Mamaearth IPO Top Key Highlight,. Mama Erth is beauty and personal care company is looking to raise Rs 400 crore through a fresh issue of shares, apart from an offer for sale of around 4.7 crore shares.
mama earth valuation 2023 In INR
Mamaearth is targetting a valuation of around 24000 CR INR – 10-12 times forward earnings Premium Mamaearth is targetting a valuation of around 24000 CR.
Mama Earth old Investor (Funding )
Sep 15, 2022 | Venture Round – Mamaearth | 1 | ₹60M | Shilpa Shetty |
Dec 28, 2021 | Venture Round – Mamaearth | 3 | $37.5M | Sequoia Capital India |
Jul 26, 2021 | Series C – Mamaearth | 2 | $50M | Sofina |
Jan 7, 2020 | Series B – Mamaearth | 4 | ₹1.3B | Sequoia Capital India |
Sep 10, 2018 | Series A – Mamaearth | 5 | $4M | Fireside Ventures, Stellaris Venture Partners |
Apr 20, 2018 | Venture Round – Mamaearth | 1 | $250K | Shilpa Shetty |
Sep 20, 2017 | Venture Round – Mamaearth | 1 | $1M | Fireside Ventures |
Dec 20, 2016 | Seed Round – Mamaearth | 1 | — | Fireside Ventures |
1/ Last valuation for Mamaearth was $1.2 billion in January 2022. The company is now seeking a $3 billion valuation for its upcoming IPO.
— Neeraj Arora 🇮🇳 (@neerajarora91) January 1, 2023
Mama Earth Growth
Mamaearth had revenue growth of nearly 500% last year
Mama Earth Profitability
Operating revenue of Mamaearth’s parent more than doubled to ₹943 crore in FY22 from ₹460 crore in the previous fiscal. The company earned ₹932 crore from sale of products, while it made ₹11.5 crore from sale of services.
Net profit was at of ₹24.6 crore
Mama Earth Apply IPO?
My first resolution for 2023 is not to apply for Mama earth’s IPO Whatever may be the valuations Whatever may be the price band A co generating 24 rs cr profits and seeking valuations of 24k cr
And teaching valuations in shark tank
Another Paytm in making.