Ipo got rich, Falguni, founder of Nykaa, became the richest woman in the country who made herself


Business Desk, Amar Ujala, New Delhi

Published by: Deepak Chaturvedi
Updated Wed, Nov 10, 2021 1:36 PM IST

Summary

Naykaa: With Nykaa’s listing on the stock exchange, its founder Falguni Nair has joined the list of the richest women in the country and in the world. Falguni’s wealth has reached $ 6.5 billion and she has become the richest self-made woman in the country.

Falguni Nair
– Photo: Social networks

listen to the news

Falguni Nair, founder of beauty startup Nykaa, has become the richest self-made woman in India. Nykaa had a great strong roster on Wednesday. The stock market warmly welcomed this IPO. This information has been provided in the latest data from the Bloomberg Billionaires Index.

Nykaa shares rise 90 percent
The IPO of beauty and fashion retailer Nykaa has enriched its investors after listing on Wednesday. With this, with the listing of Nykaa on the stock exchange, its founder Falguni Nair has joined the list of the richest women in the country and in the world. Nykaa’s shares have risen almost 90 percent after listing.

Half of Falguni Nair’s stake in Nykaa
Falguni has almost half the stake in Nykaa. With Nykaa’s listing on the stock market today, Falguni Nair’s wealth has reached $ 6.5 billion and she has become the richest self-made woman in the country. In particular, FSN E-Commerce Ventures is Nykaa’s parent company.

Nykaa has a market capitalization of 1 lakh crore
The company’s market capitalization reached Rs 1 lakh crore on the Nykaa listing. Former investment banker Falguni Nair founded Nykaa in 2012. As of August 31, 2021, the Nykaa app was downloaded 5.58 crore times. Nykaa made a net profit of Rs 61.9 crore in fiscal year 21. While compared to this, Nyka had to bear a loss of Rs 16.3 crore in financial year 2020. Nykaa opened its first physical store in 2014. As of August 31, 2021, FSN E-commerce has a large chain of 80 physical stores in 40 cities throughout the country.

Expansion

Falguni Nair, founder of beauty startup Nykaa, has become the richest self-made woman in India. Nykaa had a great strong roster on Wednesday. The stock market welcomed this IPO with open arms. This information has been provided in the latest data from the Bloomberg Billionaires Index.

Nykaa shares rise 90 percent

The IPO of beauty and fashion retailer Nykaa has enriched its investors after listing on Wednesday. With this, with the listing of Nykaa on the stock exchange, its founder Falguni Nair has joined the list of the richest women in the country and in the world. Nykaa’s shares have risen almost 90 percent after listing.

Half of Falguni Nair’s stake in Nykaa

Falguni has almost half the stake in Nykaa. With Nykaa’s listing on the stock market today, Falguni Nair’s wealth has reached $ 6.5 billion and she has become the richest self-made woman in the country. In particular, FSN E-Commerce Ventures is Nykaa’s parent company.

Nykaa has a market capitalization of 1 lakh crore

The company’s market capitalization reached Rs 1 lakh crore on the Nykaa listing. Former investment banker Falguni Nair founded Nykaa in 2012. As of August 31, 2021, the Nykaa app was downloaded 5.58 crore times. Nykaa made a net profit of Rs 61.9 crore in fiscal year 21. While compared to this, Nyka had to bear a loss of Rs 16.3 crore in financial year 2020. Nykaa opened its first physical store in 2014. As of August 31, 2021, FSN E-commerce has a large chain of 80 physical stores in 40 cities throughout the country.


www.amarujala.com

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *