Shares of FSN E-Commerce Ventures, which runs Nykaa, the online marketplace for beauty and wellness products, closed the day on Wednesday with a huge premium of 96.15 per cent on the BSE against the issue price of Rs 1,125. 

Earlier in the day, the stock had debuted at Rs 2,001, reflecting a jump of 77.86 per cent on the BSE. It had then zoomed by 99.83 per cent to Rs 2,248.10 during the day. The stock closed at Rs 2,206.70, shooting up by 96.15 per cent. 

On the NSE, it had listed at Rs 2,018, a premium of 79.37 per cent. It later closed at Rs 2,208, recording a gain of 96.26 per cent. 

The company’s market capitalisation (m-cap) went past the Rs 1,00,000-crore mark and closed at Rs 1,04,438.88 crore on the BSE today. 

The initial share sale of FSN E-Commerce Ventures was subscribed 81.78 times earlier this month. 

The Rs 5,352-crore IPO had a price range of Rs 1,085-1,125 per share. 

The company has a diverse portfolio of beauty, personal care and fashion products, including its own manufactured brand products, under its two business verticals – Nykaa and Nykaa Fashion.