Will look at an IPO in 1-2 years when the company is stronger, says Falguni Nayar of Nykaa

Name: Will look at an IPO in 1-2 years when the company is stronger, says Falguni Nayar of Nykaa
Uploaded: 2019-06-04T07:19:00+00:00
Duration: 2 min 59 s
Channel: CNBC-TV18
Description: Investment banker turned entrepreneur Falguni Nayar is aiming for an IPO of her online makeup portal Nykaa in the next 1-2 years. Speaking to CNBC-TV18’s Reema Tendulkar, she guided for a revenue growth of 80 percent for FY20. Nykaa has already broke even in terms of EBITDA margins and has guided to improve the EBITDA margins to 5-6 percent.

CNBC-TV18

Investment banker turned entrepreneur Falguni Nayar is aiming for an IPO of her online makeup portal Nykaa in the next 1-2 years. Speaking to CNBC-TV18’s Reema Tendulkar, she guided for a revenue growth of 80 percent for FY20. Nykaa has already broke even in terms of EBITDA margins and has guided to improve the EBITDA margins to 5-6 percent.

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