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Home » Nykaa IPO on Oct 28
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Nykaa IPO on Oct 28

News DeskBy News Desk24 October 2021No Comments1 Min Read
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Nykaa is all set to launch its IPO on October 28 and will continue till November 1.

The price band of the initial share sale is fixed at ₹1,085-1,125 per share.

Sebi had approved the company to raise funds via the public offering.

The initial share sale comprises a fresh issue of equity shares worth Rs 630 crore.

An offer for sale of Rs 4.19 crore shares by promoters and existing shareholder.

Nykaa is a leading multi-brand beauty and personal care platform in India.

It has been ramping up its presence in the fashion space.

Nykaa, a profitable e-tailer plans to use IPO proceeds for expansion.

Will set up new retail stores and establish new warehouses.

The firm will list on the leading stock exchanges BSE and NSE.

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