Honasa Consumer Block Deal: Peak XV, Sequoia, Redwood Trust to sell stake for up to ₹400 crore
Peak XV Partners, Sequoia Capital and Redwood Trust are likely to sell a 2.73% equity stake in Honasa Consumer Ltd, the owner of beauty brand Mamaearth, through a block deal, according to sources.The offer size is pegged at up to ₹400 crore, with the floor price set at ₹450 per share. The floor pri…