Nykaa IPO GMP, Grey Market Premium, Kostak Rates & Subject to Sauda Today

About the Company:-

Nykaa IPO GMP, Grey Market Premium, Kostak Rates & Subject to Sauda Today,

FSN E-Commerce Ventures Limited.

The company is a digitally native consumer technology platform, delivering a content-led, lifestyle retail experience to consumers. Since its incorporation in 2012, the company has invested both capital and creative energy towards designing a differentiated journey of brand discovery for its consumers. It has a diverse portfolio of beauty, personal care and fashion products, including its owned brand products manufactured by the company. As a result, it has established itself not only as a lifestyle retail platform, but also as a popular consumer brand.

This IPO to hit the market on 28 October as per the RHP filed. The company to raise Rs 5352 crores via IPO that comprises Rs 630 crore of fresh issue and offer for sale up to 41,972,660 equity shares. The company reported revenue of Rs 2453 crore in 2021 against the revenues of Rs 1778 crores in 2020. The profit is stood at Rs 61.95 crore in 2021 against loss of Rs 16.34 crore in 2020. As per the demand of the women products we will see a high jump in the profit in coming quarters of the company. The IPO price band is fixed at Rs 1125 per equity share. The Nykaa IPO to list on NSE and BSE.

What is Nykaa IPO GMP Today?

The Nykaa IPO GMP (Gray Market Premium) is Rs 550, 02/11/2021.

What is Nykaa IPO Kostak Rates Today?

The Nykaa IPO kostak rate is Rs 600, 02/11/2021.

What is Nykaa IPO Subject to Sauda Price Today?

The Nykaa IPO subject to sauda rates is Rs 5000, 02/11/2021.

Nykaa IPO Expected Returns?

The Nykaa expected return is 40% to 50%, 02/11/2021.

Nykaa – FSN E–Commerce Ventures Limited Company Promoters:-

Falguni Nayar, Sanjay Nayar, Falguni Nayar Family Trust And Sanjay Nayar Family Trust are the company promoters.

Nykaa IPO Details:-

Nykaa IPO Market Lot Size:-

Nykaa IPO minimum market lot is 12 shares with Rs 13,500 application amount (Cut-off). The retail investors can apply up-to 14 lots, 168 shares with Rs 189,000 application amount (Cut-off).

Nykaa IPO Date, Time Table, Allotment, Refund & Listing:-

The Nykaa IPO open date is Oct 28, 2021, and the close date is Nov 1, 2021. The issue may list on Nov 11, 2021.

Objects of the Issue:-

• Nykaa Fashion for funding the set-up of new retail stores.
• Nykaa E-Retail, Nykaa Fashion and FSN Brands for funding the set-up of new warehouses.
• Repayment or prepayment, of outstanding borrowings availed by the company and one of their subsidiaries, namely, Nykaa E-Retail.
• Expenditure for customers by enhancing the visibility and awareness of the brands.
• General corporate purposes.

Competitive Strengths:-

• One of India’s leading specialty beauty and personal care companies.
• Major brands offering their products on Nykaa’s platform for sale.
• Capital efficient business with strong growth and profitability.
• Company’s advanced technology platform.
• Founder-led company with an experienced management team.

Company Financials:-

Nykaa IPO Promoter Holding:-

Pre Issue Share Holding 54.22%

Post Issue Share Holding 52.56%

Registrar for this IPO:-

Link Intime India Private Ltd is the registrar for the IPO.

LINK INTIME IPO Allotment Status

DRHP Draft Prospectus:-

Click Here DRHP Draft Prospectus