FSN E-Commerce Ventures Ltd. IPO

A digitally native consumer technology platform, delivering a content-led, lifestyle retail experience to consumers with a diverse portfolio of beauty, personal care and fashion products.

RHP
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DRHP
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Open Date

2021-10-28

Close Date

2021-11-01

FSN E-Commerce Ventures Ltd. IPO Details

Check out the issue details for FSN E-Commerce Ventures Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 1125

Price Band

₹ 1085 - 1125

Issue Size

5352 Cr.

Issue Type

Book Built

Open

2021-10-28

Close

2021-11-01

Listingprice

₹ 2018

ListingGain

79.38%

Listing Date

2021-11-10

CMP

₹ 167.33

Current Return

-85.13%

FSN E-Commerce Ventures Ltd. News

FSN E-Commerce Ventures’ stepdown arm incorporates Wholly Owned Subsidiary in Dubai 13 Nov, 9:30AM FSN E-Commerce - Quaterly Results12 Nov, 3:54PM FSN E-Commerce - Quaterly Results12 Nov, 3:54PM FSN E-Commerce - Quaterly Results12 Nov, 3:54PM FSN E-Commerce Ventures informs about acquisition updates21 Sep, 2:14PM FSN E-Commerce Ventures informs about investor meeting 12 Sep, 10:12AM FSN E-Commerce - Quaterly Results13 Aug, 3:50PM FSN E-Commerce - Quaterly Results13 Aug, 3:50PM FSN E-Commerce - Quaterly Results13 Aug, 3:50PM FSN E-Commerce Ventures submits intimation of earnings conference call 7 Aug, 4:43PM FSN E-Commerce Ventures informs about board meeting6 Aug, 12:17PM FSN E-Commerce Ventures’ arm incorporates wholly owned subsidiary in Qatar5 Jul, 10:41AM FSN E-Commerce Ventures informs about allotment of equity shares14 Jun, 11:52AM FSN E-Commerce Ventures informs about investor presentation14 Jun, 9:56AM FSN E-Commerce Ventures informs about newspaper clippings 14 Jun, 9:44AM FSN E-Commerce Ventures informs about response to clarification 12 Jun, 4:26PM FSN E-Commerce Ventures’ arm incorporates Wholly Owned Subsidiary in Kuwait 7 Jun, 10:23AM FSN E-Commerce Ventures informs about secretarial compliance report27 May, 12:15PM FSN E-Commerce’s arm to make further investment in Nessa International Holdings22 May, 5:51PM FSN E-Commerce gets nod to make further investment of Rs 20 crore in FSN International22 May, 4:47PM

IPO Analysis Video

Watch this video to get all the information you need to make a rational decision.

Company Financials

You can get the following financial statements of FSN E-Commerce Ventures Ltd. as of now.

Exchange

NSE: NYKAA BSE: 543384

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

The details about the Nykaa IPO is as:

  • The issue size of the IPO is 5352 Cr.
  • The price band ranges from Rs 1085 to Rs 1125.
  • The shares will list on 10th November 2021.
  • The Employees of Nykaa will get a discount of Rs 100 on price band.
  • The latest tentative GMP of Nykaa IPO is Rs 750.
  • Nykaa IPO is subscribed 81.78 times as of 1st November 2021.

 

Nykaa IPO Valuation

The approx valuation of FSN E-commerce Ventures IPO, commonly known as Nykaa IPO, based on its price band and DRHP/RHP is:

Particulars Value
Upper Price Band 1125 Rs
Existing Shares (Qty) 46.7 Cr
Fresh Issue (Amount) 630 Cr
Market Cap 53,167 Cr
EPS (FY21) 1.39 Rs
PE Ratio 809x
Industry PE No peers

 

Nykaa IPO Issue Size

FSN E-commerce Ventures, commonly known as Nykaa IPO, the issue size is 5352 Cr. 

