Nureca’s initial public providing (IPO), which received practically 40 instances subscription, will finalise the basis of share allotment on Tuesday, February 23, 2021. The Rs one hundred-crore public problem was sold in the value band of Rs 396-400 apiece. Last week, Nureca shares have been observed trading with a grey market place premium of Rs one hundred-115 more than IPO value. But, it fell to Rs 50-55 on Monday as Indian share markets have been trading in the red due to increasing bond yields and COVID-19 instances. Both BSE Sensex and Nifty 50 have been ruling at levels final observed on February 4, 2021, erasing most of the gains produced in the post Union Budget rally.
Nureca shares have been observed trading at Rs 455, implying a premium of 14 per cent in the grey market place on Monday. Those who had placed bids for the Nureca problem can verify the subscription status on the registrar’s web page, i.e. from Link Intime India and from BSE web page. The public problem had received bids for 5.59 crore shares against 14.01 lakh shares on supply, according to information accessible with the NSE. The category meant for certified institutional purchasers (QIBs) was subscribed 3.10 instances, non-institutional investors 31.59 instances and retail person investors (RIIs) 166.65 instances.
How to verify Nureca Ltd share allotment status by way of Link Intime India’s web page
The registrar to the Nureca problem is Link Intime India, a SEBI-registered entity accountable for the IPO allotment and refund processing. To verify the share allotment status, pick the firm name as ‘Nureca Ltd — IPO’ from the drop-down list on Link Intime India web page. Check box either PAN, Application Number or Depository/Client ID. Accordingly, enter permanent account quantity or Application Number or Depository/Client ID in the box. Enter the provided captcha in the supplied space and click the submit button.
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Check Nureca share allotment status by way of BSE web page
Another way to verify the allotment status in Nureca Ltd is by means of BSE web page (https://www.bseindia.com/investors/appli_check.aspx). Select the problem form as ‘equity’, and the problem name as ‘Nureca Ltd’ from the drop-down list. After that enter application quantity and PAN (permanent account quantity). In the final step, click on the search tab to view the status facts.