Categories: Business

Nykaa’s shares made a dream debut; list of more than 79% premium

New Delhi: FSN E-commerce Ventures stock, which runs the online market for Nykaa’s beauty and health products, is registered with a large premium of more than 79 percent of the issue price of RS 1,125 on Wednesday.
The debut stock at Rs 2,001, reflects a surge of 77.86 percent in BSE.
Then enlarged 89.24 percent to Rs 2,129.
At NSE, it was registered at Rs 2,018, a premium 79.37 percent.
Permanent company market assessment at Rs 97,754.06 Crore on BSE.
The initial stock sales of the E-commerce FSN business subscribed to 81.78 times earlier this month.
IPO RS 5,352 Crore has a price range of Rs 1,085-1,125 per share.
The company has a portfolio of beauty, personnel care, and diverse fashion products, including brand products produced alone, under two vertical businesses – Nykaa and Nykaa Fashion.

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