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    Nykaa IPO: Good investment opportunity in a profitable e-commerce business

    Nykaa's growth profile is superior to both its international peers as well as Indian retailers. Investors can subscribe to the public issue

    Nitin Sharma
    Bharat Gianani
    October 28, 2021 / 12:12 PM IST
    Nykaa IPO: Good investment opportunity in a profitable e-commerce business

    Nykaa's subsidiaries sell everything from beauty and wellness products to fashion garments & accessories.

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    Nykaa is India’s biggest online marketplace for beauty, personal care and fashion brands. The company delivered 17.1 million orders in FY21 and operates 80 offline stores in 40 cities across India. (image) Objects of the issue:  Out of the Rs 5,355 crore that Nykaa will raise, Rs 4,725 crore is an offer for sale. Promoters will offload shares worth Rs 540 crore while other shareholders will sell shares worth Rs 4,185 crore. The company will raise Rs 630 crore, out...

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