Below are Views on Nureca Ltd IPO coming on 15th Feb By Mr. Yash Gupta - Equity Research Associate, Angel Broking Ltd
“Nureca limited is a B2C company engaged in the business of home healthcare and wellness products. The company enables their customers with tools to help them monitor chronic ailments and other diseases, to improve their lifestyle.
Nureca is a digital first company wherein they sell their products through online channel partners such as e-commerce players, distributors and retailers. Further, they also sell their products through their own website drtrust.in. Nureca classifies their products portfolio under the 5 categories such as Chronic Device Products, Orthopedic Products, Mother and Child Products, Nutrition Supplements and Lifestyle Products.
IPO to open on 15th feb 2021 with a price band of ₹396-₹400 and bid quantity of 35 shares. We have a positive outlook for the IPO.”
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