Breaking Barriers At India Inc.
Fortune India’s MPW winners have set the stage for the future.
Fortune India’s MPW winners have set the stage for the future.
Emerging from a period of stagnation spanning the past 12-16 months, nearly 40 new-age companies are preparing to go public or become IPO-ready by FY25.
The stock exchanges have lowered the daily circuit limit for Honasa from 20% to 10% in the backdrop of recent sharp movement in the share price.
The Mamaearth stock hits an intra-day high of ₹487, its all-time high so far and up 13.2% against the previous session close
Shares of Mamaearth parent, Honasa Consumer, have risen 30% against its IPO price of ₹324
Post listing, Honasa Consumer shares rose as much as 4.2% to ₹337.6 on the NSE, while it hit a high of ₹337 on the BSE.
Honasa Consumer IPO: The QIB quota was booked 11.5% times, while portions for NIIs and retail investors were subscribed 3.94 times and 1.15 times, respectively.
The ₹1,701 crore IPO of Honasa Consumer will open for subscription today and close on November 2.
IPO of Varun and Ghazal Alagh-led skincare company comprises fresh issue of ₹365 crore and offer for sale of 4.1 crore shares by existing shareholders
The IPO of Mamaearth is expected to open between October 31 to November 2, while the anchor portion will open on October 30, according to a media report.