Archive · 23 Jul 2025
Menhood Seeks Approval for INR 42 Cr Fundraising
Imagine a company called Menhood that makes grooming products for men.
They want to raise money, like asking friends and family to invest in their business.
They plan to sell special shares, called warrants, to investors.
Some of the people investing are Divya Gandotra, investment firms, and Raman Talwar.
These investors will get a part of the company in return.
Menhood’s shares have done well since they first started selling them, which means the company is growing.
They will hold a meeting to ask their current shareholders for permission to do this.
Menhood, a D2C personal care brand, seeks shareholder approval to raise INR 42 Cr.
The company plans to issue 24.8 Lakh fully convertible equity warrants at INR 170 per share.
Key investors include Divya Gandotra, Pinnacle Investments, Capital Vision, and Raman Talwar.
Talwar's shareholding will increase to 8.15% post-investment; Pinnacle and Capital Vision to 4.07% each.
The company's shares have increased by over 71% since its listing in July 2024.
- Who
- Menhood's parent company Macobs Technologies, cofounder Divya Gandotra, Pinnacle Investments, Capital Vision, and Raman Talwar are involved.
- What
- Menhood, a D2C personal care brand, is seeking to raise INR 42 Cr via a preferential issue.
- When
- The company will hold an extraordinary general meeting (EGM) on September 1st to seek shareholder approval.
- Where
- Not explicitly mentioned.
- Why
- The company aims to raise funds but has not disclosed the specific purpose.
- Company
- Menhood (Macobs Technologies)
- Amount to be raised
- INR 42 Cr
- Share Price
- INR 170 per warrant
- Shares to be issued
- 24.8 Lakh fully convertible equity warrants
- Key Investors
- Divya Gandotra, Pinnacle Investments, Capital Vision, Raman Talwar
- Listing Date
- July 2024
- Share Increase Since Listing
- Over 71%