Business Standard

Nykaa raises Rs 2,396 crore from anchor investors ahead of IPO

The company has decided to allocate a total of 21,296,397 equity shares to anchor investors at Rs 1,125 a share, aggregating to Rs 2,395.84 crore

Nykaa, beauty care products
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Press Trust of India New Delhi
FSN E-Commerce Ventures Ltd, which runs online marketplace for beauty and wellness products Nykaa, on Wednesday said it has raised Rs 2,396 crore from anchor investors ahead of its initial share-sale, which opens for public subscription on Thursday.
 
The company has decided to allocate a total of 21,296,397 equity shares to anchor investors at Rs 1,125 a share, aggregating to Rs 2,395.84 crore, according to a circular uploaded on the BSE website.
 
BlackRock Global Funds, Fidelity Funds, Nomura, Government of Singapore, Monetary Authority of Singapore, Canada Pension Plan Investment Board, T Rowe Price, Tiger Global Investments Fund, Goldman

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