Nykaa shares in focus as early investors plan Rs 1,200-crore stake sale via block deal

  • Posted on July 3, 2025
  • By Business News Today
  • 1 Views
Nykaa shares in focus as early investors plan Rs 1,200-crore stake sale via block deal

Early investors of Nykaa, Harindarpal Singh Banga and Indra Banga, are set to sell shares. The sale could reach Rs 1,200 crore through a block deal. Up to 60 million shares will be sold at Rs 200 each. Goldman Sachs and JP Morgan are managing the deal. Proceeds will go to the selling shareholders.
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