Mamaearth IPO Date, GMP, Lot Size, Allotment & Listing, Buy or Not?

Mamaearth IPO Date

Mamaearth IPO Date Mamaearth IPO Date is scheduled to start exchanging on October 31 and end on November 02. The Mamaearth IPO is supposed to produce around ₹1701 crores by the offer of up to 41,248,162 offers at a cost of ₹10 each, as well as a new ₹365 issue. HNI is 15%, QIB is 75%, and the retail standard is 10%. The designation for the Honasa Buyer IPO is supposed to be done on November 7, 2023; discounts are planned on November 8, 2023, and credit to a demat account is booked for November 9, 2023. The proposed posting date for the IPO is November 10, 2023.

Mamaearth IPO Date

The Mamaearth IPO Date comprises a ₹365 crore new offer issue notwithstanding a proposal available to be purchased (OFS) of roughly 4.12 crore shares. Varun Alagh, the advertiser of Honasa, will sell 3,186,300 offers during the Initial public offering, while his better half Ghazal Alagh might sell up to 100,000 offers. Different financial backers in the OFS who are selling incorporate Kunal Bahl, Shilpa Shetty Kundra, Rishabh Unforgiving Mariwala, Fireside Adventures Asset, Sofina, Stellaris, and Rohit Kumar Bansal.

The Mamaearth IPO Date net profits will be utilized by the firm to finance the accompanying goals: publicizing costs to build the perceivability and familiarity with the organization’s brands; how much cash expected to lay out new EBOs; General business points, an undisclosed inorganic obtaining, and monetary support for the organization’s auxiliary, Bhabani Obtuse Styling Private Restricted (BBlunt), to open extra salons.

Mamaearth IPO Allotment & Listing Dates

October 31 is the date of the Mamaearth IPO & November 2 is the closing date. On November 7, the Mamaearth IPO allocation will be conclude, and on November 10, the IPO will go live.

Mamaearth IPO Offer for sale (OFS)

Ghazal Alagh is presenting to 100,000 offers, while Varun Alagh, the advertiser of Honasa, will sell 31,86,000 offers. Various different investors will likewise be selling their different offers in the OFS, including Kunal Bahl, Shilpa Shetty Kundra, Rishabh Brutal Mariwala, Fireside Adventures Asset, Sofina, Stellaris, and Rohit Kumar Bansal.

Mamaearth IPO Date

Mamaearth IPO GMP

The Dim Market Premium, or GMP, for the Mamaearth Initial public offering, is ₹30. Look at the ongoing Mamaearth IPO GMP, otherwise called the IPO Dark Market Premium, Kostak, and Dependent upon Sauda rates. GMP for Mamaearth’s IPO started. Watch this space for the latest Mamaearth IPO GMP figures. The reference of Mamaearth IPO GMP is just material for the date determined in the header.

IPO Open October 31, 2023
IPO Close November 2, 2023
IPO Size Approx ₹1701 Crores
Fresh Issue Approx ₹365 Crores
Offer for Sale Approx 41,248,162 shares
Face Value ₹10 Per Equity Share
IPO Price Band ₹308 to ₹324 Per Share
Basis of Allotment November 7, 2023
Refunds November 8, 2023,
Credit to Demat Account November 9, 2023
IPO Listing Date November 10, 2023,
Retail Quota 10%
QIB Quota 75%
NII Quota 15%
IPO Listing on BSE & NSE

Mamaearth IPO Market Lot

With an application fee of ₹14,904, the minimum sell lot for the Mamaearth IPO is 46 shares. Retail lender may submit applications for up to 13 lots totaling 598 shares, or ₹193,752.

  • Retail Minimum:46, ₹14,904
  • Retail Maximum: 598, ₹193,752
  • S-HNI Minimum: 644, ₹208,656
  • B-HNI Minimum: 3128, ₹1,013,472

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Instruction to Check Mamaearth IPO Allotment Status?

To check the allotment status of the Mamaearth IPO (Initial Public Offering), you can follow these steps:

Visit the Official Website

Go to the official website of the stock exchange where Mamaearth has been list. In India, the primary stock exchanges are the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). Visit the respective website where the IPO was list.

Find the IPO Allotment Page

Look for a dedicated section on the website related to IPO allotment. It’s usually name “IPO Allotment Status” or something similar.

Enter Details

You will typically need to enter your application number or the PAN (Permanent Account Number) that you used to apply for the IPO. Sometimes, you might need to provide your DP ID (Depository Participant Identification) and Client ID.

Submit and Check

After entering the required details, submit the form. The website will then display the IPO allotment status for your application.

Check Through Registrar’s Website

Alternatively, you can check the IPO allotment status through the registrar’s website. The registrar is the entity responsible for processing IPO applications. In the case of Mamaearth IPO, you would need to visit the registrar’s website, which is typically mention in the IPO prospectus.

Wait for SMS/Email

Many times, you may also receive an SMS or email notification from the registrar or the stock exchange with the IPO allotment status.

Check Newspapers

You can also check leading financial newspapers where the IPO allotment status is often publish.

Please note that IPO allotment status is usually available a few days after the IPO closes. It’s essential to be patient and keep checking the status using the methods mentioned above until you receive a confirmation of your allotment or rejection. If you have any doubts or face issues, it’s advisable to consult your broker or the customer service of the registrar for assistance.

Mamaearth IPO Limited IPO Buy or Not

Choosing whether to purchase partakes in Mamaearth IPO Restricted relies upon your speculation objectives, risk resistance, and statistical surveying. Survey the organization’s monetary wellbeing, development possibilities, and valuation. Consider the interest for reasonable and eco-accommodating items and the organization’s situating in that market.

Talk with monetary specialists or lead exhaustive reasonable level of investment prior to pursuing a choice. Recollect that putting resources into Initial public offerings can be unpredictable, and pursuing an educated decision in light of your singular conditions and objectives is fundamental.

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Ques & Ans Related to Mamaearth IPO Date

When was the first IPO?

The world’s first ever IPO was the Dutch East India Company’s public offering of stock in 1604. The world’s biggest IPO to-date, by value, has been Saudi Aramco’s Initial Public Offering on the Riyadh Stock Exchange in 2019 which raised £25.6bn.

When was Mamaearth IPO launch?

Mamaearth IPO opens for subscription on Tuesday, October 31, and closes on Thursday, November 2. The allocation to anchor investors for Honasa Consumer IPO is schedule to take place on Monday, October 30.

What is the company name of Mamaearth?

For instance, its flagship brand, Mamaearth, is built to service a core customer need for safe-to-use, natural products and focuses on developing toxin-free beauty products made with natural ingredients.

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