Check out some hilarious memes and jokes as Nykaa makes a blockbuster debut in the stock market:
FSN E-commerce ventures, the parent company of e-commerce beauty giant Nykaa, made a huge debut in the stock market on 10th November as its market capitalization crossed INR 1 lakh crore.
Nykaa shares opened for trading at INR 2,018 on the National Stock Exchange (NSE), 79 percent up from its issue price of INR 1,125 per share. It was a moment of jubilation for those who had invested in the Nykaa IPO.
Thanks to the blockbuster stock market listing, Nykaa founder Falguni Nayar has now joined the world’s richest club. Nykaa also booked a spot on the Twitter trends list.
Twitter has been flooded with jokes and hilarious memes about Nykaa’s super stock market entry.
After listing of #nykaa
Shareholders be like 😅 – pic.twitter.com/hzkos3h30T
— Kaagaz Apps (@KaagazS) November 10, 2021
— Ayush Agrawal (@iamayushagrawal) November 10, 2021
— hemaxidodiya (@ihemaxi__) November 10, 2021
— Ashish Gangwal (@AshishGangwal12) November 10, 2021
Scenario after after every IPO listing
— Vishal Yadav🕉🇮🇳 (@YadavG007) November 10, 2021
— The Wolverine (@KEEP_IT_UPER) November 10, 2021
Pehla allotment successful🥰🥰🥰🥰
— Pooohh🌼 (@poojakewlani_) November 8, 2021
— g0v!ñD $#@®mA (@rishu_1809) November 10, 2021
Everyone who had successfully invested in Nykaa’s IPO has got huge returns today due to the listing gains. Ms. Nayar founded her company, which runs the e-commerce site Nykaa, in 2012 after working in investment banking and guiding other entrepreneurs through the IPO process.