Nykaa IPO GMP

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

Apply For Nykaa IPO

BREAKING NEWS: in the list of IPOs, here comes yet another popular brand NYKAA! Nykaa IPO date has been revealed. Investors can now place their bids from 28th October 2021 till 1st November 2021. Although be careful, one might want to consider Nykaa IPO GMP and price before choosing a bid price to assure whether the IPO is worthy enough. 

Well, the price is pretty clear, Nykaa IPO is now following the bookbuild model, the price has been defined: ₹1120 to ₹1125. Anyone interested in this IPO can put their bid price as high as ₹1125 per share.

But the price does not limit here. There are many players in the market planning to bid for more at a higher price, and this increases the chances of listing of IPO at a higher value, this is called the Grey Market Premium. 

So, if you are planning to invest in this IPO then here is the detail of Nykaa IPO GMP. 

Nykaa IPO GMP Details

GMP plays an important role as based on the number of applications and bid price during subscription days, IPO listing price is decided. And the bid price also includes the players of the grey market. 

As the table above gives you a hint of the GMP price in the last four days. Currently, investors are willing to pay ₹670 extra on the defined price range to get an allotment. The GMP is not a fixed value for which prices keep fluctuating on a daily basis until the final price is decided or as can be said until the release of the IPO. 

But did you check the Nykaa IPO Price?

If not, then here is the detail.

Nykaa IPO Price

Nykaa is bringing an IPO with the objective of raising around 5000 crores. For this, it is bringing up the fresh issue of 630 crore shares and around 4721 crores having a face value of ₹1.

No doubt! many investors are planning for investing in it to reap the listing gains. Here is the detail of the price of Nykaa IPO.

How to Apply for Nykaa IPO?

If you too are interested in applying for the Nykaa IPO, then here is the simplest way for you. All that is required is the Demat account, Bank account and PAN card.

You can also place multiple bids of the IPO through Demat accounts registered with different PAN cards.

So, if you are having a demat account, then open your trading account and follow the steps below:

• Select the IPO option.
• Choose Nykaa IPO
• Place your bid and select the lot size.
• Select the payment mode (net banking or UPI)
• Confirm your bid.
• On allotment, the amount corresponding to your bid gets deducted from the bank account else it gets unblocked.

Now apply for the IPO by opening a Demat account in no time. Fill in your details and we will assist you in the account opening process.

Conclusion

So finally, in case you are looking for the Nykaa IPO to invest in, do not miss out on important details such as Nykaa IPO price, Nykaa IPO dates, company background, etc.

Also, before you apply, always make sure to do complete research beforehand and check your capital availability and financial targets, this will help in understanding your risk appetite in a much better way. 

Want to apply for the IPO, open a Demat account now. Get in touch with our team and we will assist you in choosing the right stockbroker and in opening a demat account online for FREE!