FSN E–Commerce Ventures Limited (Nykaa IPO)

Mainboard

e-Commerce

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

₹ 13500 /12 Shares

Check Allotment

Price Summary

Last Closing

200.20 (-82.2%)

52 Week High

229.80

52 Week Low

136.50

Last Update

20-Sep-2024 3:30 PM

IPO Details

28 Oct, 2021

Open Date

01 Nov, 2021

Close Date

08 Nov, 2021

Allotment Date

10 Nov, 2021

Listing Date

Issue Price

₹1085-1125 per equity share

Face Value

₹1 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

2018.00(NSE)

Listing Date

2021-11-10

Market Lot

12 Shares (₹13,500/-)

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

Issue Size

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)

Retail Portion

10% (Number of Retail Applications : 3,94,300 Approx)

Subscription

81.78 times

IPO Docs

DRHP RHP

IPO Subscription Details

As on	QIB	NII	Retail	Total
Shares Offered / Reserved	141,97,599	70,98,798	47,32,532	262,78,929
Day 1 - 28-10-21 05:00 PM	1.39 x	0.60	3.50 x	1.55 x
Day 2 - 29-10-21 05:00 PM	4.72 x	4.16	6.32 x	4.82 x
Day 3 - 01-11-21 05:00 PM	91.17 x	112.02	12.24 x	81.78 x

Total No. of Applications: 3569876 (Approx)

Retail Subscription on the basis of Applications: 9.05 times

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 All values are in ₹ Cr.

	31-Mar-21	31-Mar-20	31-Mar-19
Assets	1,301.99	1,124.48	775.65
Revenue	2,452.63	1,777.85	1,116.38
Profit After Tax	61.94	(16.34)	(24.53)

About The 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.

- Promoter(s)

Pre Issue Share Holding: 54.22%

Post Issue Share Holding: 52.56%

Company Promoter(s)

Falguni Nayar
Sanjay Nayar
Falguni Nayar Family Trust
Sanjay Nayar Family Trust

IPO - Issue Objectives

Investment in certain of their subsidiaries, namely, FSN Brands and / or Nykaa Fashion for funding the set-up of new retail stores
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
Repayment or prepayment, in full or in part, of certain borrowings availed by the company and one of their subsidiaries, namely, Nykaa E-Retail
Expenditure to enhance the visibility and awareness of their brands
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.

IPO - FAQs

Ans. FSN E–Commerce Ventures Limited (Nykaa IPO) is a Mainboard IPO. The issue is priced at ₹1085-1125 per equity share. The minimum order quantity is 12 Shares. The IPO opens on Oct 28, 2021, and closes on Nov 1, 2021. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The FSN E–Commerce Ventures Limited (Nykaa IPO) opens on Oct 28, 2021 and closes on Nov 1, 2021.

Ans. The size of FSN E–Commerce Ventures Limited (Nykaa IPO) is 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).

Ans. The IPO price band is set between ₹1085-1125 per equity share.

Ans. To apply for FSN E–Commerce Ventures Limited (Nykaa IPO) IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find FSN E–Commerce Ventures Limited (Nykaa IPO) in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of FSN E–Commerce Ventures Limited (Nykaa IPO) is Nov 8, 2021.

Ans. The FSN E–Commerce Ventures Limited (Nykaa IPO) will be listed on Nov 10, 2021.

Ans. Follow the steps to check the allotment status for FSN E–Commerce Ventures Limited (Nykaa IPO) here.