India’s Nykaa parent falls below IPO issue price

BENGALURU (Reuters) – Shares of FSN E-Commerce Ventures, the parent of cosmetics-to-fashion retailer Nykaa, fell as much 2% on Tuesday, to drop below their initial public offering issue price of 1,125 rupees.

(Reporting by Nallur Sethuraman in Bengaluru; Editing by Savio D’Souza)

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