Zomato CEO Deepinder Goyal Gets 33,422 Mamaearth Shares

HomeStock MarketZomato CEO Deepinder Goyal Gets 33,422 Mamaearth Shares

Published on

November 6, 2023

Bid-allottee data from the IPO showed that Goyal applied for 3.08 Lakh shares but was allotted only 33,422
Goyal’s allotment of the D2C unicorn’s shares comes as retail investors seemed least interested in Mamaearth’s IPO
The startup plans to raise up to INR 1,700 Cr via its IPO at a valuation of $1.2 Bn
The cofounder and CEO of Zomato, Deepinder Goyal, has been allotted 33,422 shares in the public issue of Honasa Consumer, the parent company of beauty D2C unicorn Mamaearth.