India's Nykaa parent falls below IPO issue price

Beauty products by Nykaa, an Indian beauty products retailer, are seen for sale in a store at a mall in New Delhi

BENGALURU (Reuters) - Shares of FSN E-Commerce Ventures, the parent of cosmetics-to-fashion retailer Nykaa, fell as much 2% on Tuesday, to drop below their initial public offering issue price of 1,125 rupees.

(Reporting by Nallur Sethuraman in Bengaluru; Editing by Savio D'Souza)