Honasa Consumer Limited | Globe Capital Market LTD.
Honasa Consumer Limited
Price Band
Rs. 308 – 324
IPO Issue Period
Oct 31, 2023 to Nov 2, 2023
Issue Size
Rs. 1701 Cr.
Face value
₹10 per share
Fresh issue
Rs. 365 Cr.
Offer for sale
Rs. 1336 Cr.
Minimum Shares for Retail
Listing on
Issue Type
Book Building
Registrar to the Issue
Kfin Technologies Limited
Tentative Listing Date
Nov 10, 2023

Kotak Mahindra Capital Company Limited
Citigroup Global Markets India Private Limited
Jm Financial Limited
J.P. Morgan India Private Limited

Honasa Consumer Limited IPO is a book built issue. The issue comprises of fresh issue of Rs 365.00 crore and offer for sale of 4.12 crore shares.

Honasa Consumer Limited IPO opens for subscription on October 31, 2023 and closes on November 2, 2023. The allotment for the Honasa Consumer Limited IPO is expected to be finalized on Tuesday, November 7, 2023. Honasa Consumer Limited IPO will list on BSE, NSE with tentative listing date fixed as Friday, November 10, 2023.

Honasa Consumer Limited IPO price bands are yet to be announced.

For year/ period ended ( in Cr.)

H1FY23 FY22 FY21
Total Revenue 1,515.26 964.34 472.1
Profit After Tax -150.68 14.54 -1332.07
EPS -4.66 0.53 -98.35
OPM (%) -9.31% 2.33% -280.58%
PATM (%) -9.94% 1.51% -282.16%


  • Brand building capabilities and repeatable playbooks;
  • Customer centric product innovation;
  • Digital-first omnichannel distribution;
  • Data driven contextualised marketing;
  • Ability to drive growth and profitability in a capital efficient manner; and
  • Founder led company with a strong professional management.
  • Advertisement expenses towards enhancing the awareness and visibility of the company’s brands;
  • Capital expenditure to be incurred by the Company for setting up new EBOs;
  • Investment in the company’s Subsidiary, Bhabani Blunt Hairdressing Private Limited (“BBlunt”) for setting up new salons; and
  • General corporate purposes and unidentified inorganic acquisition.

The company has posted fast growth in the last five years with over 65% EBITDA margins and is poised for bright prospects ahead. It enjoys asset light model of business. Well-informed investors may consider parking moderate funds for medium to long term rewards.

Be a Part of IPO Success Stories!

Never Miss IPO Investment