New Delhi: Shares of FSN E-commerce Ventures, which runs online marketplace for beauty and wellness products hero, is listed with a hefty premium of over 79 per cent against the issue price of Rs 1,125 on Wednesday.
The stock opened at Rs 2,001, showing a jump of 77.86 per cent BSE, After this it increased by 89.24 percent to Rs 2,129.
It was listed on NSE at Rs 2,018 with a premium of 79.37 per cent.
The company’s market valuation on the BSE stood at Rs 97,754.06 crore.
Earlier this month, the initial share sale of FSN E-commerce Ventures was subscribed 81.78 times.
The IPO of Rs 5,352 crore was priced at Rs 1,085-1,125 per share.
The company has its two business verticals – Nykaa and Nykaa Fashion,
The stock opened at Rs 2,001, showing a jump of 77.86 per cent BSE, After this it increased by 89.24 percent to Rs 2,129.
It was listed on NSE at Rs 2,018 with a premium of 79.37 per cent.
The company’s market valuation on the BSE stood at Rs 97,754.06 crore.
Earlier this month, the initial share sale of FSN E-commerce Ventures was subscribed 81.78 times.
The IPO of Rs 5,352 crore was priced at Rs 1,085-1,125 per share.
The company has its two business verticals – Nykaa and Nykaa Fashion,
,