Mamaearth shares fall 4% after surging 43% in 5 sessions; here’s why
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 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.
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
Mamaearth will retail its range of personal care and baby care products across 5000 Apollo Pharmacy stores.
The proposed IPO of NSDL has been kept in abeyance in the backdrop of an ongoing probe against NSE, which is the second-largest shareholder in the securities depository firm.
The IPO comprises of fresh issue of equity shares worth ₹400 crore and OFS of up to 4.7 crore share by promoters and existing shareholders.