Issue Amount
Fresh Issue 630 Cr
Offer For Sale 4722 Cr

 

Nykaa IPO Market Lot

An Individual can apply for a minimum 1 lot of 12 shares and a maximum of 14 lots of 168 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 12 Rs 13,500
 Maximum 14 168 Rs 1,89,000

 

Nykaa IPO Subscription

Nykaa IPO is subscribed 81.78 times as of 1st November 2021. It is Oversubscribed as of now. The category-wise subscription is as follows:

Category % Offered Subscription
Qualified Institutional Minimum 75% 91.18 Times
Non-Institutional Maximum 15% 112.02 Times
Retail Individual Maximum 10% 12.24 Times
Employee 2.5 Lakh shares 1.88 Times
Total   81.78 Times

 

Nykaa IPO Grey Market Premium

As on GMP (Tentative)
5 November 2021 Rs 650
6 November 2021 Rs 650
7 November 2021 Rs 650
8 November 2021 Rs 700
9 November 2021 Rs 750

It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Find below the dates for Nykaa IPO:

Schedule Date
Basis of Allotment 8 November 2021
Refunds 9 November 2021
Credit to Demat Account 10 November 2021
IPO Listing Date 10 November 2021

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 187.66 145.81 187.7 275.46 257.96
Total Expenditure 184.12 148.6 171.64 318.22 337.89
Operating Profit 3.54 -2.78 16.06 -42.76 -79.93
Other Income 30.5 60.25 116.26 133.97 184.6
Interest 4.88 4.21 5.95 7.55 6.96
Depreciation 7.4 8.43 4.68 7.26 7.73
Exceptional Items 0 0 0 0 0
Profit Before Tax 21.76 44.83 121.69 76.4 89.98
Provision for Tax 6.69 8.64 18.18 19.32 -27.11
Net Profit 15.07 36.19 103.51 57.08 117.09
Adjusted EPS (Rs.) 0.01 0.01 0.04 0.02 0.04

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 14.55 15.06 47.41 285.25 285.6
Total Reserves 404.33 546.09 1502.54 1170.31 1341.85
Borrowings 0.15 0 0 0 0
Other N/C liabilities -21.66 -2.63 32.76 39.24 -21.53
Current liabilities 72.94 68.3 100.28 336.85 166.4
Total Liabilities 470.3 626.82 1682.99 1831.65 1772.31
Assets
Net Block 17.51 12.9 16.46 28.62 27.87
Capital WIP 0 0 0 0 3.91
Intangible WIP 0.68 0 0 0.89 5.24
Investments 52.49 69.58 379.48 461.28 640.86
Loans & Advances 138.01 216.56 312.82 225.29 410.5
Other N/C Assets 0.96 12.88 22.72 9.85 3.75
Current Assets 260.66 314.89 951.51 1105.72 680.18
Total Assets 470.3 626.82 1682.99 1831.65 1772.31
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 39.16 45.09 61.44 39.18 39.81
Profit Before Tax 11.94 17.32 55.29 23.93 21.79
Tax 1.27 4.2 -33.38 -18.3 5.63
Profit After Tax 10.67 13.12 88.67 42.23 16.16
Adjusted EPS (Rs) 0.04 0.05 0.31 0.15 0.06

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 52.18 0
Jun 2024 52.2 0
Mar 2024 52.22 0
Dec 2023 52.24 0
Sep 2023 52.26 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 21.76 44.83 121.69 76.4 89.98
Adjustment -8.33 -18.04 -61.72 -54.95 -93.39
Changes in Assets & Liabilities -101.76 -107.84 18.84 -7.6 -1.23
Tax Paid -2.51 -3.01 -6.8 -14.3 -26.55
Operating Cash Flow -90.85 -84.07 72.02 -0.44 -31.19
Investing Cash Flow 74.63 -67.09 -944.19 -41.34 -31.47
Financing Cash Flow 107.42 86.92 872.66 21.26 52.84
Net Cash Flow 91.21 -64.25 0.49 -20.51 -9.82
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