Mamaearth-parent Honansa Consumer is selling its shares in the price band of Rs 308-324 apiece with a lot size of 46 equity shares and its multiples thereafter.
Honasa Consumer IPO | Varun & Ghazal Alagh-owned company has seen volatility on the profitability front, but performance at EBITDA level remained strong.
About Rs 3,734-crore worth of IPOs will be launched and while two stocks will make their market debut in testy conditions. The Sensex and the Nifty tanked 2.5 percent in the week gone by and are down 6 percent down from their record highs
Apart from promoters Varun Alagh and Ghazal Alagh, investors like Fireside Ventures, Sofina, Stellaris and Shilpa Shetty Kundra offered shares as part of OFS.