Shares of Nykaa made investors rich, money doubled in a day

Nykaa IPO listing: Investors who put money in Nykaa’s IPO have become rich in a single day. The company has given a return of 96 percent to the investors on the day of listing itself. Nykaa sells beauty and wellness products online. The issue of the company was subscribed 82 times.

The stock made a high of Rs 2248
After the listing, today the company’s shares closed at Rs 2205.80 with a gain of 96.07 percent. Today, on the very first day, the company’s stock increased to Rs.100.80. Apart from this, if we talk about the high, then the stock has made a high of Rs 2248.

Listed on BSE at 77.86% premium
Today, the company’s stock was listed on the BSE at Rs 2,001 with a gain of 77.86 percent. After this, it rose 99.83 percent to Rs 2,248.10. At the end of trading, the stock closed at Rs 2,206.70 per share with a gain of 96.15 per cent.

Listed on NSE at 79.37 percent premium
Apart from this, the stock was listed on NSE at Rs 2,018 with a premium of 79.37 per cent and at the end of trading it closed at Rs 2,208 with a gain of 96.26 per cent.

The price band of the IPO was Rs 1,125
The market valuation of the company crossed the Rs 1 lakh crore mark on the BSE to reach Rs 1,04,438.88 crore. Earlier this month, the initial public offering (IPO) of FSN E-Commerce Ventures was subscribed 81.78 times. The price range was Rs 1,085-1,125 per share under the company’s Rs 5,352 crore IPO.

1.71 crore orders delivered
Talking about the business of the company, in the fiscal year 2021, the company had delivered 1.71 crore orders. Nykaa has around 80 offline stores in 40 cities across the country. In the last financial year, the company’s revenue had increased to Rs 2,441 crore and it earned a profit of Rs 61.9 crore.

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