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Mamaearth IPO Date, GMP, Lot Size, Buy or Not?, Allotment & Listing

Mamaearth IPO Date : The Mamaearth IPO is set to commence trading on October 31, with the sale of up to 41,248,162 shares at a price of ₹10 per share and a new ₹365 issue. The IPO is project to raise around ₹1701 crores. The allocation for the Honasa Consumer IPO is expect to be complete on November 7, 2023. Refunds are schedule for November 8, 2023, and credit to a demat account is schedule for November 9, 2023. The propose listing date for the IPO is November 10, 2023. The HNI quota has been set at 15%, QIB at 75%, and retail quota at 10%. Investors interest in the Mamaearth IPO should keep an eye out for further developments regarding this exciting offering.

If you’re an investor looking to get in on the action of a promising IPO, Mamaearth is one to watch. As a leading brand in the natural and toxin-free personal care products industry, Mamaearth has gaine a loyal customer base and strong market presence. In this blog post, we’ll dive into the details of Mamaearth’s upcoming IPO, including the date, potential valuation, and what investors can expect. So if you’re interest in investing in a company that prioritizes sustainability and consumer health, keep reading for all the information you need on Mamaearth’s IPO date.

Mamaearth IPO Date

The upcoming Mamaearth IPO Date will consist of a fresh share issue worth ₹365 crore, alongside an offer for sale (OFS) of approximately 4.12 crore shares. During the IPO, Varun Alagh, the promoter of Honasa, will sell 3,186,300 shares while his wife Ghazal Alagh may sell up to 100,000 shares. Other investors who are part of the OFS and selling their shares include Kunal Bahl, Shilpa Shetty Kundra, Rishabh Harsh Mariwala, Fireside Ventures Fund, Sofina, Stellaris and Rohit Kumar Bansal. The Mamaearth IPO is expect to garner a lot of attention from investors due to the growing popularity of natural and organic personal care products in India.

Mamaearth’s IPO Date net profits will be allocate towards funding several objectives. One of the main goals is to increase the visibility and awareness of the company’s brands through advertising expenses. Additionally, funds will be allocate to establish new EBOs (Exclusive Brand Outlets) and achieve general business aims. The company also plans to use a portion of the proceeds for an undisclosed inorganic acquisition and provide financial backing for its subsidiary, Bhabani Blunt Hairdressing Private Limited (BBlunt), to open additional salons. With a successful IPO, Mamaearth can expand its operations and strengthen its position as a leading player in the personal care and beauty industry.

Mamaearth IPO Date

Mamaearth IPO Date Details

IPO Open October 31, 2023
IPO Close November 2, 2023
IPO Size Approx ₹1701 Crores
Fresh Issue Approx ₹365 Crores
Offer for Sale Approx 41,248,162 shares
Face Value ₹10 Per Equity Share
IPO Price Band ₹308 to ₹324 Per Share
Basis of Allotment November 7, 2023
Refunds November 8, 2023,
Credit to Demat Account November 9, 2023
IPO Listing Date November 10, 2023,
Retail Quota 10%
QIB Quota 75%
NII Quota 15%
IPO Listing on BSE & NSE
Category News
Official Website Click Here
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Mamaearth IPO GMP

The Mamaearth IPO is currently experiencing a Grey Market Premium (GMP) of ₹30. GMP, also known as the IPO Grey Market Premium, Kostak, and Subject to Sauda rates, provides an indication of the demand for the IPO shares in the secondary market before they are officially liste on the stock exchange. The GMP for Mamaearth’s IPO has been positive since its inception, indicating strong investor interest. It’s important to note that the reference of Mamaearth IPO GMP (IPO Grey Market Premium) is only applicable for the date specified in the header. Keep an eye on this space for update figures on Mamaearth IPO GMP.

We do not engage in buying and selling IPO forms on the IPO Grey Market. The Kostak Rate refers to the premium receive when selling an IPO application to a third party through an off-market transaction before the issue is allocate or liste. It is not recommend to subscribe to an IPO solely bas on the premium price as it may change prior to listing. Therefore, it is advisable to carefully assess the company’s fundamentals before subscribing.

Mamaearth IPO Allotment & Listing Dates

Mamaearth, a well-known personal care brand, has made the announcement that it will be launching its Initial Public Offering (IPO) on October 31. The subscription window for the IPO is open until November 2nd, while the allocation process will conclude on November 7th. On November 10th, the Mamaearth IPO is set to go live.

This strategic move is aim at expanding its business operations and gaining a larger market share in an incredibly competitive personal care industry. The Mamaearth IPO has garnere significant interest among investors as it presents a promising investment opportunity with strong growth potential amidst economic challenges. Mamaearth’s focus on natural and organic products has earned it a loyal customer base and has contributed to its success thus far. The upcoming IPO will allow Mamaearth to accelerate its expansion plans and continue to innovate in the personal care space.

