FSN E-COMMERCE VENTURES LIMITED IPO

FSN E-COMMERCE VENTURES LIMITED IPO

FSN E-COMMERCE VENTURES LIMITED IPO
` 1085 -
` 1125

Minimum Investment: 13,500 INR

Issue Highlights

  • 28-Oct-21
  • 1-Nov-21
  • ` 1085 - ` 1125 per share
  • ` 1 per equity share
  • ` 5,349 crores
  • 12 Shares
  • BSE & NSE
  • 75%
  • 15%
  • 10%

Why subscribe to FSN E-Commerce Ventures Limited (Nykaa) IPO?

FSN E-Commerce Ventures Limited (Nykaa) is a digitally native consumer technology platform delivering a content-led lifestyle retail experience to consumers. Since incorporation in 2012, they have invested both capital and creative energy towards designing a differentiated journey of brand discovery for their consumers. FSN E-Commerce Ventures Limited has a diverse portfolio of beauty, personal care and fashion products, including their owned brand products manufactured by them. As a result, they have established themselves not only as a lifestyle retail platform, but also as a consumer brand. FSN E-Commerce Ventures Limited offers consumers an Omni channel experience with an endeavor to cater to the consumers’ preferences and convenience i.e. Online channels include mobile applications, websites and mobile sites while the offline channel comprises 80 physical stores across 40 cities in India.

Objects of the Offer: The offer comprises of a fresh issue and an offer for sale. Out of the fresh issue component of ₹630Cr, ₹42cr is proposed to be invested in certain Subsidiaries for funding the set-up of new retail stores, another ₹42cr is to be used as capital expenditure for funding the set-up of new warehouses, ₹156cr is to be used for repayment and prepayment of borrowing, ₹234cr is to be used to acquire and retain customers and the balance amount is attributable to general corporate purposes. The offer for sale is comprised of 41,972,660 shares amounting to ~₹4,719cr (including discount for Employee reservation portion) and the proceeds would directly go to the selling shareholder.

Click here for complete report.

New Customer?
Open IIFL Demat Account



OPEN DEMAT ACCOUNT

If You Are An Existing
Customer




Subscribe Now