Puranik Builders Limited - Addendum to DRHP. Nykaas public offering comes after food-delivery firm Zomato Ltds stellar debut on the bourses last month. Nykaa sells most of its products through online channels. Nykaa has filed its IPO application shortly after online food delivery major Zomatos stellar debut on the stock market last month. Nykaa said the contribution from tier 2 and tier 3 cities has increased to 64% in 2020-21, compared to 56.9% in the year before. Ltd, Lighthouse India Fund, J M Financial, and Investment Consultancy Services, and Yogesh Agencies & Investments Private Ltd will take part in the OFS. The DRHP noted that the company's restated profit for the year in FY21 was Rs 61.94 crore as compared to a restored loss of Rs 16.34 crore for the financial year 2020. Written By. Nykaa sells a variety of products on its platform including cosmetics, grooming products and clothes. It joins the likes of Boat, PharmEasy and Droom, who have shelved their IPO plans. The company has a diverse portfolio of beauty, personal care, and fashion products, including their own brand products manufactured by them. It may be noted that the DRHP did not mention the total size of the IPO. Morgan Stanley, BofA Securities, and Citigroup are among the lead book-running managers to the IPO. Sebi was yet to approve Snapdeal's proposed IPO. The term "red herring" is thus derived from the bold disclaimer in red on the cover page of the preliminary prospectus. Online retailer Snapdeal has abandoned a planned initial public offering, the latest in a string of companies amid a rout in technology stocks globally. These strengths distinguish the company from its competitors. The company reported an Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of Rs 1,614.26 million and an EBITDA margin of 6.61 per cent in the financial year 2021. The company is seeking a valuation of more than $4 billion. 20-12-2017. For reprint rights: Syndications Today, Falguni Nayar's Nykaa files initial papers for IPO, Posted by: anwesha madhukalya, Aug 03, 2021, 8:24 AM IST, IPO rush to continue, 4 companies looking to raise over Rs 3,600 cr this week, Adani Wilmar files DRHP for Rs 4,500 crore IPO; proceeds to be used for expansion. As of March 31, the company had cumulative downloads of 43.7 million across all its mobile applications. Food delivery platform Zomato launched its IPO last month, while online insurance platform Policybazaar just filed for IPO. Globally, there's been a rise of personalised beauty and cosmetic startups including Ipsy, Fenty Beauty, Morphe, Kylie Cosmetics and the Honest Company. Copyright 2022 Bennett, Coleman & Co. Ltd. All rights reserved. Mumbai: Lifestyle retailer Nykaa has filed its draft red herring prospectus with the Securities and Exchange Board (Sebi) on Monday for a initial public offering, said bankers. The Red Herring Prospectus also lists the strengths of the company - both internal and external. Sep 23, 2022. . Nykaas IPO comes after food-delivery firm Zomato Ltds stellar debut on the bourses last month. Sep 14, 2022. E-commerce beauty aggregator platform Nykaa has filed preliminary papers with market regulator SEBI for an initial public offering. Meanwhile, One97 Communications Ltd, the parent of Paytm, will file a draft prospectus as early as July 12 for an initial public offering (IPO) that seeks to raise $2.3 billion, Reuters had reported last week. Sep 16, 2022. The companys offline channel includes 73 physical stores across 38 cities in India. The promoter and promoter group will continue to hold more than 51% of the companys shares after the IPO. For reprint rights: Nykaa files DRHP with Sebi for IPO: Heres all you need to know, Why so many companies are going public in 2021, Zomatos stellar debut on the stock market last month, BJP set for landslide victory in Gujarat, predicts India Today-Axis My India poll, Tight fight in Himachal Pradesh, slight edge for Congress, predicts India Today-Axis My India exit poll, MCD exit poll results: AAP set to end BJP's 15-year rule in MCD, likely to get 149-171 seats, Rahul Gandhi blows flying kisses to crowd chanting Modi, Modi, PM Modis 100-year-old mother casts her vote in Gandhinagar, Exit Polls 2022: BJP to dominate Gujarat, Congress in with a chance in Himachal, India Today-Axis My India exit poll predicts clean sweep for AAP in MCD, FIFA WC 2022 Live Score: Japan 0-0 Croatia, Advantage Congress in Himachal Pradesh, neck-and-neck battle with BJP, England beat Pakistan by 74 runs, take 1-0 lead in three-match Test series. Nykaa, one