Ghazal Alagh's Mamaearth parent company, Honasa Consumer, debuted on the stock market at Rs 330 per share on Tuesday, about 2% higher than its IPO price of Rs 324. Many are curious about which startup founders applied for the IPO and who received the allotment.
According to media reports, Zomato CEO Deepinder Goyal applied for 3.08 lakh shares but got 33,422 shares in the public issue of Mamaearth's parent Honasa Consumer.
Interestingly, Former Shark Tank India judge Ashneer Grover's, who recently said that he had applied for Mamaearth IPO handsomely, was missing from the list of allottee and non-allotte of the shares.
There are chances that Ashneer Grover could have applied for Honasa IPO via a corporate entity. However there is no concrete evidence to support the possibility.
The Mamaearth IPO included an offer for sale (OFS) of around 4.12 crore shares and a fresh issue of shares worth ₹365 crore. The IPO saw the sale of 3,186,300 shares by Honasa promoter Varun Alagh and up to 100,000 shares by his wife Ghazal Alagh.