India’s Wealthiest Self-Made Female Billionaire: Nykaa, which sells beauty products, has a great listing in the market today. Falguni Nayar, who started it due to the strength of Nyka’s shares, has joined the list of the world’s richest people. Nair owns about half the stake in Nykaa and today its net worth has grown to around $650 million (Rs 48.34 thousand crore) due to its impressive performance in the domestic equity market. After the spectacular listing, Nair said that the main focus of his company is to maintain the confidence of the shareholders and take it forward. He has given a message to women that they should not be afraid to dream and keep faith in themselves.
According to the Bloomberg Billionaire Index, a list of billionaires around the world, Falguni Nair has become the richest self-made female billionaire in India. Shares of Nykaa were listed today on November 10 at a price of Rs 2001, which is about 78 percent premium over the issue price of Rs 1125 i.e. investors got a profit of Rs 876 on listing.
Nykaa Listing: Great entry of Nyka’s shares in the market, investors got 78% listing gain; Book profit or hold? This is the opinion of experts
Achieved the achievement of beating Shaw
On this achievement of Falguni Nair, Founder of Nayaka, Biocon’s Executive Chairperson Kiran Mazumdar Shaw has congratulated her. Shaw has tweeted congratulatory. Shaw, executive chairperson of Boycotton, wrote, “Falguni Nair, Founder of Nykaa, has become the richest self-made female billionaire in the country – Great start, congratulations Falguni Nair, you have brought laurels to us women entrepreneurs.”
A female unicorn listed for the first time in the Indian market
Nykaa’s parent company FSN E-Commerce Ventures is the first unicorn in the country to be listed in the market, started by a woman. Unicorn means a startup whose valuation touches the level of $ 100 million (Rs 74.37 thousand crore). Nykaa has raised Rs 5352 crore through IPO. Nair started Nayaka when he was only a few months away from turning 50. Nair holds stake in his company through two family trusts and seven other promoter entities.
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Country’s richest woman Savitri Jindal
Falguni Nair, the founder of Nykaa, is the richest self-made female billionaire in the country. If we talk about the richest woman in the country, then this achievement is in the name of Savitri Jindal, chairperson of the legendary steel company Jindal Group. According to the Bloomberg Billionaires Index, Savitri Jindal is the richest woman in India with a net worth of $ 1290 million (Rs 95.96 thousand crore). Jindal Group operates in the steel, power, cement and infrastructure sectors. It was started by Omprakash Jindal, husband of Savitri Jindal who died in an air crash in 2005. Apart from business, Savitri Jindal is also very active in politics and has handled many important ministries in Bhupendra Hooda’s Haryana government.
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