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HONASAEQ / NSE, BSEListed

Honasa Consumer Limited (Mamaearth)

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.

₹308 - ₹3248.01x sub
Listed Price330.00
Listing Gain+1.85%
TimelineBook Built Issue IPO
Open31 Oct 2023
Close02 Nov 2023
Allotment03 Nov 2023
Listing07 Nov 2023

Quota Reservation Portions

QIBPortion: 3,93,62,048 shares
74.95%
Nii (hni)Portion: 78,72,409 shares
14.99%
RetailPortion: 52,48,272 shares
9.99%
EmployeePortion: 0 shares
0.06%

Minimum Application Bracket Matrix

Retail1 lots / 46 shares
₹14,904
sHNI14 lots / 644 shares
₹2,08,656
bHNI68 lots / 3,128 shares
₹10,13,472

About the Company

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.

Company Promoters

Varun AlaghGhazal Alagh