Nykaa IPO was subscribed 82 times on the final day of issue
Shares of e-commerce beauty giant Nykaa – the country’s first woman-led unicorn, will be listed on Thursday, November 11, after its initial public offering (IPO) concluded on November 1. The IPO of the consumer technology platform was subscribed over 82 times at the end of the bidding process.
The IPO of FSN E-Commerce Ventures Limited, Nykaa’s parent company – received bids for 2,16,59,47,080 shares against 2,64,85,479 shares that were on offer, and aims to raise Rs 5,351.92 crore through the issue.
Here’s how you can check the status of allotment on the website of BSE or the registrar’s website — Link Intime India.
Steps to check the status of allotment through the BSE website:
- Log in to https://www.bseindia.com/investors/appli_check.aspx
- Select Nykaa IPO from the list
- Enter your application number
- Provide your PAN number
- Verify that you are not a robot and click ‘submit’
Steps to check the status of allotment through the registrar’s website (Link Intime India):
- Log in to https://www.linkintime.co.in/IPO/public-issues.html
- Choose ‘FSN E-Commerce Ventures Ltd’ from the drop-down list
- Select one of the 3 modes — application number, client ID or PAN ID
- In application type, choose between ASBA and non-ASBA
- Then, submit details of the mode you chose earlier
- Fill Captcha and click ‘submit’
The sale of the shares was held between October 28 and November 1. The equity shares are expected to be credited tomorrow – November 10. Nykaa is scheduled to be listed on stock exchanges NSE and BSE on November 11, 2021.