Business Standard

Top headlines: Paytm IPO subscribed 1.89 times; Nykaa makes stellar debut

Business Standard brings you the top stories from today

Nykaa
Premium

Falguni Nayar (C-L), MD and CEO of Nykaa, along with her daughter Advaita (C-R), Bollywood actress Katrina Kaif and others attend the company's IPO listing ceremony at the NSE, in Mumbai (Photo: PTI)

BS Web Team
Beauty startup Nykaa surges to near $13-bn valuation in stock market debut

Shares of cosmetics-to-fashion platform Nykaa made a blockbuster opening on Wednesday, valuing the Indian company at near $13 billion, in the latest startup listing after food delivery firm Zomato's stellar debut in July.

Shares of FSN E-Commerce Ventures, the profit-making company that owns the Nykaa brand, soared 89.2% to Rs 2,129 after opening at Rs 2,018 in pre-open trade. Read more

Paytm's Rs 18,300-cr IPO gets subscribed 1.89 times on Day 3

Financial services firm Paytm’s initial public offering (IPO), worth Rs 18,300 crore, on Wednesday got

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in