Mamaearth IPO Date, Review, Price, Allotment Details

Mamaearth IPO Details: Mamaearth IPO date is fixed, the IPO is to hit the market on October 31 and will close on November 2. Mamaearth IPO to raise around ₹1701 crores via IPO that comprises fresh issue of ₹365 and offer for sale up to 41,248,162 shares of ₹10 each. The retail quota is 10%, QIB is 75%, and HNI is 15%.
honasa ipo mamaearth

Table of Contents

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 – 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 ₹1701 Crores
Fresh Issue:Approx ₹365 Crores
Offer for Sale:Approx 41,248,162 shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹308 to ₹324 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 ₹14,904 application amount. The retail investors can apply up-to 13 lots with 598 shares or ₹193,752 amount.

ApplicationLot SizeSharesAmount
Retail Minimum146₹14,904
Retail Maximum13598₹193,752
S-HNI Minimum14644₹208,656
B-HNI Minimum683128₹1,013,472

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

  ₹ in Crores
YearRevenueExpensePAT
2020₹114₹542₹428.03
2021₹472₹1797₹1332.22
2022₹964₹942₹14.44
2023 6M₹732₹723₹3.67

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):₹0.53 per Equity Share
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):2.23%
Net Asset Value (NAV):₹23.42 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 – South West Delhi,-110 075
Phone: +91 124 4071960
Email: [email protected]
Website: http://www.honasa.in/

Mamaearth IPO FAQs

What is Mamaearth IPO?

Mamaearth IPO is a main-board IPO. They are going to raise ₹1701 Crores via IPO. The issue is priced at ₹308 to ₹324 pr equity share. The IPO is to be listed on BSE & NSE.

When Mamaearth IPO will open?

The IPO is to open on October 31, 2023 for QIB, NII, and Retail Investors.

What is Mamaearth IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the Mamaearth IPO?

You can apply for Mamaearth IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Mamaearth IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Mamaearth”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Mamaearth IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Mamaearth”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Mamaearth IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Mamaearth”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Mamaearth IPO Size?

Mamaearth IPO size is ₹1701 crores.

What is Mamaearth IPO Price Band?

Mamaearth IPO Price Band is ₹₹308 to ₹324.

What is the Mamaearth IPO Allotment Date?

Mamaearth IPO allotment date is November 4, 2023.

What is the Mamaearth IPO Listing Date?

Mamaearth IPO listing date is November 7, 2023. The IPO is to list on BSE and NSE.

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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