Mamaearth IPO Listing Date 2023 – Mamaearth is India’s leading Beauty & Personal care product manufacturing company. It is initially began as a baby care product manufacturing company in 2016. Due to its safe & certified products, Mamaearth speedily evolved & expanded its business.
On December 30, 2022, Honasa Consumer Limited, the parent company of Mamaearth & many other companies, filed a DRHP with SEBI for Public Issues. The IPO of Mamaearth was lastly planned to open in March. But, due to unfavorable market situation at that time, the company delayed the IPO. The Mamaearth IPO is expecting to list in October or November of 2023.
Mamaearth IPO Listing Date 2023
Contents
The Mamaearth IPO Date comprises a ₹365 crore fresh share issue in addition to an offer for sale (OFS) of just around 4.12 crore shares. Other investors in the OFS who are selling include Kunal Bahl, Shilpa Shetty Kundra, Rishabh Harsh Mariwala, Fireside Ventures Fund, Sofina, Stellaris & Rohit Kumar Bansal.
The Mamaearth IPO Date net profits will use by the firm to fund the following objectives: advertising expenses to enhance the visibility & awareness of the company’s brands; the amount of money required to establish new EBOs; General business aims, an undisclosed inorganic acquisition & financial backing for the company’s subsidiary, Bhabani Blunt Hairdressing Private Limited (BBlunt), to open additional salons.
Mamaearth IPO Listing Date 2023 Details
| Article For | Mamaearth IPO Listing Date |
| 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 |
| Category | Trending |
| Fresh Issue | INR 400 Crores |
| Website | honasa.in |
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Subscription Date of Mamaearth IPO 2023
As per updates, SEBI has approved the public issue of Mamaearth (Honasa). Moreover, the RHP of Honasa will as well available shortly. This means that the investors can check the subscription detail from either one of these during the bidding period (between the IPO’s opening & closing date). Also, subscriptions can become a key aspect in determining the investment in Mamaearth. Usually, the subscription to IPOs is giving by the stock exchanges.
As introduced, the stock of Mamaearth will list on both stock exchanges. This means that the investors can check the subscription status through the official web portals. The date during which the investors can check the subscription of Mamaearth IPO will give shortly.
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The share cost, face value, offer for sale, aggregate shares, share holding pre issue & post issue, and various other detail about Mamaearth IPO can learn through the RHP of the company. RHP & DRHP of Mamaearth (Honasa) can got by visiting the authorized web page of the SEBI.
The share cost of the Mamaearth IPO is currently unavailable. As per the DRHP, the offer for sale includes up to 46,819,635 equity shares. Moreover, the fresh issue is regarding INR 400 Crores. The promoters of the Mamaearth IPO are Varun Alagh & Ghazal Alagh. Varun is sharing 3,186,300 Equity Shares & Ghazal is providing 100,000 Equity Shares. Moreover, the shareholders, like Fireside Ventures Limited, Stellaris, Kunal Bahl, Shilpa Shetty Kundra, Rishabh Harsh Mariwala, etc., are as well giving to sell their shares. The detail on the shareholders & their respective selling offers can got from the DRHP of Honasa.
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Mamaearth IPO Dates 2023
The Dates of Mamaearth IPO are yet to declare by the company. Dates of anchor bidding, IPO Opening & closing Date, allotment date, refund date, listing date & other crucial dates will reveal shortly. Strengths of this significant IPO include user-centric product innovation, the ability to drive growth, a huge scale of products, etc.
Before investing, users should go through the financial aspects of Mamaearth in its current & last Financial Years. In addition, factors like market cap, P/E(x) value, assets, net worth, growth value & other aspects play a crucial role in making the investment decision.
Expected GMP of Mamaearth IPO 2023
The shares of many public issues are often trading in an unofficial grey market. The cost at which the shares are traded is popular as Grey Market Premium. The positive value of GMP signifies a profit in the IPO & a negative GMP signifies a discount.
Moreover, the GMP often supports in determining how the IPO will react on its listing day. GMP of an IPO can highly unpredictable & shouldn’t utilize as a sole factor in creating investment decisions. The Expected GMP of the Mamaearth IPO will disclose soon.
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Mamaearth IPO Limited IPO Buy or Not
Deciding whether to purchase shares in Mamaearth IPO Limited depends on your investment goals, risk tolerance & market research. Assess the company’s financial health, growth prospects & valuation. Think about the need for sustainable & eco-friendly products & the company’s positioning in that market.
Consult with financial specialist or conduct thorough due diligence before making a decision. Remember that investing in IPOs can volatile, and it is necessary to create an informed choice based on your individual circumstances & objectives.
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Frequently Asked Questions
What is the Mamaearth IPO listing date?
The Mamaearth IPO will be listed on 10th of November 2023.
What is the price band of Mamaearth IPO?
The price band of Mamaearth IPO is ₹308 to ₹324.
When Mamaearth IPO expected date?
The Mamaearth IPO is proposed to open on October 31, 2023. The IPO application ends on November 2, 2023.
When Mamaearth IPO will come?
The Mamaearth IPO will open for subscription on October 31, 2023. The public issue will close on November 2, 2023.