Promoters Means Founder Of The Company
The company reported a net profit of Rs 14 crore in FY22. That works out to a price-to-earnings ratio of about 1,714x
The company became a unicorn in January 2022, with a valuation of $1.2 billion
Mamaearth is said to be looking at a target market capitalisation of $3 billion (about Rs 24,000 crore) with the size of its IPO.
The company plans to raise as much as Rs 400 crore through a fresh issue of shares,
offer for sale of about 46.8 million shares.
The company reported a net loss of Rs 1,332 crore in FY21 and Rs 428 crore in FY20, as per the draft prospectus
Varun Alagh And Gazhal Alagh are Husband And Wife
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