Nykaa makes a strong debut, lists at over 79% premium above issue price

Nykaa Shares Listing Today Live News: Shares of FSN E-Commerce Ventures, which operates the online beauty e-commerce platform Nykaa, made a strong debut and got listed at a premium of over 79 per cent above their issue price in the stock exchanges today.

The scrip got listed at Rs 2018 apiece on the National Stock Exchange (NSE), thereby registering a gain of 79.38 per cent from its offer price of Rs 1,125, while on the BSE, it opened at Rs 2001, up 77.87 per cent from the issue price.

The stock continued its momentum and inched further up in the intraday trade touching a high of Rs 2,248.10 on BSE and Rs 2,248.00 on the NSE. The market capitalisation (m-cap) of the company also breached the Rs 1 lakh crore mark in the process.