Nykaa Share Price range between the high and low prices over the past 52 weeks ₹120.70 – ₹315.44 & MARKET CAP 376.38B INR.
Nykaa Share Price Today – Live –
Nykaa Share Price – Financial Details –
Nykaa Share Price – History and Financial Details –
Nykaa is an Indian e-commerce company that specializes in beauty, wellness, and personal care products. The company was founded in 2012 by Falguni Nayar and has grown to become one of the largest online beauty retailers in India.
Nykaa went public on the Indian stock exchanges on November 10, 2021, with an initial public offering (IPO) of Rs. 5,352 crore ($720 million). The IPO was oversubscribed 81 times, with strong demand from retail investors, institutional investors, and foreign portfolio investors.
The Nykaa stock opened for trading on November 17, 2021, with an initial price of Rs. 1,125 per share. On its first day of trading, the stock closed at Rs. 1,103.15, down 1.94% from its opening price.
Since its listing, the Nykaa stock has shown strong growth, reaching a high of Rs. 2,425 on January 5, 2022. However, like many other stocks, it has also experienced some volatility. As of April 7, 2023, the Nykaa stock is trading at around Rs. 1,776 per share.
Overall, Nykaa has been performing well as a company, with its revenue growing at a compound annual growth rate (CAGR) of 65% from FY19 to FY21. The company has a strong brand image and a loyal customer base, and it is well-positioned to benefit from the growing demand for beauty and personal care products in India.
About Nykaa –
Nykaa is an Indian e-commerce company that specializes in beauty and wellness products. It was founded in 2012 by Falguni Nayar, a former managing director of Kotak Mahindra Capital Company. The company is headquartered in Mumbai, India, and operates through its website and mobile app.
Nykaa offers a wide range of beauty and wellness products from various national and international brands, including makeup, skincare, haircare, fragrances, personal care, and luxury products. The company also has its own line of products under the Nykaa brand.
In addition to its e-commerce platform, Nykaa has also established a presence in the offline retail space. The company has over 70 brick-and-mortar stores across India, offering customers a chance to experience the products firsthand.
Nykaa has received several awards and recognitions for its innovative business model and exceptional growth. In 2020, the company was valued at over $1.2 billion after raising $13.6 million in a funding round led by Steadview Capital.
Nykaa is committed to sustainability and ethical business practices. The company has launched several initiatives aimed at reducing its environmental impact, including reducing plastic packaging, increasing the use of recycled materials, and promoting sustainable sourcing of raw materials.
Overall, Nykaa has established itself as a leading player in the Indian beauty and wellness market, offering customers a wide range of high-quality products and exceptional customer service.