Nykaa IPO Chittorgarh : Nykaa IPO  Share, Stock Price, GMP, Review, Details

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.

India’s first women led profitable unicorn Nykaa is looking at being listed in the Indian stock market this month.

Strengths

One of India’s leading lifestyle focused consumer technology platform

Founder-led company supported by a strong management team

Preferred destination for luxury and prestige products in India for consumers

Risks

Inability to manage the growth or execute its strategies effectively

Failure to acquire new consumers or to do so in a cost-effective manner

Pending litigations against the company & its subsidiaries

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.

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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.

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Nykaa IPO objectives

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