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IPO Details


Honasa Consumer Ltd
Registered Office: 404 4th Floor City Centre, Plot No 05 Sector-12 Dwarka, New Delhi - 110075, Delhi
Phone: +91 124 4071960
Email: compliance@mamaearth.in
Website: www.honasa.in
Initial public offer of 52,516,742* equity shares of face value of Rs. 10 each (Equity Shares) of Honasa Consumer Limited (Company or Issuer) for cash at a price of Rs. 324^ per equity share (including a share premium of Rs. 314 per equity share) (Offer Price) aggregating to Rs. 1701.44 crores* comprising a fresh issue of 11,268,580* equity shares aggregating to Rs. 365.00 crores* by the company (Fresh Issue) and an offer for sale of 41,248,162* equity shares aggregating to Rs. 1336.44 crores* (Offered Shares) by the selling shareholders, comprising 3,186,300* equity shares aggregating to Rs. 103.24* crores by Varun Alagh and 100,000* equity shares aggregating to Rs. 3.24 crores* by Ghazal Alagh (the Promoter Selling Shareholders), 7,972,478* equity shares aggregating to Rs. 258.31 crores* by fireside ventures investment fund i (a scheme of fireside ventures investment trust) acting through its trustee catalyst trusteeship limited (erstwhile milestone trusteeship services private limited) and duly represented by its investment manager, fireside investment advisory llp, 9,566,974* equity shares aggregating to Rs. 309.98 crores* by Sofina Ventures S.A. and 10,942,522* equity shares aggregating to Rs. 354.54 crores* by stellaris venture partners india i, (a scheme of stellaris venture partners india trust) acting through its trustee catalyst trusteeship limited (erstwhile milestone trusteeship services pvt ltd) and duly represented by its investment manager stellaris advisors llp (the Investor Selling Shareholders), and 1,193,250* equity shares aggregating to Rs. 38.66 crores* by Kunal Bhal, 5,700,188* equity shares aggregating to Rs. 184.69 crores* by Rishabh Harsh Mariwala, 1,193,250* equity shares up to Rs. 38.66 crores* by Rohit Kumar Bansal and 1,393,200* equity shares aggregating to Rs. 45.14 crores* by Shilpa Shetty Kundra (collectively Other Selling Shareholders)(the promoter selling shareholders, the investor selling shareholders and the other selling shareholders, collectively referred to as the Selling Shareholders) (Offer for Sale, together with the fresh issue, the Offer). The offer included a reservation of 34,013 equity shares, aggregating up to Rs. 1.00 crores (constituting up to 0.31% of the post-offer paid-up equity share capital), for subscription by eligible employees (Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer shall constitute 16.32% and 16.31%, respectively, of the post-offer paid-up equity share capital of the company. The face value of equity shares is Rs. 10 each. The offer price is 32.4 times the face value of the equity shares. ^A discount of Rs. 30 per equity share was offered to eligible employees bidding in the employee reservation portion. *Subject to finalisation of the basis of allotment
Issue Money Payable On
Opens On Closes On Application Allotment
31-Oct-2023 02-Nov-2023 324.00 0.00
Minimum Application for shares in Nos : 46 Further Multiples of : 46
()Cr. Lead Managers to the Issue
Project Cost 350.49 Citigroup Global Markets India Pvt Ltd
Project Financed through Current Offer 1,701.44
Post Issue Equity Share Capital 321.75
Issue Price 324.00
Projects
Advertisement Expenses towards Enchancing the Awareness and Visibility of the Brands
Capital Expenditure to be incurred by the Company for setting up New EBOs
Investmen in the Subsidiary,BBlunt for setting up new Salons
General Corporate Purposes & Unidentified Inorganic Acquisition
Promoted By
Varun Alagh
Ghazal Alagh
Listing At
BSE
NSE
Registrar to the Issue
KFin Techologies Ltd

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