Nykaa
No one would have thought that a beauty retailer will make it to the list of upcoming IPO 2021.
Nykaa E-retail Pvt. Ltd is planning IPO in FY22, and considers a post-IPO valuation of USD 4.5 billion. Nykaa has over 15 million users and processes 1.5 million-plus orders a month.
Nykaa is eyeing an IPO size between Rs 500-700 million, according to sources. This makes it one of the top upcoming IPO of 2021.
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