Bidding And Allotment

Mamaearth IPO: Key Points

Bidding and Allotment

Mamaearth's IPO bidding ran from October 31 to November 2, 2023. The allotment was finalized on Monday, November 6.

Key Details

The IPO comprised an offer for sale (OFS) of 412 crore shares and a fresh share issuance of up to 365 crore.

Eligible investors could apply for the IPO as regular employees or through the Honasa Mamaearth IPO special issue.

Strong Subscription

The IPO received bids for over 20 million shares against 28.9 million shares on offer, indicating strong investor interest.

Issue Size

The total issue size was 1,701 crore, with a fresh issue component of 365 crore and an OFS component of 412 crore.

Availability

The Mamaearth IPO opened on October 31 and was available for retail investors, institutional investors, and qualified institutional buyers.

Oversubscription

Mamaearth's IPO was oversubscribed by 76 times, with bids worth over 713 billion rupees, demonstrating the company's strong growth potential and market demand for its products.