Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<ul><li>The price band for <keyword id="6376684" type="General" weightage="20" keywordseo="nykaa" source="Orion">Nykaa</keyword>’s IPO was set at ₹1,085-₹1,125.</li><li>The company’s market cap also breached the ₹100,000 crore mark within a few hours of its stock exchange debut</li><li>It will use the proceeds from the public issue to acquire new businesses and boost its operations.</li></ul>Nykaa made a strong debut on the stock exchanges on Wednesday, November 10, as its shares opened at ₹2,001 on the BSE. This is a premium of 77.87%. The shares were trading at ₹2,203 at 12:39 p.m., on November 10, representing a premium of nearly 96% over the issue price of ₹1,125. The company’s market cap also breached the ₹100,000 crore mark within a few hours of its stock exchange debut. Nykaa — which is a brand of the parent company FSN E-Commerce Venture Limited — was supposed to make its stock exchange debut on November 11, but the listing date was postponed by a day. The company had launched its initial public offering (IPO) on<a href="https://www.businessinsider.in/stock-market/news/nykaa-ipo-subscribed-1-56-times-on-first-day-today-is-the-second-day-to-subscribe/articleshow/87339302.cms"> October 28</a> and it closed on <a href="https://www.businessinsider.in/business/startups/news/nykaa-ipo-today-is-the-last-day-to-subscribe-grey-market-premium-at-700/articleshow/87370518.cms">November 1</a>. The allotment status of the IPO was announced on Monday, <a href="https://www.businessinsider.in/business/startups/news/nykaa-ipo-how-to-check-your-allotment-status/articleshow/87510136.cms">November 8</a>. The company has raised ₹5,352 crore with this public issue. Nearly ₹630 crore will be raised through fresh issue of shares. The price band was set at ₹1,085 to ₹1,125, and the lot size was 12 shares. At a price of ₹1,125, one lot cost up to ₹13,500. Nykaa’s issue was subscribed over 82 times at the end of the bidding process on November 1. The IPO received bids for 216 crore shares against 2.64 crore shares that were offered. A day before its IPO, on October 27, Nykaa raised ₹2,395.8 crore from 174 anchor investors. The Government of Singapore, Goldman Sachs, JP Morgan, Fidelity Investment Fund, JP Morgan Investment Trust, T Rowe Price and others participated in the round. Nykaa intends to use this capital for acquisition of customers as well as new businesses. The beauty and fashion ecommerce brand also plans to increase its international presence by foraying into the <a href="https://www.businessinsider.in/business/news/soon-to-be-listed-nykaa-plans-to-expand-to-middle-east-and-the-uk/articleshow/87257541.cms">Middle East as well as the United Kingdom</a>. The company will also use the capital to set up <a href="https://www.businessinsider.in/business/news/ipo-bound-nykaa-plans-to-set-up-more-retail-stores-and-warehouse-for-ecommerce/articleshow/87274137.cms">more retail stores and warehouses </a>to promote its ecommerce business. SEE ALSO <a href="https://www.businessinsider.in/business/startups/news/paytm-ipo-subscription-day-2/articleshow/87608830.cms">Half of Paytm’s shares have been subscribed so far — today is the last day to subscribe</a> <a href="https://www.businessinsider.in/science/news/nasa-is-pushing-its-human-moon-landing-back-to-2025-and-its-top-official-worries-china-will-beat-the-us-there/articleshow/87616430.cms">NASA is pushing its human moon landing back to 2025, and its top official worries China will beat the US there</a> <a href="https://www.businessinsider.in/business/startups/news/policybazaar-ipo-how-to-check-allotment-status/articleshow/87609021.cms">PolicyBazaar’s IPO will be allotted today — here’s how you can check the status</a>

Nykaa starts trading at ₹2,001, a premium of 77.87%

<ul><li>The IPO was open for subscription from September 28 to November 1.</li><li>The company announced the allotment of IPOs yesterday, November 8.</li><li>Initiation of refund procedure or unblock of amount in a bank account will begin from today, November 9.</li></ul>If you had applied for fashion and beauty ecommerce platform <keyword id="6376684" type="General" weightage="20" keywordseo="nykaa" source="Orion">Nykaa</keyword> initial public offering (IPO), the IPO allotment has been already done. The company announced the allotment of IPOs yesterday, November 8. The company received huge demand from investors, who had oversubscribed the IPO by 82.42 times. Overall, the IPO has received bids for 216 crore equity shares against the IPO size of 2.62 crore equity shares. If you have not checked whether you received the IPO allotment or not, <a href="https://www.businessinsider.in/stock-market/news/here-is-how-to-check-paras-defence-and-space-technologies-ipo-allotment/articleshow/86559437.cms">click here </a>and follow the procedure. For those who checked and have not been allotted the shares of the mutual fund company — the initiation of refund procedure will begin from today, November 9. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Initiation of refunds </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">November 9 </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Credit of shares to demat account </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">November 10 </td></tr><tr><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">IPO listing date </td><td style="border-left:solid #000000 0.75pt;border-right:solid #000000 0.75pt;border-bottom:solid #000000 0.75pt;border-top:solid #000000 0.75pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">November 11 </td></tr></tbody></table> Once the IPO result is released, all the applicants who got allotment will receive the share in their demat account on the date of listing. And the rest, who unfortunately didn’t get the allotment will receive their IPO refund on/before the end date of mandate. Usually, with the registered phone number on the investment platform, every applicant gets a message when shares are blocked and unblocked in their bank account. This indicates if one has received the IPO allotment or not. Most of you would have received a request for UPI ID while completing IPO transaction. After the submission, investors will receive a validity period. The IPO amount which is blocked in an investor account usually gets unblocked one day later the IPO allotment or before the end of the validity period. Here is the screenshot of an IPO mandate after the transaction is made through the UPI ID that has the validity period of the IPO. <div type="image" title="zerodha refund" height="900" width="1200" msid="87594520" hostid="261"></div> SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/corporates/news/spicejets-liquidity-turbulence-hits-worlds-largest-aircraft-leasing-companies/articleshow/87583233.cms">There are several problems ailing SpiceJet and the taxman knocking on its doors is just one of them</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/latent-view-analytics-ipos-grey-market-indicates-over-100-premium/articleshow/87585958.cms">Latent View Analytics IPO’s grey market indicates over 100% premium</a>

You Searched For "nykaa premium" and got 2 results

Nykaa starts trading at ₹2,001, a premium of 77.87%

Kritti Bhalla

Not received Nykaa IPO refund? Here are the things you should know about

Bhakti Makwana

Popular Keywords

Buying Guides