Nykaa Share Price: नहीं थम रही नायका में बिकवाली, एक्स-बोनस के दिन 7% टूटे भाव

Nykaa Share Price: The lock-in period for promoters and shareholders of FSN E-Commerce Ventures, a company of legendary fashion retailer Nykaa, ends today. Due to this, there is heavy pressure in the stocks

Nykaa Share Price: The shares of Nykaa's parent company FSN E-Commerce Ventures Limited (FSN E-Commerce Ventures) fell today. Shares of Nykaa had lost up to 7% in early trade on BSE. Actually, today on November 10, the lock-in period of Nykaa shares ended. That is, those who are early investors will be able to sell their stake in the company after the lock-in period is over. On the other hand Nyka's shares are trading today at X bonus. The company is going to give 5 bonus shares on 1 share to eligible investors tomorrow.

The company will distribute bonus shares

Let us tell you that Nykaa has fixed the record date for the bonus share as November 11. Earlier, the company had fixed the record date for November 3, but later it was changed. Explain that bonus shares will be issued in the ratio of 5:1. That is, 5 shares will be given to the shareholders for every 1 share.

Let us tell you that Nykaa's IPO came in 2021 last year. Then its share price was kept at Rs 1125. There was a tremendous listing of Nyka shares. On November 10, 2021, the company's stock was listed at Rs.2001 with an increase in the market. On the listing day, the stock closed at Rs 2207 with a gain of about 96 per cent. The company's stock also made a high of Rs 2574 last year. But later the shares saw a steady decline and it broke 50% from the IPO price.

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