If you are here because you wish to know the process of “how to apply Nureca Limited IPO”, then you are definitely at the right place.
Today, in this document we will be covering three different ways to apply for Nureca IPO in simple and quick steps.
Before understanding how to apply for this IPO, you must know its important dates such as starting and ending so that you bid on time.
Nureca Limited IPO processis starting on 15 February 2021 and will last for two days till 17 February 2021.
The price per equity sharein this IPO is estimated to be around Rs. 396 to Rs. 400. Hence, an investor has to make a minimum investment ranging from Rs. 13860 to Rs. 14000 only; which is quite affordable!
Apart from this, you must also be familiar with other crucial details such as its objectives, promoters, financial reports, pros, cons, etc., and have gone through a complete Nureca Limited IPO Review.
So, if you have this information, let’s quickly get started with the registration process.
Nureca IPO Apply Online Process
As said earlier, there are two different ways to proceed with the Nureca IPO apply online process and these ways are listed as below-
ASBA (Application Supported by Blocked Amount)
Now, let’s discuss each of the above in a detailed way!
Apply for Nureca Limited IPO through ASBA
One of the most convenient and secure ways to apply for an IPO is through the ASBA process through which your bank register and pays the cost related to the desired IPO on your behalf. Till the allotment status, the amount remains blocked in your account.
And once the bid is allotted to you, the money instantly gets deducted from your bank. In case, unfortunately, the sharesare not allotted to you, the amount will be unblocked from your registered bank account and you can use it as per your requirement.
There are more than 68 bank accounts that can help you in applying for ASBA and some of these banks include State Bank of India (SBI), ICICI Bank, Canara Bank, Bank of India, Allahabad Bank, Punjab National Bank (PNB), HDFC Bank, Axis Bank, and many more!
Their complete list is available on the SEBIofficial website and to view your bank in the list, get the list here.
ASBA process can be performed in two different ways:
The offline method is the traditional way to connect with a bank i.e. visiting their branch directly. If you opt for this method to apply for Nureca Limited IPO, then you will be required to fill an ASBA form which will include the following:
Name of the IPO
The desired bid size/lot size
Demat account number
Registered Bank account number
After you have filled and signed the form, the respective amount will be instantly blocked from your account.
The online method is completely different from the offline one. Here you are not required to physically visit the branch, rather you perform all the complex work through the internet. All you need is to visit your registered bank account’s net banking platform.
Here, either in the “menu” or in the subcategory of “forms”, you can search for the “request” button.
Now, in the new window, you can view the IPO or ASBA segment.
Click on the same and enter the required bid price, bid lot, and other important details.
You must remember that no more than 3 bids can be placed at a time.
Once you have entered the details, the amount will be blocked from your registered bank account.
This whole process is quick and simple but while bidding, make sure that you have a demat account.
In case you do not have a demat account, then simply fill the registration box given below by entering your name and mobile number.
Also, you must make sure that unlike the ASBA process where the minimum investment against an IPO was Rs. 2 lakh, in the UPI gateway the maximum investment is Rs. 2 lakh.
So, investment of more than 2 lakh in a single IPO is not approved by the stockbroker.
So, that was all about the processes to apply for this IO or any other. Let’s close the article with a few final words.
Hence, with this article, you don’t have to break out in a sweat for finding a safe and secure way on how to apply Nureca Limited IPO. Both the processes- ASBA and UPI mentioned above are convenient and straightforward.
Through these methods, you can simply apply for the Nureca Limited IPO through your smartphones or even visit the local nearest Branch. We bet it’s not that hard.
Besides this, before applying for this IPO make sure that you have complete information in regards to this and you are well aware of the company’s growth and earnings.
And, most importantly, if you are looking to apply for this IPO without a demat account then it’s gonna be unfruitful to you as a demat account is a must while investing in stocks, IPO, equities, or any other securities.
Wishing you a stroke of good luck with your Nureca Limited IPO bidding!
Know the procedures and begin to invest in IPO! Just look into the form below