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Company Profile

FSN E-COMMERCE VENTURES LTD.

NSE : NYKAABSE : 543384ISIN CODE : INE388Y01029Industry : e-CommerceHouse : Private
BSE169.801.05 (+0.62 % )
PREV CLOSE (Rs.) 168.75
OPEN PRICE (Rs.) 170.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 74808
TODAY'S LOW / HIGH (Rs.)168.15 173.25
52 WK LOW / HIGH (Rs.)122.05 195.4
NSE169.75 0.85 (+0.5 % )
PREV CLOSE(Rs.) 168.90
OPEN PRICE (Rs.) 169.20
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 169.75 (550 )
VOLUME 2419758
TODAY'S LOW / HIGH(Rs.) 167.70 173.35
52 WK LOW / HIGH (Rs.)122.15 195.5

Company News

Date Heading Details
15-Apr-2024 FSN E-Commerce Ventures informs about certificate <p style="text-align: justify;">In compliance with the Regulation 40(9) &amp; 40(10) of the SEBI (listing Obligations &amp; Disclosure Requirements) Regulations, 2015, FSN E-Commerce Ventures has informed that it attached the certificate dated April 13, 2024 issued by Sharma and Trivedi LLP, Company Secretary in Practice, for the year ended on March 31, 2024.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
04-Mar-2024 FSN E-Commerce Ventures informs about investor conference <p style="text-align: justify;">Pursuant to Regulation 30 of Listing Regulations, FSN E-Commerce Ventures has informed that the Official(s) of the Company will be participating in the following Investor Meetings, ‘Avendus Consumer Event' on Thursday, March 07, 2024.&nbsp;</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
02-Mar-2024 FSN E-Commerce opens new store in Dubai in collaboration with Apparel Group <p style="text-align: justify;">FSN E-Commerce Ventures (Nykaa) has inaugurated first Nysaa store in the GCC region at City Centre Mirdif, Dubai in collaboration with Apparel Group. This momentous event marked the successful beginning of a strategic alliance between two retail giants, blending Nykaa's beauty retail leadership with Apparel Group's retail prowess in the GCC region to offer a carefully curated, world-class shopping experience for consumers in Dubai.&nbsp;&nbsp;</p><p style="text-align: justify;">Nysaa is a strategic alliance between Nykaa, India's largest, digital-first beauty behemoth and Dubai-based Apparel Group, a global fashion and lifestyle retail conglomerate. The alliance aims to create an omni-channel retail brand with 100 stores in the GCC in the next five years with Nykaa holding 55% stake in the new entity and Apparel Group 45% stake.</p><p style="text-align: justify;">FSN E-Commerce Ventures (Nykaa) is a digitally native 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 its owned brand products manufactured by it.</p>
09-Feb-2024 FSN E-Commerce Ventures informs about statement of deviation <div>FSN E-Commerce Ventures has informed that during the quarter ended December 31, 2023, there is no deviation or variation in the utilisation of proceeds of the IPO from the objects stated in the Prospectus dated November 02, 2021. A statement confirming that there is no deviation/variation in utilisation of funds raised through ‘IPO' for the quarter ended December 31, 2023, duly reviewed by the Audit Committee of the Company on February 05, 2024, is enclosed as ‘Annexure A'. This intimation is being submitted pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended read with SEBI Circular No. CIR/ CFD/CMD1/162/2019 dated December 24, 2019.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div>
07-Feb-2024 FSN E-Commerce Ventures informs about press release <div>FSN E-Commerce Ventures has informed that it enclosed copies of the newspaper advertisement extract pertaining to the disclosure of Unaudited Consolidated Financial Results of the Company for the quarter and nine months ended December 31, 2023, published in the following newspapers today i.e. February 07, 2024: Financial Express (All Editions); The Free Press Journal (Mumbai); Navshakti (Mumbai). This intimation is submitted pursuant to Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div>
