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FSN E-Commerce Ventures Ltd.

BSE: 543384 Sector: Others
NSE: NYKAA ISIN Code: INE388Y01029
BSE 00:00 | 03 Dec 2321.85 -115.30
(-4.73%)
OPEN

2455.00

HIGH

2464.70

LOW

2283.55

NSE 00:00 | 03 Dec 2324.70 -113.50
(-4.66%)
OPEN

2439.45

HIGH

2465.00

LOW

2282.00

OPEN 2455.00
PREVIOUS CLOSE 2437.15
VOLUME 42901
52-Week high 2574.00
52-Week low 1994.10
P/E 3015.39
Mkt Cap.(Rs cr) 109,800
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 2455.00
CLOSE 2437.15
VOLUME 42901
52-Week high 2574.00
52-Week low 1994.10
P/E 3015.39
Mkt Cap.(Rs cr) 109,800
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

FSN E-Commerce Ventures Ltd. (NYKAA) - Company History

The Company was originally incorporated as FSN E-Commerce Ventures Private Limited on 24 April 2012. Subsequently the Company was converted into a public limited company and the name of the Company was changed to FSN E-Commerce Ventures Limited pursuant to a special resolution passed by the Shareholders of the Company on 16 July 2021.The company was promoted by banker-turned- businesswoman Falguni Nayar and backed private equity firm TPG Group.The company is engaged in manufacturingselling and distribution of beautywellnessfitnesspersonal carehealth careskin carehair care products on the online platforms such as e-commercem-commerceinternetintranet as well as through offline stores and stalls.The company runs beauty & personal care business under the Nykaa vertical where it has a leading position and apparel & accessories business under the Nykaa Fashion vertical. It also operates an offline channel comprising 80 stores across 40 cities in India in three different store formats. On 30 June 2021 and 15 July 2021the company has allotted 414528 and 36000 equity shares respectively on conversion of OCRPS.The company came out with an Rs 5352 crore IPO during the fag end of October 2021.The public issue comprised fresh issue of equity shares amounting to Rs 630 crore and the rest from the mode of offer for sale.These shares were allotted at a premium of Rs 1124 per share.The allotted shares were listed on the BSE Ltd and National Stock Exchange of India Ltd(NSE) on 10 November 2021.

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