India: CPPIB, GIC, Blackrock acquire shares in Nykaa IPO anchor book

India: CPPIB, GIC, Blackrock acquire shares in Nykaa IPO anchor book

Photo: Nykaa

Major global institutional investors including Canada’s largest pension fund manager CPPIB and Singapore’s sovereign wealth fund GIC have picked up a large chunk of shares in the anchor book allotment for the Nykaa IPO (FSN E-Commerce Ventures Ltd), said two people aware of the development.