Nykaa IPO

In the list of IPOs, here comes another brand to get listed on the share market, Nykaa. Nykaa is coming with the objective of raising ₹5000 crores IPO by the end of October. 

Here, the fresh issue consists of ₹630 crores with the Offer for Sale of 41,972,660 equity shares each having a face value of ₹1.

Want to know how good is the Nykaa IPO along with other various pieces of information over the date, price, GMP, and many more.

To check the details of the Nykaa IPO, let’s dive into the following segments one after another.

And here we go!!

Nykaa IPO Details

Before investing in the Nykaa IPO, it is essential to shed some light on the necessary parameters like the date, face value, market lot, the objective behind the IPO, and many more. 

Therefore, to gather the information on the same, why not let’s check the following table consisting of such information plus the data.

Why wait for more then? Let’s dive in!!

 

Doesn’t it excite you? If so, then why not check the Nykaa IPO date on which you can execute the bidding. For that, it is essential to jump to the following segments.

So let’s go!!

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Nykaa IPO Date

Before directing buying the IPO, it is important to pen down the important dates on which it is required to keep your eyes. 

It consists of opening, closing, allotment, amount refund dates, and many more.

To know the details of the same, let’s delve inside the following table.

And at last, the company will get listed in the share market on November 11, 2021. October 28, 2021, will be the date on which the IPO can be bought, and the Nykaa IPO application will be closed on November 1, 2021.

So, if you are willing to invest in this IPO then be ready with some of the essentials like Demat Account number, Bank account, and PAN card.

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Not having a Demat account yet? Fret not! Get in touch with our team and we will assist you in opening a Demat account online for FREE!

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Nykaa IPO Price

What is the price of the Nykaa IPO? What will be the price band of the Nykaa IPO? What will be the lot size of the Nykaa IPO? So these will be the queries that might be revolving in your head. Isn’t it? If yes, then there is no need to get fussed as the same segment will disclose the Nykaa IPO price in the following table. 

So, to gather the data, let’s dive in!!

To check the same, consider the following table. Now it is important to pen down the number of shares a lot carries in Nykaa IPO along with the minimum and maximum market lot size. 

 

Moreover, the traders can buy a maximum of 13 lots in the Nykaa IPO.Note: 1 lot of NYKAA IPO consists of 13 shares

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Nykaa IPO GMP

Basically, the GMP always indicates how the IPO will respond on its listing day. Grey Market Premium is a type of premium on which the shares of the IPO are exchanged in the grey market.

In short, the grey market represents the type of market at which the investors pay extra charges for buying the stocks of the particular company. 

This shows the popularity and value of the company’s stocks.

Therefore, to check how much the traders are willing to buy the stocks of Nykaa, consider the following table.  

 

Curious to buy Nykaa IPO? Wan

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How to Apply for Nykaa IPO?

Want to know the steps to proceed further? If so, then let’s start with the IPO applying procedure. As mentioned above, the basic requirements to apply for the IPO are:

• Demat Account
• Bank Account
• PAN Card

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In case you are not having a demat account, you can have it now. Just fill the details in the form below and we will assist you in opening an account online for FREE!

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After opening a demat account, you can easily buy Nykaa IPO with two types of procedures, consisting of:

• Online method
• Offline method.

The first online method for applying to the Nykaa IPO is ASBA. In this procedure, the amount will get blocked in the bank account.

The two condition arises here: 

• If the Nykaa IPO is allotted, the amount will get debited from the bank account.
• If the Nykaa IPO does not get allotted, the blocked amount will get unblocked.

The procedure of applying for an IPO through ASBA is quite simple.

• Login to the e-banking portal or to the trading platform
• Select Nykaa IPO by clicking on ASBA. 
• Enter the number of lots and bidding amount and submit the application.

Apart from ASBA, the other online method that helps in buying the Nykaa IPO is the UPI method.

Whereas the offline method includes the steps of downloading the form first, filling it and submitting it to the bank with the filled cheque by mentioning the amount.

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Should You Invest in Nykaa IPO?

To check whether to apply for the Nykaa IPO or not, it is important to consider the finances of the company.

To check the same, check the following table full of data of Nykaa for the financial year 2019, 2020, and 2021.

Overall, the company has shown growth and also covered up the losses in 2021 as compared to 2019.

Strengths of Nykaa IPO 

What are the potencies of the Nykaa IPO that allows the traders to proceed further? To check the same, it is essential to check the strengths of Nykaa IPO. Consider the following information to expand the knowledge.

• Nykaa is a lifestyle-focused consumer technology platform in India.
• For eminence and luxurious products, the brand is chosen platform in India.
• It is a business with profitable and robust growth.
• It is a company supported by a professional management team. In short, it is a founder-led business.
• The business is expanding along with consumer growth.
• Nykaa will grow Omnichannel capabilities.

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Risks Associated with Nykaa IPO 

Apart from the strengths, what are the issues that stand like a risk for the Nykaa IPO? To check the same, let’s consider the following information.

• The main drawback of the Nykaa IPO is that the company does not spend sufficient funds for improving the development infrastructure and research that can affect the performance of the company.
• Nykaa is still weak in supporting the customers through customer services. In short, the company is not efficient in handling customer grievances.

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Conclusion

Nykaa IPO can prove to be a good option for the traders after looking at the finances of the company. At the same time, the OFS of the company is higher that acts as a drawback for the traders.

Hence, it is more important to check the details of the company, and moreover, it can show the average gains to the investors. 

Therefore, check, compare and invest in Nykaa IPO.

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Interested in applying for the IPO, get started now by opening a Demat account with the renowned stockbroker online for FREE!