Honasa IPO GMP (Mamaearth IPO GMP): Honasa Consumer Limited IPO GMP

Mamaearth IPO GMP: The Honasa Consumer Limited IPO is generating significant interest in the Indian financial markets as the company prepares to launch its mainline IPO on NSE and BSE. This blog provides an overview of the IPO’s Grey Market Premium (GMP), key dates, and details about Honasa Consumer Limited, shedding light on its impressive journey in the beauty and personal care industry.

Also See: Mamaearth IPO Review

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Honasa Consumer Limited IPO GMP (Mamaearth IPO GMP)

[Last Updated: 07-Nov-2023; 09:13] Here’s a snapshot of the Honasa Consumer Limited IPO GMP (Mamaearth IPO GMP):

GMP DateIPO PriceGMPSub2 Sauda RateEstimated Listing Price
07-11-2023₹324₹25900/12600₹349 (7.72%)
06-11-2023₹324₹25900/12600₹349 (7.72%)
05-11-2023₹324₹311100/15400₹355 (9.57%
04-11-2023₹324₹301000/14000₹354 (9.26%)
03-11-2023₹324₹24900/12600₹348 (7.41%)
02-11-2023₹324₹18600/8400₹342 (5.56%)
01-11-2023₹324₹9300/4200₹333 (2.78%)
31-10-2023₹324₹6200/2800₹330 (2.16%)
30-10-2023₹324₹7200/2800₹331 (2.16%)
29-10-2023₹324₹7200/2800₹331 (2.16%)
28-10-2023₹324₹7200/2800₹331 (2.16%)
27-10-2023₹324₹15500/7000₹339 (4.63%)
26-10-2023₹324₹321100/15400₹356 (9.88%)
25-10-2023NA₹32
(Down)
₹32 (%)
24-10-2023NA₹47
(Up)
₹47 (%)
23-10-2023₹0₹ (0%)
Mamaearth IPO GMP

The GMP reflects investor expectations regarding how the IPO may perform on the listing day. A positive GMP suggests that the IPO is likely to list at a premium, while a negative GMP implies a potential discount. However, it’s essential to remember that GMP is highly volatile and should not be the sole factor in your investment decision.

IPO Grey Market Premium (GMP):

The Grey Market Premium (GMP) is a crucial indicator of market sentiment towards an IPO before it officially lists on stock exchanges. GMP reflects the premium or discount at which the IPO shares are traded in the unofficial, unregulated grey market.

Honasa Consumer Limited IPO Dates:

Here are the key dates for the Honasa Consumer Limited IPO(Mamaearth IPO):

IPO ActivityDate
IPO Open Date31-10-2023
IPO Close Date02-11-2023
Basis of Allotment Finalisation Date07-11-2023
Refunds Initiation08-11-2023
Credit of Shares to Demat Account09-11-2023
IPO Listing Date10-11-2023

Investors should mark these dates in their calendars to stay updated on the IPO process.

About Honasa Consumer Limited:

Honasa Consumer Limited, established in September 2016, is a company dedicated to addressing consumer beauty and personal care needs. Their flagship product, Mamaearth, is designed to provide safe, natural, and toxin-free beauty products made from natural ingredients. As of September 2022, Mamaearth is the fastest-growing brand in India’s beauty and personal care sector, with annual sales of ₹10 billion in the last 12 months.

The company’s success is attributed to its ability to identify and cater to emerging trends in the market. They have developed brand-building strategies that emphasize consumer-centric innovation, omnichannel digital distribution, and technology and data-driven marketing. Honasa Consumer Limited also has a strong focus on social and environmental responsibility, as seen through initiatives like “Plant Goodness,” “Young Scientists,” and “Fresh Water for All,” which are linked to their brands’ causes.

Conclusion:

The Honasa Consumer Limited IPO(Mamaearth IPO) is poised to be a significant event in the Indian financial landscape. The Grey Market Premium is indicating positive investor sentiment, but it’s essential to consider all factors and conduct thorough research before making any investment decisions. The company’s success story in the beauty and personal care industry, its commitment to innovative, environmentally friendly products, and its dedication to social causes make Honasa Consumer Limited a compelling player in the market. Investors should keep an eye on the IPO dates and consider their investment strategy carefully.

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