Nykaa to file IPO, valuation to reach $4 billion

Photo: Justdial

Nykaa Set To Sail Through IPO; To Seek $4 Billion Valuation

Indian beauty brand Nykaa is heading towards filing for an initial public offering (IPO) that could value the brand at more than $4 billion. The leading beauty product brand, founded by Falguni Nayar will file its DRHP with the market regulator SEBI (Securities and Exchange Board of India) in the next few days. It plans to raise at least $400 million or more in revenue by selling 10% of equity. 

Thu, 29 Jul 2021 - 07:28 PM / by Prateek Chakradhar

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