Home / Companies / News /  Nykaa IPO subscribed 4.86 times

The initial public offering (IPO) of FSN E-Commerce Ventures Ltd, which owns Nykaa, was subscribed 4.86 times excluding the anchor book on Friday, the second day of the three-day offering.

As of 5 pm, the IPO received applications for 127.75 million shares against 26.28 million shares on offer, stock exchange data showed. The institutional investor category was subscribed 4.77 times, while the non-institutional category comprising high-net-worth individuals was subscribed 418% or 4.18 times.

Retail investors, whose investments cannot exceed 2 lakh per individual, subscribed to 6.34 times the 4.73 million shares on offer, data showed.

Separately, the Fino Payments Bank IPO was subscribed 51% on the first day of its three-day offering closing on 2 November.

The overall book, excluding the anchor allotment, was subscribed 0.51 times.

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less

Recommended For You

Trending Stocks

Get alerts on WhatsApp
Set Preferences My ReadsWatchlistFeedbackRedeem a Gift CardLogout