Nykaa makes stellar debut on stock exchanges, shares list at a premium of almost 80%
By
Biju Kumar
New Delhi: Shares of FSN E-commerce Ventures, the parent company of Nykaa NSE 80.41 %, made a stellar debut on Dalal Street on Wednesday. The company’s shares were listed at Rs 2,001 on BSE on Wednesday, a hefty premium of 77.87 per cent over its issue price of Rs 1,125. On NSE, the scrip was listed at Rs 2018, a premium of 79.38 per cent.
Nykaa IPO was open for subscription from October 28-November 1 to raise Rs 5,352 crore from its primary stake sale.