Mamaearth parent files for IPO; Shilpa Shetty, Kunal Bahl to sell partial stake, Sequoia not to sell in OFS

Mamaearth parent files papers for IPO, co-founders to dilute stake

Honasa Consumer was valued at $1.2 bn in January, making it the first unicorn of 2022

Mamaearth Parent Files for IPO Papers; Sofina, Stellaris, Shilpa Shetty to Sell Stake

Popular brand Mamaearth's owner Honasa Consumer Limited has filed its Draft Red Herring Prospectus (DRHP) on Thursday

Unicorn Mamaearth's parent files IPO papers with Sebi; Shilpa Shetty to sell stake

Mamaearth's parent company Honasa Consumer Private Ltd filed DHRP with market regulator Sebi on Thursday. The proposed issue comprises a fresh issue of Rs 400 crore and an OFS which will see investors like Shilpa Shetty sell some shares.

Mamaearth parent files for IPO; Shilpa Shetty, Kunal Bahl to sell partial stake, Sequoia not to sell in OFS

Honasa Consumer attained their unicorn status in 2022, when the firm raised $52 million dollars at a $1.2 billion valuation, in a fundraising round led by Sequoia Capital.

Mamaearth parent files for IPO: Report

With the brand endorsed by popular Bollywood celebrities, the duo has cashed in on India's growing e-commerce adoption by offering its products on platforms such as Amazon and Walmart's Flipkart.

Mamaearth parent files for IPO; Sofina, Stellaris, Fireside eye partial exit

Mamaearth aims to use the capital for advertisement expenses, capital expenditure in exclusive brand outlets and investing its brand BBlunt for setting up new salons