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Nykaa (FSN E-Commerce Ventures) IPO Detail

Nykaa (FSN E-Commerce Ventures) IPO Detail

Nykaa is one of the well-known e-commerce companies in India founded in 2012 by Falguni Nayar. Nykaa is an e-retailing beauty and personal care company in India, Company has 100% Authentic Brand Nykaa Makeup, with Domestic Brands, International Brands, Luxury & Prestige Brands, Premium Brands, Niche & Cult Brands, and 2400+ Brands, Skincare, Haircare, Bath & Body, Fragrance, Grooming Appliances, Personal Care and Health & Wellness categories. The company has about 76 offline stores, the company sells its products offline in these stores.

E-commerce beauty company Nykaa IPO or FSN E-Commerce Ventures IPO is set to be launched soon. The company has submitted documents DRHP with the market regulator SEBI (SEBI) for this, which has been approved by SEBI. The company is preparing to raise ₹4000 crores through this IPO. In which fresh equity shares of ₹525 crores will be issued, and also the promoters will reduce their stake through an offer for sale of 43,111,670 equity shares (OFS).

The promoters of the company will reduce their stake by 10% through offer and sale in which the Sanjay Nair family and other investors are TPG Growth IV, Lighthouse India Fund III, JM Financial (JM Finacial and Investment Consultancy Services). Other investors including Sunil Kant Munjal, Harinderpal Singh Banga, and Indra Banga are involved.

The funds from the company’s IPO will be used for investment in subsidiary companies, the opening of new retail stores, debt reduction, and general corporate purposes. The company’s portfolio is diversified and has a wide range of beauty, personal care, and fashion products.

Company Promoters

Falguni Nayar, Sanjay Nayar, Falguni Nayar Family Trust, Sanjay Nayar Family Trust

IPO Details

IPO Opening DateOct 28, 2021
IPO Closing DateNov 01, 2021
Issue TypeBook Built Issue IPO
Face Value₹1 per equity share
IPO Price ₹1085 - 1125 per equity share
Market Lot12 Shares
Min Order Quantity12 Shares
Listing AtBSE, NSE
Issue Size₹5,351.92 Cr
Fresh Issue₹630.00 Cr
Offer for Sale₹4,721.92 Cr
Retail Portion 10%

IPO Subscription (Bidding Detail)

Day 1 1.39x 0.60x 3.50x 0.68x - 1.55x
Day 2 4.72x 4.17x 6.32x 1.18x - 4.82x
Day 3 91.18x 112.02x 12.24x 1.88x - 81.78x

IPO Tentative Timetable

The Nykaa (FSN E-Commerce Ventures) IPO open date is Oct 28, 2021, and the close date is Nov 01, 2021. The issue may list on Nov 10, 2021.

IPO Open DateOct 28, 2021
IPO Close DateNov 01, 2021
Basis of Allotment DateNov 08, 2021
Initiation of RefundsNov 09, 2021
Credit of Shares to Demat AccountNov 10, 2021
IPO Listing DateNov 10, 2021

IPO Lot Size

The Nykaa (FSN E-Commerce Ventures) IPO market lot size is 12 shares. A retail-individual investor can apply for up to 14 lots (168 shares or ₹189000).

ApplicationLotsSharesAmount (Cut-off)

IPO Promoter Holding

Pre Issue Share Holding54.25%
Post Issue Share Holding

Company Financials:

For the year/period ended (₹ in Crs)

Financial Year Total Assets Total Revenue Profit After Tax
31-Mar-21 1302 2453 2377
31-Mar-20 1124 1778 1790
31-Mar-19 776 1116 1148

Objects of the Issue:

  • The company reported 61.95 crores of profit in 2021 against 12.43 crores of loss.
  • Nykaa Fashion launched its first store in Delhi.
  • Offline store formats are Nykaa Luxe, Nykaa On Trend and Nykaa beauty Kiosks.
  • Nykaa House of Brands: Nykaa Naturals, Nykaa Cosmetics, Kay Beauty.
  • Nykaa Fashion: Nykd by Nykaa, 20 Dresses, RSVP, Mondano, Likha,Pipa Bella.
  • In 2015 launched their in-house beauty products via Nykaa Cosmetics.
  • In 2019 acquired, a private women’s styling platform
  • Celebrities Partnerships: Katrina Kaif, Tapsee Pannu

Nykaa launched their PRO (premium membership program) in 2020 to provide special access to their users to buy or get an offer of professional beauty products via NYKAA App. Check out Nykaa IPO details.