Mamaearth's parent Honasa Consumer with launch its IPO between Tuesday, October 31 and Thursday, November 2, selling shares in the range of Rs 308-324 apiece.
Honasa Consumer, incorporated in 2016, provides beauty and personal care products through its digital platform and currently serves over 500 cities in India.
Honasa Consumer's existing shareholders will sell 4,12,48,162 equity shares through an offer for sale, which would be worth Rs 1,336.44 crore at upper limit of the price band.
Honasa Consumer, which was incorporated in 2016, provides beauty and personal care products through its digital platform. It currently serves more than 500 cities in India.
Co-founded in 2016 by Varun and Ghazal Alagh, Honasa Consumer attained unicorn January 2022. The company had raised $52 million by Global VC firm Sequoia Capital at a valuation of $1.2 billion.