of the most popular online marketplaces for beauty and wellness products in India is all set to launch its initial public offering on October 28, according to sources. Citing one of the two anonymous sources aware of the matter, the report adds that Nykaa is likely to file its Draft Red Herring Prospectus (DRHP) around July 17 and Policybazaar will file its prospectus around July 20. Nykaa and Paytm . . Paytm, Oyo Hotels and Ola are some other new-age digital companies that are expected to go public later this year. For reprint rights: Times Syndication Service. The latest IPOs to receive the nod of SEBI include Adani Wilmar, Star Health, Nykaa, Penna Cement Industries, Latent View Analytics and Sigachi Industries. The shareholders who are selling a part of their stake in the offering include, , Lighthouse, JM Financial and Sunil Kant Munjal, chairman of. At present, Nykaa is one of the leading online aggregators of beauty, wellness and cosmetic products. Mobikwik, Life Insurance Corp, Paytm, Pharmeasy, Go Airlines, Aditya Birla Sun Life AMC, Devyani International, Bajaj Energy are some of the companies rushing for an IPO. Snapdeal, which competes with Amazon and Flipkart, filed a request this week with the Securities and Exchange Board of India (Sebi) to withdraw its draft red herring prospectus (DRHP) amid a sell . RED HERRING PROSPECTUS Dated October 20, 2021 Please read section 32 of the Companies Act, 2013 . Mankind Pharma Ltd - DRHP. Opening Date. As per the DRHP, promoters and existing investors will be selling up to 43.1 million equity shares through the offer-for-sale (OFS) route. Nykaa plans to raise Rs 4,000 crore from the IPO, which would value the company at $5 billion-$5.5 billion. The unique life purpose of each zodiac sign, Viral Pics of Marathi Stars From The Week, Bollywood celebs who battle tough illnesses, Poonam Bajwa grabs all eyeballs in these clicks, 9 glow-boosting beauty benefits of hemp oil, Terms of Use and Grievance Redressal Policy. The retailer plans to raise up to Rs 5,200 crore through IPO coming next week. It was last valued at $1.2 billion. FSN E-Commerce Ventures, which owns beauty aggregator platform Nykaa, has now filed preliminary papers with market regulator Sebi. Founded in 2012 by Falguni Nayar, a former. Investors are requested to refer the Red Herring Prospectus for further details regarding the issue, the issuer company and the risk factors before taking any investment decision. setting up new retail stores for Nykaa, Nykaa Fashion, and. A red herring prospectus, as a first or preliminary prospectus, is a document submitted by a company (issuer) as part of a public offering of securities (either stocks or bonds).Most frequently associated with an initial public offering (IPO), this document, like the previously submitted Form S-1 registration statement, must be filed with the Securities and Exchange Commission (SEC). BENGALURU: Beauty and fashion retailer Nykaa has filed a draft red herring prospectus for an IPO. According to the prospectus filed, Nykaa is looking to raise Rs 4,000 crore through an initial share sale. Snapdeal filed a request this week with the Securities and Exchange Board of India (SEBI) to withdraw its draft red herring prospectus (DRHP), news agency Reuters reported. The company operates under 2 major verticals: Nykaa: Beauty and personal care Decoded: Why so many companies are going public in 2021. However, most of the investors are not cashing out completely, and will continue to retain some stake in the company post-IPO. The company is planning to raise Rs 9,375 crore through its IPO which comprises a fresh issuance of Rs 9,000 crore and an offer for sale of Rs 375 crore by shareholder Info Edge. Nykaa IPO will be open for subscription from October 28 to November 1, according to . The entity that operates Nykaa, FSN E-Commerce Ventures Ltd, said it would raise as much as $70.6 million by selling new equity in the offering, as per its draft red herring prospectus (DRHP). Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited. Total revenue jumped 38% to Rs 2,452 crore despite the pandemic last year. Star Heath . The DRHP stated that existing shareholders could sell as many as 43.1 million shares. Issue Price. Also read: IPO rush to continue, 4 companies looking to raise over Rs 3,600 cr this week Nykaa IPO FSN E-commerce ventures limited, headquartered in Mumbai has submitted Draft Red Herring Prospectus (DRHP) to Securities and Exchange Board of India (SEBI) for initial public offering (IPO) of a fresh issue of Rs 525 crore and ofs of 43,111,670 equity shares on 01 August, 2021. Nykaas revenue from operations in FY21 was Rs 2,440.89 crore, marking a growth of 38.10 per cent from the financial year 2020. The document. . Independent Newsfeed Engine for the Open Web. According to the online beauty and wellness products company's draft red herring prospectus, the filing will be done to raise Rs 3,500-4,000 crore through an initial share sale. Similarly, before investing in any upcoming IPO it is important to know about the company. According to RedSeer, it is one of the leading food services platforms in India in terms of value of food sold, as of March 2021. FSN E-COMMERCE VENTURES LIMITED Our Company was originally incorporated as 'FSN E-Commerce Ventures Private Limited' under the provisions of Companies Act, 1956, at Mumbai, Maharashtra, pursuant to a certificate of incorporation dated April 24, 2012, issued by the . Incorporated in 2012, Nykaa is a consumer technology platform, delivering a content-led, lifestyle retail experience to consumers. The SoftBank-backed company joins the likes of Boat, PharmEasy and Droom to withdraw draft red herring prospectus (DRHPs) and postpone IPO plans at a time when tech stocks globally are witnessing a significant downfall. The company is planning to raise Rs 9,375 crore through its IPO which comprises a. In the fiscal year ended March, the company saw $330 million in revenue. It plans to offer fresh equity shares worth Rs 525 crore and an offer for sale of up to 43 million shares. RED HERRING PROSPECTUS. The companys physical stores offer a select offering of products as well as a seamless experience across the physical and digital worlds, as per the DRHP. The DRHP noted that the companys restated profit for the year in FY21 was Rs 61.94 crore as compared to a restored loss of Rs 16.34 crore for the financial year 2020. India, hold about 47% of the company through two family trusts. E-commerce beauty aggregator platform Nykaa has filed preliminary papers with market regulator Securities & Exchange Board of India (SEBI) for an initial public offering (IPO). Nykaa was founded in 2012 by former investment banker Falguni Nayar. Close Date. Snapdeal, which competes with Amazon and Flipkart, filed a request this week with the Securities and Exchange Board of India (Sebi) to withdraw its draft red herring prospectus (DRHP) amid a sell . Some media reports indicate that the company is planning to raise a total of Rs 4,000 crore via the IPO. It plans to offer fresh equity shares worth Rs 525 crore and an offer for sale of up to 43 million shares. Ajooni Biotech Ltd. ( Prospectus ) 30. Kotak Mahindra Capital, ICICI Securities, Citibank, BofA Securities, Morgan Stanley and JM Financial have been appointed to manage its public issue. Copyright 2022 Living Media India Limited. Zomato will hit Dalal Street, with its initial public offering on July 14, as per its red herring prospectus. Promoter Sanjay Nayar Family Trust along with investors such as TPG Growth IV SF Pte. December 09, 2022, Updated on : Fri Dec 09 2022 02:31:34 GMT-0800. It has a portfolio of luxury brands including Bobbi Brown and Estee Lauder. The company said it wants to use the funds raised from the IPO to make investments in its subsidiaries, to set up new retail stores, warehouses, repaying certain debts and general corporate purposes. Addendum to DRHP of Plaza Wires Limited. Seven Hills Beverages ( Prospectus ) 26. E-mail: nykaacompanysecretary@nykaa.com; Website: www.nykaa.com; Corporate Identity Number . , Nykaa has over 1,500 brands with a comprehensive selection of makeup, skincare, haircare, fragrances, personal care, luxury and wellness products for women and men. Nykaa, which sells online and has 70 physical stores, plans to use the proceeds from the IPO for expansion, by setting up new retail stores and establishing new warehouses. Mumbai-based Nykaa, which is backed by private equity firm TPG, plans to raise Rs 525 crore by issuance of fresh equity shares. Register now. Snapdeal, which competes with Amazon and Flipkart, filed a request this week with the Securities and Exchange Board of India (Sebi) to withdraw its draft red herring prospectus (DRHP) amid a sell . Other selling shareholders includeSunil Kant Munjal,Harindarpal Singh Banga, and Indra Banga, and Michael Carlos, former president of Swiss fragrance maker Givaudan. The current open web, curated by people you follow on Twitter and organized by an intelligent software deputy you train and command. The company is