Honasa Consumer Ltd
Price Range
₹308 - ₹324
Min. Quantity
46
Closes on
2 November 2023
Min. investment
₹14,904/598 Shares
Honasa Consumer Ltd IPO Timeline
Honasa Consumer Limited was incorporated as Honasa Consumer Private Limited' at New Delhi as a Private Limited Company on September 16, 2016. Subsequently, Company converted to a Public Limited and name of the Company changed to Honasa Consumer Limited' dated November 11, 2022 by the RoC.
| Event | Date |
|---|---|
| Honasa Consumer Ltd IPO Opening Date | 31 October 2023 |
| Honasa Consumer Ltd IPO Closing Date | 2 November 2023 |
| Basis of Allotment | 3 November 2023 |
| Initiation of Refunds | 3 November 2023 |
| Credit of Shares to Demat | 6 November 2023 |
| Honasa Consumer Ltd IPO Listing Date | 7 November 2023 |
Honasa Consumer Ltd IPO Details
| Honasa Consumer Ltd IPO Date | 31 October 2023 to 2 November 2023 |
| Honasa Consumer Ltd IPO Face Value | ₹10 per share |
| Honasa Consumer Ltd IPO Price | ₹308 to ₹324 per share |
| Honasa Consumer Ltd IPO Lot Size | 46 |
| Issue Size | Shares of ₹10 (aggregating up to ₹1,701.44 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹365 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹1,336.44 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 1,57,44,820 of the Net Offer |
| Retail Shares Offered | Not less than 52,48,272 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 78,72,409 of the Net Offer |
| Company Promoters | Varun Alagh, Ghazal Alagh |
Honasa Consumer Ltd IPO Lot Size
The Honasa Consumer Ltd IPO lot size is 46 shares. A retail-individual investor can apply for up to 13 lots (598 shares or ₹1,93,752).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 46 | ₹14,904 |
| Maximum | 13 | 598 | ₹1,93,752 |
- Strengths
- Risks
- Opportunities
- Brand building capabilities and repeatable playbooks.
- Customer centric product innovation.
- Digital-first omnichannel distribution.
- Data driven contextualised marketing.
- Ability to drive growth and profitability in a capital efficient manner.
- Founder led company with a strong professional management.
Company Financials
Honasa Consumer Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 1,613.09 | 1,822.72 | 120.97 |
| 03-2023 | 939.24 | 1,415.24 | -120.56 |
| 03-2022 | 951.94 | 952.44 | 19.87 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Advertisement Expenses towards Enchancing the Awareness and Visibility of the Brands
- Capital Expenditure to be incurred by the Company for setting up New EBOs
- Investmen in the Subsidiary,BBlunt for setting up new Salons
- General Corporate Purposes & Unidentified Inorganic Acquisition
Honasa Consumer Ltd IPO Promoter Holding
| Pre Issue Share Holding | 34.12% |
| Post Issue Share Holding | 31.95% |
Honasa Consumer Ltd IPO Subscription Status (Bidding Detail)
The Honasa Consumer Ltd IPO is subscribed 7.61 times on 2 November 2023 05:00:00 PM. The public issue subscribed 1.35 times in the retail category, 11.5 times in the QIB category, and 4.02 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 11.5 | 4.02 | 1.35 | 4.87 | 7.61 |
Honasa Consumer Ltd IPO Prospectus
Honasa Consumer Ltd IPO Listing Date
| Listing Date | 7 November 2023 |
| BSE Script | 544014 |
| NSE Symbol | HONASA |
| Listing In | BSE, NSE |
| ISIN | INE0J5401028 |
| IPO Price | ₹324 |
| Face Value | ₹10 |
Company Contact Information
404 4th Floor City CentrePlot No 05 Sector-12 Dwarka,New Delhi-110075
Phone: +91 124 4071960
Email: compliance@mamaearth.in
Website: www.honasa.in
Honasa Consumer Ltd IPO Registrar
Honasa Consumer Ltd IPO Lead Manager(s)
- Kotak Mahindra Capital Company Ltd
- Citigroup Global Markets India Pvt Ltd
- J.M.Financial Ltd
- J.P.Morgan India Pvt Ltd
FAQ
What is the issue size of Honasa Consumer Ltd IPO?
I have pre-applied for Honasa Consumer Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.