Mamaearth-parent Honasa gets SEBI nod for IPO launch:

Mamaearth-parent Honasa gets SEBI nod for IPO launch:

Daily Current Affairs   /   Mamaearth-parent Honasa gets SEBI nod for IPO launch:

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Category : Business and economics Published on: August 05 2023

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  • Beauty and personal care brand Mamaearth's parent Honasa Consumer has received SEBI's approval for its IPO launch.
  • The public issue comprises a fresh issuance of shares worth ₹400 crore and an offer for sale of up to 4.68 crore shares by promoters and investors.
  • Honasa may consider fundraising of ₹80 crore via pre-IPO placement before filing IPO papers.
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