Nykaa IPO is expected to open for subscription on 25th of April for investment in the equity shares. The company is looking to raise $100 million from the public. By offering shares at a price of $3 to $5, the company is eyeing a valuation of $300 million to $500 million. The company aims to get listed on the stock market by the end of this year.
Nykaa has been seen running multiple campaigns and campaigns related to benefits of investing in its IPO. The company is also planning to list its scrips on other stock exchanges. Any qualified investor can buy the scrips through the IPO subscribe on Nykaa’s website. The IPO subscription is open only to Non-Resident Indians (NRIs). Also, the subscriber will be subject to an investment cap of $50,000.
Nykaa is one of the tech-new companies peering toward the public venture course in 2021-22. Founder Falguni Nayar told a paper source that Nykaa will hit the market with a Rs. 5,351.92 crores IPO offer. It at first intended to send off a public proposal during 2020 yet deferred it . Right now, the organization is hoping to accomplish in general productivity before it hits the IPO route. It has as of late raised an undisclosed sum which esteemed the organization at USD 1.8 billion.
Nykaa is an online store which sells beauty products. It has a great collection of beauty products which are neatly categorized and displayed. The website is very well designed though it can be a little slow may be because of heavy traffic. The brand is new and innovative and the products are reasonably priced. Nykaa has signed some great celebrities to endorse their products and also has a section to read beauty tips and reviews. So, if you are interested in beauty products, I would definitely recommend you to visit Nykaa.
Nykaa is India’s first beauty platform, which is an e-commerce website and beauty destination for women. It’s an online store for all women who want to buy beauty products online. Nykaa has partnered with brands like Lakme, Jovees, Himalaya Herbals, Manhatten, VLCC, Revlon, Maybelline, Kama Ayurveda and many others. Nykaa has brands from categories like Makeup, Skin care, Fragrances, Hair, Skincare, Nail care and Bath & Body. Nykaa is merged with the global beauty retailer Sephora.
For Nykaa Shop Please Visit Official Website of Nykaa, You Can Buy Online Nykaa Fashion and Nykaa Products from here.