Nykaa IPO GMP - Latest Grey Market Premium Today, Open and closing dates
Nykaa IPO is scheduled to open on 28 October 2021. Nayka wants to raise 5352 crores through IPO. Know all about Nykaa IPO as on Today - Nykaa IPO GMP (Nykaa Grey Market Premium) Live Data, Kostak rates, and Subject to Sauda rates, Nykaa IPO Review, Strength and Weakness. We will update Grey Market Premium everyday. Nykaa IPO date is officially announced. Also, all the information related to Nykaa IPO like price band, all dates, issue size and retail portion are official announced. All information about Nykaa IPO is given below.
Nykaa IPO Details
India's largest e-commerce platform for beauty and wellness products "Nykaa" is going to market its IPO on 28 October 2021. Nykaa Price band is ₹1085 to ₹1125. Nykaa IPO Open on 28 October 2021 and Close on 01 November 2021. Nykaa IPO Listing date is 11 November 2021. Nykaa will raise Rs 5352 crore through Initial Public Offering (IPO). Where Rs 630 crore will be from fresh issues and the rest ( Approx 41,972,660 Equity Shares) will be under OFS (Offer for Sale).
Nykaa sells a variety of products on its platform (Web & App) including beauty Products, Jewellery, cosmetics, Bags, grooming products, clothes, and Footwear. Nykaa is a kind of startup that is profitable right now. Nykaa is a unicorn i.e. the valuation of Nykaa is more than 1 billion US dollars. Promoters have more than a 50% stake in the company.
FSN E-commerce Ventures Pvt Ltd (Nykaa) raised around ₹2,396 crore from anchor investors on October 27, 2021, ahead of the IPO.
What is Nykaa IPO GMP Today?
Nykaa IPO GMP is ₹750 as of today.
What is Nykaa IPO Kostak Rates Today?
Nykaa IPO Kostak Rates is ₹800.
What are Nykaa IPO Expected Returns (in %)?
Nykaa IPO Expected Returns is 50% - 60%.
About Nykaa
Nykaa (FNS E-commerce Ventures) was created by Falguni Nayar in 2012. Since its inception, Nykaa has rapidly emerged as a major beauty and wellness products destination among millions of customers across the country. The company started with online space in 2012, later company started with offline stores in 2015 and has 70+ physical stores across 38 cities.
Nykaa brings you products from your favorite brands including women's makeup, beauty products, skincare & grooming products, haircare, fragrances, personal care, luxury, and wellness products. The company claims that around 55,00,000 visits come through their website or app from around the world, with the company selling around 30 makeup products per minute. The company receives around 13,00,000+ orders every month out of which 72% are repeat customers.
Nykaa, backed by a private equity firm TPG Growth IV SF Pte Ltd, plans to raise Rs 525 crore by issuing fresh equity shares. The company sells a wide variety of products through its platform including cosmetics, grooming products, beauty products, footwear, and clothing. In 2012, the company launched Nykaa Pro which is a premium membership program that provides users special access to professional beauty products and offers via the Nykaa App. its online channel includes mobile apps, websites, and mobile sites. As of March 2021, Nykaa has seen 43.7 million cumulative app downloads.
The company operates 3 different store formats as of March 2021 -
1. Nykaa Luxe: Featuring a luxury beauty experience showcasing prestige and luxury international and domestic beauty brands.
2. Nykaa On Trend: Featuring a dated range of bestselling fashion and beauty products.
3. Nykaa Beauty Kiosks: Predominantly featuring its in-house brands in a shopping mall setting.
Official Website : Nykaa
Nykaa Ipo DRHP
Purpose of the offer
- For funds, new retail stores for the FNS brand and Nykaa fashion for ₹35 Crore.
- repayment of borrowing of ₹130 crores.
- invest ₹200 crores for promoting brand visibility and awareness.
- And the remaining is for general corporate purposes.
