A clutch of large foreign as well as domestic funds have submitted bids worth over Rs 95,000 crore
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The action has shifted to the primary market now. The Nykaa IPO will open for subscription today. What factors are likely to keep traders and investors busy today?
The beauty startup's Rs 5,300-crore IPO opens for subscription on Thursday
Sources said the Falguni and Sanjay Nayar-promoted firm is looking to launch its maiden offering at valuations of more than Rs 45,000 crore ($6 billion)
Nykaa IPO: At the top-end of the band, the beauty startup will be valued at Rs 53,200 crore
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The Nykaa IPO opens for subscription on Oct 28. But valuation concerns and the need to examine wellness products personally before purchasing are some factors that analysts are concerned about
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41 companies have raised Rs 66,974 cr via IPOs so far this year; just Rs 173 cr shy of all-time high touched in 2017
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Shares of FSN E-Commerce Ventures, company that operates Nykaa beauty stores, are trading at a premium of over 50 per cent in the grey market ahead of its Rs 5,352-crore IPO
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Nykaa has acquired a majority stake in homegrown skincare brand Dot & Key, the first direct-to-consumer (D2C) beauty brand acquired by the IPO-bound beauty and fashion e-commerce platform. This is the first D2C (direct-to-consumer) beauty brand acquired by Nykaa and following this investment by Nykaa, Dot & Key will join Nykaa's stable of owned brands, Nykaa said in a statement on Friday. While the company did not disclose the financial details, Nykaa's red herring prospectus (RHP) shows it purchased 3,35,000 equity shares from the existing shareholders of Dot & Key for about Rs 46.9 crore and further subscribed to 3,57,143 equity shares for a consideration of about Rs 50 crore. "On September 28, 2021, our company acquired 51 per cent of the outstanding equity shares of Dot & Key Wellness Private Ltd (Dot & Key) through the subscription and purchase of equity shares. "Following this investment, Dot & Key became one of our owned brands and this investment will ..
As many as six companies, including Nykaa, Adani Wilmar and Star Health & Allied Insurance, have received capital markets regulator Sebi's go-ahead to launch initial share-sales. Apart from these, Penna Cement Industries, Latent View Analytics and Sigachi Industries too received Sebi's clearance to raise funds through the initial public offerings. These six companies, which filed their preliminary IPO papers with Sebi between May and August, obtained its "observations" during October 11-14, an update with Sebi showed on Monday. In Sebi parlance, issuance of observations implies its go-ahead to float the initial public offering (IPO). Going by the draft papers, the IPO of FSN E-Commerce Ventures Ltd, which runs online marketplace for beauty and wellness products Nykaa, comprises fresh issue of equity shares worth Rs 525 crore and an offer for sale (OFS) of 43,111,670 equity shares by promoter and existing shareholders. Those selling shares in the OFS are -- promoter Sanjay Nayar ..
Of the total fundraising, a large chunk would be garnered by technology-driven companies
A gauge of firms that listed in the past two years has outperformed the Nifty 50 Index by more than 40 percentage points this year, the biggest gap since 2014
The online beauty aggregator is looking to raise Rs 525 crore via fresh equity. According to media reports the company intends to raise a total of Rs 4,000 crore
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