India’s Nykaa parent falls below IPO issue price. BENGALURU

India’s Nykaa parent falls below IPO issue price. BENGALURU

India’s Nykaa parent falls below IPO issue price

India’s Nykaa parent falls below IPO issue price.

BENGALURU, Oct 25 (Reuters) – Shares of FSN E-Commerce Ventures (FSNE.NS), the parent of cosmetics-to-fashion retailer Nykaa, fell as much 2% on Tuesday, to drop below their initial public offering issue price of 1,125 rupees.

Reporting by Nallur Sethuraman in Bengaluru; Editing by Savio D’Souza

BENGALURU, Oct 25 (Reuters) – Shares of FSN E-Commerce Ventures ( FSNE.NS ), the parent of cosmetics-to- fashion retailer Nykaa , fell as much 2% on Tuesday , to drop below their initial public offering issue price of 1,125 rupees .

Reporting by Nallur Sethuraman in Bengaluru; Editing by Savio D’Souza