September 18, 2024 04:06 (IST)
Mamaearth IPO subscribed 12% on first day
Mumbai: The Honasa Consumer IPO saw a subscription rate of 12 percent on October 31, the first day of bidding, Moneycontrol reported.
Mamaearth's parent firm Honasa Consumer to launch IPO on Oct 31
Honasa Consumer, the company that runs Mamaearth is set to launch its initial public offering on October 31, Moneycontrol reported.
Honasa Consumer, the parent company of personal care brands like Mamaearth and The Derma Co, said Saturday that it has raised $52 million in a round led by Sequoia at a valuation of $1.2 billion, according to media reports.
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