The disposable hygiene products manufacturer, backed by FirstCry, is expected to file draft papers within 10-15 days. The issue will likely comprise fresh shares and an OFS.
According to market research firm IMARC, India’s diaper market was valued at $1.83 billion in 2025 and is projected to reach $3.18 billion by 2034, implying a compound annual growth rate of 6.37%. Rising birth rates, growing middle-class incomes, increasing hygiene awareness and retail expansion are expected to drive growth, the report said.
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