Nykaa Makes a Huge Debut, with a Market Capitalization of Over One Billion Rupees.

On Wednesday, the market value of Nykaa, a cosmetics start-up, topped 1 lakh crore, making it a huge success. The firm that owns the Nykaa brand, FSN E-Commerce Ventures, commenced trading on the National Stock Exchange for 2,018 per share, up 79 percent from its issue price of 1,125 per share. Nykaa shares debuted for trade at 2,001 on the BSE, up 78% from the issue price. On the NSE, Nykaa shares soared as much as 99 percent to an intraday high of 2,235.

Here are five things you should know about Nykaa’s extensive listing:

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