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FSN E-Commerce Ventures Limited IPO (Nykaa IPO) Detail

October 28, 2021 - November 1, 2021

Nykaa IPO is a book built issue of Rs 5,351.92 crores. The issue comprises of fresh issue of Rs 630.00 crore and offer for sale of 4.2 crore shares.

Nykaa IPO bidding started from October 28, 2021 and ended on November 1, 2021. The allotment for Nykaa IPO was finalized on Monday, November 8, 2021. The shares got listed on BSE, NSE on November 10, 2021.

Nykaa IPO price band is set at ₹1085 to ₹1125 per share. The minimum lot size for an application is 12 Shares. The minimum amount of investment required by retail investors is ₹13,500.

The issue includes a reservation of up to 250,000 shares for employees offered at a discount of Rs 100 to the issue price.

Bofa Securities India Limited, Citigroup Global Markets India Private Limited, ICICI Securities Limited, Jm Financial Limited, Kotak Mahindra Capital Company Limited and Morgan Stanley India Company Pvt Ltd are the book running lead managers of the Nykaa IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Nykaa IPO RHP for detailed information.

Nykaa IPO Details

IPO Date October 28, 2021 to November 1, 2021
Listing Date November 10, 2021
Face Value ₹1 per share
Price Band ₹1085 to ₹1125 per share
Lot Size 12 Shares
Total Issue Size[.] shares
(aggregating up to ₹5,351.92 Cr)
Fresh Issue[.] shares
(aggregating up to ₹630.00 Cr)
Offer for Sale41,972,660 shares of ₹1
(aggregating up to ₹4,721.92 Cr)
Employee Discount Rs 100 per share
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Nykaa IPO Reservation

Nykaa IPO offers 26,485,479 shares. 14,352,511 (54.19%) to QIB, 7,129,781 (26.92%) to NII, 4,753,187 (17.95%) to RII, 250,000 (0.94%) to employees. 396,098 RIIs will receive minimum 12 shares and (sNII) and (bNII) will receive minimum 180 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered14,352,511 (54.19%)NA
NII (HNI) Shares Offered7,129,781 (26.92%)
Retail Shares Offered4,753,187 (17.95%)396,098
Employee Shares Offered250,000 (0.94%)NA
Total Shares Offered26,485,479 (100%)

Nykaa IPO Timeline (Tentative Schedule)

Nykaa IPO opens on October 28, 2021, and closes on November 1, 2021.

IPO Open Date Thursday, October 28, 2021
IPO Close Date Monday, November 1, 2021
Basis of Allotment Monday, November 8, 2021
Initiation of Refunds Tuesday, November 9, 2021
Credit of Shares to Demat Tuesday, November 9, 2021
Listing Date Wednesday, November 10, 2021
Cut-off time for UPI mandate confirmation 5 PM on November 1, 2021

Nykaa IPO Lot Size

Investors can bid for a minimum of 12 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 12 ₹13,500
Retail (Max) 14 168 ₹189,000
Lot Size Calculator

Nykaa IPO Promoter Holding

Falguni Nayar, Sanjay Nayar, Falguni Nayar Family Trust And Sanjay Nayar Family Trust are the company promoters.

Share Holding Pre Issue 54.22%
Share Holding Post Issue 52.56%

About FSN E-Commerce Ventures Limited

Incorporated in 2012, Nykaa is a consumer technology platform, delivering a content-led, lifestyle retail experience to consumers. The company has a diverse portfolio of beauty, personal care, and fashion products, including their own brand products manufactured by them. The company operates under 2 major verticals:

  • Nykaa: Beauty and personal care
  • Nykaa Fashion: Apparel and accessories

Under the Beauty and Personal Care Offering, the company has 197,195 SKUs from 2,476 brands primarily across make-up, skincare, haircare, bath and body, fragrance, grooming appliances, personal care, and health and wellness categories as of March 31, 2021. For beauty and personal care offerings, Nykaa's business is mainly inventory-led. The company manufactures its owned brand beauty and personal care products through third-party manufacturers and are sold under their brand name such as "Nykaa Cosmetics", "Nykaa Naturals" and "Kay Beauty".

Apparel and accessories verticals consist of 1,350 brands and over 1.8 million SKUs with fashion products across four consumer divisions: women, men, kids, and home. Nykaa Fashion also has six owned brands.

The company provides an omnichannel shopping experience to its customers by providing both online and offline shopping channels. Online channels include mobile apps, websites, and mobile sites while offline channel consists of 73 physical stores spread across 38 cities in India.

