Honasa Consumer Limited (HCL), Mamaearth’s parent is set to launch an IPO on 31st Oct 2023

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SEBI Green Light

[{"selector":"#anim-e5a6fb5d-b0a1-4069-827d-781c23f6d4d5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] HCL filed for a DRHP to SEBI on 28th Dec 2022, after receiving a Unicorn status earlier that month.

Valuation & Prospectus

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Offering Structure

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Legalities

[{"selector":"#anim-d11e807b-5abd-4367-bc86-487de713872d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(5.718389651721953%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] HCL IPO is being handled by Kotak Mahindra Capital, JM Financial, Citi, JP Morgan, Cyril Amarchand Mangaldas, IndusLaw, and Khaitan & Co.

Use of Fresh Issue

[{"selector":"#anim-77072f88-5047-485a-893a-8b470b953cb8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0.8513513604420524%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Proceeds from IPO will be used to boost marketing, open new exclusive brand outlets, and expand the BBlunt salon network .

Mamaearth Overseas Expansion

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In this highly volatile market, how will the HCL IPO perform? Swipe Up to learn more!

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