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Mamaearth IPO Offer for sale (OFS)

Honasa Consumer Pvt Ltd, the parent company of popular online beauty and personal care brand Mamaearth, is set to conduct an offer for sale (OFS) of shares. Ghazal Alagh, one of the promoters, will sell up to 100,000 shares while Varun Alagh will sell 31,86,000 shares. Several other shareholders are also expect to sell their shares in the OFS, including Kunal Bahl, Shilpa Shetty Kundra, Rishabh Harsh Mariwala, Fireside Ventures Fund, Sofina, Stellaris and Rohit Kumar Bansal. This move comes after Mamaearth’s recent valuation at $800 million and the company plans to use the proceeds from the OFS to expand its presence in both domestic and international markets.

Mamaearth IPO Market Lot

The Mamaearth IPO has a minimum market lot of 46 shares, and interest investors need to pay an application fee of ₹14,904. Retail investors can apply for up to 13 lots, which amounts to a total of 598 shares or ₹193,752. It is essential to note that the amount of shares one can buy depends on the size of their investment portfolio and their risk-taking capacity. Additionally, before investing in an IPO, it is advisable to thoroughly examine the company’s financials and future prospects. One should also consider consulting with a financial advisor for guidance on making sound investment decisions.

  • Retail Minimum:46, ₹14,904
  • Retail Maximum: 598, ₹193,752
  • S-HNI Minimum: 644, ₹208,656
  • B-HNI Minimum: 3128, ₹1,013,472

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Mamaearth IPO Limited IPO Buy or Not

Before making a decision on whether to buy shares in Mamaearth IPO Limit, it is important to consider various factors including your investment goals, risk tolerance, and market research. The financial health of the company, its growth prospects, and valuation are crucial parameters. It is also advisable to consider the demand for sustainable and eco-friendly products as well as the company’s positioning in that market. Conducting a thorough analysis of these factors can help you make an inform decision about investing in Mamaearth IPO Limit. Additionally, seeking advice from financial experts or professionals can provide valuable insights into the potential risks and rewards associate with this investment opportunity.

Investing in IPOs can be quite unpredictable, and seeking guidance from financial experts or conducting comprehensive due diligence is crucial before making any decisions. It is important to understand that the stock market can be volatile, and making an informe decision bas on your individual circumstances and objectives is necessary. Investing in IPOs requires a thorough understanding of the company’s business model, management team, and financial performance, as well as market trends and conditions. As with any investment decision, it is essential to weigh the potential risks against potential rewards before committing any capital.

How To Check Mamaearth IPO Allotment Status? 

The much-awaited Mamaearth IPO is finally here, and investors are eager to know if they have been allot shares. If you’re one of the lucky ones who applied for the IPO, you’re probably wondering how to check your Mamaearth IPO allotment status. In this blog post, we’ll guide you through the process step-by-step, so you can easily find out if you’ve been allot shares in this exciting new company. Whether you’re a season investor or new to the world of IPOs, this information will help you navigate through the allotment process with ease. So let’s get start and find out if you’re a proud shareholder of Mamaearth!

To ascertain the allotment status of Mamaearth IPO, please follow these instructions:

  • Please head to the official website of either the registrar or the stock exchange where the Mamaearth IPO is list.
  • Please navigate to the website and access the tab labeled “IPO Allotment” or “Allotment Status”.
  • Please provide your Permanent Account Number (PAN) along with your Application ID (ID Client) or DP ID.
  • Please provide the necessary information, and the website will show you your allotment status, indicating whether or not you have been assigned any shares.
  • In case it is available, you can also verify the status of your allotment by accessing your bank’s net banking portal or utilizing the registrar’s official mobile application.

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Conclusion

The IPO date for Mamaearth, a popular personal care brand, has not been announced yet. As the company continues to grow and expand its presence in the market, there is speculation about when they will go public. Investors and fans of the brand are eagerly waiting for the announcement of the IPO date, as it presents an opportunity to invest in a company that is known for its natural and eco-friendly products. Keep an eye out for updates from Mamaearth regarding their IPO date, as it is sure to generate significant interest in the investment community.

Mamaearth IPO Date FAQ’S

Which parent company of mamaearth ipo?

Honasa Consumer Limited, popularly known for its Mamaearth brand, launched its Initial Public Offering (IPO) in the primary market on Tuesday. The IPO subscription will remain open until November 2, 2023.

What is the issue size of Mamaearth?

Issue size of Rs 1701 crore; Fresh issue size of Rs 365 cr.

Is Mamaearth IPO listed?

According to the information, Mamaearth's IPO Date of 2023 has been finalized. This company will do its public listing in October 2023.

Is Mamaearth going public?

The initial public offering (IPO) of Honasa Consumer, the parent of direct-to-consumer (DTC) brand Mamaearth, will open for subscription on Tuesday, October 31. Ahead of the launch, the company raised ₹765 crore from anchor investors.

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