IPO
Nykaa lists on stock exchanges with 80% gain
By Startup Enthusiast ·
- Date
- Company
- Nykaa
- What it does
- Nykaa, beauty retailer
- Kind
- IPO
- Amount
- Rs 5,352 crore
- Stage
- Listing
- Based in
- Mumbai
- Founded
- 2012
What they do
Nykaa shares debuted on 10 November 2021 at Rs 2,018, about 80% above the issue price of Rs 1,125
What happened
The Rs 5,352 crore offer combined a Rs 630 crore fresh issue with a Rs 4,722 crore sale by existing holders
Why it matters
Listing value reached roughly Rs 1 lakh crore, even as the wider market fell that morning
The details
- Nykaa listed on NSE and BSE on 10 November 2021.
- It opened at Rs 2,018 against an issue price of Rs 1,125.
- The IPO price band was Rs 1,085-1,125.
- Grey market trades (unofficial pre-listing deals) had hinted at a large premium.
More on Nykaa
- Nykaa Fashion launches zero-commission brand accelerator1 October 2026 · Launch
- Nykaa and L’Oréal’s BOLD partner to back Indian beauty startups24 September 2026 · Partnership
- Nykaa posts strong Q1 and FY26 results13 September 2026 · Results
- Nykaa outlines long-term growth targets for fiscal 203012 September 2026 · Milestone
- Nykaa hosts third annual Best in Beauty awards8 August 2026 · Award
- Nykaa Q1 FY27 profit triples to Rs 80 crore4 August 2026 · Results
- Nykaa acquires 51% stake in Aminu for ₹32 crore4 August 2026 · Acquisition · ₹32 Cr
- Nykaa hires ex-Instamart executive for quick delivery28 July 2026 · People