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FSN E-commerce Ventures Ltd. IPO Details

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FSN E-commerce Ventures was incorporated on April 24, 2012. The company is a a digitally native consumer technology platform, delivering a content-led, lifestyle retail experience to consumers under the brand name Nykaa

Bidding Dates
28 Oct 2021 - 01 Nov 2021
Subscription
81.78x Oversubscribed
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
₹13,5001141242.0 M₹1085 - ₹112555.73 %₹45540.3 M - ₹47219.2 MRHP DOC

FSN E-Commerce IPO SUBSCRIPTION STATUS

01 Nov '21
Total81.78x
Retail Individual Investor12.24x
HNI (NII) Investors112.02x
Qualified Institutional Buyers91.18x
Employees1.88x

FSN E-Commerce IPO overall subscription rate was 81.78 times the total available shares

FSN E-Commerce IPO retail subscription rate was 12.24 times in the retail segment

FSN E-Commerce IPO non-institutional investor subscription rate was 112.02 times in the non-institutional investor category

FSN E-Commerce IPO Qualified Institutional Bidder subscription rate was 91.18 times the available shares for Qualified Institutional Bidder

FSN E-Commerce IPO Employees subscription rate was 1.88 times in the Employees category

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional BuyersEmployees
Category Reservation10%15%75%-
01 Nov 2021
(Day 3)
12.24x112.02x91.18x1.88x
29 Oct 2021
(Day 2)
6.32x4.17x4.72x1.18x
28 Oct 2021
(Day 1)
3.5x0.6x1.39x0.68x

FSN E-Commerce IPO SUBSCRIPTION STATUS DETAILS

FSN E-Commerce had 42.0 M shares on offer

FSN E-Commerce IPO offer price was in the range ₹1085 - ₹1125

FSN E-Commerce IPO minimum Investment was ₹13500

FSN E-Commerce IPO issue size was ₹ 45540.3 M - ₹ 47219.2 M

FSN E-Commerce had a minimum lot size of 12 Shares per application

FSN E-Commerce NUMBER OF SHARES ON OFFER

Total42.0 M
Fresh Issue0
Offer for Sale42.0 M
Post Issue Promoter Holding %55.73 %

FSN E-Commerce IPO IMPORTANT DATES

Issue Open Date28 Oct 2021
Issue close Date01 Nov 2021
Allotment Date08 Nov 2021
Refund Date09 Nov 2021
Demat Account Credit Date09 Nov 2021
Listing Date10 Nov 2021
Listing on Exchange(s)NSE and BSE
FSN E-Commerce Allotment StatusExchange

FSN E-Commerce IPO subscription opened on 28 Oct 2021, and closed on 01 Nov 2021

IPO allotment for FSN E-Commerce was finalized on Monday, 08 Nov 2021

IPO listing for FSN E-Commerce was on NSE and BSE on Wednesday, 10 Nov 2021

FSN E-Commerce IPO LISTING GAINS

Issue Price (adjusted)187.5
Listing Open Price2001.0
Listing Close Price2206.7
Listing Gain%77.9%
Current Gain%77.1%

FSN E-Commerce Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
FSN E-Commerce Ventures Ltd.33215093.9371.21.78.913.94.310055.126.1199.4201.80.9221.1
Eternal Ltd.31530398670215.74.51.20.955760161.5366-30.60.444.8
Meesho Ltd.191.488472-73.76.4-31-17.213099.132.3-1357.765.6-2.6
Info Edge (India) Ltd.1225.37945154.81.124.23.834343.310.71449.850.722.450.7
Swiggy Ltd.280.877495.8-20.716.93.1-22.7-16.42356150.8-4154-33.3-13.6-1.2
CarTrade Tech Ltd.279313497.658.31.216.797.4869.822.322365.647.949

FSN E-Commerce IPO Reports

IPO NotePDF

ICICI Securities Limited

29 Oct 2021
IPO NotePDF

Trendlyne Analysis

29 Oct 2021
IPO NotePDF

Angel Broking

28 Oct 2021
IPO SubscribePDF

Ashika Research

27 Oct 2021
IPO NotePDF

Ventura

27 Oct 2021
IPO NotePDF

HDFC Securities

26 Oct 2021

FSN E-Commerce INFORMATION ON IPO ISSUE

About FSN E-Commerce

FSN E-commerce Ventures was incorporated on April 24, 2012. The company is a a digitally native consumer technology platform, delivering a content-led, lifestyle retail experience to consumers under the brand name Nykaa

Object of the Issue

1. Investment of Rs 420 million in certain of their subsidiaries, namely, FSN Brands and / or Nykaa Fashion for funding the set-up of new retail stores;
2. Rs 420 million towards capital expenditure to be incurred by the company and investment in certain of their subsidiaries, namely, Nykaa E-Retail, Nykaa Fashion and FSN Brands for funding the set-up of new warehouses;
3. Rs 1,560 million towards repayment or prepayment, of outstanding borrowings availed by the company and one of their subsidiaries, namely, Nykaa E-Retail;
4. Expenditure of Rs2,340 million to acquire and retain customers by enhancing the visibility and awareness of the brands; and
5. General corporate purposes.

FSN E-Commerce - PROMOTERS

Name
Falguni Nayar
Sanjay Nayar
Falguni Nayar Family Trust
Sanjay Nayar Family Trust

FSN E-Commerce Book Running Lead Managers

Kotak Mahindra Capital Company Limited

nykaa.ipo@kotak.com

Morgan Stanley India Company Private Limited

nykaaipo@morganstanley.com

BofA Securities India Limited

dg.Nykaa_ipo@bofa.com

Citigroup Global Markets India Private Limited

nykaaipo@citi.com

ICICI Securities Limited

nykaa.ipo@icicisecurities.com

JM Financial Limited

nykaa.ipo@jmfl.com

FSN E-Commerce Registrar to the Offer

Link Intime India Private Limited

nykaa.ipo@linkintime.co.in

FSN E-Commerce Strengths

Founder-led company with an experienced management team\

Strength

IPO FAQs

  • FSN E-commerce Ventures Ltd. IPO listing opened at Rs 2001.00 while the issue price was Rs 1125.00 giving 77.87% returns. After adjusting for subsequent bonus and splits, the stock trades at Rs 187.50 giving 77.07% gains since its IPO listing.

  • This IPO consists of an offer for sale of up to Rs 4,721.9 crore, of 41,972,660 shares. It also consists of a fresh issue of Rs 630.0 crore.

  • The promoters of the company are Falguni Nayar, Sanjay Nayar, Falguni Nayar Family Trust and Sanjay Nayar Family Trust.

  • The category allocation of qualified institutional buyers is 75.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 10.0%.

  • The price band of the IPO is Rs 1085.0 - 1125.0.

  • The IPO application opens on Oct 28, 2021 and closes on Nov 01, 2021.

  • The minimum lot size for the IPO is 12. The maximum lot size for the IPO is 168.

  • For all category investors, the minimum application amount for this IPO is Rs. 13,500.0, the maximum value for this IPO is Rs 189,000.0.

  • This IPO will be allotted on Nov 08, 2021.

  • The refund will be credited to your account on Nov 09, 2021.

  • The allotted shares will be credited to your demat on Nov 09, 2021.

  • FSN E-commerce Ventures Ltd.’s shares listed on the stock exchanges on Nov 10, 2021.