Honasa Consumer Limited is a digital-first house of brands catering to the diverse needs of millennial customers. They are building a new generation of beauty and personal care brands. From natural personal care to science-backed skincare and a modern take on Ayurveda, each of our brands has a unique proposition, created for millennials.
Currently catering to over 20,000 pin codes and over 40,000 points of sales across India, HCL is building an ecosystem that helps benefit the consumers and community at large. Built on a disciplined data-led innovation and channel approach, Honasa Consumer has an in-house portfolio of brands like Mamaearth, The Derma Co., Aqualogica, and Ayuga. They have also made strategic acquisitions to strengthen their portfolio ā BBlunt (Products and services), Dr Sheth’s (dermatologist formulated skincare brand).
Founded in 2016, Mamaearth started as Asia’s 1st Brand with MadeSafe certified products for babies and soon moved on to crafting safe personal care for adults. They’re Cruelty-Free and certified by PETA. They also have a plastic-positive policy where they recycle more plastic than they use. Their growth trajectory, supported by prominent investors like Sequoia Capital India, Sofina SA, Fireside Ventures, and Stellaris Venture Partners, places HCL on the path to a $1 billion valuation.
Objects of the Issue
- TBA
Mamaearth IPO Review (Apply or Not)
- May Apply
Brokerage Firm IPO Review
- Sushil Finance Ltd – Apply
- Emkay Global – Apply
Mamaearth IPO Date & Price Band Details
| IPO Open: | October 31, 2023 |
| IPO Close: | November 2, 2023 |
| IPO Size: | Approx ā¹1701 Crores |
| Fresh Issue: | Approx ā¹365 Crores |
| Offer for Sale: | Approx 41,248,162 shares |
| Face Value: | ā¹10 Per Equity Share |
| IPO Price Band: | ā¹308 to ā¹324 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 10% |
| QIB Quota: | 75% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Mamaearth IPO Market Lot
The Mamaearth IPO minimum market lot is 46 shares with ā¹14,904 application amount. The retail investors can apply up-to 13 lots with 598 shares or ā¹193,752 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 46 | ā¹14,904 |
| Retail Maximum | 13 | 598 | ā¹193,752 |
| S-HNI Minimum | 14 | 644 | ā¹208,656 |
| B-HNI Minimum | 68 | 3128 | ā¹1,013,472 |
Mamaearth IPO Allotment & Listing Dates
The Mamaearth IPO date is October 31 and the close date is November 2. The Mamaearth IPO allotment will be finalized on November 4 and the IPO listing on November 7.
| Anchor Investors Allotment: | October 30, 2023 |
| IPO Open Date: | October 31, 2023 |
| IPO Close Date: | November 2, 2023 |
| Basis of Allotment: | November 4, 2023 |
| Refunds: | November 6, 2023 |
| Credit to Demat Account: | November 6, 2023 |
| IPO Listing Date: | November 7, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Mamaearth IPO Form
How to apply for the Mamaearth IPO? You can apply for Mamaearth IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Mamaearth IPO in the Invest section. The other option is you can apply for Mamaearth IPO via IPO forms downloaded via NSE and BSE. Check out the Mamaearth forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Mamaearth Company Financial Report
| ā¹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ā¹114 | ā¹542 | ā¹428.03 |
| 2021 | ā¹472 | ā¹1797 | ā¹1332.22 |
| 2022 | ā¹964 | ā¹942 | ā¹14.44 |
| 2023 6M | ā¹732 | ā¹723 | ā¹3.67 |
Mamaearth IPO Valuation – FY2022
Check Mamaearth IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ā¹0.53 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 2.23% |
| Net Asset Value (NAV): | ā¹23.42 per Equity Share |
Peer Group
- N/A
Company Promoters
- VARUN ALAGH
- GHAZALALAGH
Mamaearth IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/
Mamaearth IPO Allotment Status Check
Check Mamaearth IPO allotment status on KFintech website allotment URL. Click Here
Mamaearth IPO Lead Managers aka Merchant Bankers
- Kotak Mahindra Capital Company Limited
- Citigroup Global Markets India Private Limited
- Jm Financial Limited
- J.P. Morgan India Private Limited
Company Address
Honasa Consumer Limited
Unit No. 404, 4th Floor, City Centre,
Plot No. 05, Sector – 12,
Dwarka ā South West Delhi,-110 075
Phone: +91 124 4071960
Email: [email protected]
Website: http://www.honasa.in/
Mamaearth IPO FAQs
What is Mamaearth IPO?
When Mamaearth IPO will open?
What is Mamaearth IPO Investors Portion?
How to Apply the Mamaearth IPO?
How to Apply the Mamaearth IPO through Zerodha?
How to Apply the Mamaearth IPO through Upstox?
How to Apply the Mamaearth IPO through Paytm Money?
What is Mamaearth IPO Size?
What is Mamaearth IPO Price Band?
What is the Mamaearth IPO Allotment Date?
What is the Mamaearth IPO Listing Date?
Note: The Mamaearth IPO price band and date are officially announced. The IPO grey market premium (Mamaearth IPO Premium) will be added to the IPO grey market page as it will start).
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