HomeEconomy NewsNykaa IPO GMP Today, Live Price, Lot Size, Allotment Status

Nykaa IPO GMP Today, Live Price, Lot Size, Allotment Status


Today, check out Nykaa IPO GMP, also known as IPO gray market premium, subject to cost rates and bargain prices. Nykaa IPO GMP Started off in the gray market and seemed strong and stable. The final news is in, and we have seen the strong IPO GMP of Nykaa, aka FSN E-commerce Ventures Ltd. According to RHP, Nykaa’s IPO will go public on October 28.

Nykaa IPO GMP Today

The business plans to raise $532 million through an initial public offering (IPO), consisting of a fresh issuance of 630 million and an offer for sale of 41,972,660 equity shares. Nykaa IPO GMP TodayLive price, lot size, allotment status will be discussed here.

Nykaa IPO Disclaimer: IPO Gray Market Premium (Nykaa IPO GMP) mentioned is applicable only for the date specified in the header. In IPO gray market, we do not buy or sell IPO form. The cost rate is the profit earned by selling an IPO application (in an off-market transaction) to someone else before the issue is allotted or listed.

Nykaa IPO Live Price

Do not subscribe to an IPO solely on the basis of premium price as it may change at any moment prior to listing. Only evaluate the company’s fundamentals when subscribing.

Falguni Nair founded Nykaa’s parent company FSN E-Commerce in 2012. It is one of the few profitable online beauty, personal care and fashion product aggregators globally, offering a diverse range of products through its online and offline platforms.

NYKA IPO

Nykaa Details & Financials

While most of its revenue comes from online purchases and delivery, it also has 80 storefronts in about 40 locations across the country. Nykaa Fashion has 1,434 brands and 2.8 million Stock-Keeping Units (SKUs) as of August 2021, providing fashion accessories for women, men, children and home.

As economic activities resumed after the pandemic, the company’s income from operations has rebounded. In FY21, Nykaa reported a net profit of over Rs 61 crore, up from a loss of over Rs 16 crore in FY20. It should be mentioned that income grew 38% year-on-year to Rs 2,453 crore in FY2011.

Nykaa IPO Allotment Status

One of the most renowned specialty beauty and personal care firms in India.

Important businesses are using Nykaa’s platform to sell their wares.

A profitable, capital-efficient company with high growth.

Company’s best technology platform

A firm founded by a founder and managed by an experienced management team.

Issue goals:

420 million invested to help open additional retail locations across its various companies, notably FSN Brands and Nykaa Fashion;

420 million for capital expenditures and investments in the company’s various businesses, including Nykaa e-retail, Nykaa Fashion and FSN Brands to support the establishment of new warehouses;

1,560 million to settle or repay outstanding loans raised by the firm and one of its subsidiaries, Nykaa E-Retail;

2,340 million spent on acquiring and retaining consumers by increasing brand presence and awareness; And

For general business purposes.

Nykaa IPO Lot Size

The market lot size for Nykaa IPO is 12 shares. An individual retail investor can apply for a maximum of 14 lots (168 shares or $189,000) in a single transaction.

How can I apply for Nykaa IPO using Zerodha?

Log in to Zerodha Console through website or application. Go to Portfolio and select IPO from the drop-down menu. The IPO is known as “Nayaka Finance”. The bid button should be selected. Fill in your UPI ID, Quantity and Price fields. Fill and submit the IPO application form. To approve the mandate, go to your UPI app on net banking or BHIM app.

How can I apply for Nykaa IPO GMP on Upstox?

Log on to the Upstox application with your credentials. Choose an Initial Public Offering (IPO). The IPO is known as “Nayaka Finance”. The bid button should be selected. Check the status of your application. To approve the mandate, go to your UPI app on net banking or BHIM app. Funds, if any, that have not been allotted to you or blocked for any partial allotment of IPO shares, will be unblocked/released on or before the UPI mandate expiry date. If the money is not unblocked/released even after the expiry of the mandate, do not hesitate to contact your bank.

Purpose of NYKAA’s initial public offering

Revenue from the offering will be used to invest in the company’s fashion and other businesses. It also intends to invest in and open additional retail outlets. According to the corporation, the funds will also be used for capital expenditure and investment in subsidiaries.

The cash raised will be used to settle the outstanding debt of the firm and its subsidiary Nykaa E-Retail and enhance brand recognition and exposure.

नीचे दिए गए लिंक को क्लिक करे और ज्वाइन करें हमारा टेलीग्राम ग्रुप और ताज़ा जानकारियों से जुड़े रहें | 

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