Competitive Strengths:

  • One of India's leading specialty beauty and personal care companies.
  • Major brands offering their products on Nykaa's platform for sale
  • Capital efficient business with strong growth and profitability
  • Company's advanced technology platform
  • Founder-led company with an experienced management team

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
30-Jun-21 30-Jun-20 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 16,314.82 10,071.84 13,019.90 11,244.82 7,756.57
Total Revenue 8,217.14 2,910.46 24,526.37 17,778.50 11,163.82
Profit After Tax 35.22 (545.07) 619.45 (163.40) (245.39)

Objects of the Issue (Nykaa IPO Objectives)

  • Investment of ₹ 420 million in certain of their subsidiaries, namely, FSN Brands and / or Nykaa Fashion for funding the set-up of new retail stores;
  • ₹ 420 million towards 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;
  • ₹ 1,560 million towards repayment or prepayment, of outstanding borrowings availed by the company and one of their subsidiaries, namely, Nykaa E-Retail;
  • Expenditure of ₹ 2,340 million to acquire and retain customers by enhancing the visibility and awareness of the brands; and
  • General corporate purposes.

Nykaa IPO Review (May apply)

[Dilip Davda]  Well, this IPO created hype ever since it filed its DRHP and was eagerly awaited. Post Zomato episode, this IPO too created a fancy among primary market investors. However, based on its financial parameters, the issue is exorbitantly priced and hence risk seekers/cash surplus investors may consider investment for a long term reward. Others may avoid. Read detail review...


Nykaa IPO Subscription Status (Bidding Detail)

The Nykaa IPO is subscribed 81.78 times on November 1, 2021 5:00:00 PM. The public issue subscribed 12.24 times in the retail category, 91.18 times in the QIB category, and 112.02 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB91.18
NII112.02
Retail12.24
Employee1.88
Total81.78

Nykaa IPO Prospectus

Nykaa IPO Rating

1858
4.0
Rating:Rated 4.0 stars
Vote Here ...

Nykaa IPO Listing Details

Listing Date November 10, 2021
BSE Script Code 543384
NSE Symbol NYKAA
ISIN INE388Y01029
Final Issue Price ₹1125 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹1,125.00
₹2,001.00
₹1,994.10
₹2,248.10
₹2,206.70
NSE
₹1,125.00
₹2,018.00
₹2,000.00
₹2,248.00
₹2,205.80

Check IPO Performance…

FSN E-Commerce Ventures Limited Contact Details

FSN E-Commerce Ventures Limited
104, Vasan Udyog Bhavan, Sun Mill Compound,
Tulsi Pipe Road, Lower Parel,
Mumbai 400 013, Maharashtra
Phone: + (91) 22 6614 9616
Email: nykaacompanysecretary@nykaa.com
Website: https://www.nykaa.com/

Nykaa IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: nykaa.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html

Nykaa IPO FAQs

Nykaa IPO is a main-board IPO of [.] equity shares of the face value of ₹1 aggregating up to ₹5,351.92 Crores. The issue is priced at ₹1085 to ₹1125 per share. The minimum order quantity is 12 Shares.

The IPO opens on October 28, 2021, and closes on November 1, 2021.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Nykaa IPO using UPI as a payment gateway. Zerodha customers can apply in Nykaa IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Nykaa IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Nykaa IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Nykaa IPO opens on October 28, 2021 and closes on November 1, 2021.

Nykaa IPO lot size is 12 Shares, and the minimum amount required is ₹13,500.

You can apply in Nykaa IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Nykaa IPO will be done on Monday, November 8, 2021, and the allotted shares will be credited to your demat account by Tuesday, November 9, 2021. Check the Nykaa IPO allotment status.

The Nykaa IPO listing date is on November 10, 2021.
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Nykaa IPO Message Board

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2195 Comments

790. Singhal Sahab |   Link |  Bookmark |December 11, 2021 11:27:40 PM
Hey Guyz,
I''m new to IPOs and learning the things. I was allotted Nykaa lot and holding for mid term period. As anchor lock-in period is over will it effect the share price a lot in the coming week. Someone please reply.
789. IamAshwani |   Link |  Bookmark |December 7, 2021 12:16:20 PM
Till now my nyka amount didn’t get debit from account and lien has been also removed a long back. What to do?
Please help.
789.1. B.K. Singhania |   Link |  Bookmark |December 10, 2021 11:31:47 AM
mail to your bank & ragistrar

have you alloted shares????
788. Charles David |   Link |  Bookmark |November 30, 2021 7:05:46 AM
Please Help.

I applied ipo through BHIM and i got 12 NYKKA allotement.

