The market debut of Nykaa라이브 바카라 shares on Tuesday is being keenly watched as its initial public offering (IPO) saw huge interest.
As per the stock market experts, Nykaa shares may list up to 95 per cent premium as they are expecting it to list in the range of바카라 웹사이트Rs 1900 to바카라 웹사이트Rs 2200 per share levels.
Not only that but market observers feel that the grey market is also signaling strong listing gain for the bidders as Nykaa IPO GMP today is바카라 웹사이트Rs 780,바카라 웹사이트Rs 15 up from its yesterday라이브 바카라 GMP of바카라 웹사이트Rs 765, reported Mint.
The company successfully raised Rs 5,351.92 crore through its public issue during its subscription period between October 28 to November 1.
Qualified institutional bidders had put in bids 91.18 times more, while the reserved portion for non-institutional investors was subscribed 112.02 times.
Commenting on Nykaa라이브 바카라 market debut, Ankur Saraswat, research analyst at Trustline Securities, told Moneycontrol that under a strong and profitable business model, the listing gain can be expected around Rs 750 per share or 66 percent over IPO price.
Similarly, Aayush Agrawal, senior research analyst, merchant banking at Swastika Investmart, expects Nykaa to get listed around Rs 1,600-1,700. ”Eyeing the recently listed new-edge business and Nykaa라이브 바카라 growth plan, we expect the company to perform much better,” he said.
Gaurav Hinduja, analyst at GEPL Capital, said Nykaa was subscribed 81.78 times at the end of day three. Considering the massive investor interest, we expect around a strong 60 percent premium on listing.
Nykaa is an Indian e-commerce company primarily into beauty, skin care and wellness products. It was founded by Falguni Nayar, a banker-turned-entrepreneur, in 2012. 바카라 웹사이트The company boasts of 256,149 stock-keeping units (SKUs) from 2,644 brands in beauty and personal care segment and around 2.8 million SKUs across 1,434 brands in the fashion segment. Although, majorly an e-commerce platform, its offline channel comprises of 80 physical stores across 40 cities in India.
Nykaa's key operating metrics have improved significantly over the years. “NYKAA라이브 바카라 revenues grew at a compounded annual growth rate (CAGR) of 48.2 per cent to Rs 2,441 crore in FY 2021 as compared to FY 2019. Contribution profit witnessed a CAGR growth of 46.3% to INR 735 crore,” according to their financial report.
