Nykaa IPO Share Allotment: Know latest GMP, listing date

The allotment status of Nykaa's initial public offering (IPO) has been announced. Bidders for the Nykaa IPO can check the status of their application on the registrar's website, Link Intime India Private Limited, or the BSE website. Nykaa's parent company, FSN E-Commerce Ventures Ltd, which operates an online marketplace for beauty and wellness products, had an IPO that was oversubscribed 82 times. On November 10, Nykaa shares will be credited to demat accounts. Nykaa's shares will be listed on the NSE and BSE on November 11.

According to NSE data, the Rs 5,352 crore Nykaa IPO received bids for 2,16,59,47,080 shares against the 2,64,85,479 shares on offer. Qualified institutional buyers (QIBs) received 91.18 percent of the votes, non-institutional investors 112.02 percent, and retail individual investors (RIIs) 12.24 percent.

FSN E-Commerce Ventures' initial public offering (IPO) included a fresh issue of equity shares worth Rs 630 crore as well as an offer for sale (OFS) of 4,19,72,660 equity shares by the promoter and existing shareholders. The offer's price range was Rs 1,085-1,125 per share. Prior to the IPO, FSN E-Commerce Ventures Ltd raised Rs 2,396 crore from anchor investors.

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