73  Total SME IPOs listed in 2025

3,196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Honasa (Mamaearth) Consumer IPO (Honasa (Mamaearth) Consumer Limited IPO) Detail

Honasa (Mamaearth) Consumer IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 1701.44 Cr. The company is based in New Delhi and caters to Healthcare - Personal Care sector. Citigroup Global Markets India , J.P. Morgan India , Jm Financial , Kotak Mahindra Capital Company are the merchant bankers of Honasa (Mamaearth) Consumer IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th December 2022.

Honasa (Mamaearth) Consumer IPO open date is 31st October 2023 and close date is 2nd November 2023. IPO Allotment Date is 6th November 2023 and Listing date is 7th November 2023.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

Honasa (Mamaearth) Consumer IPO Date

Date of DRHP:
28th December 2022
IPO Open Date:
31st October 2023
IPO Close Date:
2nd November 2023
IPO Allotment Date:
6th November 2023
Initiation of Refund:
6th November 2023
IPO Listing Date:
7th November 2023

Honasa (Mamaearth) IPO Info, Size, Subscription

Honasa (Mamaearth) Consumer IPO size is ₹ 1701.44 Cr. with IPO price of ₹ 324.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 1701.44 Cr.

Issue Price:
₹ 324.00

Market Capitalisation :
₹ 10425.00 Cr.

PE multiple :
25.03

Subscription :
7.61 times

Pre Issue Promoter Holding :
37.41 %

Post Issue Promoter Holding :
35.34 %

Honasa (Mamaearth) Consumer IPO Information

Sub Sector : beauty and personal care product
Honasa (Mamaearth) Consumer Limited is the largest digital-first beauty and personal care (BPC) brand in India by revenue for the Financial Year 2022, as per the RedSeer Report. Since its inception, it has focused on developing products that address the beauty and personal care challenges of consumers. Its flagship brand, Mamaearth, has gained recognition for offering safe-to-use, toxin-free products made with natural ingredients. As of September 2022, Mamaearth became the fastest-growing BPC brand in India, reaching an annual revenue of 10 billion within just six years of launch. In addition to Mama earth, the company has expanded its portfolio to include five other brands.

Object of Issue (Honasa (Mamaearth) IPO Objectives)

  • Advertisement expenses towards enhancing the awareness and visibility of the company's brands
  • Capital expenditure to be incurred by the Company for setting up new EBOs
  • Investment in the company's Subsidiary, Bhabani Blunt Hairdressing Private Limited.
  • General Corporate Purposes

Citigroup Global Markets India Private Limited is the book-running lead manager of the Honasa (Mamaearth) Consumer IPO. Kfin Technologies Limited is the Registrar for Honasa (Mamaearth) Consumer IPO.

Honasa (Mamaearth) Consumer IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Honasa (Mamaearth) Consumer IPO?

Honasa (Mamaearth) Consumer IPO, based in New Delhi, operates in the   Healthcare - Personal Care sector with a focus on beauty and personal care product. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Honasa (Mamaearth) Consumer IPO size is ₹ 1701.44 Cr. with fresh issue size of ₹ 365.00 Cr. and Offer for sale being ₹ 1336.44Cr.

When is Honasa (Mamaearth) IPO allotment?

The IPO allotment date for Honasa (Mamaearth) Consumer IPO is expected to be 6th November 2023, after the finalization of basis of allotment. Investors can check Honasa (Mamaearth) Consumer IPO allotment status on the registrars website, Kfin Technologies Limited . Honasa (Mamaearth) Consumer IPO refund dates are 6th November 2023.

When is Honasa (Mamaearth) Consumer IPO listing date?

Honasa (Mamaearth) Consumer IPO is expected to be listed on 7th November 2023.

What is the price band for Honasa (Mamaearth) IPO?

The upper price band for the Honasa (Mamaearth) Consumer IPO is set at ₹ 324.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Honasa (Mamaearth) Consumer IPO Review?

For IPO analysis on Honasa (Mamaearth) Consumer IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Honasa (Mamaearth) Consumer IPO?

To apply for the Honasa (Mamaearth) Consumer IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 2nd November 2023. After submission, funds are blocked until the basis of allotment of Honasa (Mamaearth) Consumer IPO is finalised.

Who is the merchant banker of Honasa (Mamaearth) IPO?

The merchant banker for Honasa (Mamaearth) Consumer IPO is Citigroup Global Markets India Private Limited , J.P. Morgan India Private Limited , Jm Financial Limited , Kotak Mahindra Capital Company Limited . Citigroup Global Markets India Private Limited , J.P. Morgan India Private Limited , Jm Financial Limited , Kotak Mahindra Capital Company Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Honasa (Mamaearth) Consumer IPO RHP for further details.

Who is the Registrar of Honasa (Mamaearth) Consumer IPO?

The registrar for Honasa (Mamaearth) Consumer IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Honasa (Mamaearth) Consumer IPO through their official website or helpline.

What is the Honasa (Mamaearth) Consumer IPO subscription?

Honasa (Mamaearth) Consumer IPO was subscribed 7.61 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Honasa (Mamaearth) Consumer IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Honasa (Mamaearth) Consumer Financial Review Page

Honasa (Mamaearth) Consumer IPO subscription was 7.61 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Honasa (Mamaearth) Consumer IPO listed at a listing price of 337.15 against the offer price of 324.00.

The current market price of Honasa (Mamaearth) Consumer is 320.00.

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