Like Alia Bhatt and Katrina Kaif were a part of Nykaa since the initial days and received excellent returns on the listing of the e-commerce site, Shilpa Shetty may earn significant returns from the Mamaearth IPO.
Prior to the public offering, the promoters held a 37.41% stake in the omnichannel retailer—and this is expected to fall to 35.34% following the issue.
India Business News: Mamaearth IPO has garnered mixed opinions from analysts, primarily due to not-so-cheap valuations, despite pricing adjustments in the offering. The sh