Nykaa IPO Allotment status 2021 @ linkintime: FSN E-Commerce Ventures Limited IPO (Nykaa IPO) Allotment status for the 5,351.92 Crore IPO size will be available on 8th November 2021. Investors can check www.linkintime.co.in or bseindia.com websites, in order to check their Allotment Status.
The Allotted shares will be credited to the investor’s account on 8th November 2021. Also, Investors can check the Nykaa IPO Allotment status 2021 date, listing date, GMP Value by going through this article. Nykaa ipo allotment status kfintech will not be announced at KFintech website. The Official Registrar of Nykaa IPO Is Linkintime.
Latest News on Twitter— Linkintime twitter will not inform about the Nykaa IPO, you have to have manually at Linkintime, BSE, NSE, Groww, Zerodha, 5paisa, Chittorgarh official website.
The initial public offering (IPO) of FSN E-Commerce Ventures Ltd, which runs an online marketplace for beauty and wellness products Nykaa, was subscribed 81.78 times on the last day of subscription on Monday, mainly helped by huge interest from institutional investors. The initial share sale of Nykaa’s parent company was fully subscribed on the first day of subscription. Nykaa IPO’s finalization of basis of share allotment is expected to take place next week on Monday, November 8, 2021. The bidders can check the share allotment status in the IPO registrar Link Intime India Private Limited’s website here or stock exchange BSE’s website here.
The equity shares, if allotted, will be credited on November 10, 2021. As per market observers, Nykaa shares continue to be available at a strong premium (GMP) of 640 in the grey market today. The company’s shares are expected to list on leading stock exchanges NSE and BSE on November 11. The IPO of FSN E-Commerce Ventures had a fresh issue of equity shares worth 630 crore and an offer for sale (OFS) of 4,19,72,660 equity shares by the promoter and existing shareholders. The price range for the offer was 1,085-1,125 per share. Nykaa plans to use the proceeds from the IPO for expansion, by setting up new retail stores and establishing new warehouses. It also plans to retire some of its debt, which should bring down interest costs and further shore up its profitability. Founded in 2012 by former investment banker Falguni Nayar, as of August 31, 2021, Nykaa had cumulative downloads of 55.8 million across all their mobile applications. Nykaa had posted a net profit of 61.9 crore in FY21 compared to a loss of 16.3 crore in FY20. Nykaa opened their first physical store in 2014, and has 80 physical stores across 40 cities as of August 31, 2021. Live Update– The finalization of the Nykaa IPO shares allotment will be available on 8th November 2021. check the Nykaa IPO Allotment release date, listing date, GMP Value & direct links to check the status below.
Chittogarh website link- www.chittorgarh.com
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