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:
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|
|Discount:||₹100 for Employees|
|DRHP Draft Prospectus:|| Click Here
|RHP Draft Prospectus:||Click Here|
- The founder of the company is leading from the front with an experienced management team.
- Nykaa has strong fundamentals that’s why major brands offer their products on Nykaa’s platform for sale.
- Capital efficient business with strong growth and profitability.
Nykaa company Financials
|30 June 2021||30 June 2020||31 march 2021|
|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