THE WHAT? Nykaa parent company FSN E-Commerce Ventures has fallen below its initial public offering issue price of 1,125 rupees, according to a report by Reuters.
THE DETAILS Shares of the Indian company fell as much of 2 percent this week.
On November 10, 2021, the beauty giant made a debut on the domestic bourses with a 79 per cent premium over its IPO price of Rs 1,125 and in the days to follow, the stock touched a 52-week high of 2,574 on the NSE, according to New Indian Express.
THE WHY? Nykaa’s fall is said to be in line with the drop of competitors, such as loss-making digital firms like Paytm, Zomato and Policybazaar. According to the New Indian Express, investors believe it will take years for these firms to break even and report a profit.
Injectable aesthetics are popular due to their ability to provide noticeable results with minimal downtime compared to surgical procedures. They are versatile and can be tailored to meet individual aesthetic goals, whether it's enhancing lips, restoring facial volume, or smoothing out wrinkles. However, they should always be administered by qualified professionals to ensure safety and achieve optimal results.
Injectable aesthetics are used to enhance facial features, reduce the signs of aging, and improve overall facial symmetry and appearance.
Key types of injectable aesthetics include:
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Dermal Fillers: These injectables are used to add volume, fill in wrinkles and folds, and enhance facial contours. They often contain substances like hyaluronic acid, collagen, or calcium hydroxylapatite, which help plump up the skin and smooth out fine lines and wrinkles.
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Botulinum Toxin (Botox): Botulinum toxin injections temporarily relax facial muscles that cause wrinkles and lines to form. It is commonly used to treat forehead lines, frown lines between the eyebrows, and crow's feet around the eyes.
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Collagen Stimulators: These injectables stimulate the body's own collagen production, helping to improve skin texture and firmness over time. Examples include poly-L-lactic acid (Sculptra) and calcium hydroxylapatite (Radiesse).
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Neurotoxin Injections: Besides Botox, other neurotoxins such as Dysport and Xeomin are used similarly to reduce wrinkles and lines.
