{"id":14351,"date":"2023-02-23T11:15:35","date_gmt":"2023-02-23T11:15:35","guid":{"rendered":"https:\/\/blog.researchandranking.com\/?p=14351"},"modified":"2023-10-30T14:22:10","modified_gmt":"2023-10-30T08:52:10","slug":"mamaearth-ipo","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/mamaearth-ipo\/","title":{"rendered":"Mamaearth IPO \u2013 All You Need To Know About The D2C"},"content":{"rendered":"
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On December 29th, Honasa Consumer Ltd, the parent company of India’s largest D2C brand Mamaearth, submitted the Draft Red Herring Prospectus (DRHP) to SEBI<\/a>. This digital-first, sizable, and fast-growing BPC house of brands\u2019 valuations for the upcoming Mamaearth IPO was the talk of the town.<\/p>\n\n\n\n

But before we delve into the intricacies of the IPO, let us take a quick look at the performance of IPOs launched over the last two years. The Indian stock exchanges, BSE and NSE<\/a>, ranked 12th in the world regarding the number of IPOs until the second quarter of 2021. India was even cited as one of the few bright spots amid the bearish market sentiments the global<\/a> slowdown caused.<\/p>\n\n\n\n

Only three of the eleven startups that filed DRHP with SEBI<\/a> in 2022 proceeded with their IPOs: Delhivery, Tracxn, and DroneAcharya. The remaining eight startups either abandoned their IPO plans, withdrew their DRHP, or their approval is still pending.<\/p>\n\n\n\n

Most startups that went public in 2021, like Paytm<\/a>, Policybazaar, and Nykaa, have declined in the range of 25% to 75% post their listings on the bourses. Delhivery, the largest and the most profitable logistics company in India recorded a sharp correction and fell about 30% from its listing price.<\/p>\n\n\n\n

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