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By: Hem - 01-Nov-2021

Nykaa IPO is all Set to Open on October 28: Key Things to Know Before Subscribing to the Issue

 India’s largest beauty and wellness retailer Nykaa is all set to release its IPO on 28 October, 6 days prior to the mega festival of India i.e Diwali. Through this IPO, the company is intending to raise about $ 500-700 million at a valuation of $4-5 billion by listing on the stock exchange. A lot of buzz has been seen regarding Nykaa IPO as it will be the second Indian tech startup that will open up to the world after Zomato. Nykaa IPO Size, Price Band, Important Dates and Other Details Objective of Nykaa IPO The company aims to utilise the raised money for the investment in fashion brands and to set up new retail stores. Also, the company aims to make use of the raised money for capital expenditure and other investment subsidiaries. Other funds that have been generated from the company will be utilised to repay the debts avail by Nykaa and its auxiliary Nykaa E-Retail. This way, the company is looking forward to enriching its brand awareness and visibility. Key Things to Know Before Subscribing to Nykaa IPO 1. IPO Dates & Details The bidding process of Nykaa will start on October 28 and end on November 1, 2021. The Nykaa IPO consists of a fresh issue of equity shares of Rs 630 Crore and an OFS (offer for sale) of 4.19 Crore equity shares by multiple shareholders including promoter and other investors. 2. Price Band Nykaa has consulted with several merchant bankers and fixed the price band at Rs 1085 to Rs 1125 per equity share. The one lot comprises 12 shares and it is expected to cost Rs 13,500. The total number of lots is 14 and it will consist of 168 shares which are expected to cost Rs 1,89,000. 3. Fund Raising At the upper band, FSN E-commerce plans to mop up Rs 5,351.92 and Rs 5,184.03 Crore from the lower band. 4. Key Financials Nykaa was founded in 2012 by Falguni Nayar, a banker turned businesswoman. The company offers a wide range of products via online platforms and is considered as one of the main profitable online beauty, fashion products aggregators, and personal care in the country. In FY21, the company has recorded a 38.10 per cent revenue growth from operations at Rs 2,440 crore as compared to the last year. Also, the company has managed to generate an EBITDA of Rs 161.43 Crore and a margin of 6.61 per cent for FY21. 5. Strength & Risks Strengths Nykaa is India’s leading online fashion store that is known for selling fashion, wellness and beauty products across websites, mobile apps and other offline stores. It has a capital-efficient business with a combination of huge growth and profitability. The company has a proprietary stack that has been evolved by keeping in mind today's challenges and future agility. Nykaa is a founder-led company supported by a professional management team. Risks Acquire new customers in a cost-effective manner. Dependence on the growth of the online e-commerce platform in India and its ability to respond to changing user behaviour on digital platforms. Retain existing consumers and maintain order levels. How to Apply for the Nykaa IPO? You can apply for Nykaa IPO by clicking on the link: https://bit.ly/HEMnykaaIPO Or you can drop us a mail at ipo@hemsecurities.com Call: 01414051061/62/63 Download HEM Tradestar App: https://bit.ly/HEMtradestar For additional information & risk factors, please refer to the Red Herring Prospectus Disclaimer: https://www.hemsecurities.com/Disclaimer
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ATTENTION INVESTOR:
1. Hem Securities Limited (HSL) and Hem Finlease Private Limited (HFPL) do not operate or endorse any groups on WhatsApp or any other such messaging sites or social media sites. We urge you to exercise caution and remain vigilant to protect yourself from such scams. Please note that any communication or transaction with the aforementioned individuals or similar groups claiming to represent HSL/HFPL- is not authorized by us. HSL/HFPL shall not be held liable for any losses, damages, or consequences arising from engagement with these fraudulent entities. 2. Investment in Securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit. 3. Prevent Unauthorized Transactions in your Demat and/or Trading account- Update your Mobile Number with your Depository Participant and Stock Brokers. Receive alerts on your Registered Mobile/ Email ID for all debit and other important transactions in your account directly from CDSL/Exchanges at the end of the day. 4. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. 5. Kindly note that as per NSE circulars No. - NSE/INVG/36333 dated November 17, 2018, NSE/INVG/37765 dated May 15, 2018 and BSE circular No.- 20171117-18 dated November 17, 2018, 20180515-39 dated May 15, 2018, trading in securities in which unsolicited messages are being circulated is restricted. The list of such stocks are available on the website of NSE & BSE. Investors are advised not to blindly follow the unfounded rumours, Tips given in social networks, SMS, WhatsApp, Blogs etc. and invest only after conducting appropriate analysis of respective companies. 6. Investors have to pay minimum 20% upfront margin of the transaction value to trade in cash market segment. 7. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs)( issued vide circular reference -- for NSE - NSE/INSP/45191 dated July 31, 2020 & NSE/INSP/45534 dated August 31, 2020 and for BSE - issued vide notice no. 20200731-7 dated July 31, 2020 & 20200831-45 dated August 31, 2020 and other guidelines issued from time to time in this regard. 8. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. 9. Hem Finlease Private Limited is engaged in Client based and proprietary trading on various stock exchanges. 10. Charges for Depository Services has been revised with effect from 02.10.2024 and Revised/Updated Tariff Structure is available under the Downloads section 11. Please read the Risk Disclosure Document and Do's & Don'ts prescribed by the Exchanges carefully before investing. Available under Downloads section as well 12. KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. 13. No need to issue cheque/s by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment. No worries for refund as the money remain in investor's account. 14. Kindly refer to NSE Circulars NCL/CMPL/49348 dated August 20, 2021, NCL/CMPL/49640 dated September 17, 2021 and NCL/CMPL/49764 dated September 29, 2021 for details on Segregation and Monitoring of Collateral at Client Level. 15. Whenever you are buying of Rights entitlements (RE), please note that such buying of RE shall not automatically result in credit of the Rights Equity shares in the your demat account and the you will have to apply for the Right Equity Shares in order to receive the same.