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Nykaa IPO opening today: Issue price and other details

According to the draft papers, the company plans to use the proceeds from the IPO for expansion, by setting up new retail stores and establishing new warehouses.

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Nykaa IPO Fully Subscribed On Day 1

Nykaa IPO Fully Subscribed On Day 1
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Nykaa IPO: Retail portion fully oversubscribed in the first hour

Nykaa IPO: Retail portion fully oversubscribed in the first hour

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Nykaa IPO: Retail Investors Portion Fully Subscribe In The First Hour

The overall subscription stood at 23%, with 60,11,808 shares being bid out of the total allocation of 2,64,85,479 shares.

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Nykaa IPO Gets Robust Response Retail Investors, Offer Oversubscribed

Retail investors subscribed the portion allocated to them 3.5 times. They bid for 1,66,33,956 shares against the allocated 47,53,187 shares.

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