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Reliance Securities' IPO Report
Nykaa, incorporated in 2012, is a consumer technology platform, delivering a content-led lifestyle retail experience to consumers. The company has a diverse portfolio of beauty, personal care, and fashion products, including their own brand products manufactured by them.
Nykaa operates under two major verticals:
Nykaa: beauty and personal care,
Nykaa Fashion: Apparel and accessories.
Under the beauty and personal care offering, the company has 197,195 stock keeping units from 2,476 brands, primarily across make-up, skincare, haircare, bath and body, fragrance, grooming appliances, personal care, and health and wellness categories as of FY21.
Nykaa Fashion also has six owned brands. The company provides an omnichannel shopping experience to its customers, by providing both online and offline shopping channels.
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