I can see stocks in my portpolio.

But money Rs 13,500/- did not get Credited to FSN by BHIM/BANK.

However from my account on 11/Nov/21 Rs13,500/- got debited UPI/NYKKA/ Manuel .

The balance amount of has not been Refunded by BHIM /NYKKA

Please Help
788.1. Phs |   Link |  Bookmark |December 1, 2021 9:55:08 AM
Nykaa lot amount was 13500/-
So if you are allotted 1 lot then 13500/- only would be debited from your account..
Your account got debited on 11th Nov of Rs. 13500/- which is for 1 lot..
So which balance amount are you talking about?
787. Andi |   Link |  Bookmark |November 27, 2021 9:43:26 PM (200+ Posts)
Lokes ....Is there a call at 2300 for Nykaa ? Tempted to buy ...


786. Aakas |   Link |  Bookmark |November 17, 2021 11:09:46 AM
@lokes @all
Can Anyone please suggest what needs to be done for nykaa? from last couple of days it''s going down continuously.
786.2. lokes |   Link |  Bookmark |November 19, 2021 10:42:13 PM
IPO Guru IPO Guru (4300+ Posts, 5100+ Likes)
@aakash: dont worry about short term moves, market is going down so it was profit booking which is obvious after this bumper listing then run-up till 2400....results were not bad....
And if your view is medium to long term then keep invested, dont worry about these small moves....else for short term view i already said before listing to sell in 2-3 days after listing
786.3. Aakas |   Link |  Bookmark |November 22, 2021 6:50:09 AM
Thank you @lokes for four valuable comments 🙂.
785. review Time |   Link |  Bookmark |November 17, 2021 9:51:54 PM
Sell partial booking
784. Monster Zero |   Link |  Bookmark |November 14, 2021 7:19:09 PM
IPO Guru IPO Guru (3100+ Posts, 2800+ Likes)
Results are really really bad....
Glad i took an exit...
784.8. IPO Mitr |   Link |  Bookmark |November 15, 2021 1:09:37 PM
Question is ............can revenue and margin sustain without this amount/level of ad spend?
784.9. Monster Zero |   Link |  Bookmark |November 15, 2021 10:25:38 PM
IPO Guru IPO Guru (3100+ Posts, 2800+ Likes)
No need to worry about Q3 results...630 Cr fresh issue will help a lot...till then stock will reach 3000 and beyond.
783. IPO Mitr |   Link |  Bookmark |November 15, 2021 4:02:59 AM
After bumper listing .,..Nykaa reports 96% decrease in net profit.

Please tighten your seat belts ....smooth upward flight is just about to turn bumpy
782. Amateur Investor |   Link |  Bookmark |November 14, 2021 11:53:03 PM
I bought at 2001 and sold at 2380. I liked the results but i guess it''ll fall tomorrow. What should be a good price to enter tomorrow? 2000?
781. sagar dasa |   Link |  Bookmark |November 14, 2021 10:01:21 PM
I like the results, delivered good revenue growth, profits are down due to advertising spends.
Investors can hold the stock for long term (5 to 10 years)
780. MeetPatel |   Link |  Bookmark |November 14, 2021 4:29:36 PM
Any update on Nykaa results?
780.1. Monster Zero |   Link |  Bookmark |November 14, 2021 6:07:33 PM
IPO Guru IPO Guru (3100+ Posts, 2800+ Likes)
Not uploaded yet
780.2. Scrip |   Link |  Bookmark |November 14, 2021 8:27:03 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
https://www.livemint.com/companies/company-results/nykaa-nykaa-q2-results-nykaa-q2-nykaa-shares-nykaa-q2-results-2021-nykaa-q2-2021-results-nykaa-quarterly-results-nykaa-q2-result-nyka-share-price-falguni-nayar-11636879342273.html
779. Ridhamic |   Link |  Bookmark |November 14, 2021 8:04:02 PM
What will be strategy for Monday?
Buy or sell on dips?
778. RajBreaks |   Link |  Bookmark |November 12, 2021 11:55:23 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
** 2400 On The Card Today ****

On Listing Day Said Above 2245 Is 2300 - 2350 - 2400.

It Made A High of 2248 For A Second.
Then Came Down Tried To Break 2245 Again And When It Broke 2245 ...
Now Near...2350.

Dont Sell This ...Dont Sell This...Dont Sell This ...Dont Sell This..

2700 - 3000 Very Soon (My Personal View)

Happy Investing.
778.1. RajBreaks |   Link |  Bookmark |November 12, 2021 1:46:53 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
2400 Done.

