Skip to content

Nykaa IPO: Key Points To Note For Their IPO Releasing On October 28

nykaa ipo
Reading Time: 2 minutes

FSN Shopping ventures Nykaa IPO will be released on Thursday. This company, which runs on the internet in the sector of health and beauty items is planning to release the share sale for Rs 1,085 – 1,125 per share. The company’s public membership would open from Thursday, October 28, and could end on Monday, November 1.

Even though the company has got the validation from both the Indian market regulatory authority safety and securities and also the Exchange Board of India’s (Sebi) on October 11, they delayed the release of their IPO to October 28.

Also Read – 7 Stock Investments To Increase Your Benefits: Trading Guide For Today

Nykaa IPO Information 

  1. This is a three-day share sale that starts on October 28 and ends on November 1.
  2. According to the information in the Red Herring Program (RHP), the preliminary share sale has equity shares worth 630 crores and also a selling (OFS) of shares worth 4.19 crore by marketers and existing investors.
  3. The marketers of the business are Falguni Nayar, Sanjay Nayar, Sanjay Nayar Family Trust, and also Falguni Nayar Family Trust.
  4. This company was started by Falguni Nayar, a financial investment lender, in 2012. At present, this is a leading multi-brand beauty and wellness brand in India. The company has a great influence in the lifestyle area.
  5. The company is preparing to use the IPO earnings for its growth. It is planning to establish brand new stores and also to expand its stockrooms. In addition to this, it is planning to decrease its financial debt, thus reducing the interest expenses, as well as providing a boost to the company’s financial success.
  6. Its investors consist of TPG Development IV SF Pte Ltd, Lighthouse India Fund III Limited, and Lighthouse India III Worker Family Trust.
  7. The company has reported a web revenue of 619 crores for the financial year of 2021. This is a huge success and a relief for the company, taking into consideration their previous loss of 16 crores for the financial year of 2020.
  8. The profits have increased from 1,768 crores to 2,441 crores.
  9. It had a sharp increase in the number of mobile application downloads to about 43.7 million, and also 86.7% of the sales came from mobile applications.
  10. The seller and lenders of this firm are Kotak Mahindra Resources Firm, Morgan Stanley India Firm, BofA Stocks India, Citigroup Global Markets India, JM Financial, and also ICICI Stocks.
  11. The company is preparing to list on the coming month of November 11, on both of the leading stock exchanges BSE as well as NSE.  

Also Read – Planning To Invest? Here Are The Most Utilized Stocks To Pay Attention To

The owner of UnlistedArena, Abhay Doshi stated that “As the countdown of Nykaa IPO starts, the market looks enthusiastic for the business, as unlike the money burning and loss-making start-ups, Nykaa is a lucrative one. With approx. 8% penetration, beauty and personal care segment in E-commerce category are one of the most underpenetrated segment compared to matured e-tailing categories providing huge scope for start-ups like Nykaa.” 

Also Read – The Hit IEX Shares And The Reason For Its Success

Considering his words, it is quite understandable that the market derivatives are supporting the start-ups. Hence there are chances that the Nykaa IPO would be a major success.

For more related information, visit Finance – Trending Reader

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Facts About Delhi Metro Places To Visit In Winters In India Unknown Facts About Dharmendra Realme 10 Pro 5G Series- Specifications and Price Tata Tigor EV List of Foods For Diabetics Hero Vida V1 Records of Virat Kohli Ola S1 Air Best Tablets For Students