{"id":124733,"date":"2021-08-09T11:56:27","date_gmt":"2021-08-09T15:56:27","guid":{"rendered":"https:\/\/44.250.171.167\/?p=124733"},"modified":"2022-10-04T06:34:36","modified_gmt":"2022-10-04T10:34:36","slug":"ipo-alert-fsn-e-commerce-ventures-ltd-files-for-public-listing","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/ipo-alert-fsn-e-commerce-ventures-ltd-files-for-public-listing\/","title":{"rendered":"IPO Alert: FSN E-commerce Ventures Ltd files for public listing"},"content":{"rendered":"\n<p>The beauty and personal care market in India was sized at \u20b91.26 trillion in 2019, growing at a CAGR of 13% in the last 3 years. Due to Covid-19, the market fell to \u20b91.12 trillion in 2020 and now is projected to grow at a CAGR of 12% to reach \u20b91.98 billion in 2025.<\/p>\n\n\n\n<p>FSN E-\u0421\u043emmer\u0441e Ventures \u0420riv\u0430te Limited, having two famous verticals Nykaa and Nykaa Fashion, h\u0430s filed its Draft Red Herring Prospectus with m\u0430rket regulator SEBI.<\/p>\n\n\n\n<p>The initial public offer comprises a fresh issue of equity shares aggregating up to \u20b95.25 billion, and an offer for sale of up to 43.1 million equity shares being offered by the selling shareholders.<\/p>\n\n\n\n<p>The company would allocate \u20b9350 million of net proceeds towards investment in its subsidiaries like Nykaa Fashion for the set-up of new retail stores and new warehouses. The company plans to use \u20b91.3 billion to make repayment or prepayment of its borrowings. FSN E-commerce would utilize \u20b92 billion to enhance the visibility and awareness of its brands and general corporate purposes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Company Profile<\/strong><\/h2>\n\n\n\n<p>FSN E-commerce is a digitally native consumer technology platform having a diverse portfolio of beauty, personal care, and fashion products, including its owned brand products manufactured by them.<\/p>\n\n\n\n<p>The Mumbai-based company has successfully created two business verticals. Nykaa, which is a beauty and personal care company, and Nykaa Fashion, which deals in apparel and accessories.<\/p>\n\n\n\n<p>As of March 31, 2021, the company had cumulative downloads of 43.7 million across all its mobile applications out of, which 86.7%&nbsp;of its online GMV(gross merchandise value) came through its mobile applications.<\/p>\n\n\n\n<p>The company\u2019s offline channel comprises 73 physical stores across 38 cities in India over three different store formats like Nykaa Luxe, Nykaa On Trend, and Nykaa Kiosks.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Financials<\/strong><\/h2>\n\n\n\n<p>The company had total revenue of \u20b924.5 billion for the year ending 31 March 2021, vs \u20b917.7 billion in the previous year. FSN E-commerce had a profit of \u20b9619.4 million in 2021 against a loss of \u20b9163.4 million in 2020.<\/p>\n\n\n\n<p>Meanwhile, the company outsources the manufacture of our owned brand products to third-party manufacturers under loan and license arrangements or contract manufacturing.<\/p>\n\n\n\n<p>The sale of their owned products including the products governed under the Drugs and Cosmetic Act subjects the company to unique risks and heightens certain other risks, like import risk, brand risk, intellectual property rights, ongoing brand monitoring risk, and dependency on relationships across multiple channels of sales for its owned brands.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The beauty and personal care market in India was sized at \u20b91.26 trillion in 2019, growing at a CAGR of 13% in the last 3 years. Due to Covid-19, the market fell to \u20b91.12 trillion in 2020 and now is projected to grow at a CAGR of 12% to reach \u20b91.98 billion in 2025. FSN [&hellip;]<\/p>\n","protected":false},"author":83,"featured_media":124093,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5748,12,10444],"tags":[8155,1372,8687,8761],"class_list":["post-124733","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","category-other-industries","category-others","tag-accessories","tag-apparel","tag-fashion","tag-personal-care"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":147208,"url":"https:\/\/alphastreet.com\/india\/nykaa-fsn-e-commerce-ventures-q4-fy23-net-profit-down-by-70\/","url_meta":{"origin":124733,"position":0},"title":"Nykaa (FSN E-Commerce Ventures) Q4 FY23; Net Profit Down By 70%","author":"Hardik Bhandare","date":"May 24, 2023","format":false,"excerpt":"Nykaa (FSN E-Commerce Ventures Limited) reported Total Income for Q4 FY23 of \u20b91,311.46 Crore up from \u20b9984.45 Crore year on year, a growth of 33%. Consolidated Net Profit of \u20b92.27 Crore, down 70% from \u20b97.57 Crore in the same quarter of the previous year. The Earnings per Share is \u20b90.01","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/58147d5a-fac8-4857-bb73-30146bf56c4e.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/58147d5a-fac8-4857-bb73-30146bf56c4e.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/58147d5a-fac8-4857-bb73-30146bf56c4e.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/58147d5a-fac8-4857-bb73-30146bf56c4e.