Скачать или смотреть Dark Side Of Mamaeath's IPO | Mamaearth IPO Is A Big SCAM ? | Finvestera | CA Swaraj Jain

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IPO Details of Mamaearth
The company has proposed an IPO worth INR 2900 crores. The IPO will consist of a fresh issue of shares worth INR 400 crores and an Offer For Shares (OFS) of approximately 46.8 million shares. The funds raised through the IPO will primarily be used for improving brand visibility and advertising as well as opening exclusive brand outlets.

The company’s founders Varun and Ghazal Alagh along with other investors like Sofina, Fireside Ventures, Evolvence India, Stellaris and angel investors like Kunal Bahl, Rohit Bansal, Rishabh Mariwala and actor Shilpa Shetty will sell a part of their stakes in the company through the OFS.

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