Mamaarth’s parent company Honasa has launched an IPO worth Rs 1,701 crore. In this the company will issue new shares worth Rs 365 crore. There is a plan to sell 4.12 crore stocks through Offer for Sale (OFS). Honasa was launched in September 2016. It manufactures products for Beauty and Personal Care (BPC). The company’s focus has been on making products with toxin-free and natural inputs. Currently the company has five brands – The Derma Co, Aqualogica, BBlunt, Ayuga and Dr. Sheth’s are
