Nykaa IPO gets subscribed 82 times on November 1

According to subscription data, the offer attracted bids for 216.5 crore equity shares, compared to an IPO size of 2.64 crore equity shares.

New Delhi: The IPO of Nykaa and Nykaa Fashion operator FSN E-Commerce Ventures was subscribed 82 times by November 1, the issue's final day of bidding, which began on October 28.

According to subscription data, the offer attracted bids for 216.5 crore equity shares, compared to an IPO size of 2.64 crore equity shares.

Qualified institutional investors (QII) bid 91.18 times their reserved amount, while non-institutional investors bought 112.02 times their reserved portion.