Next Eyeing For 2700 - 3000 Levels.

My Personal View.
778.2. DHARMENDRA SHARMA |   Link |  Bookmark |November 14, 2021 10:30:14 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
@RajBreaks,
Please Suggest For Sigachi And SJS Listing Estimate And Buying Levels
Thanks
777. Arjun Rajkot |   Link |  Bookmark |November 12, 2021 1:26:14 PM
IPO Guru IPO Guru (1000+ Posts, 1900 Likes)
RIP for those on twitter Valued FSN Very Very High Price.


FSN Just Begins it''s Journey Long way to Go.
Nifty Fifty Company.

Few Idiots on Twitter Trolled Me.
FSN gave them a Tight Slap.

Blast.

Rajkot Brokers Association
777.4. ultrasnow |   Link |  Bookmark |November 14, 2021 12:19:07 AM
Did not get allotment, bought 30 @ 2205 on listing day
Good call Arjun Rajkot
777.5. Amit Kumar yadav |   Link |  Bookmark |November 14, 2021 10:07:55 AM
IPO Mentor IPO Mentor (700+ Posts, 300+ Likes)
Sir, we all have benefited from your predictions and suggestions. Aap ka naam Arjun bhi aapko suit karta hai. Sahi arthon me aap Arjun hai. Bahut dhanyawad.😊🙏
776. Silent lion |   Link |  Bookmark |November 13, 2021 7:29:08 PM
Top Contributor Top Contributor (300 Posts, 100+ Likes)
Alloted 17 individual ac and all are hold..... For 3000... 3000 is beginning for nayakaaa
775. Vickey A |   Link |  Bookmark |November 11, 2021 6:40:14 AM
Gpay payment is failed and amount is not deducted from sbi account. Shares are credited into demat account. How to make payment now to registar?
Please advise
775.4. WANEGAONVILLAGE |   Link |  Bookmark |November 12, 2021 12:23:04 PM
They will deduct manual.. Soon you will get messages
775.5. VishalRanjan |   Link |  Bookmark |November 12, 2021 7:13:50 PM
has issue resolved for anyone?
774. Fedy |   Link |  Bookmark |November 12, 2021 1:09:17 PM
Dear
I still didn''t get mandate money release.
Any body have any idea when will it be released?
773. Fedy |   Link |  Bookmark |November 12, 2021 1:09:03 PM
Dear
I still didn''t get mandate money release.
Any body have any idea when will it be released?
772. Janaavar |   Link |  Bookmark |November 10, 2021 5:52:39 PM
Please Help. I applied ipo through gpay and i got allotement.
I can see stocks in my portpolio. But money from my account did not debited till now. Is anyone know when it will be debited. Thanks.
772.4. VishalRanjan |   Link |  Bookmark |November 11, 2021 7:00:12 PM
I am also having same issue. I applied through gpay and have sbi bank account. what to do in this situation?
772.5. Janaavar |   Link |  Bookmark |November 12, 2021 1:07:18 PM
Money debited now
771. Eagleye |   Link |  Bookmark |November 9, 2021 12:58:35 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
THE MOST RELIABLE
List of Mainboard IPOs IN THE PIPELINE
(Status as on 09th November 2021)


A) DRHP Filed – SEBI Approval *Overdue*: DRHP filed >2 months ago

1) Aadhar Housing Finance >>> DRHP filing date 24-Jan-21
2) UMA Converter >>> DRHP filing date 01-Jul-21
3) Gemini Edibles & Fats India >>> DRHP filing date 09-Aug-21
4) Keventer Agro >>> DRHP filing date 10-Aug-21
5) Fusion Micro Finance >>> DRHP filing date 11-Aug-21
6) Le Travenues Technology >>> DRHP filing date 13-Aug-21
7) VLCC Health Care >>> DRHP filing date 14-Aug-21
8) Prudent Corporate Advisory Services >>> DRHP filing date 17-Aug-21
9) Sterlite Power Transmissions >>> DRHP filing date 17-Aug-21
10) MedPlus Health Services >>> DRHP filing date 17-Aug-21
11) Tracxn Technologies >>> DRHP filing date 17-Aug-21
12) Rategain Travel Technologies >>> DRHP filing date 18-Aug-21
13) Emcure Pharmaceuticals >>> DRHP filing date 18-Aug-21
14) AGS Transact Technologies >>> DRHP filing date 19-Aug-21
15) Metro Brands >>> DRHP filing date 20-Aug-21
16) Maximus International >>> DRHP filing date 26-Aug-21
17) C.E. Info Systems >>> DRHP filing date 31-Aug-21
18) Infinion Biopharma >>> DRHP filing date 01-Sep-21
19) ESDS Software Solutions >>> DRHP filing date 03-Sep-21
20) Tamilnad Mercantile Bank >>> DRHP filing date 04-Sep-21
21) Healthium Meditech >>> DRHP filing date 06-Sep-21
22) India1 Payments >>> DRHP filing date 07-Sep-21
23) Vedant Fashions >>> DRHP filing date 10-Sep-21


