Tag: Mamaearth

  • Mamaearth parent IPO subscribed by 7.61 times as Day 3 ends

    The initial public offering (IPO) of Honasa Consumer, the parent company of Mamaearth, has concluded with a flourish as institutional investors displayed robust enthusiasm on the final day of the offering. The IPO, which had faced a lukewarm response during the first two days, rallied to be oversubscribed, primarily driven by strong participation from institutional…

  • Mamaearth parent Honasa’s ₹1,701 crore IPO to launch on October 31

    Honasa Consumer Ltd., the parent company of D2C upstart Mamaearth, has officially announced its initial public offering (IPO). The startup is expecting to raise a substantial ₹1,701 crore on the upper-price band of the IPO. It is expecting a rather steep ₹10,424 crore IPO valuation. The IPO is priced in the range of ₹308 to…