Nykaa IPO Date

Nykaa IPO

7.1

Company Background

7.0/10

Price Band

6.5/10

Financial Health

7.5/10

Industry Situation

7.0/10

IPO Proceeds Usage

7.5/10

Pros

  • Recorded a good profit
  • Continuously Expanding
  • Transparent Pricing

Cons

  • Private information is compromised
  • Price band is high

The fashion hub of India, Nykaa, is going to enter the share market after introducing its IPO, which will be released with an objective to raise ₹5000 crores consisting of the fresh issue of ₹630 crores along with 41,972,660 equity shares as Offer for Sale (OFS).  But what is the Nykaa IPO date?

Check the details of the opening, closing, allotment, and listing date of the public offering.

Nykaa IPO Date 2021 

Nykaa IPO price has been revealed now. You can place the bid between ₹1120-₹1125 to buy a minimum of 13 shares.

But when can you apply? What are the dates for this magnificent IPO of Nykaa? It will be discussed in this informative piece where different dates will be revealed, including:

  • The Nykaa IPO Date launch, which consists of the opening and closing dates.
  • The Nykaa IPO allotment date of when the shares will get allocated to traders along with the refund amount and shares credited dates.
  • Moreover, there is a Nykaa IPO date on which the shares will get listed in the stock exchanges.

Now, to get the gist of the above-mentioned Nykaa IPO Dates, let’s dive into the following segments.


Nykaa IPO Launch Date 

At first, let’s check the launch date of the Nykaa IPO, which includes the opening date and the closing dates. 

The traders can apply in the Nykaa IPO by taking these dates into consideration. To check the same, check the following table.

 

 


Nykaa IPO Allotment Date

After checking the opening and closing dates of the IPO, the following query will be the date of allotting the shares to the traders who applied for the IPO.

Likewise, why not check the following table to clarify the different Nykaa IPO date regarding the allotment, amount refunding and shares credited in the demat account.

Let’s dive in!!


The Nykaa IPO date of allotment is November 8, 2021, which means that the IPO shares will be allotted to the traders on the same day.The above table simply reveals various dates that display the following:

  • In case the trader does not get the IPO, the amount will get refunded to his account on November 9, 2021.
  • Whereas, on the other hand, if the trader gets the IPO, the shares will get credited to his Demat account on November 10, 2021.

It is important to keep up to date with the Nykaa IPO dates to perform and check the execution.


Nykaa IPO Listing Date

After all such activities of buying, allotment, refunds, and crediting shares date, what will be the date when the IPO gets listed in the share market.

Therefore, November 11, 2021, is the Nykaa IPO date for the listing, and on the same date, the stock will be made available for the traders to trade.

For applying to the Nykaa IPO, now, let’s check the procedure of how to apply for the IPO in the following segment.


How to Apply for Nykaa IPO

After looking at the information of the Nykaa IPO date, why not let’s start with the procedure of applying in the IPO. 

With the Demat account, an investor can simply apply for the Nykaa IPO with the two different procedures, i.e., 

  • Online
  • Offline 

ASBA, a procedure through which the amount will get blocked in the bank account. If the Nykaa IPO is allotted to you, the amount will get debited automatically. In case the IPO does not get allotted to you, then the blocked amount will get released or unblocked.

Let’s discuss the procedure right away. 

  • Simply log in to the e-banking portal from which you can apply for the Nykaa IPO through ASBA. 
  • Click ASBA and select the Nykaa IPO. Enter the bidding amount along with the number of lots you want to purchase.

Rather than ASBA, another online method is the UPI method. Again the amount will only get blocked in the bank account through the UPI method too.

The offline method includes the time-consuming procedure where it is important to first download the form and submit it by filling in the details along with the filled cheque mentioned with the amount which will get blocked after submitting it.


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Is Nykaa IPO is Good? 

Are you now aware of the different Nykaa IPO dates? If so, then what are you waiting for? Go and invest in the IPO? 

But wait!! Before directly moving for the application, did you know the different particulars under the financial statement? If not, then it is the right time to check the following table and compare the financial statements of the company in 2019, 2020, and 2021.

Here we go!!


Nykaa IPO seems to provide average returns to the investor by looking at the financials. The equity share capital of the company increases from 2019 to 2021. Apart from this, the net worth, operational revenue and other particulars also show the improved and increased numbers from 2019 to 2021.Nykaa IPO is coming with the huge OFS which sets a drawback for the traders. But along with this, there comes the financial statement that sets the transparent data of the company in front of the traders.

From losses of ₹264 million to the profit of ₹616 million, the company has grown and stood strong in the industry.

Other than this check the details of the Nykaa IPO GMP to get a better idea of the listing gains.

Hence, grab the good opportunity of applying in the IPO by opening a demat account today.

HAPPY TRADING!!


Apply for IPO now by opening a Demat account with the renowned stockbroker. Get in touch with us and we will assist you in choosing the right stockbroker and in opening a Demat account online for FREE!

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