Shares of Honasa Consumer Ltd, the parent entity of D2C unicorn Mamaearth, ended their first trading session at INR 337.15 on the BSE and INR 337.3 on the NSE
The shares listed at a 2% premium at INR 330 on the NSE and almost flat on the BSE at INR 324
The early investors in Mamaearth, including Snapdeal cofounders Rohit Bansal and Kunal Bahl, made astronomicl gains on their initial investments in the D2C brand
Shares of Honasa Consumer Ltd, the parent entity of D2C unicorn Mamaearth, ended Tuesday’s (November 7) trading session at INR 337.15 on the BSE, up 4.06% from their listing price.
The new-age tech startup made almost a flat debut on the Indian bourses today. While its shares listed at a 2% premium at INR 330 on the NSE, Mamaearth shares listed at INR 324 on the BSE.
The price band for the IPO was set at INR 308-INR 324.
Mamaearth shares jumped almost 5% to INR 340 during the intraday trading, but later pared some of the gains to…