Nykaa GMP Today (Grey Market Premium)
| DATE | GMP | Kostak | Subject to Sauda |
|---|---|---|---|
| 10 November | ₹750 | ₹800 | ₹7000 |
| 09 November | ₹750 | ₹800 | ₹7000 |
| 08 November | ₹700 | ₹800 | ₹7000 |
| 07 November | ₹650 | ₹800 | ₹7000 |
| 06 November | ₹650 | ₹800 | ₹7000 |
| 05 November | ₹650 | ₹800 | ₹7000 |
| 04 November | ₹650 | ₹800 | ₹7000 |
| 03 November | ₹650 | ₹800 | ₹7000 |
| 02 November | ₹650 | ₹800 | ₹7000 |
| 01 November | ₹550 | ₹600 | ₹6000 |
| 31 October | ₹550 | ₹600 | ₹6000 |
| 30 October | ₹550 | ₹600 | ₹6000 |
| 29 October | ₹600 | ₹600 | ₹6000 |
| 28 October | ₹610 | ₹600 | ₹6000 |
| 27 October | ₹670 | ₹700 | ₹7000 |
| 26 October | ₹670 | ₹700 | ₹7000 |
| 25 October | ₹650 | ₹700 | ₹7000 |
| 24 October | ₹650 | ₹700 | ₹7000 |
| 23 October | ₹670 | ₹600 | ₹6000 |
| 22 October | ₹670 | ₹600 | ₹6000 |
| 21 October | ₹650 | ₹550 | ₹6000 |
| 20 October | ₹680 | ₹700 | ₹7000 |
| 19 October | ₹680 | ₹700 | ₹6500 |
| 18 October | ₹650 | ₹550 | ₹5500 |
| 17 October | ₹650 | ₹550 | ₹5500 |
| 16 October | ₹650 | ₹550 | ₹5500 |
| 15 October | ₹650 | ₹550 | ₹5500 |
| 14 October | ₹600 | ₹500 | ₹5500 |
| 13 October | ₹550 | ₹500 | ₹5000 |
| 12 October | ₹625 | ₹500 | ₹6000 |
| 11 October | ₹600 | ₹600 | ₹6000 |
Nykaa IPO Date and Price Band Details
Nykaa IPO opening date: 28 October 2021, Closing date: 01 November 2021, and Listing date: 11 November 2021. The price band of Nykaa IPO is ₹1085 to ₹1125 per share. Nykaa IPO issue size is Rs 5352 crores, Where Rs 630 crore will be from fresh issues and the rest ( Approx 41,972,660 Eq. Shares) will be under Offer for Sale.
| IPO Open: | 28 October 2021 |
| IPO Close: | 01 November 2021 |
| Listing Date: | 11 November 2021 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹5352 Cr. |
| Fresh Issue: | Approx ₹630 Cr. |
| Offer For Sale: | Approx 41,972,660 Eq. Shares |
| Price Band: | ₹1085 to ₹1125 per share |
| Face Value: | ₹10 per Equity share |
| PE: | -- |
| Equity: | To be updated |
| Retail Portion: | 10% |
Nykaa IPO Market Lot & Size
Nykaa IPO minimum lot size is 12 shares with ₹13,500 application amount and the maximum lot size is 168 shares with ₹189,000 application amount.
| Minimum Lot: | 01 |
| Minimum Lot Size: | 12 Shares |
| Minimum Amount: | ₹13,500 |
| Maximum Lot: | 12 |
| Maximum Lot Size: | 168 Shares |
| Maximum Amount: | ₹189,000 |
Nykaa IPO Open, Allotment & Listing Date
| Ipo Opening Date: | 28 October 2021 |
| IPO Closing Date: | 01 November 2021 |
| Basis of Allotment: | 08 November 2021 |
| Refund Date: | 09 November 2021 |
| Credit to Demat Account: | 10 November 2021 |
| Listing Date: | 11 November 2021 |
Nykaa IPO Review
Happiest Post View: Apply for great listing gain and also for the long-term.
Anil Singhvi Review: To be updated.
