Honasa Consumer is scheduled to hit the market on October 31, 2023 and close on November 02 2023. Honasa Consumer plans to raise around ₹… Cr through an IPO with a sale of up to .. equity shares of ₹10 each. The Retail offered 10.00%, QIB Shares Offered 75.00%, HNI Shares Offered 15.00%.
Established in 2016, Honasa Consumer Limited (HCL) is a digital platform that specializes in offering beauty and personal care products. With a strong foundation built on the principles of Honesty, Natural ingredients, and Safe care, HCL operates across more than 500 cities in India. Its diverse portfolio comprises in-house brands such as Mamaearth, The Derma Co., Aqualogica, Dr. Sheth's, and Ayuga.
Recent strategic moves include acquiring stakes in BBLUNT and the content platform Momspresso. Supported by prominent investors like Sequoia Capital India, Sofina SA, Fireside Ventures, and Stellaris Venture Partners, HCL aims to achieve a valuation of $1 billion.
Honasa Consumer IPO Details
Honasa Consumer IPO opens on Oct 31, 2023, and closes on Nov 02, 2023. The Listing date for Honasa Consumer IPO is on Nov 10, 2023. The price band for IPO is ₹308 to ₹324 per share and lot size of 46 Shares.
| IPO Date | Oct 31, 2023 to Nov 02, 2023 |
| Listing Date | Nov 10, 2023 |
| Price | ₹308 to ₹324 per share |
| Lot Size | 46 Shares |
| Issue Size | ₹….Cr |
| Face Value | ₹10 per share |
Honasa Consumer IPO Tentative Timetable
Honasa Consumer opening date is October 31, 2023 and close date is November 02, 2023. The IPO allotment date is November 7, 2023. The refund initiation of IPO is on November 8, 2023. The credit of shares in demat account is on November 9, 2023. The listing date is on November 10, 2023.
| Event | Date |
|---|---|
| IPO Opening | Oct 31, 2023 |
| IPO Closing | Nov 02, 2023 |
| IPO Allotment Date | Nov 7, 2023 |
| Refund Initiation | Nov 8, 2023 |
| Shares Credit to Demat | Nov 9, 2023 |
| Lisiting Date | Nov 10, 2023 |
Honasa Consumer IPO Lot Size
Lot Size of this IPO is 46 shares. A retail-individual investor can apply for up to 13 lots (598 shares or ₹193,752).
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail(Minimum) | 1 | 46 | ₹14,904 |
| Retail(Maximum) | 13 | 598 | ₹193,752 |
| S-HNI (Minimum) | 14 | 644 | ₹208,656 |
| B-HNI (Minimum) | 68 | 3,128 | ₹1,013,472 |
Honasa Consumer IPO Promoter Holding
| Pre Issue Share Holding | 37.41% |
| Post Issue Share Holding |
Honasa Consumer IPO Review
As of June 30, 2023, HCL offers an extensive range of products, including baby care, face care, body care, hair care, color cosmetics, and fragrances. The company's competitive edge is highlighted by its commitment to innovation and its multifaceted distribution channels that cater to both online and offline customers.
The competitor analysis offers a holistic view of the market landscape, enabling potential investors to compare the company's financial performance, earnings per share, return on net worth, and net asset value with those of key players in the industry. While the company's basic and diluted earnings per share for the fiscal year ending March 31, 2023, are negative, the provided data offers valuable insights into the company's overall financial health and position in the market.
Investors evaluating the company's upcoming IPO can utilize this information to assess the company's performance in relation to its competitors, thereby making informed investment decisions. They should carefully consider all the relevant financial metrics, market conditions, and industry trends before determining whether to participate in the IPO.
Honasa Consumer IPO Subscription Status (Bidding Details)
| Investor | Subscription |
|---|---|
| Qualified Institutions (QII) | 0 |
| Non-Institutional Buyers | 0 |
| bNII (bids above ₹10L) | 0 |
| sNII (bids below ₹10L) | 0 |
| Retail Investors(RII) | 0 |
| Employees | 0 |
| Others | 0 |
| Total | 0 |
Honasa Consumer IPO Broker Recommendations
- Capital Market: To be updated soon
- Anand Rathi: To be updated soon
- SMC Global: To be updated soon
- Arihant Capital: To be updated soon
Honasa Consumer IPO FAQs
What is Honasa Consumer IPO?
Honasa Consumer is issuing … equity shares with a face value of ₹10 each, totaling up to ₹.. Cr. The shares are being offered at a price of ₹308 to ₹324 each, with a minimum order quantity of 46 shares.
Kfin Technologies Limited is the registrar for the IPO, and the shares are planned to be listed on the BSE and NSE.
When Honasa Consumer IPO will open?
Honasa Consumer will open on October 31, 2023 for QIB, NII, and Retail Investors.
When Honasa Consumer IPO will end?
Honasa Consumer will end on November 02, 2023.
What is Honasa Consumer IPO Size?
Honasa Consumer IPO size is … Cr.
What is Honasa Consumer IPO Price Band?
Honasa Consumer price band is ₹308 to ₹324 per share.
What is the Honasa Consumer IPO Allotment Date?
Honasa Consumer allotment date is November 7, 2023.
What is the Honasa Consumer IPO Listing Date?
Honasa Consumer listing date is November 10, 2023. The IPO is to be listed on BSE and NSE.
How to Apply Honasa Consumer IPO through Zerodha?
To apply for the IPO “Honasa Consumer” on Zerodha, log in to the Zerodha website or app, go to the Portfolio section, and click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Zerodha.
How to Apply Honasa Consumer IPO through Upstox?
To apply for the IPO “Honasa Consumer” on Upstox, log in to the Upstox website or app, click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Upstox.
How to check Honasa Consumer IPO Allotment Status?
For Honasa Consumer IPO Allotment status check you can visit this link, select the desired IPO and enter your PAN to check the allotment status.
What is Honasa Consumer IPO GMP?
You can check out here: Honasa Consumer IPO GMP