Nykaa IPO ‘s finalization of basis of share allotment has been announced. The initial public offering (IPO) of Nykaa’s parent FSN E-Commerce Ventures Ltd, which runs online marketplace for beauty and wellness products, was subscribed more than 82 times at the end of the final day of bidding which was last week.
Allotment status : click here
Nykaa IPO was subscribed more than 82 times at the end of the final day of bidding that concluded on November 1.
The three-day share sale opened for subscription on October 28 and concluded on November 1. The IPO comprised of equity shares aggregating up to ₹630 crore (fresh issue) and an offer for sale (OFS) of up to 41,972,660 equity shares by promoters or existing shareholders. The price band of the public issue was fixed at ₹1,085-1,125 per share.