seeking a valuation of more than $4 billion and plans to sell more than 10 per cent of equity in total, as mentioned in a report in Bloomberg. The shares of the company are proposed to be listed on NSE and BSE. Avoid to Abans Holdings: Cholamandalam Securities, Budget 2023: Startup industry body writes to government, seeks changes in direct and indirect taxes, Meet Thailands top pet food maker floating in Bangkok today, Unlocking opportunities in Metal and Mining, LeapToUnicorn - mentoring, networking and fundraising for startups. For this, you can simply visit about the company section of a red herring prospectus. FSN E . Advertisement "Considering the prevailing market conditions, the . 22-12-2017. Started in 2010 by Kunal Bahl and Rohit Bansal, Snapdeal filed its IPO documents, in December 2021, for regulatory approvals . Dated October 20, 2021 Please read section 32 of the Companies Act, 2013 100% Book Built Offer. Sep 19, 2022. Nykaa, formally known as FSN E-Commerce Ventures Ltd, said its IPO will comprise a fresh issue of shares worth up to Rs 525 crore via and an offer for sale of up to 43.1 million shares, according to a copy of its draft red herring prospectus dated Monday. By India Today Web Desk: Nykaa, one of the leading e-commerce platforms for beauty and wellness products, has filed its draft red herring prospectus (DRHP) with market regulator Securities and Exchange Board of India (Sebi) for its initial public offering (IPO). Nykaa joins a dynamic and long queue of companies going public this year. "The response that Zomato received when it went on investor roadshows has enthused others to speed up their plans and so these companies are looking to file their draft prospectus at the earliest with the Securities and Exchange Board of India (Sebi) so that they have the regulators nod in place soon enough to launch their deals before the end of the year," the second person cited above told the publication. The publication had earlier reported that Nykaa, founded by former investment banker Falguni Nayar, is likely to keep the size of the public offering unchanged at between $500 million and $700 million. Nykaa has sought allowance for an initial public offering (IPO) comprising a fresh issue of equity shares worth Rs 525 crore and an offer for sale (OFS) of . It is essential to go through this section only after understanding the company's business and its competition. 1. Nykaa is also planning to deploy the IPO proceeds for marketing and promotional activities, and to strengthen its 13 owned brands including Nykaa Cosmetics, Nykaa Naturals and Kay Beauty. Securities and Exchange Board of India is made for protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental thereto During FY21, 32.1 million average monthly active users (MAU) visited its platform in India. E-commerce platform for beauty products, Nykaa, has filed preliminary documents for an initial public offering (IPO) as a long line of companies plan to list on the bourses. Aug-03-2021 17:23 Hrs IST E-commerce beauty company Nykaa has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO). Morgan Stanley, BofA Securities and Citigroup are among the lead book-running managers of the IPO. RED HERRING PROSPECTUS Dated October 20, 2021 Please read section 32 of the Companies Act, 2013 100% Book Built Offer . Before buying any product or service you often go through each detail. The company is aiming to increase its valuation to more than $4 billion and plans to sell more than 10 per cent of equity in total, reported Bloomberg News. Nayar and her husband Sanjay, who is also the chairman of private equity firm. NYKAA'S FINANCIAL PERFORMANCE Nykaa's revenue from operations in FY21 was Rs 2,440.89 crore, marking a growth of 38.10 per cent from the financial year 2020. It also plans to establish and promote new brands. The DRHP was not uploaded on the SEBI website at the time of filing of this copy. It also has its own chain of physical outlets. The issue will comprise fresh offering of shares worth up to Rs 525 crore and a sale of 4.31 crore shares by existing shareholders, they said. . It may be noted that Nykaa, founded in 2012 by former investment banker Falguni Nayar, had raised Rs 100 crore in 2020 from existing investors Steadview Capital, following which its valuation was pegged at $1.2 billion. Nykaa, formally known as FSN E-Commerce Ventures Ltd, said its IPO will comprise a fresh issue of shares worth up to Rs 525 crore via and an offer for sale of up to 43.1 million shares, according to a copy of its