Brokerage Firm IPO Reviews
- Motilal Oswal: To be updated
- ICICI Securities: To be updated
- Capital Market: To be updated
- Ventura Securities Limited: To be updated
- GEPL Capital Ltd: To be updated soon
! Note:- Not Rated Yet ( Updated Soon )
Nykaa Ipo Rating
Review For Listing Gain
Review For Short term
Review For Long term
Strength
- The company (Nykaa) has a presence in online markets and offline markets. Transactions can also be done through the company's website.
- The biggest strength of the vast network effect that is can leverage to keep on growing.
- Another big strength of the company is its association with a wide variety of industry brands.
- The company's business model is well-tailored to using its existing user base to enhance the content and increase referrals for further business growth.
- The company's business model is scalable and profitable, which is a good signal for the future of the company.
- The company has a wide range variety of products on its platform and offline stores including beauty Products, Jewellery, cosmetics, Bags, grooming products, clothes, and Footwear, etc.
weakness
- The biggest weakness for the company is its high dependency on external brands. The top 3 external vendors for 24.3% of GMV in FY2021.
- The company doesn't have any contractual commitments from its partner brands to sell exclusively on its platform.
- The company faces a lot of competition from online sellers like Myntra, Flipkart, and Amazon in its beauty and personal care market space.
- The company has suffered a lot due to Covid-19.
Nykaa Financials
Nykaa Financials (in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| 2019 | ₹1116 | ₹776 | -24.54 |
| 2020 | ₹1778 | ₹1124 | -16.34 |
| 2021 | ₹2453 | ₹1302 | 61.94 |
Investors
Nykaa has a wide range of investors including:
- Max Ventures
- Steadview Capital
- TPG Growth
- TVS Capital
And domestic industrial giants like - Sunil Munjal, Harsh Mariwala, Atul Nishar, and even famous Bollywood actresses like - Alia Bhatt and Katrina Kaif.
Conclusion
Nykaa is one such startup that is profitable. You can see the company's financials in the financials section above. Investing in the company can prove to be great for you. If you look at the grey market premium of the company, it is running around 50%. At the same time, people were eagerly waiting for the Nayka IPO, from which it can be estimated that how much hype of Nayka IPO is there in the market. You can invest in the company for good listing gains as well as long-term. We have seen that Zomato's IPO gave very good listing gains while it is still not a profitable company.
FAQs About Nykaa Ipo
What is the Nykaa IPO opening date?
Nykaa IPO opening date is 18 October 2021.
What is Nykaa IPO GMP Today?
Nykaa IPO GMP is ₹750 as of today.
How much is Nykaa IPO Kostak Rate Today?
Nykaa IPO Kostak Rate is ₹800 as on today.
What is the Nykaa IPO Closing date?
Nykaa IPO Closing date is 01 November 2021.
What is the Nykaa IPO allotment date?
Nykaa IPO allotment date is 08 November 2021.
What is the Nykaa IPO listing date?
Nykaa's IPO listing date is 11 November 2021.
What is the Nykaa IPO Price band?
Nykaa IPO price band is ₹1085 to ₹1125.
What is Nykaa IPO Subject to Sauda Today?
Nykaa IPO Subject to Sauda is ₹7000 as of today.
What is Nykaa IPO Expected Returns after Listing?
Nykaa IPO Expected Returns is 50% - 60%.
For other important information related to the stock market and Grey Market Premium, Kostak rate, you can click on the links given below.
How to Apply the Nykaa IPO with Zerodha?
1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
2. If you are a pc user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO.
3. You will see the IPO Name "Nykaa".
4. Then, Click on Bid Button.
5. Then, Enter your right UPI ID.
6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.)
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
!Note:- The official details of the Nykaa IPO have been announced by the company. Nykaa GMP (Nykaa IPO Grey Market Premium) has started today. You can visit our page daily for daily Nykaa IPO premium updates.
We hope you like this article very much. Feedback is kindly invited. Please post a comment.
Thanks For Visiting & Happy Investing.
0 Comments
We are waiting for your comments. 💙