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Reasons for going public and objective of the IPO. The company is launching the IPO to raise funds. With the proceeds from the IPO, Nykaa will spend: ₹35 crore to set-up new retail stores for some of its units ₹35 crore to set up new warehousing ₹200 crore for marketing of its brand ₹130 crore for repayment of its loans
Oct 25, 2021 · It is the third-largest IPO, so far in 2021, after Zomato and Sona Comstar. The price band is Rs 1,085-1,125 per equity share. Nykaa shares traded at Rs 1,775-1,805 in the grey market, at a ...
Oct 28, 2021 · New Delhi: The 5,352 crore IPO of FSN E-commerce Ventures, which owns Nykaa, opened on Thursday. The TPG-backed startup's initial stake sale is a mix of a fresh issue and an offer for sale (OFS). Majority of brokerages are positive on the IPO and have given it a subscribe rating. However, Marwadi Shares and Finance has a word of caution for ...
Oct 26, 2021 · When will FSN E-commerce Ventures or Nykaa IPO open for subscription? FSN E-commerce Ventures' IPO will open for subscription on Thursday, October 28, and will close on Monday, November 1. What is the price band of FSN E-commerce Ventures IPO? The price band of FSN E-commerce Ventures IPO has been fixed at Rs 1,085-1,125.
Nov 1, 2021 · Fill in the required details. Fill in the quantity of the number of shares you want to buy. To apply at maximum price, check the cut-off price box and amount is auto calculated. If you want to apply at some other price within the price band, then you can enter the price manually by clicking on “Add bid” option.
Oct 22, 2021 · Nykaa IPO comprises a fresh issue of equity shares worth ₹630 crore and OFS of 4.19 crore shares by promoters and existing shareholders Premium An employee demonstrates the Nykaa app at one of ...
Oct 28, 2021 · NYKAA IPO GMP, OTHER KEY DETAILS. Nykaa shares continue to trade strongly on the grey market at a premium (GMP) of over Rs 600. This indicates that the company’s shares are going to list on the stock market at least Rs 600 above the issue price on November 11. However, the GMP is likely to change depending on demand as the listing day approaches.
