Nykaa IPO share allotment today: Application status available online; here is how to check
- The Nykaa IPO share allotment today: Find out how to check your status; know last quoted Nykaa IPO GMP.
Nykaa IPO share allotment today: Indian e-commerce company, Nykaa initial public offering (IPO) share allotment is expected to take place today when investors will find out the status of their application. At the end of the final day of bidding, which occurred last week from October 28 to November 1, 2021, FSN E-Commerce Ventures Ltd, the operator of the online beauty app, had been subscribed more than 81.78 times. The price range for the company was fixed at ₹1,085-1,125 per share. Nykaa shares were being valued at a strong premium (GMP) of ₹640 in the grey market last Friday, Live Mint quoted market observers as saying.
Following the Nykaa share allotment today, ineligible investors will get their refund of shares by November 9 and equity shares will be credited to the eligible investors by November 10. If you are one of the investors in the Nykaa IPO, then you can check the status online. The list of leading managers to the IPO includes Kotak Mahindra Capital, Morgan Stanley India, ICICI Securities, Bofa Securities India, JM Financial and Citigroup Global Markets India.
According to data from the National Stock Exchange (NSE), the Nykaa IPO got bids of over 216.59 crore shares against a total issue size of over 2.64 crore shares. Nykaa aims to use the profits from the IPO to expand its business by opening more retail stores and warehouses. It also intends to pay off some of its debt, which should reduce interest expenses and boost profitability.
How to check Nykaa IPO Allotment status
You can check the Nykaa IPO share allotment status as an applicant in two easy ways. You do not have to even get up of your chair as it is all available online at the click of a few tabs in your gadget' browser. You can check via BSE and on IPO registrar's website.
Status check via BSE - bseindia.com
First, you need to visit the BSE official website - https://www.bseindia.com/investors/appli_check.aspx - which will take you to a page titled ‘Status of Issue Application'.
There you need to provide the required information. Select the 'Equity' option and then enter your application number and the Permanent Account Number (PAN). Following that select 'FSN E-Commerce Ventures Ltd' under the 'Issue name' option. Once you confirm the reCaptcha checkbox and click 'search', it will show you your Nykaa IPO share allotment status.
Status Check via IPO registrar website - linkintime.co.in
Visit Link Intime India official website, https://www.linkintime.co.in/IPO/public-issues.html. In the drop-down menu, choose FSN E-commerce Ventures Limited – IPO and provide either the PAN, application number, or DP Client ID. and submit. You will instantly get your Nykaa IPO share allotment status.
Follow HT Tech for the latest tech news and reviews , also keep up with us on Twitter, Facebook, Google News, and Instagram. For our latest videos, subscribe to our YouTube channel.