MC Interview | Nykaa deserves premium valuation and it'll remain for some time, says Karan Taurani of Elara Capital
Nykaa's valuations are at 100-150 percent premium as against the global valuations because the growth rate in India is far higher.
Nykaa IPO oversubscribed by 1.64 times on Day 2, QIB portion booked 1.39 times
The Nykaa and Nykaa Fashion operator aims to garner Rs 5,351.92 crore. It has mobilised Rs 2,396 crore from anchor investors.
Nykaa's valuations attractive, likely to ride on millennials bets for brands
Analysts feel that as Nykaa, owned by FSN E-Commerce Ventures Ltd, resonates with the millennials, who keep updating trends, the company has a potential to grow in lifestyle e-commerce space with its scalable business model
Customer acquisition is near term focus, and not maximising profitability: Falguni Nayar, Nykaa
Nykaa will stay more focussed on helping customers discover brands, and less on a private label
Pre-IPO Call with Management: FSN E-Commerce Ventures (Nykaa)
Conference Call with Nykaa (FSN E-Commerce Ventures) Management and Analysts ahead of their IPO. Listen to the full transcript.
Nykaa IPO opens Oct 28, price band at Rs 1,085-1,125 per share
At the top-end of the band, the beauty startup will be valued at Rs 53,200 crore