Check out the details about Mamaearth IPO Listing Date 2023 Subscription Date, Expected GMP, and Price from this article. Different details regarding Mamaearth IPO Listing Date 2023 Subscription Date, Expected GMP, Price, and other notable details are included in this article.
Mamaearth IPO Listing Date 2023
Mamaearth is India’s leading Beauty and Personal care product manufacturing company. Mamaearth initially started as a baby care product manufacturing company in 2016. Due to its safe and certified products, Mamaearth rapidly evolved and expanded its business.
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On December 30, 2022, Honasa Consumer Limited, the parent company of Mamaearth and several other companies, filed a DRHP with SEBI for Public Issues. The IPO of Mamaearth was previously planned to open in March. However, due to unfavourable market conditions at that time, the company delayed the IPO. The Mamaearth IPO is expected to be listed in October or November of 2023.
Mamaearth IPO Overview
| Name | Mamaearth |
| Parent Company | Honasa Consumer Ltd. |
| Founded | in 2016 |
| Founded by | Varun Alagh and Ghazal Alagh |
| Corporate Office | Haryana |
| Chief Marketing Officer | Anuja Mishra |
| Chief Finance Officer | Raman Preet Sohi |
| Offer for Sale | 46,819,635 shares |
| Fresh Issue | INR 400 Crores |
| Website | honasa.in |
Mamaearth IPO Subscription Date 2023
According to the information, SEBI has approved the public issue of Mamaearth (Honasa). In addition, the RHP of Honasa will also be available very soon. The shares of Mamaearth are planned to be listed on NSE and BSE. This means that the investors can check the subscription information from either one of these during the bidding period (between the IPO’s opening and closing date).
The subscription to any ongoing IPO helps the investors to identify the amount of investments that other individuals are making in the IPO. Additionally, subscriptions can become a key aspect in determining the investment in Mamaearth. Usually, the subscription to IPOs is provided by the stock exchanges.
As mentioned, the stock of Mamaearth will be listed on both stock exchanges. This means that the investors can check the subscription status through the official websites of NSE and BSE. The date during which the investors can check the subscription of Mamaearth IPO will be provided very soon.
The share price, face value, offer for sale, aggregate shares, share holding pre issue and post issue, and various other information about Mamaearth IPO can be learned through the RHP of the company. RHP and DRHP of Mamaearth (Honasa) can be obtained by visiting the authorized web portal of the SEBI.
The share price of the Mamaearth IPO is currently unavailable. According to the DRHP, the offer for sale includes up to 46,819,635 equity shares. In addition, the fresh issue is about INR 400 Crores. The promoters of the Mamaearth IPO are Varun Alagh and Ghazal Alagh.
Varun is offering 3,186,300 Equity Shares, and Ghazal is offering 100,000 Equity Shares. In addition, the shareholders, including Fireside Ventures Limited, Stellaris, Kunal Bahl, Shilpa Shetty Kundra, Rishabh Harsh Mariwala, etc., are also offering to sell their shares. The information on the shareholders and their respective selling offers can be obtained from the DRHP of Honasa.
Mamaearth IPO Dates 2023
The Dates of Mamaearth IPO are yet to be announced by the company. The dates of anchor bidding, IPO Opening and closing Date, allotment date, refund date, listing date, and other crucial dates will be revealed very soon.
The brands included in Honasa’s portfolio include manufacturers of baby care, skin care, hair care, cosmetics, etc. The strengths of this significant IPO include customer-centric product innovation, the ability to drive growth, a large range of products, etc.
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Before investing, customers should go through the financial aspects of Mamaearth in its current and previous Financial Years. Moreover, factors such as market cap, P/E(x) value, assets, net worth, growth value, and other aspects play a crucial role in making the investment decision.
Mamaearth IPO Expected GMP 2023
The shares of many public issues are often traded in an unofficial grey market. The price at which the shares are traded is known as Grey Market Premium. The positive value of GMP signifies a profit in the IPO, and a negative GMP signifies a discount.
In addition, the GMP often helps in determining how the IPO will react on its listing day. GMP of an IPO can be highly unpredictable and should not be used as a sole factor in making investment decisions. The Expected GMP of the Mamaearth IPO will be revealed very soon.
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