Nykaa IPO Details: IPO for $ 3 Billion Valuation. 5 Banks for Share Sale.

Nykaa IPO Details: In this article, we are going to discuss the details of Nykaa IPO. This is one more addon in the Upcoming IPO in the India series. In this series, we give updates on the recent IPO going to list in the Indian stock market.

Last year Nykaa seeking around $3 billion in valuation. Which working for Initial Public Offering (IPO). Nykaa looks to raise around $500 million to $750 million from IPO listing.

Nykaa wants to expand its business in a market with the help of this IOP. Established in 2012. Founded by Falguni Nayar and was initially funded by family and friends.

Investments & acquisition

Initially funded by Founder Falguni Nayar and family and friends. The first institutional fund comes from TPG Growth in 2015, which acquire an 11.9% stake. TPG raise Rs 59.6 crore with a valuation of Rs 500.7 crore.

It is backed by 15 investors group.

Bankers firm for Nykaa IPO

• Kotak Mahindra Capital Co.
• Morgan Stanley
• Bank of America Merrill Lynch
• BofA Securities
• Inc. (previously known as Bank of America Merrill Lynch)
• Citibank and ICICI Securities

Tentative Issue Size

Company looking to raise $500 million to $750 million  ( ₹3,754 crore) via this IPO. And going to public in 2021.

Promoters

1. TPG Capital
2. Falguni Nayar

IPO Details

IPO Opening Date	2021
IPO Closing Date	2021
Face Value	–
IPO Price	–
Listing At	NSE, BSE
Market Lot	–

Also Read – ixigo IPO Details.

Tentative Date

Open Date of IPO	2021
Close Date IPO	2021
Basis of Allotment Date	2021
The credit of Shares to Demat Account	2021
Initiation of Refunds	2021
IPO Listing Date	2021

Promoter Holding

Pre Issue	Unknown
Post Issue	Unknown

Contact Details of Nykaa

104, VASAN UDYOG BHAVAN, S BAPAT ROAD, LOWER PAREL MUMBAI Mumbai City MH IN 400013

Website – www.nykaa.com

Email ID – [email protected]

Source – Economictimes, hindustantimes

Will update soon as data received.

Nykaa IPO FAQ