Honasa Consumer has made a flat debut at Rs 324.00 on the BSE, from its issue price of Rs 324.
The scrip is currently trading at Rs 333.05, up by 9.05 points or 2.79% from its issue price. It has touched a high and low of Rs 337.60 and Rs 322.70 respectively. So far 4.50 lakh shares were traded on the counter.
The offering, which was open for subscription between October 31, 2023 and November 2, 2023 was subscribed 7.61 times. The issue price was fixed at Rs 324 per share i.e. at upper end of price band of Rs 308-324 apiece.
Honasa Consumer, doing business as Mamaearth, provides e-commerce services. The company offers baby, skin, body, and hair care products, as well as mosquito protection roll on and creams.
