Mamaearth IPO GMP History
Mamaearth IPO has been listed on November 7, 2023 at a listing price of ₹330, against the issue price of ₹324 — a gain of ₹6 (+1.85%). The GMP peaked at ₹45 on 25 October 2023 and reached a low of ₹10 on 2 November 2023. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Mamaearth IPO raised ₹1701.44 Cr. through its IPO at a price band of ₹308 to ₹324 per share, with a lot size of 46 shares. The IPO was open for subscription from 31 Oct 2023 to 02 Nov 2023.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 6:17 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 06 Nov 2023 | ₹ 30 | ▲ | 9% | — | — |
| 05 Nov 2023 | ₹ 20 | — | 6% | — | — |
| 03 Nov 2023 | ₹ 20 | ▲ | 6% | — | — |
| 02 Nov 2023 | ₹ 10 | — | 3% | — | — |
| 01 Nov 2023 | ₹ 10 | — | 3% | — | — |
| 31 Oct 2023 | ₹ 10 | — | 3% | — | — |
| 30 Oct 2023 | ₹ 10 | ▼ | 3% | — | — |
| 29 Oct 2023 | ₹ 30 | — | 9% | — | — |
| 26 Oct 2023 | ₹ 30 | ▼ | 9% | — | — |
| 25 Oct 2023 | ₹ 45 | ▲ | 14% | — | — |
| 24 Oct 2023 | ₹ 30 | — | 9% | — | — |
Mamaearth IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 31 Oct 2023
- Close 02 Nov 2023
- Allotment 06 Nov 2023
- Refund/credit 06 Nov 2023
- Listing 07 Nov 2023
Mamaearth IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹324 |
|---|---|
| GMP-based estimate (pre-listing) | ₹354 (+9.3%) |
| Listing gain / loss | +₹6 per share |
| Listing date | 07 Nov, 2023 |
| Actual listing price | ₹330 (+1.85%) |
Is Mamaearth IPO GMP reliable?
Grey market premium for Mamaearth IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Mamaearth IPO full review for a fundamentals-based assessment before making any grey market trades.
Mamaearth IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Mamaearth IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Mamaearth IPO
Honasa Consumer Limited was incorporated as Honasa Consumer Private Limited at New Delhi on 16 September 2016. It is focused on the beauty and personal care (BPC) business.
It has a portfolio of six BPC brands, Mamaearth, The Derma Co., Aqualogica, Ayuga, BBlunt and Dr. Sheth's, each with its own value proposition. Its products cover baby care, face care, body care, hair care, colour cosmetics and fragrances.
The product portfolio is supplemented by its professional salon chain, BBlunt Salons. Its promoters are Varun Alagh and Ghazal Alagh.
The IPO was Rs 1,701.44 crore, with Rs 365.05 crore of fresh issue and Rs 1,336.39 crore of offer for sale by the promoters, investors and other shareholders. Rs 182.00 crore was planned for advertising, Rs 20.60 crore for new exclusive brand outlets and Rs 26.00 crore for new BBlunt salons.
Frequently asked
What is the GMP of Mamaearth IPO?
The current Grey Market Premium (GMP) of Mamaearth IPO is ₹ 30.
What is the Kostak Price of Mamaearth IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Mamaearth IPO is not available.
What is the Subject to Sauda Price of Mamaearth IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Mamaearth IPO?
Mamaearth IPO listed on November 7, 2023 at ₹330, against the issue price of ₹324 — a gain of +1.85%.
How did the GMP of Mamaearth IPO trend before listing?
The GMP of Mamaearth IPO was rising in its final days before listing. The GMP peaked at ₹45 on 25 October 2023. View the day-wise table above for the complete GMP history.
Explore Mamaearth IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
