The Honasa Consumer IPO started on October 31, 2023, and ended on November 2, 2023. Shares were allocated on November 7, 2023, and refund processes began on November 8, 2023. On November 9, 2023, the shares were credited to investors demat accounts. Honasa Consumer was officially listed on the stock exchange on November 10, 2023.
During the IPO, Honasa Consumer offered shares at a price range of ₹308 to ₹324 per share, and the lot size was 46 shares. The total issue size was ₹1,701.00 crores, with ₹365.00 crores from new shares and ₹1336.00 crores from shares for sale. The IPO was listed on both the NSE and BSE.
Regarding share reservations, 75% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 10% were set aside for retail investors.
Honasa IPO Subscription Update Video
Honasa Consumer IPO Subscription Status
The Honasa Consumer IPO on October 31, 2023 was subscribed times, with the retail category being subscribed times, the NII (Non-Institutional Investor) category being subscribed times, the QIB (Qualified-Institutional Buyers) category being subscribed times and the Employee category being subscribed times.
| Category | Subscription |
| QIB | x |
| NII | x |
| Retail | x |
| Employee | x |
| Total | x |
Honasa IPO Basic Details
| Company Name | Honasa Consumer Limited |
| Domain of Company | Consumer Product Company |
| 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 |
About Honasa Consumer Limited
Founded in 2016, Honasa Consumer Limited, or HCL, offers beauty and personal care products through its digital platform. HCL is guided by the principles of honesty, natural ingredients, and safe care, and it currently serves customers in more than 500 Indian cities. The company has developed several consumer brands, such as Mamaearth, The Derma Co., Aqualogica, Dr. Sheth’s, and Ayuga, and has recently acquired shares in BBLUNT and the Momspresso content platform. With backing from investors like Sequoia Capital India, Sofina SA, Fireside Ventures, and Stellaris Venture Partners, HCL is on track to reach a billion-dollar valuation.
As of June 30, 2023, HCL’s product lineup includes items for baby care, facial care, body care, hair care, makeup, and fragrances.
The company’s key strengths include:
- Creating innovative products.
- Offering multiple distribution channels to meet customer needs, both online and offline.
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Honasa Consumer IPO FAQs
What is the start and end date of Honasa Consumer IPO Subscription?
The Honasa Consumer IPO started on October 31, 2023, and ended on November 2, 2023.
When does Honasa Consumer IPO Subscription open?
The Honasa Consumer IPO open on October 31, 2023.
When does Honasa Consumer IPO Subscription close?
The Honasa Consumer IPO Close on November 2, 2023.
What is the allotment date of Honasa Consumer IPO?
The allotment date for Honasa Consumer IPO is November 7, 2023.
When is the initial refund date of Honasa Consumer IPO?
The initial Refund date for Honasa Consumer IPO is November 8, 2023.
When were the shares credited to investors demat accounts for the Honasa Consumer IPO?
The shares for the Honasa Consumer IPO were credited to investors demat accounts on November 9, 2023.
When will Honasa Consumer IPO be listed on the stock market?
Honasa Consumer IPO stock market will be listed on November 10, 2023 at 10 am.
What was the price range of the Honasa Consumer IPO shares?
The Honasa Consumer IPO shares were offered at a price range of ₹308 to ₹324 per share.
What was the lot size for the Honasa Consumer IPO shares?
The lot size for the Honasa Consumer IPO shares was 46 shares.
What was the total issue size of the Honasa Consumer IPO?
The total issue size of the Honasa Consumer IPO was ₹1,701.00 crores.
How were the shares allocated among different types of investors for the Honasa Consumer IPO?
75% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 10% were set aside for retail investors.
On which stock exchanges was the Honasa Consumer IPO listed?
The Honasa Consumer IPO was listed on both the NSE and BSE.
What is the Honasa Consumer IPO Subscription Status?
Honasa Consumer IPO is subscribed Times.
