Nykaa, officially known as FSN E-Commerce Ventures Limited, is India’s largest and leading online retailer of beauty and wellness products. Founded in 2012 by Falguni Nayar, Nykaa has revolutionized the beauty industry in India by providing a curated online platform for consumers to discover and purchase a wide range of authentic beauty products from international and domestic brands.
Nykaa’s success can be attributed to its focus on providing a high-quality shopping experience, became the first Indian unicorn startup headed by a woman when it reached a valuation of $1 billion in 2020. Nykaa has grown exponentially in recent years, becoming one of the leading players in the Indian beauty market.
The company’s omnichannel strategy, seamlessly blending both online and offline retail. With a robust online presence and a network of over 100 physical stores throughout India, Nykaa has managed to connect with a diverse audience. This strategy not only expands their reach but also enhances the overall shopping experience for customers, making it more personalized and engaging.
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Nykaa Share Price expected growth in upcoming years:
The Indian beauty market is expected to grow at a CAGR of 12-14% over the next five years, Nykaa has established itself as a leading beauty brand in India, with a strong reputation for quality products, customer service, and innovation. The company’s strong brand recognition, expanding product portfolio, and omnichannel strategy are expected to drive its future growth. The company’s share price is likely to continue to be volatile, but investors with a long-term horizon may view it as a potential growth opportunity.
While predicting stock prices is inherently uncertain, several analysts have provided their estimates for Nykaa’s share price growth in the upcoming 12 month. Here are some of their projections:
| Brokerage | Target Price | Upside |
|---|---|---|
| Jefferies | ₹200 | 16.13% |
| Nomura | ₹183 | 6.67% |
| JM Financial | ₹210 | 19.53% |
| Kotak Institutional Equities | ₹210 | 19.53% |
| Morgan Stanley | ₹188 | 9.44% |
| Nuvama Institutional Equities | ₹186 | 7.77% |
| Goldman Sachs | ₹175 | 3.06% |
| BofA Securities | ₹175 | 3.06% |
Nykaa Stock Price Prediction 2024
| Year 2024 | Nykaa Share Price Prediction 2024 ₹185 |
Nykaa Stock Price Prediction 2025
| Year 2025 | Nykaa Share Price Prediction 2025 ₹220 |
Nykaa Stock Price Prediction 2030
| Year 2030 | Nykaa Share Price Prediction 2030 ₹1000 |
Nykaa Stock Price Prediction 2040
| Year 2040 | Nykaa Share Price Prediction 2040 ₹3000 |
Nykaa Stock Price Prediction 2050
| Year 2050 | Nykaa Share Price Prediction 2050 ₹9500 |
Nykaa Current Share Price, Trends, Open And Prev. Close – Read Here
Top Investors in Nykaa:
Here is a list of the top 10 shareholders in Nykaa:
| Rank | Shareholder | Country | Shares Held |
|---|---|---|---|
| 1 | FSN E-Commerce Ventures Limited | India | 53% |
| 2 | TPG Capital | United States | 13.43% |
| 3 | General Atlantic | United States | 9.97% |
| 4 | Birla Group | India | 7.68% |
| 5 | Premji Invest | India | 3.70% |
| 6 | Abu Dhabi Investment Authority | United Arab Emirates | 2.54% |
| 7 | Goldman Sachs Group Inc. | United States | 2.20% |
| 8 | Canada Pension Plan Investment Board | Canada | 1.93% |
| 9 | Morgan Stanley Investment Management | United States | 1.82% |
| 10 | HDFC Mutual Fund | India | 1.79% |
Nykaa releases his IPO in 2021:
Nykaa’s initial public offering (IPO) opened for subscription on October 28, 2021, and closed on November 1, 2021. The issue was subscribed 81.78 times, with the price band set at ₹1,085-₹1,125 per share. The company raised a total of ₹5,352 crore from the IPO.
Some Frequently Asked Questions:
When did Nykaa achieve unicorn status?
Nykaa achieved unicorn status in 2020, making history as the first Indian unicorn startup led by a woman, Falguni Nayar.
What is the outlook for Nykaa’s future growth?
Nykaa is well-positioned to capture the growing Indian beauty market, expected to reach ₹39,500 crore by 2025. The company’s strong brand recognition, expanding product portfolio, and omnichannel strategy are anticipated to drive future growth.
When did Nykaa go public, and how did its IPO perform?
Nykaa’s initial public offering (IPO) opened on October 28, 2021, and closed on November 1, 2021. The IPO was oversubscribed 81.78 times, raising ₹5,352 crore at a price band of ₹1,085-₹1,125 per share.
Who are the top investors in Nykaa?
The top investors in Nykaa include FSN E-Commerce Ventures Limited, TPG Capital, General Atlantic, Birla Group, Premji Invest, Abu Dhabi Investment Authority, Goldman Sachs Group Inc., Canada Pension Plan Investment Board, Morgan Stanley Investment Management, and HDFC Mutual Fund.
