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.)

• 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.