Loading market data...

Honasa Consumer (Mamaearth) IPO

D2C Skincare / FMCG - Listed on 07 November 2023

+1.9% listing gain
Issue Price (Upper)
Rs 324
Listing Price
Rs 330
Closing Price (NSE)
Rs 337.1
Total Subscription
7.61x

Honasa Consumer (Mamaearth) IPO listing summary

Honasa Consumer (Mamaearth) (D2C Skincare / FMCG) closed its IPO window in 2023 and listed on NSE and BSE on 07 November 2023 at an upper band issue price of Rs 324, opening at Rs 330 for a listing gain of +1.9% and closing day one at Rs 337.1 (+4.0% on closing basis). The IPO was subscribed 7.61x overall - QIB 11.50x, HNI/NII 4.02x, Retail 1.34x. The total issue size was Rs 1,701.44 Cr (Fresh Issue Rs 365 Cr, OFS Rs 1336.44 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+1.85%
Listing Gain (Close)
+4.04%
Day Change After Listing
+2.19%
Retail Quota
10.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB11.50x
HNI / NII4.02x
Retail1.34x
Overall7.61x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.13x
Day 20.70x
Day 3 (Final)7.61x

Honasa Consumer (Mamaearth) IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 20+6.17%
Day 2Rs 10+3.09%
Day 3Rs 8+2.47%
Day 4Rs 8+2.47%
Day 5Rs 8+2.47%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
2.5%-6.2%
IPOGyani AI Prediction
-
Actual Listing Gain
+1.9%

Issue & financials

Issue SizeRs 1,701.44 Cr
Fresh IssueRs 365 Cr
OFSRs 1,336.44 Cr
IPO PE-
Peer / Sector PE47.50
PE vs Sector Ratio0.00
Latest EBITDA (Cr)1.52
Debt / Equity-

Market context at listing

How the broader market moved around the Honasa Consumer (Mamaearth) IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return+0.10%
Nifty 1W Return+1.01%
Nifty 1M Return-1.95%
Nifty during IPO window+1.81%

Honasa Consumer (Mamaearth) IPO - FAQs

What was the listing gain of Honasa Consumer (Mamaearth) IPO?

Honasa Consumer (Mamaearth) IPO listed at +1.9% versus the upper issue price of Rs 324 on 07 November 2023.

How many times was Honasa Consumer (Mamaearth) IPO subscribed?

Honasa Consumer (Mamaearth) IPO was subscribed 7.61x overall. QIB portion was subscribed 11.50x, HNI / NII 4.02x and Retail 1.34x.

What was the IPO GMP for Honasa Consumer (Mamaearth)?

IPO GMP started at Rs 20 on Day 1 and moved to Rs 8 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

Other IPOs listed in 2023

Browse listed IPOs by year