B) DRHP Filed – SEBI Approval *Awaited*: DRHP filed <2 months ago

24) Hariom Pipe Industries >>> DRHP filing date 20-Sep-21
25) Puranik Builders >>> DRHP filing date 21-Sep-21
26) Electronics Mart India >>> DRHP filing date 22-Sep-21
27) Data Patterns (India) >>> DRHP filing date 22-Sep-21
28) Godavari Biorefineries >>> DRHP filing date 27-Sep-21
29) CMR Green Technologies >>> DRHP filing date 27-Sep-21
30) Sahajanand Medical Technologies >>> DRHP filing date 27-Sep-21
31) Uma Exports >>> DRHP filing date 28-Sep-21
32) Lava International >>> DRHP filing date 28-Sep-21
33) Waaree Energies >>> DRHP filing date 28-Sep-21
34) Abans Holdings >>> DRHP filing date 29-Sep-21
35) Veeda Clinical Research >>> DRHP filing date 29-Sep-21
36) Global Health >>> DRHP filing date 30-Sep-21
37) BVG India >>> DRHP filing date 30-Sep-21
38) Oravel Stays >>> DRHP filing date 30-Sep-21
39) Wellness Forever Medicare >>> DRHP filing date 01-Oct-21
40) Radiant Cash Management Services >>> DRHP filing date 11-Oct-21
41) GPT Healthcare >>> DRHP filing date 18-Oct-21
42) Capital Small Finance Bank >>> DRHP filing date 01-Nov-21
43) Delhivery >>> DRHP filing date 02-Nov-21


C) SEBI Approval *Received (<3 months)*:

1) Inspira Enterprises India >>> SEBI Approval 01-Nov-21
2) Tega Industries >>> SEBI Approval 29-Oct-21
3) CMS Info Systems >>> SEBI Approval 29-Oct-21
4) Go Fashion (India) >>> SEBI Approval 26-Oct-21
5) HP Adhesives >>> SEBI Approval 22-Oct-21
6) Anand Rathi Wealth >>> SEBI Approval 21-Oct-21
7) ESAF Small Finance Bank >>> SEBI Approval 20-Oct-21
8) Adani Wilmar >>> SEBI Approval 14-Oct-21
9) Penna Cement Industries >>> SEBI Approval 14-Oct-21
10) Star Health and Allied Insurance Co. >>> SEBI Approval 13-Oct-21
11) Skanray Technologies >>> SEBI Approval 08-Oct-21
12) One Mobikwik Systems >>> SEBI Approval 07-Oct-21
13) Popular Vehicles and Services >>> SEBI Approval 29-Sept-21
14) Paradeep Phosphates >>> SEBI Approval 22-Sept-21
15) Northern Arc Capital >>> SEBI Approval 03-Sept-21
16) Chemspec Chemicals >>> SEBI Approval 30-Aug-21
17) Shri Bajrang Power and Ispat >>> SEBI Approval 26-Aug-21
18) Go Airlines (India) >>> SEBI Approval 26-Aug-21
19) Ruchi Soya Industries >>> SEBI Approval 13-Aug-21

D) SEBI Approval *Received (>3 months ago)*:

20) Fincare Small Finance Bank >>> SEBI Approval 28-July-21
21) Supriya Lifescience >>> SEBI Approval 23-July-21
22) Jana Small Finance Bank >>> SEBI Approval 09-July-21
23) Medi Assist Healthcare Services >>> SEBI Approval 22-June-21
24) Shriram Properties >>> SEBI Approval 15-June-21
25) Utkarsh Small Finance Bank >>> SEBI Approval 03-June-21
26) Arohan Financial Services >>> SEBI Approval 23-Apr-21
27) Seven Islands Shipping >>> SEBI Approval 30-Mar-21
771.3. Display |   Link |  Bookmark |November 12, 2021 11:15:38 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Stop this spam.
771.4. common man |   Link |  Bookmark |November 26, 2021 8:53:14 AM
We do not need your "most reliable" messages, its just spamming the forum. You are already at top of ranked members list. What benefit you get by posting them ? We respect your knowledge and how you had helped forum members before. Please do not dilute.