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/58147d5a-fac8-4857-bb73-30146bf56c4e.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/58147d5a-fac8-4857-bb73-30146bf56c4e.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":130845,"url":"https:\/\/alphastreet.com\/india\/fsn-e-commerce-ventures-ltd-investor-and-analyst-day-conference-call-insights\/","url_meta":{"origin":124733,"position":1},"title":"Fsn E-Commerce Ventures Ltd Investor and Analyst Day Conference Call Insights","author":"Praveen","date":"June 27, 2022","format":false,"excerpt":"Key highlights from Fsn E-Commerce Ventures Ltd (NYKAA) Investor and Analyst Day Concall Q&A Highlights: Brinda Iyer asked that on fashion, if the company\u2019s comment of achieving 10% of online fashion market share by FY25 is an aspiration or guidance. Adwaita Nair Co-Founder said it not guidance. The point to\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":163932,"url":"https:\/\/alphastreet.com\/india\/fsn-e-commerce-ventures-ltd-q1fy25-180-rise-in-profits\/","url_meta":{"origin":124733,"position":2},"title":"FSN E-Commerce Ventures Ltd Q1FY25; 180% rise in Profits","author":"Chirag Gupta","date":"August 19, 2024","format":false,"excerpt":"FSN E-commerce Ventures Ltd. (FSNEV) popularly known as \"Nykaa\" is a digitally native consumer technology platform, delivering a content-led, lifestyle retail experience to consumers. The company has a diverse portfolio of beauty, personal care, and fashion products, including owned brand products manufactured by it. Financial Results: FSN E-Commerce Ventures Ltd\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-127.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-127.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-127.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-127.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-127.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-127.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":158512,"url":"https:\/\/alphastreet.com\/india\/fsn-e-commerce-ventures-ltd-q3-fy24-earnings-conference-call-insights\/","url_meta":{"origin":124733,"position":3},"title":"Fsn E-Commerce Ventures Ltd Q3 FY24 Earnings Conference Call Insights","author":"Praveen","date":"February 7, 2024","format":false,"excerpt":"Key highlights from Fsn E-Commerce Ventures Ltd (NYKAA) Q3 FY24 Earnings Concall Quarterly Performance Nykaa saw 29% GMV growth to INR 3,620 crore and 24% NSV growth to INR 17,866 million in Q3 FY24. Gross profit grew 20% to INR 7,600 million with 42.5% margins. EBITDA grew 26% to INR\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/CC_Image_1.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":142388,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-fsn-e-commerce-ventures-for-q3-fy23\/","url_meta":{"origin":124733,"position":4},"title":"Earnings Summary Of FSN E-Commerce Ventures For Q3 FY23","author":"Hardik Bhandare","date":"February 21, 2023","format":false,"excerpt":"FSN E-Commerce Ventures (NSE: NYKAA) is a leading online beauty and wellness retailer in India. The company was founded in 2012 by Falguni Nayar and has since grown to become one of the largest e-commerce platforms in the country. Nykaa offers a wide range of products across categories such as\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-2-3.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-2-3.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-2-3.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-2-3.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-2-3.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-2-3.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179780,"url":"https:\/\/alphastreet.com\/india\/nykaa-q3-fy26-earnings-results\/","url_meta":{"origin":124733,"position":5},"title":"Nykaa Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"February 6, 2026","format":false,"excerpt":"FSN E-Commerce Ventures Ltd (Nykaa) achieved remarkable Q3 FY26 profitability growth driven by strong revenue expansion in beauty and fashion e-commerce. Expense management supported substantial bottom-line gains. Executive Summary FSN E-Commerce Ventures Ltd reported consolidated revenues of \u20b92,873 crore for Q3 FY26, up 26.73% YoY from \u20b92,267 crore. Net profit\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/NY.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/NY.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/NY.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/NY.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/NY.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/NY.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/124733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/83"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=124733"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/124733\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/124093"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=124733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=124733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=124733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}