Honasa Consumer Limited IPO: The book-built IPO of Honasa Consumer Limited is valued at Rs 1,701.00 crores. The offering for sale of 4.12 crore shares and a new issue of Rs 365.00 crore make up this issue. The IPO price range for Honasa Consumer Limited is ₹308 to ₹324 per share. A lot must have a minimum of 46 Shares to be considered. Retail investors must invest a minimum of ₹14,904 in order to qualify. For both sNII and bNII, the minimum lot size investment is ₹208,656 for 14 lots (644 shares) and ₹1,013,472 for 68 lots (3,128 shares).
The subscription period for the Honasa Consumer Limited IPO begins on October 31, 2023, and ends on November 2, 2023. On Tuesday, November 7, 2023, the allocation for the Honasa Consumer Limited initial public offering is anticipated to be completed. The tentative listing date for the Honasa Consumer Limited IPO is Friday, November 10, 2023, and it will take place on the BSE and NSE.
The book running lead managers of the Honasa Consumer Limited IPO are Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, Jm Financial Limited, and J.P. Morgan India Private Limited. The registrar of the offering is Kfin Technologies Limited.
Honasa Consumer Limited IPO Overview
| Honasa Consumer Limited Company Overview | |
|---|---|
| Company Name | Honasa Consumer Limited |
| IPO Opening Date | 31 October, 2023 |
| IPO Closing Date | 02 November, 2023 |
| Face Value | 10₹ Per Share |
| Share Price Range | 308₹ – 324₹ |
| Lot Size | 46 Shares Per Lot |
| GMP | Check Here |
| Issue Type | Book Built Issue |
| Total IPO Issue Size | . Shares |
| Fresh Issue Size | . Shares |
| IPO Listing At | NSE, BSE |
| Share Holding Pre Issue | 310,479,227 |
| Employ Discount | Rs 30 Per Share |
| More IPO’s | Check Here |
Honasa Consumer Limited IPO Lot Size
Investors may make a minimum offer of 46 shares and an amount greater than that. The minimum and highest investments made by retail investors and HNI in terms of shares and money are shown in the table below.
| Honasa Consumer Limited IPO Lot Size | |
|---|---|
| Minimum Retail Applications | 01 Lot |
| Maximum Retail Applications | 13 Lots |
| Minimum S-HNI Applications |
14 Lots |
| Maximum S-HNI Applications | 67 Lots |
| Minimum B-HNI Applications | 68 Lots |
| Total Shares In Single Lot | 46 Shares |
| Amount For Single Lot | ₹14,904 |
Honasa Consumer Limited IPO Time Table (Tentative)
The IPO for Honasa Consumer Limited starts on October 31, 2023, and ends on November 02, 2023.
| Honasa Consumer Limited IPO Time Table Complete Details | |
|---|---|
| IPO Initiation Date | 31 October, 2023 |
| IPO Ending Date | 02 November, 2023 |
| Basis Of Allotment | 07 November, 2023 |
| Initiation Of Refund | 08 November, 2023 |
| Shares Credit To Demat Account | 09 November, 2023 |
| Date Of Listing | 10 November, 2023 |
| Cut Off Time For UPI Mandate Confirmation | 05:00 PM, 02 November, 2023 |
Honasa Consumer Limited IPO Reservation Details
| Honasa Consumer Limited IPO Reservation Overview | |
|---|---|
| Shares Offered To Retailers | Not Less Than 10% Of Net Offer |
| Shares Offered To HNI | Not Less Than 15% Of Net Offer |
| Shares Offered To QIB | Not More Than 75% Of Net Offer |
Honasa Consumer Limited Company Financials
| Honasa Consumer Limited Company Financials Information | |
|---|---|
| This Data Is Of | 31 March, 2023 |
| Total Revenue | 964.35 |
| Assets | 1,035.01 |
| Profit After Tax | 14.55 |
| Net Worth | 705.62 |
| Reserves And Surplus | – |
| Debt | 3.59 |
| All Amount In ₹Crore | |
Honasa Consumer Limited Promoters Holding
| Share Holding Pre Issue | 37.41% |
| Share Holding Post Issue | – |
Honasa Consumer Limited Key Performance Indicators
| Honasa Consumer Limited Key Performance Indicators | |
|---|---|
| KPI | Values |
| Market Capitalization (In Cr.) | 10425 |
| EPS | 4.66 |
| RoNW | -23.57% |
Is Honasa Consumer Limited IPO Contact Details.
| Honasa Consumer Limited Contact Details | |
|---|---|
| Company Address | Unit No. 404, 4th Floor, City Centre, Plot No. 05, Sector – 12, Dwarka – South West Delhi,-110 075 |
| Phone | +91 124 4071960 |
| compliance@mamaearth.in | |
| Website | http://www.honasa.in/ |
Is Honasa Consumer Limited IPO Good Or Bad To Buy?
Honasa Consumer, which was established on the principles of safety, natural ingredients, and honesty, presently provides services in more than 500 Indian towns. The business has developed a number of consumer brands internally, such as Dr. Sheth’s, Ayuga, Aqualogica, Mamaearth, and The Derma Co.
It recently purchased stock in Momspresso, a content platform, and BBLUNT. HCL is well-positioned to grow into a $1 billion business with the backing of Sequoia Capital India, Sofina SA, Fireside Ventures, and Stellaris Venture Partners.
The company offers baby care, face care, body care, hair care, color cosmetics, and perfumes as of June 30, 2023.
What Is The Future Of Honasa Consumer Limited Stock?
- Constructing Novel Products.
- To meet the demands of its clients both online and offline, the business offers a variety of distribution channels.
What Is The Objective Of Honasa Consumer Limited IPO Issue?
The main objective’s of Honasa Consumer Limited IPO issue are :-
- Advertising costs aimed at raising brand awareness and exposure for the company.
- The Company will have to pay capital expenses in order to establish new EBOs.
- Funding for the establishment of new salons at Bhabani Blunt Hairdressing Private Limited (“BBlunt”), the company’s subsidiary.
- General business objectives and an undisclosed inorganic acquisition.
How To Apply For Honasa Consumer Limited IPO?
The Honasa Consumer Limited IPO application form and payment can both be completed online. Through the net banking feature of your bank account, you can access the ASBA IPO application. UPI IPO applications are provided by brokers who do not offer banking services. On this page, you can get more details on how to apply for an IPO online using Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank, and SBI Bank.
When Is Honasa Consumer Limited IPO Allotment?
The Allotment Date For Honasa Consumer Limited IPO Is November__, 2023.