Nykaa To Launch IPO; Likely To Raise Rs 5,200 Crore
Nykaa, which makes beauty and fashion products, will launch its initial public offer (IPO) on October 28, ending on November 1, according to media reports. The company is excepted to raise Rs 5,200 crore, of which Rs 630 crore will be raised from primary issues. While 43.11 million shares will be available on offer for sale (OFS). Reportedly, the share's price could vary between Rs 1,120 to Rs 1,125.