Mamaearth’s 1,701 crore IPO fully-subscribed on day three

Personal care brand Mamaearth’s parent Honasa Consumer’s ₹1,701 crore IPO was fully subscribed on day three on Thursday, the final day of bidding. It received bids for 3.58 crore shares against the issue size of 2.89 crore shares. 

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Retail investors bought 0.76 times, HNIs bought 0.31 times and qualified institutional buyers (QIBS) picked 1.86 times of the allotted quota.

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