India's only woman-led unicorn Nykaa made its market debut on November 10th at the Indian National Stock Exchange (NSE) in Mumbai, tripling founder Falguni Nayar's net worth and making her the country's newest self-made billionaire in an ongoing IPO boom. The Mumbai-based firm was trading at 2,063 rupees ($28) as of 10:13 a.m., a few minutes after pricing its initial public offering at 1,125 rupees per share. The company's IPO raised 53.5 billion rupees through the sale.
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