News > Nykaa shares surge on bumper debut, market cap crosses ₹1 lakh crore

Nykaa shares surge on bumper debut, market cap crosses ₹1 lakh crore

The Hindu Business Line | 10/11/2021 10:59 AM | Click to read full article

Shares of Nykaa made a strong market debut on the Indian stock exchanges on Wednesday.

The stock started trading at a premium of over 82% at ₹2,054 per share on the NSE as compared to its IPO issue price of ₹1,125 apiece. Meanwhile, Nykaa shares listed at ₹2,063 on the BSE, with the market capitalization crossing ₹1 lakh crore.

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