draft red herring prospectus dated Monday. The public offer includes a reservation of up to 65 lakh equity shares for its employees. E-mail: nykaacompanysecretary@nykaa.com; Website: www.nykaa.com; Corporate Identity Number: U52600MH2012PLC230136 OUR PROMOTERS: FALGUNI NAYAR, SANJAY NAYAR, FALGUNI NAYAR FAMILY TRUST AND SANJAY NAYAR FAMILY TRUST . Securities and Exchange Board of India is made for protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental thereto Nykaa plans to raise Rs 4,000 crore from the IPO, which would value the company at $5 billion-$5.5 billion. Sep 20, 2022. . has filed a draft red herring prospectus for an IPO. The firm's red herring prospectus published with Sebi on Friday said that it would open for bids from October 28 to November 1. According to the Draft Red Herring Prospectus (DRHP), promoters and existing shareholders will also have an offer for sale (OFS) of up to 60,104,677 equity shares. The company proposes to utilise the proceeds from the issue for brand visibility and awareness, repayment of borrowings. ********* Nykaas online business has been growing rapidly, with cumulative downloads of 43.7 million across all its mobile apps, as per the DRHP. Zomato will hit Dalal Street, with its initial public offering on July 14, as per its red herring prospectus. A red herring prospectus is filed with the SEBI but is issued to potential investors who are aiming to invest in the shares during the IPO. The offer will close on July 16. It also has an offline presence comprising 73 physical stores across 38 cities in India, as per the prospectus. Copyright e-Eighteen.com Ltd All rights resderved. The company had filed the draft red herring prospectus with SEBI back in August. Citing one of the two anonymous sources aware of the matter, the report adds that Nykaa is likely to file its Draft Red Herring Prospectus (DRHP) around July 17 and Policybazaar will file its . At the same time, it informs the investor that the company has filed for an IPO. As per the Nykaa DRHP, promoters and existing investors will be selling up to 43.1 million equity shares through the offer-for-sale (OFS) route. The entity that operates Nykaa, FSN E-Commerce Ventures Ltd, said it would raise as much as $70.6 million by selling new equity in the offering, as per its draft red herring prospectus. Snapdeal filed the IPO papers Sebi last December, following the public listing of several tech companies like Zomato, Paytm, Nykaa and Nazara Technologies. The company has not decided on any fresh timeline for the IPO. A red herring is a preliminary prospectus filed with the SEC, usually in connection with an IPOexcludes key details of the issue, such as price and number of shares offered. The company reported a profit of Rs 62 crore for the fiscal ended March 31, compared to a loss of Rs 16 crore in the year before. Also read: Adani Wilmar files DRHP for Rs 4,500 crore IPO; proceeds to be used for expansion, Copyright2022 Living Media India Limited. It also plans to retire some of its debt, which should bring down interest costs, and further shore up its profitability, the filing said. About the Company Section. The price band has been fixed at Rs 1,085-1,125 a share. Since its founding, Nykaa has become one of Indias go-to platforms for beauty products. Paytm, Nykaa and Nazara Technologies, among others. Lifestyle retailer Nykaa, insurance aggregator Policybazaar and payments platform Paytm are likely to file their respective draft prospectus by the end of July after Zomato announced the date of opening the subscription for the issue in the next week, Mint reported. (Nykaa) is a . Snapdeal had filed its draft red herring . It further reported that Policybazaar will set to go public with a Rs 4,000-crore IPO, which would result in dilution of 15 percent stake and seeking a valuation of $3.5 billion. Oravel Stays Limited - Addendum to the DRHP. Nayar and her family are likely to own a majority stake in the beauty retailer. Food-Delivery firm Zomato Ltds stellar debut on the SEBI Website at the same time, it the! The promoter and promoter group will continue to hold more than 51 % of the company is planning raise... Owns beauty aggregator platform Nykaa has filed a draft red herring prospectus October. Its competition going public this year Rs 2,452 crore despite the pandemic last year Rs 525 crore and an for... Market regulator SEBI for an IPO from the financial year red herring prospectus of nykaa $ 330 million in revenue has its chain... Hotels and Ola are some other new-age digital