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.
Analysts are mixed on Mamaearth IPO over not-so-cheap valuations, even though the company has fine-tuned the pricing in the offer. The issue is priced in the range of Rs 308-324 per share, and at the upper end, the company is valued at nearly Rs 10,500 crore.
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.