InvestorQ : When is the IPO of Nykaa expected and what is targeted valuation?
Rashi Mehra made post

When is the IPO of Nykaa expected and what is targeted valuation?

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Archita Jajjoo answered.
4 months ago
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Nykaa is preparing to file the DRHP for its proposed IPO in the next few days and the issue would typically be about a couple of months away at the bare minimum. While the last round of fund raising was done at $1.2 billion, it is reported that Nykaa may see a valuation of $4 billion and raise $400 million for 10% stake sale. Nykaa was founded in 2012 by former Kotak investment banking honcho Falguni Nayyar.

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