October 28, 2021 - November 1, 2021

Nykaa IPO Review & Recommendations

Ashika Research, BP Equities (BP Wealth), Hem Securities, Investmentz Ltd, Marwadi Shares and Finance Ltd, Motilal Oswal, Prabhudas Lilladher Pvt Ltd, Swastika Investmart Ltd and InvestorGain.com have given "Apply" recommendation to Nykaa IPO. Capital Market and Dilip Davda have given "May Apply" recommendation to Nykaa IPO. Axis Capital, ICICI Securities, IIFL Securities, JM Financial Institutional Securities and Religare Broking Limited have "Neutral" view about the IPO.

Nykaa IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	9	2	5	0	0
%	56.25	12.50	31.25	0.00	0.00

Nykaa IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Ashika Research	Apply
Axis Capital	Neutral
BP Equities (BP Wealth)	Apply
Capital Market	May Apply
Dilip Davda	May Apply
Hem Securities	Apply
ICICI Securities	Neutral
IIFL Securities	Neutral
Investmentz Ltd	Apply
JM Financial Institutional Securities	Neutral
Marwadi Shares and Finance Ltd	Apply
Motilal Oswal	Apply
Prabhudas Lilladher Pvt Ltd	Apply
Religare Broking Limited	Neutral
Swastika Investmart Ltd	Apply
InvestorGain.com	Apply

Nykaa IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Nykaa IPO is 48. Their analysis recommends May subscribe for the IPO.

Reviewer	Rating Score	Rating
Capital Market	48	May subscribe

Nykaa IPO Review by Dilip Davda (May apply)

[Dilip Davda] Well, this IPO created hype ever since it filed its DRHP and was eagerly awaited. Post Zomato episode, this IPO too created a fancy among primary market investors. However, based on its financial parameters, the issue is exorbitantly priced and hence risk seekers/cash surplus investors may consider investment for a long term reward. Others may avoid. Read detail review...

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