StopDownOpen the app

IPO

Nykaa files draft IPO papers with Sebi

By ·

Nykaa logo
Date
Company
Nykaa
What it does
Nykaa, beauty retailer
Kind
IPO
Amount
Rs 525 crore
Stage
IPO filing
Based in
Mumbai
Founded
2012

What they do

Nykaa submitted its draft offer papers to the market regulator, planning to raise Rs 525 crore by issuing fresh shares

What happened

Promoters and existing investors planned to sell up to 43.1 million shares in an offer for sale (existing holders selling)

Why it matters

Media reports then suggested an issue near Rs 4,000 crore at a company value of Rs 35,000 to 40,000 crore

The details

  • Nykaa filed its draft red herring prospectus (the first IPO document) in August 2021.
  • The fresh issue was set at Rs 525 crore.
  • Up to 43.1 million shares were offered by promoters and investors.
  • The papers did not state the total issue size.

Read it as a card in the app

More on Nykaa

Everything on Nykaa →