Page 17 - Nykaa

Beauty startup Nykaa surges to near $13-bn valuation in stock market debut

BENGALURU (Reuters) - Shares of cosmetics-to-fashion platform Nykaa made a blockbuster opening on Wednesday, valuing the Indian company at near $13 billion, in the latest startup listing after food delivery firm Zomato's stellar debut in July.

Nykaa lists at 79% premium to issue price; market cap crosses Rs 1 trillion

Post listing, shares of Nykaa touched a high of Rs 2,129, up 89 per cent versus the issue price of Rs 1,125

Nykaa founder Falguni Nayar's wealth tops $6.5 bn after firm's listing

She's become India's wealthiest self-made female billionaire, according to Bloomberg Billionaires Index.

Nykaa's Rs 5,300-crore IPO sees strong interest; subscribed 82x

This is the second-biggest IPO since that of food delivery start-up Zomato's, the first by an Indian unicorn.

Top headlines: Oct GST collection second highest ever; auto sales skid

Maruti Suzuki and Hyundai report a double-digit drop in sales in October as auto firms struggle to get computer chips for their vehicles. More in our top headlines.

Beauty startup Nykaa's IPO attracts bids of nearly $33 billion

The company received bids for 40 times the number of shares it plans to sell to anchor investors in its IPO

Nykaa's Rs 5,352 cr IPO subscribed 5x; Fino Payments Bank garners 51%

Brokerages bullish on Nykaa given the firm's high growth potential

Nykaa IPO subscribed 1.6x on Day 1 on strong retail investor support

Institutional category subscribed 1.4x, retail quota 3.5x while HNI portion was subscribed 60%; issue closes Monday

Markets Today: Key levels for Sensex, Nifty; Policybazaar IPO review

With Sensex and Nifty below near-term support levels, what's the road ahead for markets? Will this weakness shift focus to primary markets, where Nykaa and Policybazaar are ready with their IPOs?

Sensex tanks 1,159pts on broad-based sell-off; Nifty ends below 17,900

Financials led by PSU banks, realty, metal and FMCG shares where the major losers in trade. All NSE sectoral indices ended with losses of more than a per cent

Nykaa IPO: Brokerages recommend subscribing, but cite valuation concern

The much-awaited IPO of FSN E-Commerce Ventures, which owns online e-tailer Nykaa, will open for subscription on Thursday in a price band of Rs 1,085 - Rs 1,125

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

The company has decided to allocate a total of 21,296,397 equity shares to anchor investors at Rs 1,125 a share, aggregating to Rs 2,395.84 crore

Nykaa anchor book subscribed 40x on strong institutional interest

A clutch of large foreign as well as domestic funds have submitted bids worth over Rs 95,000 crore

TMS, Ep 30: Tata group firms' m-cap, WGC India CEO Q&A, markets, and IoT

Why is TCS' share in m-cap of listed Tata firms declining so rapidly? Why does WGC's Somasundaram PR think 2022 will be a great year for gold? What is IoT and how does it work? Get all answers here

Markets Today: Primary market buzzing with action. What to track?

The action has shifted to the primary market now. The Nykaa IPO will open for subscription today. What factors are likely to keep traders and investors busy today?

Nykaa raises Rs 2,395.84 cr in anchor book allocation ahead of IPO

The beauty startup's Rs 5,300-crore IPO opens for subscription on Thursday

Nykaa gets Sebi nod for IPO, may launch Rs 5,300-cr offer by month-end

Sources said the Falguni and Sanjay Nayar-promoted firm is looking to launch its maiden offering at valuations of more than Rs 45,000 crore ($6 billion)

Nykaa IPO to open on October 28; priced at Rs 1,085-1,125 apiece

Nykaa IPO: At the top-end of the band, the beauty startup will be valued at Rs 53,200 crore

TMS, Ep 29: Facebook papers, Sunil Vachani Q&A, Nykaa IPO, startup funding

Can 'Facebook papers' be nudge for social media regulations? Why does Dixon CMD Sunil Vachani see PLI scheme as a gamechanger? What are risks to consider in the Nykaa IPO? Get all the answers here

Markets Today: Understanding the risks before investing in Nykaa IPO

The Nykaa IPO opens for subscription on Oct 28. But valuation concerns and the need to examine wellness products personally before purchasing are some factors that analysts are concerned about