FSN E–Commerce Ventures Limited, Nykaa is a consumer technology platform founded by Falguni Nayar in 2012. The company has one of the highest share of mobile application-led transactions, among the leading online retail platforms in India during Financial Year 2021. It has 73 physical stores across 38 cities in India. The company has mainly two business verticals,
· Nykaa: Beauty and personal care
· Nykaa Fashion: Apparel and accessories
The company has a good management team. There
is no listed companies in India that is
involved in a similar business.
If you want to know about Initial Public Offering (IPO) and the terms related to it then Click here to read "All about IPOs" post and then continue reading this, then Click here and open a demat account with India's No.1 stock broker - ZERODHA and start applying for IPO. (Account can be opened within 24 hours)
Nykaa Financials
|
|
Total Assets |
Total Revenue |
Profit After Tax |
|
31-Mar-19 |
7,756.57 |
11,163.82 |
(245.39) |
|
31-Mar-20 |
11,244.82 |
17,778.50 |
(163.40) |
|
31-Mar-21 |
13,019.90 |
24,526.37 |
619.45 |
|
(in millions) (value in brackets indicates loss) |
|||
Objectives of the issue
· 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 the brands.
· General corporate purposes.
Pros
· Good management team.
· One of India’s top beauty and personal care companies.
· Large product portfolio.
Cons
· Highly competitive industry.
· Major part of the issue size is offer for sale (Fresh issue: 630 Crores, Offer for sale: 4721.92 Crores).
· One of the Promoters, Falguni Nayar Family Trust, has pledged certain of its Equity Shares.
Nykaa IPO details
|
Face value |
₹1 per equity share |
|
|
Issue Type |
Book built issue |
|
|
IPO Price Band |
₹1085 to ₹1125 per equity share |
|
|
Minimum Order Quantity |
12 Shares (1 Lot - ₹13,500) |
|
|
Maximum Order Quantity |
168 Shares (14 Lots - ₹1,89,000) |
|
|
Retail Portion |
10% |
|
|
Listing At |
BSE, NSE |
|
|
Issue Size |
₹
5,352 Cr (approximate value) |
|
|
Fresh Issue |
₹
630 Cr (approximate value) |
|
|
Offer For Sale |
₹
4722 Cr (approximate value) |
|
|
Employee Discount |
₹
100 |
|
|
Grey market premium |
Approximately 50% of the issue price (₹.1125) |
|
If you want to know about Initial Public Offering (IPO) and the terms related to it then Click here to read "All about IPOs" post and then continue reading this, then Click here and open a demat account with India's No.1 stock broker - ZERODHA and start applying for IPO. (Account can be opened within 24 hours)
Nykaa IPO Important dates
|
IPO Open Date |
Oct 28, 2021 |
|
IPO Close Date |
Nov 1, 2021 |
|
Basis of Allotment |
Nov 8, 2021 |
|
Initiation of Refunds |
Nov 9, 2021 |
|
Credit of Shares to Demat Account |
Nov 10, 2021 |
|
Listing Date |
Nov 11, 2021 |
Nykaa IPO Promoters & Promoter holding
|
Promoters |
· Falguni Nayar · Sanjay Nayar · Falguni Nayar Family Trust · Sanjay Nayar Family Trust |
|
|
Promoter Holding |
Pre-Issue |
54.22% |
|
Post Issue |
52.56% |
|
Nykaa IPO Contact Information
Registered Office:
104, Vasan Udyog Bhavan,
Sun Mill Compound,
Tulsi Pipe Road,
Lower Parel,
Mumbai 400 013,
Maharashtra.
Telephone: + (91) 226614 9616
Corporate Office:
A2, 4thFloor,
Cnergy IT Park,
Appasaheb Marathe Marg,
Opposite Tata Motors, Prabhadevi,
Mumbai 400 025, Maharashtra.
Telephone: + (91) 22 3095 8700
Contact Person: Rajendra Punde, Head Legal, Company Secretary and Compliance Officer.
E-mail: nykaacompanysecretary@nykaa.com
Website: www.nykaa.com
Nykaa IPO Prospectus
· Nykaa IPO DRHP
· Nykaa IPO RHP
Check Nykaa IPO allotment status: https://www.linkintime.co.in/IPO/public-issues.html
If you want to know about Initial Public Offering (IPO) and the terms related to it then Click here to read "All about IPOs" post and then continue reading this, then Click here and open a demat account with India's No.1 stock broker - ZERODHA and start applying for IPO. (Account can be opened within 24 hours)