Highlights
- Honasa Consumer Limited (Parent company of Mamaearth, The Derma Co, Aqualogica, Ayuga, Bblunt, Dr. Sheth’s) has proposed a fresh issue of equity shares up to 400 crores and an offer for sale up to 46,819,635 equity shares.
- IPO issue size could range between 2,400 crores and 3,000 crores.
- 186 cores will be used for advertisement, 34.2 crores will be used for setting up new EBOs, and 27.5 crores will be used for setting up new salons for Bblunt.
Timeline
- Honasa Consumer Limited filed DRHP on 29 December 2022.
About Company
Mamaearth:
The Derma Co:
Aqualogica:
Ayuga:
Bblunt:
Dr. Sheth’s:
Objects of the Offer
- Advertisement expenses towards enhancing the awareness and visibility of our brands.
- Setting up new EBOs.
- Expansion of Bhabani Blunt Hairdressing Private Limited (BBlunt, a subsidiary of Honasa Consumer), setting up new salons.
- General corporate purposes.
IPO Details, Price, Market Lot
| IPO Details | |
| IPO Open Date | Will be updated |
| IPO Close Date | Will be updated |
| IPO Issue Size | Will be updated |
| Fresh Issue | Aggregating up to ₹ 4,00 Crore. |
| Offer for Sale | Up to 46,819,635 Equity Shares, Aggregating up to ₹ [●] million |
| Retail Portion | Not more than 10% of the offer |
| NII Portion | Not more than 15% of the offer |
| QIB Portion | Not less than 75% of the offer |
| Listing At | |
| IPO Price | |
| Face Value | ₹ 10 |
| IPO Price Band | — |
| Employee Discount | — |
| IPO Issue Type | — |
| IPO Market Lot For Retail Investor | |
| No. of Shares Per Lot | — |
| Minimum Lot Size | — |
| Maximum Lot Size | — |
| Minimum Amount (Cut-off price) | — |
| Maximum Amount (Cut-off price) | — |
| IPO Market Lot For HNI | |
| No. of Shares Per Lot | — |
| Minimum Lot Size | — |
| Maximum Lot Size | — |
| Minimum Amount (Cut-off price) | — |
| Maximum Amount (Cut-off price) | — |
IPO Date, Listing Date, Allotment Date
| Time Table (Tentative) | |
| IPO Open Date | Will be updated |
| IPO Close Date | Will be updated |
| Basis of Allotment Date | Will be updated |
| Initiation of Refunds | Will be updated |
| Credit of Share to Demat Account | Will be updated |
| IPO Listing Date | Will be updated |
Financial Report
| Period Ended | Total Assets (₹ in Million) | Total Revenue (₹ in Million) | Profit After Tax (₹ in Million) | EPS (₹) |
| 30 September 2022 | 11,558.96 | 7,320.69 | 36.67 | |
| 31 March 2022 | 10,350.12 | 9,643.45 | 144.43 | |
| 31 March 2021 | 3,026.39 | 4,721.01 | -13,322.15 | |
| 31 March 2020 | 1,810.12 | 1,141.67 | -4,280.26 |
Company Promotor & Promotor’s Holding
Varun Alagh and Ghazal Alagh are the promoters of Honasa Consumer Limited.
| Pre Issue Promotor Holding | 37.53% |
| Post Issue Promotor Holding | — |
Company Address
Registered Office: Unit No. 404, 4th Floor, City Centre, Plot No. 05, Sector – 12, Dwarka – South West Delhi, New Delhi – 110 075, India
Corporate Office: Plot No. 63, 4th Floor, BLM Tower, Netaji Subhash Marg, Sector-44, Gurugram 122 003, Haryana, India
- Website: www.honasa.in
- Email: compliance@mamaearth.in
- Phone: +91 124 4071960
IPO Registrar, Lead Manager, Prospectus
| IPO Prospectus |
|
| IPO Registrar |
KFin Technologies Limited
|
| IPO Lead Manager |
Kotak Mahindra Capital Company Limited
Citigroup Global Markets India Private Limited
JM Financial Limited
J.P. Morgan India Private Limited
|
IPO Review (Apply or Avoid)
| Brokerage Firms Review Review |