Honasa Consumer Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

31 Oct 2023

Close Date

02 Nov 2023

Allotment

06 Nov 2023

Listing Date

07 Nov 2023

Exchange

NSE & BSE

Price Band

₹324

Listing Price

See chart

Allotment Status

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Price Band

₹324

Per share

Face Value

₹10 per share

Lot Size

46 Shares

per lot

Issue Size

5,25,15,692 shares (aggregating up to ₹1,701.44 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹14,904

1 lot

Post-IPO Holding

32,17,47,807 shares

Promoters

P/E (Post)

105.54x

EPS (Pre)

₹4.66

UPI Deadline

2023-11-02

Mandate

Anchor AllotmentMon, 30 Oct 2023

Basis of AllotmentMon, 06 Nov 2023

Refund InitiationMon, 06 Nov 2023

Demat CreditMon, 06 Nov 2023

Listing DayTue, 07 Nov 2023

UPI Mandate Deadline2023-11-02

Sale TypeFresh Capital-cum-Offer for Sale

Fresh Issue Shares1,12,67,530 shares (aggregating up to ₹365.05 Cr)

Offer for Sale4,12,48,162 shares of ₹10 (aggregating up to ₹1,336.39 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Honasa Consumer Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 02 Nov 2023.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	52,516,742	100%	₹1,701.54

IPO Shares Offered

Honasa Consumer Ltd. IPO total issue size: ₹1,701.54 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Total	52,516,742	₹1,701.54	100.00%

* Based on upper price band ₹324 per share

Lot Size & Investment

Lot Size

Shares per Lot

Issue Price

₹324.00

Upper Band

Min Investment

₹14,904

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	92	₹29,808
Retail (Max — 13 Lots)	13	598	₹193,752
S-HNI (Min — 14 Lots)	14	644	₹208,656
B-HNI (Min — 68 Lots)	68	3,128	₹1,013,472

* Issue Price ₹324 × Lot Size 46 shares

IPO Schedule

Anchor

30 Oct 2023

✓ Done

IPO Open

31 Oct 2023

✓ Done

IPO Close

02 Nov 2023

✓ Done

Allotment

06 Nov 2023

✓ Done

Refunds

06 Nov 2023

✓ Done

Demat Credit

06 Nov 2023

✓ Done

Listing Day

07 Nov 2023

✓ Done

₹324.00

INR · BSE

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Issue ₹324.00 Live Price

About Honasa Consumer Ltd.

Incorporated in 2016, Honasa Consumer Limited (HCL) is a digital beauty and personal care (BPC) company in India. The company sells its products under the brand name Mamaearth.The company also added five new brands to its portfolio, namely The Derma Co., Aqualogica, Ayuga, BBlunt, and Dr. Sheth's. The company offers its products through multi-channel distribution networks across both online and offline touchpoints.All new products are designed and developed by our in-house innovation team of 47 members, as of June 30, 2023. For manufacturing, the company has set up an asset-light model enabled by contract manufacturing. During the three months ended June 30, 2023, Honasa Consumer Limited worked with 37 contract manufacturers to produce products.As of June 30, 2023, the company's brand supply chain comprises 13 warehouses spread across seven districts in India. The main warehouse is based in Pataudi, Haryana.The company's flagship brand Mamaearth was ranked amongst the top three in terms of awareness in the grooming category on Flipkart between May 2021 and July 2023.

Objects of the Issue

1. Advertisement expenses towards enhancing the awareness and visibility of the company's brands;

2. Capital expenditure to be incurred by the Company for setting up new EBOs;

3. Investment in the company's Subsidiary, Bhabani Blunt Hairdressing Private Limited ("BBlunt") for setting up new salons; and

4. General corporate purposes and unidentified inorganic acquisition.

Honasa Consumer Ltd. Financials (Amount in Crore)

Revenue from Operations

₹964.4

31 Mar 2022

₹1,515.3

31 Mar 2023

₹477.1

30 Jun 2023

Profit After Tax (PAT)

₹14.4

31 Mar 2022

-₹151.0

31 Mar 2023

₹24.7

30 Jun 2023

Particulars	30 Jun 2023	31 Mar 2023	31 Mar 2022
Revenue from Operations	477.10	1515.27	964.35
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	24.72	-150.97	14.44
Net Worth	638.26	605.90	705.62
Total Assets	1048.03	966.42	1035.01
Reserves & Surplus	-1290.94	-1323.32	-1087.33
Borrowings	6.79	3.61	3.59
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

RoNW

-23.57%

Issue Structure & Shareholding

Total Shares Offered5,25,16,742 (100.00%)

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter HoldingN/A

Post-Issue Promoter Holding32,17,47,807 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd.

04067162222, 04079611000

hcl.ipo@kfintech.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

Kotak Mahindra Capital Co.Ltd.

Citigroup Global Markets India Pvt.Ltd.

JM Financial Ltd.

JP Morgan India Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Honasa Consumer Ltd. IPO subscribed? ▲

Honasa Consumer Ltd. IPO is subscribed 1.00 times by Nov 02, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Honasa Consumer Ltd. IPO retail subscription status? ▼

The Honasa Consumer Ltd. IPO retail category is subscribed 1.00 times as of 02 Nov 2023. The retail portion is oversubscribed.

How to subscribe Honasa Consumer Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 31 Oct 2023 and closes 02 Nov 2023. Min investment: ₹14,904 (1 lot = 46 shares). UPI mandate: 2023-11-02.

How many times Honasa Consumer Ltd. IPO subscribed? ▼

The Honasa Consumer Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Honasa Consumer Ltd. IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 06 Nov 2023. Refunds: on 06 Nov 2023.

When Honasa Consumer Ltd. IPO will be listed? ▼

The Honasa Consumer Ltd. IPO listing date is 07 Nov 2023, Tuesday. Listed on: NSE & BSE. Issue price: ₹324. Estimated listing: ₹324. GMP: NIL.

When Honasa Consumer Ltd. IPO close? ▼

The Honasa Consumer Ltd. IPO closes on 02 Nov 2023, Thursday. UPI mandate: 2023-11-02. Allotment: 06 Nov 2023. Listing: 07 Nov 2023.

Quick Actions

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Live Price LIVE

Last Price₹324.00

Change—

Issue Price₹324.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹324

Face Value₹10

Lot Size46 Sh

Min. Amount₹14,904

GMPNIL

Est. Listing₹324

Subscribed1.00x

Open Date31 Oct 2023

Close Date02 Nov 2023

Allotment06 Nov 2023

Listing Date07 Nov 2023

ExchangeNSE & BSE

UPI Deadline2023-11-02