Honasa Consumer Limited (Mamaearth)
ListedMainboardIndustrial & Financial Services · NSE / BSE
Incorporated in 2016, Honasa Consumer Limited (HCL) is a consumer products company that targets millennial customers with innovative and natural ingredient-based products, backed by strong D2C marketing and e-commerce distribution. The company currently serves customers across 500+ cities in India and has built multiple well-known brands such as Mamaearth, The Derma Co., Aqualogica, and Ayuga, while also acquiring shares in BBLUNT and the content platform Momspresso. With investments from Sequoia Capital India, Sofina SA, Fireside Ventures, and Stellaris Venture Partners, Honasa Consumer Limited is rapidly scaling and is positioned to reach a $1 billion company valuation.
Price Band
₹308 – ₹324
Issue Size
₹1701 Cr
Lot Size
46 shares
GMP
₹24
+7.4%
Est. Listing
₹348
at current GMP
Subscribed
8.01x
overall
Open
31 Oct 2023
Close
2 Nov 2023
Allotment
3 Nov 2023
Refund
4 Nov 2023
Demat Credit
5 Nov 2023
Listing
7 Nov 2023
Last updated 12 days ago
Official Registrar Verification
Honasa Consumer Limited (Mamaearth) Allotment Status
Designated Registrar: Kfin Technologies Limited
Allotment Date
3 Nov 2023
Basis finalization
Refunds Initiate
4 Nov 2023
Mandate release
Demat Credit
5 Nov 2023
Shares in demat
Listing Debut
7 Nov 2023
Trading begins
How to Check Honasa Consumer Limited (Mamaearth) IPO Allotment Status
- Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
- Select Honasa Consumer Limited (Mamaearth) from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Honasa Consumer Limited (Mamaearth) Public Issue & Market Profile
Honasa Consumer Limited (Mamaearth) is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹1,701.44 Crores. The shares are offered at a price band of ₹308 to ₹324 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2023-11-02, the basis of allotment is scheduled to be finalized on 2023-11-03. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.