Mamaearth IPO Date- The trading window for the Mamaearth IPO Date is set to open on October 31 and close on November 2. It is anticipated that the Mamaearth IPO would bring in about ₹1701 crores through the sale of up to 41,248,162 shares at a price of ₹10 each, in addition to a fresh ₹365 issuance. Retail quota is 10%, HNI is 15%, and QIB is 75%. On November 7, 2023, the allocation for the Honasa Consumer IPO is anticipated to be completed; on November 8, 2023, refunds are planned, and on November 9, 2023, credit to a demat account. The IPO is scheduled to go on sale on November 10, 2023.
Mama Earth, the biggest digital beauty and personal care goods business in India, is about to make its first public offering. The brand’s parent company, Honasa Consumers, submitted its IPO draft to SEBI on December 29, 2022, and it was approved. It is possible for this public offering to take place in October 2023, according Mamaearth IPO Date 2023. Read this article through to the conclusion if this is a topic that interests you.
Mamaearth IPO Date
On the Mamaearth IPO Date, there will be an offer for sale (OFS) of about 4.12 crore shares in addition to a new share issuance valued at ₹365 crore. Honasa’s promoter, Varun Alagh, plans to sell 3,186,300 shares during the IPO. His wife, Ghazal Alagh, has the option to sell up to 100,000 shares. Kunal Bahl, Shilpa Shetty Kundra, Rishabh Harsh Mariwala, Fireside Ventures Fund, Sofina, Stellaris, and Rohit Kumar Bansal are among the other OFS investors who are selling.
The company plans to use the net profits from the Mamaearth IPO Date to finance the following: advertising costs to raise awareness and visibility for the company’s brands; the sum needed to create new EBOs; general business objectives; an undisclosed inorganic acquisition; and funding for Bhabani Blunt Hairdressing Private Limited (BBlunt), the company’s subsidiary, to open more salons.
Mamaearth IPO Date 2023 Overview
| Article | Mamaearth IPO Date 2023 |
| Organization | SEBI |
| Category | Finance |
| Fund Raise | 400 Crore |
| Sector | Beauty and Personal Care |
| Year | 2023 |
| Stock Exchange | NSE/ BSE |
Mamaearth Business Model
For your knowledge, the most well-known beauty and personal care product brand in India, Mama Earth, is reportedly value at about Rs 21000 crore. Let us mention that within the first six years of operation, this firm began to generate more than Rs. 1,000 crore in annual income.
This business mostly sells directly to consumers. Mamaearth’s business model is unique in that it has a significant online presence. Influencer and content marketing are the company’s main areas of attention, and all of the clients that buy straight from their website are devote patrons with excellent ratings of the business.
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Mamaearth IPO Finance Report
| FY 2020 | FY 2021 | FY 2022 | |
| Revenue | 109.78 | 459.99 | 943.47 |
| Total Assets | 181.01 | 302.64 | 1035.01 |
| Expenditure | 542.19 | 1796.71 | 941.91 |
| EBITDA | -431.71 | -1334.03 | 11.46 |
| Net Profit | -428.03 | -1332.22 | 19.98 |
Mamaearth IPO Allotment & Listing Dates
The Mamaearth initial public offering (IPO) will take place on October 31 and close on November 2. The Mamaearth IPO will go live on November 10 when the allocation is confirm on November 7.
