Mamaearth IPO: The IPO of Hanasa Consumer Private Limited, the parent company of Famous Beauty and Wellness Brand Mamharth, is scheduled to open on 31 October 2023 today.There has been a lot of curiosity for this IPO for a long time.The company aims to raise Rs 1701 crore through this issue.If you are also thinking about putting money in the IPO of MamArth, then we are telling you its details.Know how much the company has fixed the price band of shares.Along with this, what are the major dates associated with this IPO.The company raised so much money from the anchor roundOn Tuesday, the company has raised a total of Rs 765.20 crore from anchor investors before the issue was opened for retail investors.The company has allotted 2.36 crore equity shares to a total of 49 anchor investors.Many companies have participated in the anchor round in the anchor round like ICICI PRUDENIL, Aditya Birla Sun Life, Nippon, Axis, Canara Robeco, SBI Sun Life Insurance, ICICI LIFE Insurance, Birla Life Insurance, Max Life Insurance, Max Life Insurance, Bajaj Aloons Insurance, Birla Life Insurance, etc..The company has decided what price bandHanasa Consumer Private Limited, a parent company of Mamharth, has fixed the price band of its issue at Rs 308 to 324 per share.In this IPO, the company is going to issue fresh shares worth Rs 365 crore.At the same time, a total of 4.13 crore equity shares will be sold by the company’s promoters and investors.In such a situation, Ghazal Alagh, who was a judge in the season one of the shark tank India, is also going to sell her stake in this issue.Apart from this, her husband Varun Alagh, Shilpa Shetty Kundra, FIRESIDE VENTURES Fund, Kunal Bahl, Rohit Kumar Bansal, Rishabh Harsh Mariwala are also selling their shares through offer for cell.What is the important dates related to IPOThe IPO of Mamharth is opening on October 31, 2023 and you can invest in it by November 2, 2023.In this IPO, you have to buy at least 46 equity shares.At the same time, retail investors can buy a maximum of 598 shares.In such a situation, in this IPO, you can invest at least Rs 14,904 and a maximum of Rs 1,93,752.The company has reserved 10 per cent of the IPO for retail investors, 75 per cent of qualified institutional buyers and non -institutional buyers.The company will allot shares to investors on 7 November 2023.According to Moneycontrol, the listing of shares on BSE and NSE will be on November 10, 2023.What is the financial condition of the company?Hanasa Consumer Private Limited, the parent company of The Derma CO and Mamharth, mainly sells its products through DTC through DTC.In FY 2023, the company had a total earning of Rs 1,492.75 crore, but even then it has incurred a loss of Rs 142.80 crore.Since then, there was a continuous dispute about the company’s valuation in the IPO.read this alsoOnion Price: Between the rising onion price, the government takes another step, the price will decrease!