Nykaa changes status to public company ahead of IPO filing

Mumbai: Nykaa has changed its status from a private company to a public one ahead of its planned initial public offering (IPO), regulatory filings sourced through Tofler show.

In doing so, the omnichannel beauty and personal care products retailer follows firms such as CarTrade, MobiKwik, Paytm and PolicyBazaar that are also gearing up to go public soon.