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Mamaearth IPO Offer for sale (OFS)
Varun Alagh, the promoter of Honasa, will sell 31,86,000 shares, while Ghazal Alagh is offering up to 100,000 shares. Many additional investors, such as Kunal Bahl, Shilpa Shetty Kundra, Rishabh Harsh Mariwala, Fireside Ventures Fund, Sofina, Stellaris, and Rohit Kumar Bansal, will also be selling their individual shares in the OFS.
| Name of the Selling Shareholder | Type | Weighted Avg. Cost of Acquisition ( in Rs. per Equity Share) |
| Varun Alagh | Promoter | Negligible (< 0.01) |
| Ghazal Alagh | Promoter | Negligible (< 0.01) |
| Evolvence India Coinvest PCC | Investor | 173.64 |
| Evolvence India Fund III Ltd | Investor | 173.82 |
| Fireside Ventures Ltd | Investor | 7.33 |
| Sofina | Investor | 112.07 |
| Stellaris | Other Shareholder | 7.82 |
| Kunal Bahl | Other Shareholder | 3.21 |
| Rishabh Harsh Mariwala | Other Shareholder | 6.05 |
| Rohit Kumar Bansal | Other Shareholder | 3.21 |
| Shilpa Shetty Kundra | Other Shareholder | 41.86 |
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Mamaearth IPO Market Lot
46 shares are require as the minimum market lot for the Mamaearth IPO, with an application cost of ₹14,904. Applications for up to 13 lots comprising 598 shares, or ₹193,752, may be submit by retail investors.
| Category | % Offered |
| Qualified Institutional Investors | Min: 75 % |
| Non-Institutional Investors | Min: 15% |
| Retail Investors | Max: 10% |
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Mamaearth IPO Limited IPO Buy or Not
Your investing objectives, risk tolerance, and market research will all play a role in your decision to purchase shares of Mamaearth IPO Limit. Evaluate the company’s value, growth potential, and financial standing. Examine the market positioning of the firm in relation to the need for environmentally friendly and sustainable products.
Make sure you do your homework and speak with financial professionals before making a choice. Keep in mind that investing in initial public offerings (IPOs) can be risky, so it’s critical to make an inform decision base on your unique situation and goals.
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How to Check Mamaearth IPO Allotment Status?
Take these actions to find out the status of your Mamaearth IPO allotment:
- Go to the registrar’s official website or the stock exchange’s listing for the Mamaearth IPO.
- Go to the “IPO Allotment” or “Allotment Status” tab on the website.
- Add your Application ID (ID Client) or DP ID together with your Permanent Account Number (PAN).
- After you submit the information, the website will show you your allotment status and whether or not you have been given shares.
- If available, you may also use the registrar’s official mobile app or the online banking interface of your bank to monitor the status of your allocation.
Conclusion
The IPO date for Mamaearth, a popular Indian personal care brand, has not been announced yet. As one of the fastest-growing companies in the industry, there is much anticipation surrounding Mamaearth’s potential initial public offering. With its focus on natural and toxin-free products, Mamaearth has gained a strong following and has seen significant growth in recent years. Investors and consumers alike are eagerly awaiting news of the IPO date to potentially participate in the company’s future success. Stay tuned for updates on this exciting development in the world of Mamaearth.
Mamaearth IPO Date FAQ’S
When was Mamaearth IPO launched?
Honasa Consumer Ltd, the parent company of Mamaearth, is set to launch its initial public offering (IPO) on October 31. The IPO will be open for public subscription from October 31 to November 2. The anchor book of the offer will be accessible for one day on October 30.
Is Mamaearth going public?
Mamaearth, the biggest D2C beauty brand in India, is preparing for its IPO on October 31, 2023. The company has established a share price range of Rs 308-324 and aims to generate approximately Rs 1701.44 crore at the higher end of the range.
Is Mamaearth running in loss?
Honasa Consumer IPO is scheduled to list on the BSE and NSE, with a tentative listing date of Friday, November 10. The company saw a turnaround in Q1-FY 2024, earning a net profit of ₹24.71 crore compared to a net loss of ₹151 crores in FY 2023 and ₹11. 52 crores in Q1-FY 2023.
Who bought Mamaearth?
Honasa Consumer Pvt. Ltd (HCPL), the parent company of Mamaearth, and The Derma Co has acquired Dr Sheth's, a dermatologist-formulated premium skincare brand for ₹28 crore. Through this acquisition, HCPL has control of the majority stake in Dr Sheth's.
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