NYKAA IPO GMP TODAY (LIVE DATA) Latest Grey Market Premium Updates

NYKAA IPO GMP Today, Nykaa IPO Grey Market Premium Updates | Nykaa IPO Listing Gain, Latest target, Opening gain

FSN E-Commerce Ventures Private Limited aka Nykaa IPO date fixed, the initial public offer (IPO) to hit the market on October 28, 2021. Nykaa IPO to raise ₹5352 crores via IPO that comprises fresh issue of ₹630 crore and offer for sale up-to 41,972,660 equity shares of ₹1 each. The retail quota is 10% with QIB 75% and HNI 15%.

Nykaa is a consumer technology platform, delivering a content-led, lifestyle retail experience to consumers. The company has a diverse portfolio of beauty, personal care, and fashion products, including their own brand products manufactured by them.

It offers a vast range of cosmetics, skincare, hair care, fragrances, personal care, luxurious, and wellness items for females and males, with over 1200 100% authentic products and six warehouses around India that store lakhs of well-curated, well-priced items.

Check out Nykaa IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

NYKAA IPO Details:

Issuer NYKAA Limited
Issue Type Book Built Issue IPO
Issue Period Issue Opens: OCT 28, 2021
Issue Closes: NOV 1, 2021
Price Brand ₹1085 to ₹1125 Per Share
Issue Size ₹5351.92 Cr
Face Value Rs.1 per Equity Share
Market Lot 12 Shares
Maximum Bid amount for Retail Rs. 2 Lakhs
QIB 75% of the issue size
NIB 15% of the issue size
Retail Individual Bidders 10% of the issue size
Fresh Issue ₹ 630 Cr
Offer for Sale ₹ 4721.92 Cr
Listing at NSE & BSE
Apply With Upstox Free DEMAT Account
Equity 41,972,660 Shares
Grey Market Price NYKAA IPO GMP Today

NYKAA IPO Review

Nykaa IPO GMP Rates day by day

Nykaa IPO Grey market premium as on today

Date GMP (in INR) Kostak (in INR) Subject to Sauda
HNI COST ₹205
14 NOV 2021
13 NOV 2021
12 NOV 2021
11 NOV 2021
10 NOV 2021
09 NOV 2021 ₹742 ₹850 ₹6500
08 NOV 2021 ₹720 ₹850 ₹6500
07 NOV 2021 ₹610
06 NOV 2021 ₹650 ₹850 ₹6500
05 NOV 2021 ₹600
04 NOV 2021 ₹600
03 NOV 2021 ₹650
02 NOV 2021 ₹600
01 NOV 2021 ₹600 ₹650 ₹6000
31 OCT 2021 ₹600
30 OCT 2021 ₹600 ₹650 ₹6500
29 OCT 2021 ₹615 ₹650 ₹6200
28 OCT 2021 ₹700 ₹650 ₹6000
27 OCT 2021 ₹660 ₹750 ₹6500
26 OCT 2021 ₹660 ₹750 ₹6000
25 OCT 2021 ₹620
24 OCT 2021 ₹620
23 OCT 2021 ₹620 ₹650 ₹6000
22 OCT 2021 ₹670 ₹700 ₹6000
21 OCT 2021 ₹670 ₹700 ₹6000

Nykaa IPO Market Lot:

 Lot Size:  Minimum 12 Shares & Maximum 168 Shares
 Minimum Amount:  ₹13500
 Maximum Amount: ₹189000

Nykaa IPO Allotment & Listing:

 Basis of Allotment: Nov 8, 2021
 Refunds: Nov 9, 2021
 Credit to Demat Account: Nov 10, 2021
 Listing Date: Nov 11, 2021

How to Apply for Nykaa IPO?

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How to Apply the Nykaa IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Nykaa Finance”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Nykaa IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Nykaa Finance”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

PARENT COMPANY FOR SHAREHOLDER QUOTA

IPO ALLOTMENT TIPS & TRICKS

Check:- Nykaa IPO Allotment Status

Disclaimer:

– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies.
– This is only coverage of News related to Grey Market . We don’t deal in Grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets.

We don’t trade into grey market nor do we facilitate buying or selling of IPO forms.

What is Grey Market?

Grey Market is the term used to describe unregulated over-the-counter market for trading IPO applications and IPO shares before the stock is listed at a stock market. This is a way for dealers to support their customers who may want to exit before listing.

This is also a way to boost the listing price and support the issue before listing happens. There are two kinds of transactions that happen in thee IPO grey market:

  • Trade of IPO shares at a grey market premium
  • Trade of IPO application at a kostak.

What is Grey Market Premium?

GMP or Grey Market Premium is the premium at which equity shares from the IPO are being traded in the grey market.

This could either be a positive or negative – meaning the trading price in the grey market is either higher or lower than issue price respectively, based on demand and supply for the shares.

Typically, investors who do not want to take the risk of allocation not happening through IPO will buy shares in the gray market and hope to flip the shares on listing to make a good profit.

What is Kostak?

Kostak is the premium at which IPO application is being traded in the grey market. Applications are typically traded after the application window is closed but the allotment has not yet been finished.

It is rare for someone to trade IPO application post-allocation. This is a way for investors to increase their chance of shares being allotted as the allocation process treats each retail application equally. An example (indicative) for kostak is:

Example:

Nykaa Limited
Issue Price: Rs 306 Per Equity Share (Maximum Bid price)
Lot Size: 45
Grey Market Premium: Rs 220 to Rs 230
Kostak (Rs 13770): Rs 680 to Rs 720

This means Nykaa IPO applications of Rs 13500 are being traded in IPO Grey Market at Rs 695 to Rs 720.

Despite the fact that this IPO’s Grey Market Premium is roughly 75% of the issue price, the ‘Kostak’ is just 5% of the application value.

As can be seen the Kostak is at a much lower %age than GMP. This indicates that the grey market expects the issue to be oversubscribed and expects on an average only one lot to be allocated per application.

Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.

Subject to Sauda simply reflects the amount which an investor stands to get by selling his/her application for firm allotment. The key operative word here is firm allotment. In case of no allotment to the applicant, the sauda stands cancelled.

In case of ‘Subject to Sauda’ deal, while selling IPO application in the grey market, buyer and seller agree that deal is only valid if the seller will get the allotment. If the seller doesn’t get any shares in IPO process, the deal gets avoid.

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