Nykaa IPO closes today: Check GMP, subscription details and more

Today is the last day to subscribe to the initial public offering of FSN E-Commerce Ventures, which is the parent company of Nykaa. Here is all you need to know.

The initial public offering (IPO) of FSN E-Commerce Ventures Limited, the parent company of Nykaa, closes for subscription today. The public offering saw solid response on the first two days of bidding and is going strong on the third day as well.

On the second day, Nykaa’s Rs 5,352 crore IPO was subscribed over 4.8 times and as investors placed bids for 12,77,48,892 equity shares compared to the total issue size of 2,64,85,479 shares. Nykaa’s public offering was fully subscribed on Day 1 as well.