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Mamaearth IPO sees 13% subscription on day 1
short by Harsh / on Tuesday, 31 October, 2023
On the first day of its public offering, Honasa Consumer saw a 13% subscription rate. The company owns personal-care brands Mamaearth, Derma Co, Aqualogica, Ayuga, BBlunt and Dr Sheth's. A long list of anchor investors, like Abu Dhabi Investment Authority and Capital Group, have already subscribed to Rs 765 crore out of Honasa's capital target of Rs 1,700 crore.
read more at The Arc