India's Nykaa IPO heavily oversubscribed by anchor investors - source - NewsBreak
By Sain in Business
Updated 2 years ago
NEW DELHI, Oct 27 (Reuters) - Indian cosmetics to fashion startup Nykaa received bids for 40 times the number of shares it plans to sell to anchor investors in its initial public offering (IPO), a source with direct knowledge said on Wednesday, indicating strong interest in the sale. Investment firm...