FSN e-Commerce Ventures is a company owns by Nykaa. It is an online beauty and health product sales platform that gets lists on Wednesday. It is with a hefty premium of more than 79 %. This is against the issue price of Rs 1,125.
Shares of the company started at Rs 2,001, jumping 77.86 percent on the BSE. It then rose 89.24 percent to Rs 2,129.
The list price is at Rs 2,018 with a premium of 79.37 percent on the NSE. In BSE, the company’s market valuation is Rs 97,754.06 crore.
Earlier this month, 81.78 times more applications were received for the initial Public Issue (IPO) of FSN e-Commerce Ventures owns by Nykaa. Rs 5,352 crore IPO was under 1085-1125 per share.
Nykaa is a well-known brand in beauty and health product sales. It is one of the best and growing eCommerce platforms. It has all the top brands of beauty and health care. Products from Makeup, Skin, Haircare to personal care, and much more are available on this platform.
You can visit the website of Nykaa and choose your favorite branded product. Click on www.nykaa.com to visit their website.
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