TPG Growth, Steadview Capital, Fidelity, and Hero Group chairman Sunil Kant
Munjal are some of the investors in Nykaa. The company has appointed investment banks such as Kotak Mahindra Capital, Citibank, ICICI Securities, Morgan Stanley, and Bank of America to manage its public issue.
On July 16, the company changed its status from a private company to public by changing the name from FSN e-commerce Ventures Private Limited to FSN e-commerce Ventures Limited.
Nykaa would be the fourth startup to file its DRHP after Zomato, Paytm, and MobiKwik Systems. Paytm has filed DRHP for an IPO to raise Rs 16,600 crore and Mobikwik has filed for a Rs 1,900-crore IPO this month.
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ETMarkets Morning Podcast (ETMarkets.com)
04:56 Min | July 22, 2021, 9:05 AM IST
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Transcript
Hi there, Good Morning. Welcome to ETMarkets Morning podcast, the show about money, business and markets. I am Sabari Saran. Let s start with the headlines first
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Cryptocurrencies rally as Musk says Tesla may accept Bitcoin again
IT gains more clout in Nifty pack
Brokerages sound caution over Bajaj Finance asset quality