2023-11-05 18:11:47
Mamaearth IPO Subscribed on Third Day with High Investor Interest
The initial public offering (IPO) of Mamaearth, managed by Honasa Consumer, has garnered significant attention from investors and was successfully fully subscribed on the third day. The company’s IPO witnessed a slow start but gained momentum as investor interest surged, leading to a substantial increase in its gray market premium, which currently stands between 20 to 24 rupees.
Handling the allotment process is Capin Technologies Ltd., which allows investors to confirm their status either on their platform or on the Bombay Stock Exchange (BSE) using their credentials. Investors can easily check their allotment status by logging on to the website of Kfin and providing relevant details such as their application number or PAN card number. By choosing to “Submit” or “Check Allotment,” investors can access crucial information about the number of shares allotted to them. It is strongly advised that investors keep a digital copy or printout of this allotment status for future reference.
The eagerly awaited listing of Mamaearth shares is scheduled on both the BSE and the National Stock Exchange (NSE) on November 10. This event marks a significant milestone for the company and has generated great anticipation within the investor community.
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