In July 2021, which of the following has filed a draft red herring prospectus (DRHP) with SEBI to raise funds via an initial public offering (IPO)?

In July 2021, which of the following has filed a draft red herring prospectus (DRHP) with SEBI to raise funds via an initial public offering (IPO)? Correct Answer Nykaa

The correct answer is Nykaa.

  • Nykaa, an e-commerce startup for beauty products, has filed a draft red herring prospectus (DRHP) with SEBI to raise funds via an initial public offering (IPO).
  • FSN E-Commerce Ventures Ltd, the owner of Nykaa, is looking to raise Rs 525 cr through a fresh issue of shares and an offer for sale (OFS) of up to 43.11 million shares.
  • Nykaa was founded in 2012 by investment banker Falguni Nayar.
  • SEBI is the regulator of the securities and commodity market in India owned by the Government of India. 
  • It was established on 12 April 1988.
  • It is headquartered in Mumbai.

Related Questions

In December 2020, which of the following has filed a draft red herring prospectus (DRHP) with the Securities Exchange Board of India for an initial public offering (IPO)?
Which of the following has filed a draft red herring prospectus with the Securities Exchange Board of India to raise nearly ₹1,107 crore through an initial public offering (IPO)?