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Honasa Consumer Limited (Mamaearth) IPO

Honasa Consumer Limited (Mamaearth) IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 330.00 (+1.85%)

Honasa Consumer Limited (Mamaearth)'s successfully transitioned to public market status with its listing on NSE, BSE on 07-11-2023. The IPO mobilized 5,25,16,742 Shares in cumulative capital, including 1,12,68,580 Shares for corporate expansion and ₹1336.40 Cr for shareholder liquidity management.

The public offering was conducted within the price parameters of ₹308 to ₹324, with minimum investment lots of 46 shares. subscription activity between 31-10-2023 and 02-11-2023 demonstrated market reception to the company's valuation and growth narrative.

The allotment process concluded on 03-11-2023, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.

Honasa Consumer IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Honasa Consumer IPO Key Performance Indicator
Company Financials ( In Crores )

Honasa Consumer IPO About Company

Incorporated in 2016, Honasa Consumer Limited (HCL) is a consumer products company that targets millennial customers with innovative and natural ingredient-based products, backed by strong D2C marketing and e-commerce distribution. The company currently serves customers across 500+ cities in India and has built multiple well-known brands such as Mamaearth, The Derma Co., Aqualogica, and Ayuga, while also acquiring shares in BBLUNT and the content platform Momspresso. With investments from Sequoia Capital India, Sofina SA, Fireside Ventures, and Stellaris Venture Partners, Honasa Consumer Limited is rapidly scaling and is positioned to reach a $1 billion company valuation.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Honasa Consumer IPO Strength Factors

  1. Innovation-Driven Products: The company focuses on developing unique and improved products.
  2. Multi-Channel Distribution: Presence across both online and offline channels ensures wider customer reach and convenience.

Honasa Consumer IPO Risk Factors

NA


Honasa Consumer IPO Lead Manager(s)

  • Kotak Mahindra Capital Company Limited
  • Citigroup Global Markets India Private Limited
  • Jm Financial Limited
  • J.P. Morgan India Private Limited

Honasa Consumer IPO Promoter(s)

  1. Varun Alagh
  2. Ghazal Alagh

Honasa Consumer IPO Company Details

Honasa Consumer Limited (Mamaearth)
Phone:
address:

Honasa Consumer IPO Registrar

Kfin Technologies Limited
Name:
Phone:

Honasa Consumer IPO FAQs