Skip to main content

Shilpa Shetty Kundra to earn over Rs. 43 crores from Mamaearth IPO launch October 31, 2023 at 03:53PM

Image
By Banglore Film City

Actress turned entrepreneur and fitness enthusiast Shilpa Shetty Kundra certainly knows how to act and of course turn a profit with almost everything she touches. After successfully launching and running multiple ventures, Shilpa, who had invested a massive Rs. 5 crores in Mamaearth, is all set to the reap the benefits of being an early bird investor as the company goes public. As per reports, Mamaearth parent Honasa Consumer Ltd has set a price band of Rs 308-324 a share for its initial public offering (IPO), which will open on October 31.

Thanks to this, Shilpa Shetty who had initially invested approximately Rs. Rs. 5,83,19,352 for 1,393,200 shares at the rate of Rs. 41.86 per share, is all set to rake in a staggering Rs. 43,88,58,000 post IPO launch with each share being sold for an average price of Rs. 315 per share. While, this is a rough estimation of what Shilpa stands to earn, business insiders say that the amount could be well higher than that, based on the selling price of each share, since the top band range extends from Rs. 308 – Rs, 324 per share.

Meanwhile, on the work front, Shilpa was last seen in the movie Sukhee. Directed by Sonal Joshi, the film also starred Amit Sadh and Chaitannya Choudhry. She has a keenly awaited project in the form of Rohit Shetty’s first web series Indian Police Force, where she is all set to play a pivotal character. The Amazon Prime Video web show also stars Sidharth Malhotra and Vivek Oberoi and will stream on the platform from January 19, 2024 onwards.

Also Read: Shilpa Shetty and Raj Kundra seek blessings at Siddhivinayak Temple ahead of UT 69 release; watch



from Latest Bollywood News | Hindi Movie News | Hindi Cinema News | Indian Movies | Films - Bollywood Hungama https://ift.tt/vJ2SehA
Labels:

Comments

Post a Comment

Popular posts from this blog

Makers of Rajkummar Rao-Janhvi Kapoor’s Mr And Mrs Mahi recreate a portion of Kabhi Khushi Kabhie Gham’s song ‘Say Shava Shava’? May 08, 2024 at 01:36PM

By Banglore Film City
The dry period in Bollywood might temporarily halt with the release of this week’s Srikanth, starring Rajkummar Rao, Jyotika, Alaya F and Sharad Kelkar. The movie-watching season will begin in full force with Mr And Mrs Mahi, which will arrive in cinemas on May 31. Bollywood Hungama reported last week that the trailer is on its way. Now, we bring to you another interesting development about this film, starring Rajkummar Rao and Janhvi Kapoor. A source told us, “The makers of the film have recreated the much-loved song ‘Say Shava Shava’ from Kabhi Khushi Kabhie Gham (2001) for this film. The recreation is not done for the whole song. Rather, they have only chosen to recreate the stanza that begins with the line ‘Dekho Tainu Pehli Pehli Baar Ve’. It’s played during an important scene between the lead actors, Rajkummar and Janhvi.” Interestingly, Kabhi Khushi Kabhie Gham was directed b...
Post a Comment
Read more

Shahid Kapoor, Anees Bazmee and Rashmika Mandanna's next with Dil Raju to start from August 1 May 18, 2023 at 11:00AM

By Banglore Film City
After working in the industry for 20 years, Shahid Kapoor is finally gearing up for his first film with ace filmmaker, Anees Bazmee. The actor will be seen in a double role in this out and out comic commercial entertainer, produced by Dil Raju.  The film will feature Rashmika Mandanna in female lead and is among the awaited films from Shahid Kapoor's line up. Bollywood Hungama has got to know that Shahid Kapoor has allotted his dates to Anees Bazmee and will soon commence shooting for this comic caper. According to our sources close to the development, Shahid Kapoor will start shooting for Anees Bazmee's comedy from August 1. "Shahid Kapoor is very excited to do an out and out comedy after a long time and will commence his work on the film from August 1. He has allotted bulk dates to Anees Bazmee from August to December as the team is planning a start to finish schedule," revealed a trade source to Bollywood Hungama. Shahid will have two distinct looks in the film a...
Post a Comment
Read more

Bombay High Court orders stays the release of Hamare Baarah, two days before the film’s release June 07, 2024 at 01:02PM

By Banglore Film City
Hamare Baarah, which is making news for its bold approach and thought-provoking plotline, has been mired in controversy, with the makers landing in deep trouble. The highly anticipated release of Annu Kapoor, Manoj Joshi, and Paritosh Tripathi starrer, has encountered a significant setback as the Bombay High Court has issued a stay on its release just two days before its scheduled release on June 7, extending the hold until June 14. This unexpected turn of events has impacted the premiere of the film which was expected to be held this week, leaving makers in an uncertain dilemma. The legal obstacle arises from a petition filed by activists from a specific religious community at the Mumbai High Court, opposing the film's release. Producers Birender Bhagat and Ravi S Gupta have raised serious concerns regarding the imposition of the stay, especially given that the film had already obtained a censor certificate. In a recent statement given to NDTV, Mr Bhagat explained their predicame...
Post a Comment
Read more