The much-awaited IPOs of Paytm and Nykaa, the homegrown fashion brand, finally came to an end on Thursday, 11 November, with the latter having a blockbuster start on listing day with its valuation crossing Rs 1 lakh crore. 

The issue price for Nykaa was Rs 2,018 apiece, with a premium of 79 percent over its issue price. But the strong demand from all categories of investors resulted in the company making it to the top 100 mid-caps on the Bombay Stock Exchange, ahead of giants like State Bank of India and even Coal India.

The rally in the markets also resulted in the company’s founder, Falguni Nayar, net worth touching USD$ 7 billion, making her India’s wealthiest self-made female billionaire.


But while on one end Nykaa made out like a bandit, Paytm’s parent company, One97 Communications, struggled to garner a full subscription, with less than 50 percent of the stock being subscribed even on the second day of listing. And according to analysts, one of the reasons for the weak response could be the massive size of the issue itself.


Host and Producer: Himmat ShaligramGuest: Niraj Shah, Markets Editor at Bloomberg Quint
Editor: Shelly Walia
Music: Big Bang Fuzz
Listen to The Big Story podcast on:
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<div>The much-awaited IPOs of Paytm and Nykaa, the homegrown fashion brand, finally came to an end on Thursday, 11 November, with the latter having a blockbuster start on listing day with its valuation crossing Rs 1 lakh crore. <br>
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<div>The issue price for Nykaa was Rs 2,018 apiece, with a premium of 79 percent over its issue price. But the strong demand from all categories of investors resulted in the company making it to the top 100 mid-caps on the Bombay Stock Exchange, ahead of giants like State Bank of India and even Coal India.<br>
<br>

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<div>The rally in the markets also resulted in the company’s founder, Falguni Nayar, net worth touching USD$ 7 billion, making her India’s wealthiest self-made female billionaire.<br>
<br>
But while on one end Nykaa made out like a bandit, Paytm’s parent company, One97 Communications, struggled to garner a full subscription, with less than 50 percent of the stock being subscribed even on the second day of listing. And according to analysts, one of the reasons for the weak response could be the massive size of the issue itself.<br>
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<strong>Host and Producer: </strong>Himmat Shaligram</div>
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<strong>Guest: </strong>Niraj Shah, Markets Editor at Bloomberg Quint</div>
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<strong>Editor:</strong> Shelly Walia</div>
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<strong>Music:</strong> Big Bang Fuzz</div>
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<div><strong>Listen to The Big Story podcast on:</strong></div>
<div><br>
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<div>Apple: <a href="https://www.youtube.com/redirect?q=https%3A%2F%2Fapple.co%2F2AYdLIl&amp;redir_token=G9sQMbbppKv-LEFD29gDyTmPMzt8MTU3MTM4MDU5NkAxNTcxMjk0MTk2&amp;v=xkpX1V6aUFo&amp;event=video_description">https://apple.co/2AYdLIl</a>
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<div>Saavn: <a href="https://www.youtube.com/redirect?q=http%3A%2F%2Fbit.ly%2F2oix78C&amp;redir_token=G9sQMbbppKv-LEFD29gDyTmPMzt8MTU3MTM4MDU5NkAxNTcxMjk0MTk2&amp;v=xkpX1V6aUFo&amp;event=video_description">http://bit.ly/2oix78C</a>
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<div>Google Podcasts: <a href="https://www.youtube.com/redirect?q=http%3A%2F%2Fbit.ly%2F2ntMV7S&amp;redir_token=G9sQMbbppKv-LEFD29gDyTmPMzt8MTU3MTM4MDU5NkAxNTcxMjk0MTk2&amp;v=xkpX1V6aUFo&amp;event=video_description">http://bit.ly/2ntMV7S</a>
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<div>Spotify: <a href="https://www.youtube.com/redirect?q=https%3A%2F%2Fspoti.fi%2F2IyLAUQ&amp;redir_token=G9sQMbbppKv-LEFD29gDyTmPMzt8MTU3MTM4MDU5NkAxNTcxMjk0MTk2&amp;v=xkpX1V6aUFo&amp;event=video_description">https://spoti.fi/2IyLAUQ</a>
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<div>Deezer: <a href="https://www.youtube.com/redirect?q=http%3A%2F%2Fbit.ly%2F2Vrf5Ng&amp;redir_token=G9sQMbbppKv-LEFD29gDyTmPMzt8MTU3MTM4MDU5NkAxNTcxMjk0MTk2&amp;v=xkpX1V6aUFo&amp;event=video_description">http://bit.ly/2Vrf5Ng</a>
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<div>Castbox: <a href="http://bit.ly/2VqZ9ur">http://bit.ly/2VqZ9ur</a>
</div>

The Big Story is back with a second season!

The news culture of our times is noisy, crowded, and honestly so confusing. This is why we are coming every fortnight on your podcast platforms to help you make sense of the new and now. 

With two new hosts, Anjali and Prateek, the second season of The Big Story will feature longer and well-rounded discussions with experts across science, culture, technology, politics, and more. Tune in on your preferred podcast platform!   



Millions of listeners seek out Bingepods (Ideabrew Studios Network content) every day. Get in touch with us to advertise, join the network or click listen to  enjoy content by some of India's top audio creators.
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<p>The Big Story is back with a second season!</p>
<p>The news culture of our times is noisy, crowded, and honestly so confusing. This is why we are coming every fortnight on your podcast platforms to help you make sense of the new and now. <br aria-hidden="true"><br aria-hidden="true">With two new hosts, Anjali and Prateek, the second season of The Big Story will feature longer and well-rounded discussions with experts across science, culture, technology, politics, and more. Tune in on your preferred podcast platform!   </p>
<p> </p>
<p><em>Millions of listeners seek out <a href="https://bingepods.com/">Bingepods</a> (Ideabrew Studios Network content) every day. Get in touch with us to advertise, join the network or click listen to  enjoy content by some of India's top audio creators.</em><br><em><a href="mailto:studio@ideabrews.com">studio@ideabrews.com</a></em></p>
<p><a href="https://play.google.com/store/apps/details?id=com.bingepods.app">Android</a> | <a href="https://apps.apple.com/us/app/bingepods/id1637568609">Apple</a></p>

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