FSN E-Commerce Ventures Limited, owners of the popular cosmetics and fashion brand Nykaa, has tapped the capital markets with its fresh issue for Rs 630 crs and an offer for sale of 4,19,72,660 equity shares in a price band of Rs 1,085 to Rs 1,125. The issue has opened on Thursday the 28th of October and closes on Monday the 1st of November. The size of the issue at the top end of the price band would be Rs 5,351.92 crs. Earlier the company completed allocation to anchor investors. The company allotted 2,12,96,397 equity shares at the top end of the price band of Rs 1,125 to 174 entities.
One third of the total allocation has been made to 21 mutual funds, through a total of 93 schemes. The full details of the allotment are given below: –
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