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Nykaa IPO Share Allotment Announced

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Nykaa IPO Share Allotment Announced: Nykaa IPO was subscribed more than 82 times at the end of the last day of bidding.

Nykaa IPO’s finalization of share allotment has been announced. The initial public offering (IPO) of Nykaa’s parent FSN E-Commerce Ventures Ltd, which runs an online marketplace for beauty and wellness products, was subscribed more than 82 times at the end of the final day of bidding which was last week.

[Direct Link] Nykaa IPO Share Allotment Announced: Click Here

The bidders can check the share allotment status on the registrar’s website Link Intime India Private Limited or BSE website.

The equity shares, once allotted, may be credited on November 10, 2021. The company’s shares are expected to list on leading stock exchanges NSE and BSE on November 11.

The three-day share sale opened for subscription on October 28 and concluded on November 1. The IPO comprised of equity shares aggregating up to ₹630 crore (fresh issue) and an offer for sale (OFS) of up to 41,972,660 equity shares by promoters or existing shareholders. The price band of the public issue was fixed at ₹1,085-1,125 per share.

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