Source:- LiveMint
The issue is roughly priced at 2394 PE (considering weighted average Basic EPS)
Source:- RHP
At the price of ₹1125/share, they’re getting a valuation of ₹53,204 Cr (Refer below for the calculations which includes the amount raised through Fresh issue)
| Number of Shares | |
|---|---|
| Shares Outstanding | 46,73,24,550 |
| Fresh Issue | 56,00,000 |
| Total | 47,29,24,550 |
| Issue price | ₹ 1,125 |
| MCap at Issue Price (in Cr) | ₹ 53,204 |
| EPS | 0.47 |
| PE | 2,393.62 |
Price to Sales is around 22x which is definitely on the higher side.
Nykaa can be an interesting play for the future. People can refer the below video posted by SOIC for greater insights.
