Mama Earth’s Parent Honasana Rs. 1700 crore IPO to Launch on 31st October 2023

Published : 25 October 2023

By : Sachin Gupta

Mama Earth IPO opens on 31st October:

Mama Earth IPO opens on October 31, 2023, and closes on November 2, 2023.

About Company

Honasa Consumer Limited parent company of Mama Earth is a digital-first house of brands catering to the diverse needs of millennial customers. They are building a new generation of beauty and personal care brands. From natural personal care to science-backed skincare and a modern take on Ayurveda, each of our brands has a unique proposition, created for millennials.

Price Band

Mama Earth IPO's price band is fixed at Rs.344 to Rs.355  per equity share with face value at Rs.10. 

Promoters

Varun Alagh and Ghazal Alagh are promoters of Mama Earth

IPO Registrar

Kfin Technologies Limited is IPO Registrar for Mama Earth

Book Running Lead Manager

1. Kotak Mahindra Capital Company Limited 2. Citigroup Global Markets India Private Limited 3. Jm Financial Limited 4. J.P. Morgan India Private Limited