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Mamaearth IPO closes with lukewarm response on day 1; issue subscribed 12%
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Mamaearth IPO set the price band for its issue at ₹308-324 per equity share of face value of ₹10 each. Mamaearth IPO has reserved not less than 75% of the shares in the public issue for Qualified Institutional Buyers (QIB), not more than 15% for Non Institutional Investors (NII), and not more than 10% of the offer is reserved for Retail Investors.
A discount of ₹30 per equity share is being offered to eligible employees bidding in the employee reserve portion. Also Read: Mamaearth IPO: Check out 10 key risks before investing your money "Exciting news! Mint is now on WhatsApp Channels
. Read more on livemint.comAbout this in other media
Mamaearth IPO: Here’s what latest GMP, subscription status suggest about share listing livemint.com /1 year ago
Mamaearth IPO Live Updates: Issue subscribed 70% so far; QIB portion fully booked livemint.com /1 year ago
Mamaearth IPO: Company management, selling shareholders, peer comparison, risks, among 10 key points from RHP livemint.com /1 year ago
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