Nykaa IPO: Nykaa IPO opens for subscription this week: Key issues to know earlier than you apply

NEW DELHI: TPG-backed FSN E-commerce Ventures (Nykaa) is all set to hit the first market with its Rs 5,352 crore IPO on Thursday. The IPO shall be a mixture of a contemporary problem and a suggestion on the market (OFS).

The corporate will make the most of web proceeds from the contemporary problem for establishing new retail shops. The remaining portion shall be thought-about for reimbursement of debt and enhancing the model visibility.

Listed here are key issues it is best to know in regards to the Rs 5,352-crore problem:

  1. When will FSN E-commerce Ventures or Nykaa IPO open for subscription?
    FSN E-commerce Ventures’ IPO will open for subscription on Thursday, October 28, and can shut on Monday, November 1.
  2. What’s the value band of FSN E-commerce Ventures IPO?
    The worth band of FSN E-commerce Ventures IPO has been mounted at Rs 1,085-1,125.
  3. What’s the lot dimension of FSN E-commerce Ventures IPO?
    Buyers can subscribe to FSN E-commerce Ventures IPO by betting for lots of 12 shares or in multiples thereof. On the higher vary of value band, one lot of the IPO is price Rs 13,500. A retail bidder can bid for a most of 14 tons.
  4. What does FSN E-commerce Ventures do?
    Integrated in 2012, FSN E-commerce Enterprise is the dad or mum firm of Nykaa and Nykaa Vogue. Nykaa is a digital shopper know-how platform, delivering a content-led, way of life retail expertise. It has a various portfolio of magnificence, private care and style merchandise, together with its personal manufacturers.The corporate runs the wonder and private care section by means of the Nykaa vertical. Its attire and equipment vertical is operated by means of Nykaa Vogue.It additionally operates an offline channel, comprising 80 shops throughout 40 cities in India in three completely different retailer codecs, as of August 2021.
  5. What’s the problem dimension of FSN E-commerce Ventures IPO?
    The difficulty includes a contemporary problem price Rs 630 crore and a suggestion on the market of as much as 4,18,72,660 shares price Rs 4,721.92 crore. On the higher finish of the value band, the problem dimension stands at Rs 5,351.92 crore.
  6. Who’re the traders taking part within the provide on the market of FSN E-commerce Ventures IPO?
    Promoter Sanjay Nayar Household Belief will promote as much as 48 lakh fairness shares by means of OFS, and traders TPG Development IV SF Pte Ltd and Lighthouse India Fund III will offload 54.21 lakh fairness shares and 48.44 lakh fairness shares, respectively.Amongst different traders, Yogesh Businesses & Investments Pvt Ltd, will promote 25.38 lakh fairness shares and JM Monetary and Funding Consultancy Companies will offload 9.14 lakh fairness shares.
  7. What’s the quota reserved for retail traders in FSN E-commerce Ventures IPO?
    The quota for retail traders in FSN E-commerce Ventures IPO is mounted at 10 per cent of the online provide. QIB quota is mounted at 75 per cent whereas for NII, the quota is reserved at 15 per cent.
  8. Is there any quota reserved for workers of the corporate in FSN E-commerce Ventures IPO?
    The corporate has reserved 2.5 lakh fairness shares of the whole problem dimension for workers.
  9. When will the idea of allotment be finalised for FSN E-commerce Ventures IPO?
    The finalisation of the idea of allotment is probably going by November 8 and the initialisation of refunds is probably going by November 9. In the meantime, credit score of shares within the demat account is probably going by November 10.
  10. On which date will FSN E-commerce Ventures IPO record?
    FSN E-commerce Ventures will make its market debut on November 11.
  11. The place may we test FSN E-commerce Ventures IPO allotment standing?
    Those that would bid for the problem can test the subscription standing on the web portal of Hyperlink Intime India Non-public Ltd, the registrar to the IPO.
  12. Who’re the main guide managers to the problem?
    Kotak Mahindra Capital Firm, Morgan Stanley India Firm, BofA Securities India, Citigroup International Markets India, ICICI Securities, and JM Monetary are the service provider bankers to the problem.
  13. How has FSN E-commerce Ventures carried out final 12 months?
    Nykaa recorded a 38.10 % development in income from operations at Rs 2,440.89 crore in FY21, in comparison with the earlier 12 months. It clocked a revenue of Rs 61.95 crore for FY21 towards a lack of Rs 16.34 crore the earlier 12 months.It generated EBITDA (earnings earlier than curiosity, tax, depreciation and amortisation) of Rs 161.43 crore and margin of 6.61 % for FY21.Throughout the quarter that led to June 2021, it clocked revenues of Rs 816.99 crore with a bottomline of Rs 3.52 crore.

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