Nykaa IPO: On Thursday, retail individual investors showed huge interest as the portion reserved for them was subscribed 3.50 times- the highest among the three groups of investors.
Nykaa IPO: E-commerce beauty giant Nykaa will open its initial public offering (IPO) to subscribers on Thursday. The company aims to raise around Rs 5,352 crore through its public issue.
The firm operated by FSN E-Commerce Ventures aims to raise Rs 5,350 crore through the share sale. Nykaa has fixed a price band of Rs 1,085-1,125 per share for the IPO that will close on November 1.
The initial public offer (IPO) of e-commerce beauty giant Nykaa - the country's first woman-led unicorn, opens for subscription tomorrow, October 28. FSN E-Commerce Ventures operates Nykaa and Nykaa Fashion - the two major verticals of the company. The consumer technology platform consists of a diverse portfolio of beauty, personal care, and fashion products - including its own brand of products manufactured by itself.