FSN E–Commerce Ventures Limited IPO (Nykaa IPO)
(i) Incorporated in 2012, Nykaa has a diverse portfolio of beauty, personal care and fashion products, including its owned brand products manufactured by it.
(ii) Modes of business:
Online: Its online channels include mobile applications, websites and mobile sites.
Offline: Its offline channel comprises of 73 physical stores across 38 cities in India over three different store formats.
(iii) Business verticals:
Nykaa: Beauty and personal care
Nykaa Fashion: Apparel and accessories
(iv) Its beauty and personal care offering is extensive with 197,195 SKUs from 2,476 brands primarily across make-up, skincare, haircare, bath and body, fragrance, grooming appliances, personal care, and health and wellness categories. It manufacture its owned brand beauty and personal care products through third party manufacturers contracted. Such products which are sold under its owned brands such as “Nykaa Cosmetics”, “Nykaa Naturals” and “Kay Beauty”. Its owned brands are available on its online and offline channels, as well as for certain brands at third party retailers.
(v) Launched Nykaa Fashion in 2018, as a curated and managed marketplace with an endeavor to inspire consumers to make fashion and lifestyle choices that best suit them. Within these consumer divisions, it merchandise across several categories including western wear, Indian wear, lingerie, footwear, bags, jewellery, accessories, athleisure, home décor, bath, bed and kitchen in order to cater to the diverse consumers’ journeys across its platform.
(i) India’s leading lifestyle focused consumer technology platform
(ii) Proprietary technology stack
(iii) Consumer loyalty
Objects of the FSN E–Commerce Ventures Limited IPO (Nykaa IPO):
FSN E–Commerce Ventures Limited IPO (Nykaa IPO) Details:
|Open Date:||Oct 28 2021|
|Close Date:||Nov 01 2021|
|Total Shares:||4.75 Crores|
|Face Value:||₹ 1 Per Equity Share|
|Issue Type:||Book Building|
|Issue Size:||4000 Cr.|
|Lot Size:||12 Shares|
|Issue Price:||₹ 1085-1125 Per Equity Share|
|Listing Date:||Nov 11 2021|
Promoters And Management:
Financials of FSN E–Commerce Ventures Limited IPO (Nykaa IPO):
|Particulars (Million)||Mar 21||Mar 20||Mar 19|
|Cost of material consumed||382||173||2|
|Purchase of traded goods||14,956||11,787||7,852|
|Change in inventories||-460||-1818||-1252|
|Employee Benefit Expenses||2,836||1,956.00||1,172|
|Depreciation & Amortisations||671||595||308|
|Profit Before Tax||753||-124||-317|