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This Article is From Oct 29, 2021

Nykaa IPO - E-Commerce Play On Beauty, Personal Care, Fashion: Prabhudas Lilladher

Nykaa IPO - E-Commerce Play On Beauty, Personal Care, Fashion: Prabhudas Lilladher
Employees apply make-up as they prepare for work at a Nykaa store in New Delhi, India. (Photographer: Anindito Mukherjee/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Prabhudas Lilladher's IPO Report

We are optimistic of FSN E-Commerce Ventures which operates Nykaa, India's largest Omni channel play across beauty and fashion segments.

Nykaa has revolutionised the art of online retailing of beauty personal care products in India. Nykaa has been able to create strong consumer following and 70% repeat purchase led by-

  1. inventory led BPC model which ensures authenticity and guarantee of quality

  2. wide product range offered by Nykaa as against low fill rates, stock outs and limited assortment in physical stores

  3. two million stock keeping unit's, 3826 brands and availability in 24817 pin codes

  4. consumer education through 1363 influencers, ~39500 Facebook posts (12.6 million followers) and 1.1 million You tube subscribers,

  5. ability to bring global brands like Estee lauder, Huda Beauty, Charlotte Tilbury etc. to Indian consumers.

Click on the attachment to read the full IPO report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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