Gurugram-based Honasa Consumer, the parent company of Mamaearth and The Derma Co, is set to announce the allotment status of its initial public offering (IPO) on Monday, November 6. The Honasa Consumer IPO, which opened on October 31 and closed on November 2, had a price band of ₹308 to ₹324 per share.
On the final day of the IPO, it was subscribed 7.61 times, with bids received for 22 crore equity shares against the 2.89 crore shares on offer. The qualified institutional buyer (QIB) portion was subscribed 11.50 times, the non-institutional investors portion was subscribed 4.02 times, and the retail portion was subscribed 1.35 times. The employee portion saw a subscription of 4.88 times.
Currently, the shares of Honasa Consumer are commanding a grey market premium (GMP) of ₹20 per share. The GMP represents the premium at which IPO shares are traded in an unofficial market prior to their listing on the stock exchanges.
To check the IPO’s allotment status, investors can visit the registrar’s website and follow these steps:
1. Click on ‘Company Selection’ and select ‘Honasa Consumer’.
2. Enter the PAN, application number, DP/Client ID, or Account number/IFSC.
3. Click on ‘Search’ to view the application status, including the number of shares applied for and allotted.
Investors can also check the allotment status on the BSE and NSE websites. For BSE:
1. Go to the BSE website and click on ‘Equity’.
2. Select ‘Honasa Consumer’ from the dropdown menu.
3. Enter the application number and PAN.
4. Click on ‘Search’ to view the number of shares allotted.
For NSE, investors can log in to their account and check the allotment status on their respective page.
The shares of Honasa Consumer are expected to be listed on the stock exchanges on November 7.
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