide, as per information out there with the NSE.
The class meant for non-institutional traders was subscribed 1.48 instances and retail particular person traders (RIIs) 80.32 instances. Price vary for the provide is at Rs 396-400 per share.
Last week, Nureca raised Rs 44.55 crore from two anchor traders. ITI Capital Limited is the supervisor to the provide.
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