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 .