Nureca IPO was open for subscription between February 15 and 17. The allotment will be finalised around February 23. The price band for the IPO was Rs 396-400 and the minimum lot was 35 shares.
Read more on Groww: Nureca Limited IPO
The Nureca IPO was subscribed 39.93 times on day 3 of bidding. The issue received bids for 5.59 crore shares against an offer size of 14.01 lakh shares.
Read more on Groww: Nureca Ltd IPO Latest News and Subscription Status Today [ Live]
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Check Allotment Status
Here’s how you can check the allotment status next week:
There are three primary ways to check the status:
Check Allotment Status on Groww
Once the allotment status is finalised, you can check your status on Groww, if you had applied for this IPO on our platform. Here are the steps:-
Step 1: Open the Groww App, scroll down the homepage to see the ‘IPOs’ section.
Step 2: Click on IPOs. On the next page click on the ‘Status’ tab next to Nureca IPO (or any other IPO you had applied for). The status tab will not be visible if you have not applied for the IPO.
Step 3: If you have received the allotment in the IPO, ‘Allotted’ will be written next to your application number. Or else, the status will show as ‘Rejected’. It will show as ‘Approved’ till the allotment is finalised.
Check Allotment Status on Registrar website
The registrar for the IPO is Link Intime India Private Limited and the shares are proposed to be listed on the BSE and NSE.
After you land on the website’s homepage, click on public issues. You will see a drop-down that says ‘Select Company’.
- From the drop-down menu, select ‘Nureca’.
- For identification, you can give your PAN number, application number DP/client ID, account number/IFSC code.
Check Allotment Status on BSE/NSE
You can also check the allotment status on the Bombay Stock Exchange’s
After you click on the link, you will have to feed in your application number and PAN number to check your allotment status.
You can also check on NSE by doing a one-time registration.
FAQs on Nureca IPO Allotment
1. How do I know if I have received Nureca Allotment or not?
We have discussed the steps to know about Nureca allotment.
2. What happens to the IPO amount in my bank account?
After applying for an IPO, the required amount is blocked for use from your account. Hence the money is still showing in your balance but is blocked for use.
3. How are the Nureca shares being allotted?
If Nureca IPO is oversubscribed, the shares will be distributed proportionately among investors so that each investor gets a minimum of one lot. This is done on a lottery basis, so there cannot be a guarantee that you will get the shares. It is possible that few investors do not get any shares at all, in case of over-subscription.
4. Will my money come back if I don’t get Nureca IPO allotment?
If you don’t get the allotment in Nureca IPO, the amount will be unblocked, and you will be able to use the amount in your bank account.
5. When will Nureca IPO get listed?
Nureca shares will get listed on BSE and NSE on February 25, 2021.
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