Alia Bhatt And Katrina Kaif Shares Their Nykaa IPO Stocks Returns

The stock value of early stage celebrity investors in lifestyle-focused consumer technologies platform, Nykaa has risen exponentially post the IPO listing.

The Indian film industry’s mega stars’ – Alia Bhatt and Katrina Kaif – stocks in the company have given impressive returns and are now worth over multiple times their original investment, citing industry estimates.

In terms of the shareholding pattern, Bhatt owns some 8,177 shares of Nykaa, while that of Kaif is estimated at 3,360.

At Friday’s close, Nykaa’s stock was valued at Rs 2,358.90, up to Rs 142.65 or 6.44 percent from its previous close.

Bhatt’s stock holding is worth Rs 1.92 crore as of Friday 12th November 2021.

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Katrina Kaif’s shareholding in the company was worth Rs 79.25 lakhs as of Friday 12th November 2021.

Industry insiders said that it is possible that there might be other provisions or entitlements that two megastars might have with the company. The value of those is not readily available in the public domain or in the prospectus.

This week Nykaa had a stellar opening of its stocks which rose its market capitalization to over Rs 1 lakh crore.

Listed at Rs 2,001 at the opening bell, the scrip, as against the offer price of Rs 1,125.

The bumper opening catapulted its promoters' Nayar family as one of India’s richest self-made billionaires.

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At present, the promoter family holds around 53 percent stake in the firm FSN E-Commerce Ventures, which owns Nykaa.

The stake at the opening price of Rs 2,001 per share was worth over $6.5 billion.

Consequently, the promoter family joined the billionaire's ranks.

The promoter family has the stakes in Falguni Nayar, MD & CEO, FSN E-Commerce Ventures, Anchit Nayar, Adwaita Nayar, and the Nayar Trust.

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