Nykaa IPO Price

Yet another good news has hit the market recently, the infamous cosmetic and beauty brand Nykaa is now coming up with its initial public offering, also called IPO. Many investors must have been waiting for this opportunity to finally know the Nykaa IPO price and accordingly invest in it.

As you must be aware, an IPO is basically the method through which the company makes its entry into the stock market; 

Although an IPO is known as the primary market where retail investors get to invest in shares of the stock that is yet to be listed for general trading in the secondary market.

Now you must be wondering what is the reason that a company launches its IPO and gets listed?

And it’s a plain answer, IPO is just another way to raise funds by the issuance of shares and eventually offering the ownership to the interested investors who desire to invest in the IPOs with the motive to claim listing gains.

Since its a funding method, it is quite obvious that the firm comes with an objective to either expand or use the funding for other corporate operations like marketing, etc leading to potential growth in the future. 

So, we are talking about Nykaa today. This organization too is entering the market with an objective to establish more retail stores and work towards the visibility of its brands.

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Nykaa IPO Price Details

Nykaa IPO date has been announced and one can now subscribe for the IPO from 28th October 2021 to 1st November 2021. 

Moving on to the IPO price details;

Looking at the table below, you’ll see that the defined price band for the IPO is ₹1120 to ₹1125. So this price band is the price at which interested retail investors can place their bids during the subscription of the IPO.

 

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NYKAA IPO Issue Price

Next comes the issue price, which basically is the worth of shares that the firm is planning to sell as they become available to the public for the first time, which in the case of Nykaa IPO is about ₹5351.92 crores.

In which fresh issue is of ₹630 cr whereas a high OFS has been reported, ₹4721.92 crores and this turns out to be approx 41.97 million shares. 

So anyone looking forward to investing here might want to reconsider the situation unless of course there are other parameters as well to look at before placing the bids.

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NYKAA IPO Market Lot Details

As we move to bid, the following table shows the details of the Nykaa IPO market lot;

• One lot consists of 13 shares and the investor can place the bid for a minimum 1 lot with the minimum investment amount being ₹14625.
• Whereas the maximum lot size that the individual can place the bid for is 13 lot value of which is ₹190125.

Although we still need to look at the most important question here; So now that you are aware of the Nykaa IPO pricing details, it becomes crucial to clearly analyze other details such as GMP, dates and then accordingly plan your investment.

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Nykaa IPO GMP

What is the price of the IPO in the Grey Market? How much more the investors are willing to pay for the Nykaa IPO?

Are you curious to know before making an investment decision?

Here are the details for the Nykaa IPO GMP till date.

 

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How to Apply for Nykaa IPO?

After gaining the complete information of the price of the IPO, if you are willing to apply for the IPO, then you can simply do it through the ASBA process.

The basic requirements for filling an IPO application is:

• Demat Account number
• Bank Account number
• PAN card

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If not have a Demat account, open it now for free by filling the details in the form below:

Once you open a Demat account, log in to the trading app and select the IPO option from the Menu. 

• Choose the Nykaa IPO.
• A new screen opens where you need to enter the bid price and the bid price at which you want to buy an IPO.
• Select the payment mode and click on ‘Confirm’.
• The corresponding amount gets blocked in your account.
• If you get the allotment, the amount the blocked amount will be debited or unblocked without any deduction.

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Is Nykaa IPO Good? 

Other than checking Nykaa IPO price, it is important to look the benefits or whether investing in this IPO is worthy for investors?

In order to answer that question, it would be fair to look at numbers as we all know numbers speak for themselves. 

Indeed the company is moving towards betterment and with IPO launch its obvious Along with the growth in operational revenue in the current year, the funding will be used to pay off a few debts and to move towards expansion.

And hence looking at the profit and loss, from the table it is pretty clear that the company has certainly made some good profits in FY2021 after confronting losses in the last two financial years. 

The parent company of Nykaa, FSN E-Commerce Ventures Ltd has made a move to boost brand awareness by opening new stores of its brands.

This thus proves their reliability quite a bit and then if you have enough capital for investment and your financial targets match your investment needs then why not!

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