According to subscription data, investors offered 4.35 billion shares for an offer size of 2.64 billion shares. The retail investors subscribed to 3.98 times the portion reserved for them, and employees submitted 78 percent bids for the portion reserved for them.
Qualified institutional investors purchased 1.39 times the reserved portion and 64% of the non-institutional portion was subscribed.
The operators of Nykaa and Nykaa Fashion plan to raise Rs 5,351,920 million through a public offering, of which Rs 2,396 billion was mobilized from anchor investors on October 27. The offer includes a reissue of Rs 630 billion and an offer by promoters and investors to sell shares worth Rs 4,721.92.