FSN E-Commerce Ventures Limited IPO (Nykaa IPO)

FSN E-Commerce Ventures Ltd IPO (Nykaa IPO) Review

The firm runs a digitally native consumer technology platform that provides consumers with a content-driven, lifestyle shopping experience. The firm offers a comprehensive portfolio of beauty, personal care, and fashion items, including its own brand products, and has effectively positioned itself not just as a lifestyle online marketplace, but also as a popular consumer brand.
Online: As of 31 March 2021, it had 43.7 million total downloads across all mobile applications, and during FY2021, mobile applications accounted for 86.7 percent of its online GMV.

As of March 31, 2021, their offline channel consisted of 73 physical stores spread over 38 cities in India, with three main store layouts. Its physical stores provide a limited selection of items as well as a seamless connection between the physical and digital worlds.
It distributed over 2 million SKUs from 3,826 national and international brands to its consumers across business areas as of March 31, 2021. Its lifestyle portfolio includes goods for beauty, personal care, and fashion. The company has created business vertical-specific mobile applications, websites, and physical stores, allowing it to optimise its content and moderation for the convenience of beauty customers.

Subscription Dates28 October – 1 November 2021
Price BandINR1,085 – 1,125 per share
Fresh issueINR630 crore
Offer For Sale41,972,660 shares (INR4,554.03 – 4,721.92 crore)
Total IPO sizeINR5,184.03 – 5,351.92 crore
Minimum bid (lot size)12 shares (INR13,020 – 13,500)
Face Value INR1 per share
Retail Allocation10%
Listing OnNSE, BSE

 

FY2019

FY2020

FY2021

Q1 FY2022

Revenue

1,116.4

1,777.8

2,452.6

821.7

Expenses

1,148.1

1,790.3

2,377.3

818.6

Net income

(24.3)

(16.2)

59.8

3.7

Margin (%)

(2.2)

(0.9)

2.4

0.4

Earnings Per Share (EPS): INR1.34

Price/Earnings (PE ratio): 809.7 – 839.6

Return on Net Worth (RONW): 12.6%

Net Asset Value (NAV): INR11.0 per share

Date

Nykaa IPO GMP

Kostak

Subject to Sauda

9 Nov 2021

INR700

INR800

INR7,000

8 Nov 2021

INR600

INR750

INR6,500

3 Nov 2021

INR650

INR750

INR6,500

2 Nov 2021

INR650

INR750

INR6,500

1 Nov 2021

INR600

INR650

INR6,000

Listing Performance of FSN E-Commerce Ventures Ltd IPO (Nykaa IPO)

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain/Loss(%)

FSN E-Commerce Ventures Limited IPO (Nykaa IPO)

Nov 10, 2021

1125

2206.7

96.15

NSE: NYKAAEQ

ISIN code: INE388Y01029

BSE: 543384

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IPO Opening Date: 28 October 2021

IPO Closing Date: 1 November 2021

Finalisation of Basis of Allotment: 8 November 2021

Initiation of refunds: 9 November 2021

Transfer of shares to demat accounts: 10 November 2021

Listing Date: 10 November 2021

Opening Price on NSE: INR2,018 per share (up 79.38% from IPO price)

Closing Price on NSE: Coming soon

FSN E-Commerce Ventures Limited

A2, 4th Floor, Cnergy IT Park, 

Appasaheb Marathe Marg, 

Opposite Tata Motors, Prabhadevi,

 Mumbai 400 025, Maharashtra

Phone: +91 22 3095 8700

Email: nykaacompanysecretary@nykaa.com

Website: www.nykaa.com

Link Intime India Private Limited 

C-101, 1st Floor,

247 Park Lal Bahadur Shastri Marg,

Vikhroli (West) Mumbai – 400 083

Phone: +91 22 4918 6200

Fax: +91 22 4918 6195

Email: nykaa.ipo@linkintime.co.in

Website: http://www.linkintime.co.in

Category

Shares Offered

Day 1

Day 2

Day 3

QIB

1,43,52,511

1.39

4.72

91.18

NII

71,29,781

0.60

4.17

112.02

Retail

47,53,187

3.50

6.32

12.24

Employees

2,50,000

0.68

1.18

1.88

Total

2,64,85,479

1.55

4.82

81.78

FSN E-Commerce Ventures Limited IPO (Nykaa IPO) FAQ's

FSN E-Commerce Ventures Limited IPO (Nykaa IPO) is a main-board IPO of ₹[.] per equity shares of the face value of ₹1 aggregating up to ₹5,351.92 Crores. The issue is priced at ₹1085 to ₹1125 per equity share. The minimum order quantity is 12 Shares. The initial public offering (IPO) date Oct 28, 2021. The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and BSE.

The FSN E-Commerce Ventures Limited IPO (Nykaa IPO) opening date is Oct 28, 2021 and closing date is Nov 1, 2021.

FSN E-Commerce Ventures Limited IPO (Nykaa IPO) Market lot size is 12 Shares and the minimum order quantity is 12 Shares.

The Basis of Allotment for FSN E-Commerce Ventures Limited IPO (Nykaa IPO) will be done on Nov 8, 2021 and the allotted shares will be credited to your demat account by Nov 9, 2021. Check the FSN E-Commerce Ventures Limited IPO (Nykaa IPO) allotment status.

The FSN E-Commerce Ventures Limited IPO (Nykaa IPO) listing date is Nov 10, 2021.

 

FSN E-Commerce Ventures Limited IPO (Nykaa IPO) can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

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