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Nykaa revises its fresh equity offer to raise Rs 630 Cr in IPO
source link: https://nextbigwhat.com/exclusive-nykaa-revises-its-fresh-equity-offer-to-raise-rs-630-cr-in-ipo/
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Nykaa revises its fresh equity offer to raise Rs 630 Cr in IPO
Beauty centric online marketplace Nykaa has revised its draft red herring prospectus to increase the size of the fresh offer by Rs 105 crore.
According to regulatory filings, the company will now raise Rs 630 crore through a fresh issue of equity shares.
In August, the company had mentioned in its DRHP that it would raise Rs 525 crore in the upcoming initial public offering.
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