Falguni Nayar Becomes India's Wealthiest Female 'Self-Made' Billionaire: Nykaa
Falguni Nayar, the founder of the beauty and fashion retailer Nykaa, on November 10 became India's wealthiest female self-made billionaire as per Bloomberg Billionaires Index. The market cap of the company also hit an overall valuation of $1 trillion on listing in the market on the same day. The 49-year-old founder started the venture in 2012 after quitting her job as the Managing Director of Kotak Investment Banking.
Tags: Nykaa, Investment Banker, Billionaire, Bloomberg, IPO
Courtesy: The Quint
NYKAA 'IPO' Fully Subscribed Within An Hour Of Opening
The Initial Public offering (IPO) of Nykaa, with a price band of 1,085-1,125 rupees per share has been open for public subscription on October 28. As per reports, on day one of its bidding, Nyka IPO has been totally booked within an hour, with a subscription of 0.19 times, and the retail portion booked with 1.02 times. The shares of the company issued is worth Rs 630 crores.
Tags: Nykaa, IPOs, India, SEBI, Indian Stock Market
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.
Tags: Nykaa, IPO, Beauty Product, Anchor Book, Share
Courtesy: Times Now
Nykaa: India's Beauty Brand Makes Place In Indian Tech Listings
Former investment banker Falguni Nayar's idea of an online beauty store has gained popularity in the Indian tech listings. Nykaa provides service to its customers in cities deprived of good brands of makeup, helping to build a loyal band of consumers. This amplifies the profits as well. If this continues, this brand that competes with huge international companies has a chance of becoming India's biggest beauty-selling entity.
Tags: Nykaa, makeup, Falguni Nayar, beauty store, Online