Nykaa IPO GMP Latest | FSN E Commerce IPO Gray Market Price

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Nykaa IPO
Nykaa IPO

Nykaa (FSN E Commerce) is listing on the 28th of October 2021. Most of the IPO’s are oversubscribing these days and people are investing for the listing gains and few are holding for the long term.

Nykaa IPO GMP Price List:

Date GMP
Kostak Subject to
25 October ₹660 ₹750 ₹6500
24 October ₹650 ₹750 ₹7000
23 October ₹670 ₹650 ₹6500
22 October ₹670 ₹650 ₹6500
21 October ₹670 ₹700 ₹7000
20 October ₹680 ₹700 ₹7000
19 October ₹680 ₹700 ₹7000
18 October ₹650 ₹700 ₹7000
17 October ₹650 ₹700 ₹7000
16 October ₹650 ₹550 ₹5000
15 October ₹650 ₹550 ₹5000

 

Nykaa IPO Date & Price Band

 IPO Open:  28 October 2021
 IPO Close:  01 November 2021
 IPO Size:  Approx ₹5352 Crores
 Fresh Issue:  Approx ₹630 Crores
 Offer for Sale:  Approx 41,972,660 Equity Shares
 Face Value:  ₹1 Per Equity Share
 Price Band:  ₹1085 to ₹1125 Per Share
 Listing on:  BSE & NSE
 Retail Quota:  10%
 QIB Quota:  75%
 NII Quota:  15%
 Discount:  ₹100 for Employees
 DRHP Draft Prospectus:  Click Here
 RHP Draft Prospectus:  Click Here

 

Nykaa fundamentals

  1. The founder of the company is leading from the front with an experienced management team.
  2. Nykaa has strong fundamentals that’s why major brands offer their products on Nykaa’s platform for sale.
  3. Capital efficient business with strong growth and profitability.

Nykaa company Financials

  30 June 2021 30 June 2020 31 march 2021
Total Assets 16314.80 10071.84 13019.9
Total Revenue 8212.14 2910.46 24526.3
Profit after Tax 35.22 545.07 619.45

 

Nykaa IPO Review

I suggest you wait for the listing of Nykaa stock. then you can decide you should invest or not. I think this will good investment for long-term Investment. As we know company operates under 2 major verticals Nykaa and Nykaa fashion. so if the company do well in business then we also get a good return.

Also Read: FSN E-Commerce Ventures Nykaa IPO Details

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