Honasa Consumer Limited
- IPO Date31 Oct, 2023 to 02 Nov, 2023
- Listing Date-
- Face Value₹10 per share
- Issue Price₹308 to ₹324 per share
- Lot Size46 Shares
- Minimum Investment₹14,904
- Listing AtBSE, NSE
- Total Issue Size-
- Fresh Issue-
- Offer for Sale4,12,48,162 Shares
(aggregating up to ₹1336.44 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue31,04,79,227
- Shareholding post issue-
IPO Dates
Closing Date
02 Nov, 2023
Initiation of Refunds
09 Nov, 2023
Listing Date
10 Nov, 2023
31 Oct, 2023
Opening Date
07 Nov, 2023
Basis of Allotment
09 Nov, 2023
Credit of Shares
Honasa Consumer Limited Lot Size
Investors can bid for a minimum of 46 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 46 | ₹14,904 |
| Retail (Max) | 13 | 598 | ₹1,93,752 |
| S-HNI (Min) | 14 | 644 | ₹2,08,656 |
| S-HNI (Max) | 67 | 3082 | ₹9,98,568 |
| B-HNI (Min) | 68 | 3128 | ₹10,13,472 |
Honasa Consumer Limited Promoter Holding
The Promoters of the Company are Varun Alagh and Ghazal Alagh
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 37.41% | - |
Honasa Consumer Limited COMPANY INFORMATION
Honasa Consumer Limited IPO is a book built issue of Rs 1,701.00 crores. The issue comprises of fresh issue of Rs 365.00 crore and offer for sale of 4.12 crore shares. Honasa Consumer Limited IPO opens for subscription on October 31, 2023 and closes on November 2, 2023. The allotment for the Honasa Consumer Limited IPO is expected to be finalized on Tuesday, November 7, 2023. Honasa Consumer Limited IPO will list on BSE, NSE with tentative listing date fixed as Friday, November 10, 2023. Honasa Consumer Limited IPO price band is set at ₹308 to ₹324 per share. The minimum lot size for an application is 46 Shares. The minimum amount of investment required by retail investors is ₹14,904. The minimum lot size investment for sNII is 14 lots (644 shares), amounting to ₹208,656, and for bNII, it is 68 lots (3,128 shares), amounting to ₹1,013,472. Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, Jm Financial Limited and J.P. Morgan India Private Limited are the book running lead managers of the Honasa Consumer Limited IPO, while Kfin Technologies Limited is the registrar for the issue. Refer to Honasa Consumer Limited IPO RHP for detailed information.
Incorporated in 2016, Honasa Consumer Limited (HCL) provides beauty and personal care products through its digital platform.
Honasa Consumer was founded on the values of Honesty, Natural ingredients, and Safe care and currently serves over 500 cities in India. The company has grown several consumer brands internally including Mamaearth, The Derma Co., Aqualogica, Dr. Sheth's, and Ayuga. It has recently acquired shares in BBLUNT and the content platform Momspresso. With the support of Sequoia Capital India, Sofina SA, Fireside Ventures, and Stellaris Venture Partners, HCL is positioned to become a $1 billion company.
As of June 30, 2023, the company's product portfolio includes baby care, face care, body care, hair care, color cosmetics, and fragrances.
The core strength of the company lies in
- Building Innovative products.
- The company has multiple distribution channels to cater to customers' needs online and offline.
FAQs About Honasa Consumer Limited
Honasa Consumer Limited will open on 31 Oct, 2023 and close on 02 Nov, 2023. Investors must apply within this period to participate.
The Honasa Consumer Limited price band is set between ₹308.00 and ₹324.00 per share. The minimum lot size is 46, requiring an investment of at least ₹14904.00.
The Honasa Consumer Limited shares are expected to be listed on , subject to regulatory approvals and final allotment.
You can track your Honasa Consumer Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Honasa Consumer Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.