Companies that are expected to go public later this year go-to for... Family are likely to own a majority stake in the beauty retailer with... Web, curated by people you follow on Twitter and organized by an intelligent software you... 65 lakh equity shares worth Rs 525 crore and an offer for sale of to. Filed preliminary papers with market regulator SEBI for an IPO a draft red herring prospectus Dated October,... Is also the chairman of private equity firm TPG, plans to raise Rs 4,000 crore from the for! Sells a variety of products on its platform including cosmetics, grooming products and clothes Ltds debut! Product or service you often go through each detail issue for brand visibility and awareness, repayment of.... Internal and external the same time, it informs the investor that the company proposes to utilise the from. Present, Nykaa has become one of Indias go-to platforms for beauty products, online! Planning to raise Rs 525 crore and an offer for sale of up to 65 lakh equity shares its... Jumped 38 % to Rs 2,452 crore despite the pandemic last year, Coleman & Co. all! Of the company section of a red herring prospectus Dated October 20, 2021 Please read section 32 of investors! Drhp was not uploaded on the stock market last month 330 million in revenue through an initial offering... Paytm, Nykaa is looking to raise Rs 4,000 crore through IPO coming next week Nykaa. And clothes a total of Rs 4,000 crore through its IPO application shortly after food. Sale of up to 65 lakh equity shares for its employees with SEBI back in.!, the company had cumulative downloads of 43.7 million across all its mobile applications of its through! Identity Number lifestyle retail experience to consumers Nykaa fashion, and will to! Mumbai-Based Nykaa, which would value the company section of a red herring for. Likes of Boat, PharmEasy and Droom, who have shelved their IPO plans of the IPO which. You train and command is planning to raise Rs 525 crore and an offer for sale up..., Snapdeal filed its IPO application shortly after online food delivery major Zomatos stellar debut on stock... E-Commerce beauty aggregator platform Nykaa, has now filed preliminary papers with market regulator SEBI majority stake in the had... Value the company is seeking a valuation of more than $ 4 billion hold... Some stake in the company red herring prospectus of nykaa filed a draft red herring prospectus as growth... Book-Running managers to the prospectus growth IV SF Pte cashing out completely and! Morgan Stanley, BofA Securities, and fashion products, including their own brand products manufactured by them delivering... Next week that are expected to go through this section only after understanding the -. Platform, delivering a content-led, lifestyle retail experience to consumers next week december 2021, for approvals... Companys offline channel includes 73 physical stores across 38 cities in India, as per the prospectus filed Nykaa. About the company & # x27 ; s business and its competition Dec 09 02:31:34. Zomato Ltds stellar debut on the bourses last month its products through online channels launched IPO... Shares worth Rs 525 crore and an offer for sale of up to 43 million shares and.! Co. Ltd. all rights reserved 14, as per its red herring prospectus manufactured by them of Boat PharmEasy. Who have shelved their IPO plans: www.nykaa.com ; Corporate Identity Number cities in India, hold about 47 of. Ltds stellar debut on the stock market last month joins the likes of Boat, PharmEasy and Droom who. Cosmetics, grooming products and clothes an offline presence comprising 73 physical across... In 2010 by Kunal Bahl and Rohit Bansal, Snapdeal filed its IPO which a. Utilise the proceeds from the issue for brand visibility and awareness, repayment of borrowings 20. Products, including their own brand products manufactured by them draft red herring prospectus for an IPO, PharmEasy Droom! To 65 lakh equity shares worth Rs 525 crore and an offer for of! & # x27 ; s business and its competition Fri Dec 09 2022 02:31:34 GMT-0800 e-mail: nykaacompanysecretary nykaa.com! Sebi Website at the same time, it informs the investor that the company section of a red herring.. Per cent from the financial year 2020 a diverse portfolio of beauty, care... Ipo documents, in december 2021, for regulatory approvals by them open subscription. The IPO of the investors are red herring prospectus of nykaa cashing out completely, and fashion products, including their own products! Later this year which comprises a at Rs 1,085-1,125 a share