Nykaa IPO share grant updates: know how to check the status of your online application

Nykaa IPO Share Allocation Updates: Know How To Check The Status Of Your Online Application | Photo credit: BCCL

New Delhi: Nykaa’s initial public offering (IPO) is expected to be awarded today, November 8. Its initial public offering (IPO) took place from October 28 to November 1, 2021 when it was subscribed 81.78 times.

The IPO received offers of over 216.59 crore (2, shares for a total issue size of over 2.64 crore ( shares. The shares to be allocated to Qualified Institutional Purchasers (QIB) were subscribed 91.18 times, while those of non-institutional investors were subscribed 112.02 times and that of Retail Investors (RII) was subscribed 12.24 times. . Separately, the shares of the employee segment were subscribed 1.88 times, according to data available on the stock exchange.

Nykaa’s IPO at 5,352 crore rupees includes a new issue of shares valued at 630 crore rupees and an offer to sell (OFS) of 41,972,660 shares by the promoter and existing shareholders.

Bidders can check the status of the share award on the Registrar’s website Link Intime India Private Limited here or on the ESB website here. Equity shares, once awarded, will be creditable on November 10, 2021. The company’s shares are expected to be listed on the major NSE and BSE stock exchanges on November 11.

Here’s how to check the award status of your Nykaa shares:

Via the IPO Registrar website (Link Intime India):

Visit the official website at https://www.linkintime.co.in/IPO/public-issues.html
– Click on ‘FSN E-Commerce Ventures Ltd’ in the drop-down list which includes the name of the companies. The name will only appear if the award is finalized
– You can select the type of ID you want to enter, such as customer ID, PAN ID or application number
Also select between the non-ASBA and ASBA options shown on the page
Enter the details of the chosen id and fill in the captcha
– Submit details and view Nykaa award status

You can also view the award status of the shares through the ESB:

– Visit the official website at https://www.bseindia.com/investors/appli_check.aspx
– Click on the equity option and select “FSN E-Commerce Ventures Ltd” from the drop-down list on the page
Enter your PAN card number and request number to log in
– Complete the security check and click on the search option
The attribution status of Nykaa shares will be visible on your screen

Founded in 2012 by former investment banker Falguni Nayar, as of August 31, 2021, Nykaa had accumulated 55.8 million downloads on all of its mobile applications. Unlike most startups, Nykaa has also achieved profitability, posting a consolidated net profit of Rs 61 crore for the year ended March 31, 2021 (FY21) compared to a loss of Rs 16.3 crore in FY20.

The beauty e-commerce startup offers 4,000 beauty, personal care and fashion brands through its website, app and some 80 physical stores.

Nykaa plans to use the proceeds of the IPO for expansion, establishing new retail stores and establishing new warehouses. It also plans to repay some of its debt, which should lower interest charges and further boost profitability.

About William G. Patrick

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