Ghazal Alagh refutes Mamaearth’s IPO valuation rumours

  • Ghazal Alagh, cofounder of Mamaearth, denies rumours of the company’s IPO valuation.
  • The parent company Honasa Consumer will issue new shares worth Rs 400 crore in the IPO.
  • The IPO will also include an offer-for-sale (OFS) component of 46.82 million shares.
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