Nykaa IPO: The allotment of shares of Nykaa and Nykaa Fashion’s parent company FSN E-Commerce Ventures is going to happen today. The issue of the company opened on October 28 and closed on November 1. This IPO was subscribed 81.78 times till the last day. Reserve share for retail investors filled 12.06 times. On the other hand, NII’s share was 112.02 times and QIB’s share was 91.18 times. Whereas the reserve share for the employees of the company got 1.87 times the bid.
What’s going on GMP?
According to market experts, Nykaa’s unlisted shares are trading at a premium of Rs 650 in the gray market. The issue price of the company is Rs 1085-1125. According to this, the shares of Nykaa are trading at Rs 1775 (1125 + 650).
When is the allotment and listing of shares?
The allotment of Nykaa shares is due today. Those who do not get these shares, their money will be returned on November 9. Whereas those who will get the shares of Nykaa, its shares will start appearing in their demat account by November 10. The listing of the shares of the company is on BSE-NSE on November 11.
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Check status like this
If you had also invested money in the issue of Nykaa, then you can check whether you got the shares or not.
How to check through BSE
First of all click on https://www.bseindia.com/investors/appli_check.aspx.
After clicking on this link a page of Status of Issue Application will open. Select Equity option on it.
Select the name of the company for which you want to check the allotment of IPO.
After that enter your application number.
Below this you have to enter the details of your PAN.
After this, verify you by clicking on the box of I am not a robot.
After this press the search button and the status will be in front of you.
Former investment banker Falguni Nair started Nykaa in 2012. As of 31 August 2021, Nykaa has been downloaded 5.58 crore times. Nykaa had a net profit of Rs 61.9 crore in the fiscal year 2021. Whereas in comparison to this, the company had a loss of Rs 16.3 crore in the fiscal year 2020. Nykaa launched its first physical store in 2014. As of 31 August 2021, the company has 80 physical stores in 40 cities across the country.
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