📈 69% of S&P 500 stocks beating the index - a historic record! Pick the best ones with AI.See top stocks

Mamaearth's IPO fully subscribed, shares to list on November 10

EditorHari G
Published 11/05/2023, 11:10 AM
© Reuters.
KFIN
-

Mamaearth's initial public offering (IPO), managed by Honasa Consumer, successfully reached full subscription on the third day following a slow commencement. The firm has seen a surge in investor interest as evidenced by the significant increase in its Grey Market Premium, which now ranges between Rs 20 - 24.

Kfin Technologies Ltd. is handling the allotment process, allowing investors to confirm their status on its platform or the Bombay Stock Exchange (BSE) using their respective credentials. The allotment status provides investors with information about the number of shares allocated to them. To check their allotment status, investors need to access Kfin's website, input pertinent details like application number or PAN card number, and click on "Submit" or "Check Allotment". For future reference and use, investors are advised to maintain a digital record or printout of this allotment status.

The company's shares are scheduled for listing on both the BSE and National Stock Exchange (NSE) on November 10. This event marks an important milestone for Mamaearth, as it sparks considerable anticipation within the investment community.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.