An IPO is a pricing recreation. As an alternative of working underneath the phantasm that it’s worth that drives choices, it’s higher to acknowledge that bankers worth IPOs and never worth them,” stated valuation guru Ashwath Damodaran. In Nayak’s case, the concept Do this individual on the helm of magnificence and trend retailer, Falguni Nair, can also be a former banker who has helped many firms worth their IPOs (preliminary public choices). Undoubtedly, Nykaa IPO pricing recreation to be profitable. obliged.