The Honasa Consumer IPO commenced on October 31, 2023, and concluded on November 2, 2023. The allotment of shares took place on November 7, 2023, and the initiation of refunds began on November 8, 2023. The shares were credited to the demat accounts of investors on November 9, 2023. Finally, the listing of Honasa Consumer on the stock exchange occurred on November 10, 2023.
The Honasa Consumer IPO was priced at ₹308 to ₹324 per share, with a lot size of 46 shares. The total issue size was ₹1,701 crores, comprising a fresh issue of ₹365 crores and an offer for sale of ₹1336 crores. The IPO was listed on both the NSE and BSE.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 75% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 10% of the shares.
Honasa Consumer IPO Basic Details
|Company Name||Honasa Consumer Limited|
|Domain of Company||Consumer Product Company|
|Honasa Consumer IPO GMP Today||₹7|
|Honasa Consumer IPO Listing Gain||2.16%|
|IPO Open Date||October 31, 2023|
|IPO Close Date||November 2, 2023|
|IPO Allotment Date||November 7, 2023|
|IPO Listing Date||November 10, 2023|
|Face Value||₹10 per share|
|Price||₹308 to ₹324 per share|
|Lot Size||46 Shares|
|Issue Size||53,098,811 shares of ₹10|
(aggregating up to ₹1,701.00 Cr)
|Fresh Issue||11,850,649 shares of ₹10|
(aggregating up to ₹365.00 Cr)
|Offer for Sale||41,248,162 shares of ₹10|
(aggregating up to ₹1336.00 Cr)
|Issue Type||Book Built Issue IPO|
|Listing At||NSE, BSE|
|Company Promoters||Varun Alagh and Ghazal Alagh|
Honasa Consumer IPO GMP Today:
|Date||GMP||Listing Gain||Kostak||Subject to|
|30 October 2023||₹7||2.16%||–||–|
Honasa IPO Details:
Honasa Consumer Limited, also known as HCL, started in 2016. They sell beauty and personal care products on the internet.
HCL was created with values like honesty, natural ingredients, and safe care. They now serve more than 500 cities in India. The company has made several popular brands like Mamaearth, The Derma Co., Aqualogica, Dr. Sheth’s, and Ayuga. They also bought a part of BBLUNT and Momspresso. Thanks to investments from Sequoia Capital India, Sofina SA, Fireside Ventures, and Stellaris Venture Partners, HCL is on its way to becoming a billion-dollar company.
As of June 30, 2023, their product range includes baby care, face care, body care, hair care, makeup, and fragrances.
The company’s strong suit is making new and innovative products. They have many ways to get their products to customers, both online and in physical stores.
Honasa Consumer IPO More Details Click Here
Honasa Consumer IPO FAQs
When is Honasa Consumer IPO open?
Honasa Consumer IPO will open on 31 October 2023.
When is Honasa Consumer IPO Close?
Honasa Consumer IPO will be closed on 2 November 2023.
What is Honasa Consumer IPO GMP Today?
The Honasa Consumer IPO GMP aka Grey Market Premium is ₹7.
What is Honasa Consumer IPO Kostak Rates Today?
The Honasa Consumer IPO Kostak Rate is ₹000.
What is Honasa Consumer IPO Subject to Sauda Price Today?
The Honasa Consumer IPO subject to sauda rates is ₹000.
Honasa Consumer IPO Expected Returns?
The Honasa Consumer expected return is 2.16%.
How much will be the listing gain in Honasa Consumer IPO?
Honasa Consumer IPO will get listing gain of 2.16%. (Approx.)