02-Feb-2024 FSN E-Commerce approves arm's investment in subsidiary <p style="text-align: justify;">FSN E-Commerce Ventures' board has approved the proposal of investment by Nessa International Holdings (Nessa International), a subsidiary of the Company into Nysaa Beauty LLC, a wholly owned subsidiary of Nessa International, for first investment of an amount up to $2.5 million in one or more tranches.</p><p style="text-align: justify;">The Fundraise &amp; Investment Committee of the Board of Directors of the FSN E-Commerce Ventures on February 01, 2024, has approved the same. Nessa International is making its first strategic investment in Nysaa Beauty LLC, for operational support. The investment is expected to be completed by March 31, 2024.</p><p style="text-align: justify;">FSN E-Commerce Ventures (Nykaa) is a digitally native 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 its owned brand products manufactured by it.</p><div style="text-align: justify;"><br></div>
02-Feb-2024 FSN E-Commerce rises on approving arm's investment in subsidiary <p style="text-align: justify;">FSN E-Commerce Ventures is currently trading at Rs. 164.25, up by 1.10 points or 0.67% from its previous closing of Rs. 163.15 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 164.15 and has touched a high and low of Rs. 166.00 and Rs. 163.05 respectively. So far 193956 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 195.40 on 10-Jan-2024 and a 52 week low of Rs. 114.30 on 26-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 168.55 and Rs. 159.70 respectively. The current market cap of the company is Rs. 46864.17 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 52.24%, while Institutions and Non-Institutions held 25.90% and 21.87% respectively.</p><p style="text-align: justify;">FSN E-Commerce Ventures' board has approved the proposal of investment by Nessa International Holdings (Nessa International), a subsidiary of the Company into Nysaa Beauty LLC, a wholly owned subsidiary of Nessa International, for first investment of an amount up to $2.5 million in one or more tranches.</p><p style="text-align: justify;">The Fundraise &amp; Investment Committee of the Board of Directors of the FSN E-Commerce Ventures on February 01, 2024, has approved the same. Nessa International is making its first strategic investment in Nysaa Beauty LLC, for operational support. The investment is expected to be completed by March 31, 2024.</p><p style="text-align: justify;">FSN E-Commerce Ventures (Nykaa) is a digitally native 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 its owned brand products manufactured by it.</p><div style="text-align: justify;"><br></div>
25-Jan-2024 FSN E-Commerce Ventures informs about board meeting <div style="text-align: justify;">FSN E-Commerce Ventures has informed that the meeting of the Board of Directors of the Company is scheduled on 06/02/2024 to consider and approve the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and nine months ended December 31, 2023.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>
09-Jan-2024 FSN E-Commerce Ventures informs about compliances-certificate <div style="text-align: justify;">Pursuant to Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, FSN E-Commerce Ventures has enclosed the Certificate received from Link Intime India, the Registrar and Share Transfer Agent of the Company, for the quarter ended December 31, 2023.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
02-Dec-2023 FSN E-Commerce Ventures informs about allotment of equity shares under ESOS <p style="text-align: justify;">Pursuant to Regulation 30 read with Schedule III to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations') read with Regulation 10(c) of Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, (‘SEBI ESOP Regulations'), FSN E-Commerce Ventures has informed that the Nomination and Remuneration Committee of the company on December 02, 2023 allotted 2,15,000 Equity Shares of face value Re 1 each towards the exercise of vested Employee Stock Options under Employee Stock Option Scheme - 2012 (‘ESOS 2012') and Employee Stock Option Scheme - 2017 (‘ESOS 2017'). The equity shares so allotted under the ESOS 2012 and ESOS 2017, shall rank with the existing equity shares of the Company in all respects including dividend. Consequent to the above allotment, the paid-up share capital of the Company stands increased to Rs 285,46,30,774 from Rs 285,44,15,774. The details as required as disclosure under Part E pursuant to Regulation 10(c) of SEBI ESOP Regulations are enclosed as ‘Annexure-I' and ‘Annexure-II'.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p><div style="text-align: justify;"><br></div>