The Bank of America Corporation is banker to the deal.
After the lock-in expiry earlier within the month, a variety of pre-IPO traders have been liquidating the securities held by them. NRI investor Mala Gopal Gaonkar had final week bought 5.75 crore shares of Nykaa at a mean worth of Rs 175.48 in a deal price Rs 1,009 crore.
Lighthouse India Fund-III had earlier bought shares in Nykaa price Rs 525 crore. Different sellers previously have included Segantiii India Mauritius and American non-public fairness agency TPG.
Nykaa inventory, which closed 4.62% decrease at Rs 183.55 on BSE at this time, is down over 57% from its 52-week excessive.