Nykaa's post-listing glory days are over
From moment Nykaa went public on the stock exchanges in 2021, it became an investors’ favourite. Its stock had listed at an 80% premium to its issue price of Rs 2,001 per share on the BSE. Its parent company FSN e-Commerce Ventures hit a valuation of 1 lakh crore rupees. And founder Falguni Nayar’s net worth tripled…
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