New Delhi: Shares of the parent company of FSN E-Commerce Ventures made a great start on Dalal Street on Wednesday. On Wednesday, the company’s shares were listed on the BSE at Rs 2,001, which is 77.87 per cent higher than its issue price of Rs 1,125. On NSE, the stock was listed at a premium of 79.38 per cent in 2018 Rs.

Nyokka IPO It was open for subscription from October 28 to November 1 to raise Rs 5,352 crore from its primary stake sale.

Nykaa’s listing was postponed a day earlier till Wednesday. The stock was earlier scheduled to be listed on Thursday.

A day before the listing, Counter was commanding a strong premium of Rs 800 per share in the gray market, indicating a blockbuster listing for the new-age startup.

The Nykaa IPO received bids for over 216.59 crore shares against a total issue size of over 2.64 crore shares, data available with the National Stock Exchange (NSE) showed.

The issue was subscribed 82 times, bidders’ share for eligible institutions was oversubscribed 91 times, while bids from non-institutional buyers were received for 112 times. The share of retail bidders was oversubscribed 12.24 times.

Nykaa is India’s largest online marketplace for beauty, personal care and fashion brands. The company placed 17.1 million orders in FY 2011 and operates 80 offline stores in 40 cities across India.