IPO

FSN E–Commerce Ventures Limited (Nykaa IPO)

Mainboard

e-Commerce

Listed On: Nov 10, 2021 at ₹ 2018.00(NSE)

₹ 13500 /12 Shares

Check Allotment

28 Oct, 2021

Open Date

01 Nov, 2021

Close Date

08 Nov, 2021

Allotment Date

10 Nov, 2021

Listing Date
Price Summary

Last Closing

250.55 (-77.73%)

52 Week High

268.25

52 Week Low

154.90

Last Update

24-Oct-2025 3:30 PM
IPO Issue Details
  • Issue Price ₹1085-1125 per equity share
  • Face Value ₹1 Per Equity Share 
  • Issue Price N/A Eq Shares of ₹1 (aggregating up to ₹5,351.92 Cr)
    Fresh Issue: N/A Eq Shares of ₹1 (aggregating up to ₹630.00 Cr)
    Offer for Sale: 41,972,660 Eq Shares of ₹1 (aggregating up to ₹4,721.92 Cr)
  • Listing at BSE, NSE
  • List Price 2018.00(NSE)
  • Listing Date 2021-11-10
  • Lead Manager BofA Securities India Limited, Citigroup Global Markets India Private Limited, ICICI Securities Limited, JM Financial Consultants Private Limited, Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Pvt Ltd
  • Registrar Link Intime India Private Ltd
IPO Details
  • Retail Portion 10% (Number of Retail Applications : 3,94,300 Approx)
IPO Documents
IPO Details


The IPO of is priced at ₹1085-1125 per equity share, which has a face value of ₹1 Per Equity Share  each, IPO bidding starts from Oct 28, 2021 and ends on Nov 1, 2021. The allotment for IPO will be finalized on Nov 8, 2021. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Nov 10, 2021. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are BofA Securities India Limited, Citigroup Global Markets India Private Limited, ICICI Securities Limited, JM Financial Consultants Private Limited, Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Pvt Ltd.


The IPO sets its price band at 1085-1125 for each share. A single application for FSN E–Commerce Ventures Limited (Nykaa IPO) must contain at least 12 shares.

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IPO Subscription Analysis And Details
Retail
12.24x
QIB
91.17x
NII
112.02x
Total
81.78x
As onQIBNIIRetailTotal
Shares Offered / Reserved141,97,59970,98,79847,32,532262,78,929
Day 1 28-10-21 05:00 PM
1.39 x0.603.50 x1.55 x
Day 2 29-10-21 05:00 PM
4.72 x4.166.32 x4.82 x
Day 3 01-11-21 05:00 PM
91.17 x112.0212.24 x81.78 x

Total No of Applications
3569876
Subscription on the basis of Applications
9.05
Valuations
Earnings Per Share (EPS) ₹1.31/-
P/E Ratio 858.89
RoNW 12.62
Net Asset Value (NAV) - As on 30.06.21 ₹15.47
Company Financials
In Crs.
In Cr.
31-Mar-2131-Mar-2031-Mar-19
Assets1,301.991,124.48775.65
Revenue2,452.631,777.851,116.38
Profit After Tax61.94(16.34)(24.53)
About Company

Founded in 2012, Nykaa is one of the leading omnichannel retailers of beauty and wellness products. The company also supplies an extensive range of apparel and accessories. Its digital platform caters to the requirements of more than 5 million active users on a monthly basis.

It sells products from over 2,000 brands belonging to different categories. These include skincare, health supplements, make-up, etc. As of 2021, Nykaa has more than 12 warehouses across India that are dedicated to its fashion and beauty products.

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- Promoter(s)

Falguni Nayar

Sanjay Nayar

Falguni Nayar Family Trust

Sanjay Nayar Family Trust

Pre Issue Share Holding : 54.22%

Post Issue Share Holding : 52.56%

IPO - Issue Objectives
1

Investment in certain of their subsidiaries, namely, FSN Brands and / or Nykaa Fashion for funding the set-up of new retail stores

2

Capital expenditure to be incurred by the Company and investment in certain of their subsidiaries, namely, Nykaa E-Retail, Nykaa Fashion and FSN Brands for funding the set-up of new warehouses

3

Repayment or prepayment, in full or in part, of certain borrowings availed by the company and one of their subsidiaries, namely, Nykaa E-Retail

4

Expenditure to enhance the visibility and awareness of their brands

5

General corporate purposes.

IPO - Anchor Investors

Nykaa operator raises Rs 2,396 crore from 174 anchor investors ahead of IPO

Marquee investors participated in the anchor book included Blackrock Global Funds, BEST Investment Corporation, Emerging Markets Growth Fund, Fidelity Funds, Government Of Singapore, Canada Pension Plan Investment Board, T Rowe Price, JP Morgan, Aberdeen Abu Dhabi Investment Authority, CLSA, Goldman Sachs, and Monetary Authority of Singapore.

Domestic investors including Aditya Birla Sun Life Trustee, SBI Mutual Fund, HDFC Trustee Company, Nippon Life India Trustee, Axis Mutual Fund, Kotak MF, ICICI Prudential, Franklin MF, Sundaram MF, IDFC MF, L&T MF, Tata MF, Edelweiss, and UTI MF also invested in the company, through anchor book.