Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. India
  4. NSE India Stock Exchange
  5. ICICI Securities Limited
  6. News
  7. Summary
    ISEC   INE763G01038

ICICI SECURITIES LIMITED

(ISEC)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Indian beauty startup Nykaa aims IPO at valuation of above $7 bln

10/22/2021 | 08:13am EST

MUMBAI, Oct 22 (Reuters) - Indian startup FSN E-Commerce Ventures, which runs beauty company Nykaa, has priced its initial public offering (IPO) at 1,085 rupees to 1,125 rupees per share, giving it a valuation of as much as $7.11 billion.

The company aims to raise nearly $500 million through a three-day IPO subscription starting from Oct. 28 to Nov 1. The IPO involves issuing new shares worth up to 5.25 billion Indian rupees ($70.13 million) and offering up to 43.1 million of its existing shares.

The company's investors include private equity firm TPG, Fidelity and Indian film actress Alia Bhatt. Nykaa will use the IPO proceeds to set up new retail stores, fund capital spending and repay debts, according to the prospectus.

The bookrunning lead managers for the IPO include BofA Securities, Morgan Stanley, Kotak Mahindra Capital, Citigroup, ICICI Securities and JM Financial.

Earlier this year, food-delivery firm Zomato Ltd made a stellar stock market debut.

Other Indian startups to enter the market include Paytm, which is backed by Berkshire Hathaway Inc-backed, and hospitality company Oyo Hotels and ride-hailing firm Ola, which are both backed by SoftBank.

($1 = 74.8600 Indian rupees) (Reporting by Nupur Anand; Editing by Edmund Blair)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
ICICI SECURITIES LIMITED 1.58% 783.4 Delayed Quote.66.67%
SOFTBANK CORP. -0.56% 1507 End-of-day quote.16.55%
SOFTBANK GROUP CORP. -0.27% 5493 End-of-day quote.-31.83%
ZOMATO LIMITED 5.58% 147.6 Delayed Quote.0.00%
All news about ICICI SECURITIES LIMITED
12/07INDIAN MORNING BRIEFING : Asian Markets Rise, Tracking Wall Street Gains
DJ
12/07Indian shares rise as metals gain, Omicron fears ease
RE
11/26Indian shares drop most in 7 months on fears over new virus variant
RE
11/25Indian GDP likely boosted in July-Sept as lockdowns lifted
RE
11/25Indian GDP likely boosted in July-Sept as lockdowns lifted
RE
11/19Skies darken for Indian IPOs after Paytm's diappointing debut
RE
11/18Paytm sinks on debut as India's biggest IPO irks some investors
RE
10/27India's Nykaa IPO heavily oversubscribed by anchor investors - source
RE
10/22Indian beauty startup Nykaa aims IPO at valuation of above $7 bln
RE
10/20ICICI SECURITIES : Posts Rise in Q2 Profit, Proposes Interim Dividend
MT
More news
Financials
Sales 2022 31 747 M 421 M 421 M
Net income 2022 13 137 M 174 M 174 M
Net Debt 2022 24 726 M 328 M 328 M
P/E ratio 2022 19,2x
Yield 2022 3,51%
Capitalization 253 B 3 351 M 3 352 M
EV / Sales 2022 8,74x
EV / Sales 2023 8,25x
Nbr of Employees 14 413
Free-Float 25,1%
Chart ICICI SECURITIES LIMITED
Duration : Period :
ICICI Securities Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ICICI SECURITIES LIMITED
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 783,40 INR
Average target price 907,86 INR
Spread / Average Target 15,9%
EPS Revisions
Managers and Directors
Vijay Kumar Chandok Chief Executive Officer, Executive Director & MD
Harvinder Jaspal Chief Financial Officer
Vinod Kumar Dhall Chairman
Subhash Kelkar Chief Technology & Digital Officer
Prasannan Keshavan Head-Operations
Sector and Competitors
1st jan.Capi. (M$)
ICICI SECURITIES LIMITED66.67%3 299
MORGAN STANLEY49.57%183 927
THE CHARLES SCHWAB CORPORATION53.30%153 725
THE GOLDMAN SACHS GROUP, INC.45.13%133 468
CITIC SECURITIES COMPANY LIMITED-11.05%49 722
CSC FINANCIAL CO., LTD.-14.76%30 923