Nykaa raises ₹2,396 crores from 41 Anchor Investors

Written by on October 28, 2021

A Maharashtra primarily based magnificence, wellness and trend merchandise vendor FSN E-Commerce Ventures Personal Restricted aka Nykaa raised ₹2,396 crores from anchor traders on October 27, 2021 Wednesday earlier than the IPO. The Nykaa IPO to open on Thursday, October 28. The corporate allotted complete of 21,296,397 fairness shares to 174 anchor traders at a higher value band ₹1,125. The anchor traders checklist consists of 21 Mutual Funds by means of a complete of 93 schemes. The corporate goes to lift ₹5352 crores by way of IPO. Try the ultimate checklist of Nykaa Anchor Buyers given beneath:

Listing of Nykaa Anchor Buyers:

The IPO Committee of the Board of the Administrators of the Firm vide decision on October 27, 2021, in session with Kotak Mahindra Capital Firm Restricted and Morgan Stanley India Firm Personal Restricted (“International Coordinators and E-book Working Lead Managers” or the “GCBRLMs”), and BofA Securities India Restricted, Citigroup International Markets India Personal Restricted, ICICI Securities Restricted and JM Monetary Restricted (“E-book Working Lead Managers” for the provide or the “BRLMs” and along with the GCBRLMs the “Lead Managers”), has finalized allocation of 21,296,397 Fairness Shares in combination, to Anchor Buyers on the Anchor Investor Allocation Value of ₹ 1,125 per Fairness Share (together with share premium of ₹ 1,124 per Fairness Share). The main points are given beneath:

The Nykaa IPO to open on 28 October and closes on 01 November 2021. The value band is fastened at ₹1,080 to ₹1,125. Nykaa IPO software minimal bid is for 12 Shares (₹13,500) and most bid is 168 shares (₹189,000). The E-book Working Lead Managers of the IPO are Kotak Mahindra Capital Firm Restricted, Morgan Stanley India Firm Personal Restricted, BofA Securities India Restricted, Citigroup International Markets India Personal Restricted, ICICI Securities Restricted and JM Monetary Restricted.



To know more about latest IPO gmp please visit correctsuccess.com


Current track

Title

Artist