Nykaa files DRHP with SEBI for INR 4,000 Cr Initial Public Offering
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Lifestyle ecommerce platform Nykaa has filed its draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise INR 4,000 Cr via an initial public offering (IPO), according to a report by Moneycontrol. As a mandatory process before filing the DRHP, the startup recently converted itself into a public company.