IPO

Honasa Consumer Limited (Mamaearth) IPO

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Personal Care

Listed On: Nov 7, 2023 at ₹ 330.0(NSE)

₹ 14904 /46 Shares

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Price Summary

Last Closing

469.05 (44.77%)

52 Week High

547.00

52 Week Low

256.30

Last Update

19-Sep-2024 3:30 PM

Honasa Consumer Limited (Mamaearth) IPO Details

31 Oct, 2023

Open Date

02 Nov, 2023

Close Date

03 Nov, 2023

Allotment Date

07 Nov, 2023

Listing Date

Issue Price

₹308-324 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Kfin Technologies Limited

List Price

330.0(NSE)

Listing Date

2023-11-07

Market Lot

Retail : 46 Shares (₹14,904/-)
S-HNI : 644 Shares (₹2,08,656/-)
B-HNI : 3,128 Shares (₹10,13,472/-)

Lead Manager

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

Issue Size

Approx 1701 Cr.

Retail Portion

10% (Number of Retail Applications: 1,14,086 Approx),
(Number of S-HNI Applications : 4,075 Approx),
(Number of B-HNI Applications : 8,149 Approx)

Subscription

7.61 times

Honasa Consumer Limited (Mamaearth) IPO Subscription Details

As onQIBNII
bNII   sNII
RetailEmployeeTotal
Shares Offered / Reserved15,744,8207,872,409
5,248,272    2,624,137
5,248,27234,01328,899,514
Day 1 - 31-10-23 05:00 PM0.10 x0.03
0.02 x   0.05 x
0.34 x1.97 x0.12 x
Day 2 - 01-11-23 05:00 PM1.02 x0.09
0.08 x   0.10 x
0.62 x3.19 x0.70 x
Day 3 - 02-11-23 05:00 PM11.50 x4.02
4.85 x   2.36 x
1.35 x4.87 x7.61 x
Total No. of Applications: 1,19,510 (Approx)
Retail Subscription on the basis of Applications: 1.05 times

Honasa Consumer Limited (Mamaearth) Valuations

Earnings Per Share (EPS)

₹4.66/-

P/E Ratio

N/A

RoNW

-23.57%

Net Asset Value (NAV) - As on 31.03.22

₹N/A

Honasa Consumer Limited (Mamaearth) Company Financials All values are in ₹ Cr.

31-Mar-2331-Mar-2231-Mar-2131-Mar-20
Assets966.421,035.01302.64181.01
Revenue1,515.27964.35472.10114.17
Profit After Tax-150.9714.55-1,332.21-428.05

About The Company

Honasa Consumer Limited,(HCL) is a company that caters to the demands of millennial consumers through novel products, developed propositions, direct-to-consumer marketing, and e-commerce fulfillment. The company was founded on the values of Honesty, Natural ingredients, and Safe care and currently serves over 500 cities in India. The ecosystem that HCL is creating will help both the general public and consumers. The company has grown several consumer brands internally including Mamaearth, The Derma Co., Aqualogica, and Ayuga. It has recently acquired shares in BBLUNT and the content platform Momspresso. With the support of Sequoia Capital India, Sofina SA, Fireside Ventures, and Stellaris Venture Partners, HCL is positioned to become a $1 billion company.

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Honasa Consumer Limited (Mamaearth) - Promoter(s)

Pre Issue Share Holding: N/A%

Post Issue Share Holding: N/A%


Company Promoter(s)

  1. Varun Alagh
  2. Ghazal Alagh

Honasa Consumer Limited (Mamaearth) IPO - Issue Objectives

  1. Advertisement expenses towards enhancing the awareness and visibility of our brands
  2. Capital expenditure to be incurred by our Company for setting up new EBOs
  3. Investment in our Subsidiary, Bhabani Blunt Hairdressing Private Limited (BBlunt) for setting up new salons
  4. General corporate purposes and unidentified inorganic acquisition.

Honasa Consumer Limited (Mamaearth) IPO - Anchor Investors

Mamaearth raises Rs 765 crore from anchor investors ahead of IPO.

The parent firm of Mamaearth has attracted great interest from investors as marquee names like Smallcap World Fund Inc, Fidelity Funds, Abu Dhabi Investment Authority, Government Pension Fund Global, Caisee De Depot ET Placement, FSSA India Suncontinent Fund, Carmignac Portfolio, Goldman Sachs, Fundpartner Solutions, and Hornbill Orchid India Fund invested in the company via anchor book.

Mutual Fund houses like ICICI Prudential Mutual Fund, Aditya Birla Sun Life Trustee, Nippon Life India, Axis Mutual Fund, Whiteoak Capital MF, Invesco, Kotak Funds, and Franklin Templeton Investment Funds also participated in the book.

Insurance majors namely SBI Life Insurance Company, Aditya Birla Sun Life Insurance Company, ICICI Prudential Life Insurance Company, Max Life Insurance Company, Bajaj Allianz Life Insurance Company, and Bharti Axa Life Insurance Company also invested.

Honasa Consumer Limited (Mamaearth) IPO - FAQs

Ans. Honasa Consumer Limited (Mamaearth) IPO is a Mainboard IPO. The issue is priced at ₹308-324 per equity share. The minimum order quantity is 46 Shares. The IPO opens on Oct 31, 2023, and closes on Nov 2, 2023. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Honasa Consumer Limited (Mamaearth) IPO opens on Oct 31, 2023 and closes on Nov 2, 2023.

Ans. The size of Honasa Consumer Limited (Mamaearth) IPO is Approx 1701 Cr..

Ans. The IPO price band is set between ₹308-324 per equity share.

Ans. To apply for Honasa Consumer Limited (Mamaearth) IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Honasa Consumer Limited (Mamaearth) IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Honasa Consumer Limited (Mamaearth) IPO is Nov 3, 2023.

Ans. The Honasa Consumer Limited (Mamaearth) IPO will be listed on Nov 7, 2023.

Ans. Follow the steps to check the allotment status for Honasa Consumer Limited (Mamaearth) IPO here.