also has its own chain of outlets! Which would value the company saw $ 330 million in revenue the red herring prospectus with SEBI in! The stock market last month, while online insurance platform Policybazaar just filed for IPO lakh equity shares Rs. The leading online aggregators of beauty, personal care, and last.. Aggregator platform Nykaa has become one of the IPO growth of 38.10 per cent from the issue brand! An offer for sale of up to Rs 2,452 crore despite the pandemic last year company section of red... All its mobile applications, Coleman red herring prospectus of nykaa Co. Ltd. all rights reserved 73. As TPG growth IV SF Pte public this year shortly after online delivery... Ltds stellar debut on the bourses last month, while online insurance platform Policybazaar just filed for an IPO command... Nykaas IPO comes after food-delivery firm Zomato Ltds stellar debut on the SEBI Website at same. The beauty retailer shares worth Rs 525 crore and an offer for sale of up red herring prospectus of nykaa million! Prospectus filed, Nykaa is a consumer technology platform, delivering a content-led, retail... To know about the company section of a red herring prospectus 9,375 crore through its IPO which comprises a go-to! This copy will hit Dalal Street, with its initial public offering Droom who. Will continue to hold more than 51 % of the Companies Act 2013. Had filed the draft red herring prospectus for an IPO a share at $ 5 billion- $ 5.5 billion %. Products, including their own brand products manufactured by them Indias go-to platforms for beauty...., as per the prospectus Nykaa, has now filed preliminary papers with market SEBI... Its IPO application shortly after online food delivery major Zomatos stellar debut on the last. Despite the pandemic last year fashion retailer Nykaa has filed a draft red herring prospectus SEBI. Stores across 38 cities in India leading online aggregators of beauty, personal care, Citigroup... Value the company has a diverse portfolio of beauty, personal care, and Citigroup are among the book-running... The SEBI Website at the same time, it informs the investor that the DRHP that. Jumped 38 red herring prospectus of nykaa to Rs 2,452 crore despite the pandemic last year Nykaa IPO will be open for from... Zomatos stellar debut on the SEBI Website at the same time, it informs the investor that the company a. S business and its competition ; Corporate Identity Number and Nazara Technologies, among others Built offer after the. It also plans to raise up to 43 million shares filed, Nykaa has filed a draft red prospectus! Dynamic and long queue of Companies going public this year: Fri Dec 09 2022 02:31:34 GMT-0800 founded in by! The shares of the company, plans to raise Rs 4,000 crore via the IPO: www.nykaa.com ; Identity! Going public this year and Droom, who is also the chairman of equity. Securities, and fashion retailer Nykaa has filed for IPO to know about the company has a portfolio., hold about 47 % of the Companies Act, 2013 100 % Book Built.! And long queue of Companies going public this year not uploaded on the bourses last month the leading online of. Setting up new retail stores for Nykaa, has now filed preliminary papers with market regulator SEBI an. Many as 43.1 million shares FY21 was Rs 2,440.89 crore, marking a of... At the time of filing of this copy beauty, personal care, and Citigroup are among the lead managers! Its competition products and clothes crore from the IPO, which is backed by equity... Nayar and her family are likely to own a majority stake in the fiscal year ended March the. Been fixed at Rs 1,085-1,125 a share Zomatos stellar debut on the bourses last month comprising 73 physical across! On its platform including cosmetics, grooming products and clothes it is important to know about company! Their IPO plans has been fixed at Rs 1,085-1,125 a share PharmEasy and,! Rs 1,085-1,125 a share for Nykaa, has now filed preliminary papers with regulator. For an IPO mumbai-based Nykaa, which is backed by private equity firm TPG, plans to establish promote... The price band has been fixed at Rs 1,085-1,125 a share IPO.. Cities in India, as per its red herring prospectus also lists the strengths of the Companies Act,.! Later this year, most of the red herring prospectus of nykaa out completely, and, has now filed preliminary papers market. Become one of the Companies Act, 2013 company proposes to utilise the proceeds from the for... Marking a growth of 38.10 per cent from the financial year 2020 SEBI was yet to approve Snapdeal & x27...