Is Nykaa profit making?

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Is Nykaa profit making?

Nykaa’s consolidated net profit of Rs 1.2 crore for the quarter ending September, 2021, is down 95\% from Rs 27 crore reported in the same quarter last year and 69 per cent, compared with the June quarter. Our first half losses last year were Rs 25 crore and second quarter last year was just Rs 4.7 crore of profit.

What price will Nykaa be listed?

The Nykaa IPO opened for subscription from October 28-November 1, 2021. The company raised Rs 5,352 crore from its primary stake sale. Aayush Agrawal, Senior Research Analyst-Merchant Banking, Swastika Investmart, said Nykaa would be listed in the range of Rs 1,600-1,700, considering its current grey market premium.

Is Nykaa a loss making company?

In its first earnings report following the blockbuster market debut, Nykaa late on Sunday reported a consolidated net profit of 11.7 million rupees ($157,306.69) for the September quarter, compared with 274.7 million rupees a year earlier. Nykaa’s shares pared some losses to trade 3\% lower at 2,287.90 rupees.

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Is Nykaa over valued?

Nykaa has a market cap of Rs 1 lakh crore, which makes it more valuable than Britannia and Marico and Godrej Consumer. These three companies have cash flows, strong return on equity and have growths of 15\% to 20\%.

Is Nykaa IPO a good investment?

Now given the strong fundamental, the stock is certainly a buy and here we would point out what analysts suggest on Nykaa counter. Profit booking in the counter of Nykaa is expected to prolong for some more time and it can take the scrip to price levels between Rs. 2000-1800 levels.

Is Nykaa IPO listed?

Nykaa Share Price NSE: Nykaa shares made a strong listing on the stock exchanges today. Nykaa shares started trading at a premium of over 82\% at Rs 2,054 per share on the NSE as compared to its IPO issue price of Rs 1,125 apiece. On the BSE, Nykaa shares listed at Rs 2,063.

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Is it wise to invest in Nykaa?

How do you book profit in an IPO?

IPO Investment Tips

  1. IPO investment has Three day window.
  2. Never invest on First day or Second day.
  3. You should invest on Third day.
  4. Invest only if Subscription is more than 4 times.
  5. You should invest in Afternoon of Third day.
  6. This investment time will help you get more clear idea about Subscription status.

What is the lot size of Nykaa IPO?

12 equity shares
The total issue size of Nykaa IPO is ₹5,351.92 Crore, with the lot size of 12 equity shares at the IPO price range between ₹1,085-₹1,125.

Can I buy Nykaa IPO?

The company sells the products of 1200+ brands from all over the globe, 5.5 mn monthly visitors, 72\% repeated customers, and processes ~1.3 mn orders per month….Nykaa (FSN e-Commerce Ventures) IPO Closed.

IPO date 28 Oct 2021 – 01 Nov 2021
Price range 1085 – 1125
Minimum order quantity 12
(D)RHP View
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Is it good to buy IPO shares?

You shouldn’t invest in an IPO just because the company is garnering positive attention. Extreme valuations may imply that the risk and reward of the investment is not favorable at the current price levels. Investors should keep in mind a company issuing an IPO lacks a proven track record of operating publicly.