[ad_1] Shares of FSN E-Commerce Ventures, which owns beauty retailer Nykaa, slumped more than 8 per cent on Wednesday after the one-year lock-up period on pre-initial public offering (IPO) investors ended. Its stock ended at Rs 1,040 – down 8 per cent over its previous day’s close. Its shares were trading 3 […]
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[ad_1] India’s fledgling technology sector faces a key test this month as lock-up periods on $14 billion worth of shares sold in initial public offerings expire, allowing billionaire backers including Warren Buffett and Masayoshi Son to sell. Lock-ups end in November for four consumer-focused tech stocks, which have all slumped in the […]
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[ad_1] At a time when listed new-age technology-led businesses are struggling to be profitable and improve share price, online fashion and cosmetics retailer Nykaa has managed to improve its profitability parameters and narrow its share performance. A standout feature in the second-quarter (Q2) results of the company was an improvement in margins […]
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[ad_1] Imagine Marketing, the company that owns wearable brand Boat, has become the latest domestic technology (tech) company to shelve its listing plans. The popular consumer tech brand joins the PharmEasy parent API Holdings, and online automobile marketplace Droom Technology, to withdraw its draft red herring prospectus (DRHPs). Industry players don’t rule out more […]
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