Honasa (mamaearth) IPO

Honasa Consumer Ltd, the parent company of beauty and personal care brand Mamaearth, has set the price band for its initial public offering (IPO) at Rs 308-324 per share. This translates to an issue size of Rs 1,701 crore at the upper end of the band.

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The IPO, which opens on October 31, consists of a fresh issue of shares worth Rs 365 crore, and an offer-for-sale (OFS) of Rs 1,336 crore. Bidding for anchor investors will open on October 30. Read more

How do I apply for the Honasa (mamaearth) IPO?

You can apply for the Honasa (mamaearth) IPO using any supported UPI app by following two steps:

• Enter your bid on rocket
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.