Segantii India Mauritius sells over 33 lakh shares as Nykaa shares plunge over 9%

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Segantii India Mauritius sells over 33 lakh shares as Nykaa shares plunge over 9%

Shares of beauty and fashion ecommerce platform Nykaa plunged 9.2% to INR 192 on the BSE on Tuesday (November 15), days after the expiry of the lock-in period for its pre-IPO investors.

The majority of the shares, more than 33.7 lakh, were sold on Tuesday in a bulk transaction by Segantii India Mauritius, which had acquired nearly 38 lakh shares of Nykaa last week. The shares were bought by Segantii India Mauritius for INR 171.75 each, and they were sold for INR 199.24 each. Several of Nykaa’s pre-IPO shareholders, including Mala Gopal Gaonkar, Lighthouse India, and TPG Growth, sold significant amounts of shares after the lock-in period expired last week.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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Shares of beauty and fashion ecommerce platform Nykaa plunged 9.2% to INR 192 on the BSE on Tuesday (November 15), days after the expiry of the lock-in period for its pre-IPO investors.

The majority of the shares, more than 33.7 lakh, were sold on Tuesday in a bulk transaction by Segantii India Mauritius, which had acquired nearly 38 lakh shares of Nykaa last week. The shares were bought by Segantii India Mauritius for INR 171.75 each, and they were sold for INR 199.24 each. Several of Nykaa’s pre-IPO shareholders, including Mala Gopal Gaonkar, Lighthouse India, and TPG Growth, sold significant amounts of shares after the lock-in period expired last week.

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Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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