Tweet

Business Insider India🇮🇳

10 Nov, 9 tweets, 12 min read

@MyNykaa

#FalguniNayar becomes India’s wealthiest self-made female billionaire after Nykaa’s successful IPO

#NykaaIPO @MyNykaa

businessinsider.in/business/news/…

By @Krittiiii

@MyNykaa

@MyNykaa @Krittiiii .@MyNykaa founder and chief executive #FalguniNayar has become India’s wealthiest self-made female billionaire after the beauty ecommerce brand’s successful initial public offering (IPO).

#nykaa #nykaaIPO

@MyNykaa

@MyNykaa @Krittiiii According to the Bloomberg Billionaires Index, Nayar’s net worth surged to $6.5 billion as Nykaa listed at a over 70% premium on the stock market.

#FalguniNayar #nykaa #nykaaIPO

@MyNykaa

@MyNykaa @Krittiiii Indian Institute of Management (IIM), Ahmedabad graduate Nayar has previously worked with AF Ferguson & Co and Kotak Mahindra Group. She was appointed as the managing director of Kotak Investment Banking in 2007, but exited the company in 2012.

#FalguniNayar #nykaa #nykaaIPO

@MyNykaa

@MyNykaa @Krittiiii .@MyNykaa (FSN E-Commerce Venture Limited) shares were offered within a price range of ₹1,085 to ₹1,125, but the company made its stock market debut ₹2,001 earlier today. This is a premium of 77.87%.

#FalguniNayar #nykaa #nykaaIPO

@MyNykaa

@MyNykaa @Krittiiii The shares were trading at ₹2,203 at 12:39 p.m., on November 10, representing a premium of nearly 96% over the issue price of ₹1,125. The company’s market cap also breached the ₹100,000 crore mark within a few hours of its stock exchange debut.

#FalguniNayar #nykaa #nykaaIPO

@MyNykaa

@MyNykaa @Krittiiii A total of 17 investors — both institutional and individual — sold part of their shareholdings as OfS in Nykaa’s IPO.

#FalguniNayar #nykaa #nykaaIPO

@MyNykaa

@MyNykaa @Krittiiii This included Falguni and her husband Sanjay Nayar’s family office named Sanjay Nayar Family Trust, TPG Growth, Lighthouse India, J M Financial and Investment Consultancy and others.

#FalguniNayar #nykaa #nykaaIPO

@MyNykaa

@MyNykaa @Krittiiii Here's a look at @MyNykaa's key milestones.

#FalguniNayar #nykaa #nykaaIPO

• • •

Missing some Tweet in this thread? You can try to force a refresh

This Thread may be Removed Anytime!

Twitter may remove this content at anytime! Save it as PDF for later use!

More from @BiIndia

Business Insider India🇮🇳

@BiIndia

10 Nov

#COVID19 pandemic generated more than 8 million tonnes of #plasticwaste globally, says study

#GlobalWarming #pollution #environment

businessinsider.in/science/enviro…

The #COVID19 pandemic has generated more than eight million tonnes of #plasticwaste globally, with over 25,000 tonnes of it entering the oceans, according to a study.

#GlobalWarming #pollution #environment

The research, published in the journal Proceedings of the National Academy of Sciences, found that a significant portion of this ocean plastic debris is expected to make its way onto either beaches or the seabed within three to four years.

#plasticwaste #pollution #COVID19

Read 10 tweets

Business Insider India🇮🇳

@BiIndia

9 Nov

One 97 Communications — the parent company of digital payments giant #Paytm has launched its ₹18,300 crore ($2.4 billion) initial public offering (IPO)

#PayTmIPO #IPO #StockMarket

One 97 Communications — the parent company of digital payments giant #Paytm — launched its ₹18,300 crore ($2.4 billion) initial public offering (IPO) on Monday, at a price band of ₹2,080-₹2,150 per share.

#PayTmIPO

The lot size has been set at six shares, which means that a lot would cost ₹12,900 at the upper price band. It will close for subscription on Wednesday, November 10, and the allotment will be announced on November 15.

The listing date has been set at November 18.

#PayTmIPO

Read 9 tweets

Business Insider India🇮🇳

@BiIndia

8 Nov

#InPics | Astonishing images of Roman slave quarters in #Pompeii frozen in time for almost 2,000 years by volcanic eruption

#Discovery #ancient

businessinsider.in/science/news/a…

An immaculately preserved room, once inhabited by slaves, has been discovered in the ancient Roman city of #Pompeii in #Italy, said The Archaeological Park of Pompeii.

#Discovery #ancient

In the small undecorated room of just 16sqm remains three beds, a chamber pot that would have been used as a toilet, a wooden chest containing horse harnesses, and a single small window.

#Pompeii #Discovery #ancient

Read 8 tweets

Business Insider India🇮🇳

@BiIndia

8 Nov

@BiIndia

{Thread}👇

#Quizereum, your weekly crypto quiz (Edition 20) has now closed. Here is a quick look at the answers to last week's quiz.

How many of these did you get right? If you missed the chance, do participate next week and win rewards!

@BiIndia X @WazirXIndia

This cryptocurrency based on a recent popular Netflix TV series grew by 300% in one hour but dropped to $0 after peaking at $2,861 in a 'rug pull'?

✔️SQUID
❌DARK
❌CROWN
❌ELITE

Which memecoin titled the "Dogecoin Killer", has overtaken Bitcoin in India as the top traded coin last week on WazirX?

✔️Shiba Inu
❌Akita Inu
❌Lowchen
❌Chow Chow

Read 7 tweets

Business Insider India🇮🇳

@BiIndia

1 Nov

@jainrounak

#ElonMusk is ready to spend $6 billion to end world hunger, asks #UN to provide a plan

businessinsider.in/international/…

By @jainrounak

@jainrounak

@jainrounak #ElonMusk, the world’s richest man, has said that he is willing to sell his #Tesla stock and spends $6 billion to end world hunger. This comes in response to a tweet made by David Beasley, director of the #UN’s World Food Programme (WFP).

@jainrounak

@jainrounak In his tweet, Beasley had mentioned the $36 billion increase in Musk’s net worth after Hertz ordered 100,000 Teslas. He added that one-sixth of this increase, which is $6 billion, could help save 42 million people who are suffering from famine.

#ElonMusk #UN #Tesla

Read 8 tweets

Business Insider India🇮🇳

@BiIndia

1 Nov

@BiIndia

{Thread}👇

#Quizereum, your weekly crypto quiz (Edition 19) has now closed. Here is a quick look at the answers to last week's quiz.

How many of these did you get right? If you missed the chance, do participate next week and win rewards!

@BiIndia X @WazirXIndia

Which country outlawed crypto mining due to the surges in illicit coal extraction? The incident came to light when a coal mine which was revived without permission flooded and trapped 21 miners.

❌Iceland
❌Russia
❌India
✔️China