Nykaa IPO Details with Share Price Range and Issue Size | Motilal Oswal
Nykaa IPO Details with Share Price Range and Issue Size | Motilal Oswal

Nykaa IPO

Opening Date

28th October 2021

Closing Date

1st November 2021

Face Value

Rs 1 per equity share

IPO Price Band 

Rs 1125 (expected)

Minimum Order Quantity

To be announced

Issue Size 

Rs 5200

 

With the market rebounding well, a positive market environment and the Sensex marching to new record highs, October is likely to be a busy month for upcoming IPOs. India’s first women led profitable unicorn Nykaa is looking at being listed in the Indian stock market this month.

  • About the company

Nykaa is an Indian, multi beauty care e-commerce company, founded by Falguni Nayar in 2012 and headquartered in Mumbai. It specializes in facilitating an extensive collection of beauty, wellness and fashion products and other luxury and wellness products across websites, mobile apps and offline stores.

It is the preferred destination for luxury products in India for consumers and brands. Nykaa is combination of strong growth and profitability. It’s a founder led company supported by professional management team. The company’s total assets as on 2020 are at Rs.1778 crores and profits at Rs.2453 crores in 2021.

  • Nykaa IPO date

Nykaa is set to go live with its IPO starting from October 28, 2021 and will be open for subscription till November 1, 2021 .

  • Nykaa IPO issue size  

Nykaa IPO issue size is stated to be around Rs 5351.92, which shall include a primary issue of stock worth as much as Rs 630 crore, and an offer for sale wherein existing shareholders will offload up to 43.11 million shares.

  • Nykaa IPO share price

The share price of Nykaa IPO is expected to be around Rs 1125 per share.

  • Nykaa IPO listing

Since the IPO of Nykaa is from the main board, it would be listed on both the National Stock Exchange as well as the Bombay Stock Exchange.

  • Nykaa IPO objectives

The objective is fulfilment of general corporate purposes, to meet its capital expenditure requirements and expand operations in growing markets.

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With a plethora of companies coming forward with their own IPOs in quick succession, you can keep a track of all the upcoming IPOs by regularly following our IPO calendar.

Related Articles: Fino Payments Bank Ltd IPO | Policybazzar IPO | Mobikwik Ltd IPO | Paytm Ltd IPO | OYO IPO

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