Search Your Queries Related To Trilegal

Deal: Trilegal advised the fifteen selling shareholders in the IPO by Nykaa

11 Nov 2021

FSN E-Commerce Ventures Limited (Nykaa), an Indian technology-led lifestyle retail unicorn, got listed on Indian stock exchanges on November 10, 2021, after a successful initial public offering (IPO) of equity shares. This was one of the first IPOs by an Indian unicorn in the e-commerce retail industry. The IPO was over-subscribed 82 times and debuted on the bourses with a listing premium of ~90%, crossing a market capitalisation of over INR one lac crore, making it one of the most successful IPOs thus far.

Trilegal advised all of the 15 investor selling shareholders in Nykaa who were both private equity funds and high net worth individuals including TPG, Two Lighthouse entities, JM Financial, Yogesh Agencies & Investments Private Limited, Sunil Kant Munjal, Banga Family, on their stake sale of equity shares as part of the IPO which aggregated to INR 53.4 billion.

The Trilegal team advising on the IPO comprised Partners Richa Choudhary, Bhakta Patnaik, and Associates Maitreya Rajurkar, and Sanya Chaudhari. The corporate team on the transaction comprised Partners Yogesh Singh, Ankush Goyal, and Associate Rohan Kohli.

Media Coverage:

For more information, please contact:

Sahil Wason
Tel: +91-8928008122
BD@Trilegal.com

Trending News

Disclaimer

This page contains general information regarding Trilegal and is not intended as a solicitation or an advertisement of its services or any invitation or inducement of any sort. Nothing contained in this website constitutes legal advice or creation of a lawyer-client relationship. If you have any issues, you must seek legal advice. Trilegal is not liable for the consequences of any action taken by relying on the material/information provided on this website. For more information, please read our terms of use and our privacy policy.

Trilegal - Up Arrow