Know Why Is Mamaearth IPO Going On Hold?

D2C Ecommerce Unicorn Mamaearth Has Reportedly Put Its Initial Public Offering (IPO) on Hold Due to Weak Market Conditions

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Mamaearth Is on Wait and Watch Mode With Regards to Its IPO Due to the Volatility in the Global Stock Market: Report

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Mamaearth Said It Is Awaiting Formal Approval From SEBI for Its DRHP and It Would Have 12 Months To File RHP and Take the Company Public

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As per the Report, Mamaearth Was Looking To Raise $200 Mn-$300 Mn Through the Public Offer

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However, Mamaearth Said That Pricing and Valuations Will Be Discovered as Part of Marketing Roadshows and the Company Is Not Focused on Short-Term Valuations

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