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Mamaearth IPO Subscription Status

Mamaearth IPO was subscribed 7.61 times when bidding closed on 2 Nov 2023: QIB 11.5x, NII 4.02x, Retail 1.35x.

The Honasa Consumer IPO has been subscribed 7.61x times overall. Retail investors have shown interest with bids for 1.35x the shares available. The Non-Institutional Investor (NII) category has been subscribed 4.02x. Within NII, Big HNI (B-HNI) subscribed 4.85x and Small HNI (S-HNI) subscribed 2.36x. Qualified Institutional Buyers (QIBs) have subscribed 11.5x. Data last updated on 10 Nov, 06:17 PM.

The IPO subscription period has ended. The issue opened on 31 Oct, 2023 and closes on 02 Nov, 2023. The shares are expected to list on stock exchanges on 07 Nov, 2023.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 06:17 PM
Category Bid details Times
QIB - of - - 11.5x
NII - of - - 4.02x
bHNI — bid amount above ₹10 Lakh
- - 4.85
sHNI — bid amount ₹2–10 Lakh
- - 2.36
Retail - of - - 1.35x
Employee - of - - 4.88x
TOTAL - - 7.61x
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Honasa Consumer IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
2 out of 3
~74.1% chance per PAN — based on 1.35x subscription. Winners get exactly 1 lot (₹14,904) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
2 out of 5
~42.4% chance — based on 2.36x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 5
~20.6% chance — based on 4.85x subscription. Lottery allots the minimum NII application of 14 lots (₹2.1 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
11.5x
Proportionate allotment — at 11.5x, institutions receive ~8.7% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 74.1% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 11.5x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
02 Nov 2023
Day 3
7.61x ▼
QIB11.5x BHNI4.85x SHNI2.36x Retail1.35x Employee4.88x
01 Nov 2023
Day 2
0.7x ▼
QIB1.02x BHNI0.08x SHNI0.1x Retail0.62x Employee3.19x
31 Oct 2023
Day 1
0.12x ▼
QIB0.1x BHNI0.02x SHNI0.05x Retail0.34x Employee1.97x

Honasa Consumer IPO dates

From the bidding window to listing. Today is 14 November.

Key dates Listed
  1. Open 31 Oct 2023
  2. Close 02 Nov 2023
  3. Allotment 06 Nov 2023
  4. Refund/credit 06 Nov 2023
  5. Listing 07 Nov 2023

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

Anchor Investor Amt (₹ cr.) % Allocated
SMALLCAP WORLD FUND, INC ₹67.07 Cr 8.76%
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND ₹41.50 Cr 5.42%
GOVERNMENT PENSION FUND GLOBAL ₹40.00 Cr 5.23%
ABU DHABI INVESTMENT AUTHORITY - MONSOON ₹40.00 Cr 5.23%
KOTAK FUNDS - INDIA MIDCAP FUND ₹30.00 Cr 3.92%
DSP INDIA FUND ₹27.50 Cr 3.59%
FIDELITY FUNDS - INDIA FOCUS FUND ₹26.40 Cr 3.45%
CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO MULTI CAP FUND ₹25.00 Cr 3.27%
ICICI PRUDENTIAL BHARAT CONSUMPTION FUND ₹23.50 Cr 3.07%
INVESCO INDIA MULTICAP FUND ₹20.75 Cr 2.71%
INVESCO INDIA SMALLCAP FUND ₹20.75 Cr 2.71%
SBI LIFE INSURANCE CO. LTD ₹20.04 Cr 2.62%
CARMIGNAC PORTFOLIO ₹20.00 Cr 2.61%
MATTHEWS INDIA FUND ₹20.00 Cr 2.61%
GOLDMAN SACHS (SINGAPORE) PTE. - ODI ₹20.00 Cr 2.61%
DESTINATIONS INTERNATIONAL EQUITY FUND, A SERIES OF BRINKER CAPITAL DESTINATIONS TRUST ₹20.00 Cr 2.61%
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED ₹20.00 Cr 2.61%
ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED ₹20.00 Cr 2.61%
ICICI PRUDENTIAL FMCG FUND ₹18.03 Cr 2.36%
ASHOKA INDIA OPPORTUNITIES FUND ₹15.00 Cr 1.96%
ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE INDIA GENNEXT FUND ₹14.50 Cr 1.89%
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC - FIRST SENTIER INVESTORS INTERNATIONAL IM LIMITED ₹14.39 Cr 1.88%
THE SCOTTISH ORIENTAL SMALLER COMPANIES TRUST PLC ₹14.29 Cr 1.87%
FIDELITY FUNDS - SUSTAINABLE CONSUMER BRANDS POOL ₹13.60 Cr 1.78%
ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE EQUITY ADVANTAGE FUND ₹13.50 Cr 1.76%
ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE SMALL CAP FUND ₹13.50 Cr 1.76%
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS SMALL CAP FUND ₹12.01 Cr 1.57%
WHITEOAK CAPITAL FLEXI CAP FUND ₹11.84 Cr 1.55%
FSSA INDIAN SUBCONTINENT FUND AS SUB FUND OF FIRST SENTIER INVESTORS GLOBAL UMBRELLA FUND PLC ₹11.32 Cr 1.48%
FRANKLIN TEMPLETON INVESTMENT FUNDS - TEMPLETON EMERGING MARKETS SMALLER COMPANIES FUND ₹10.43 Cr 1.36%
MAX LIFE INSURANCE COMPANY LIMITED A/C - ULIF01311/02/08LIFEHIGHGR104 - HIGH GROWTH FUND ₹10.00 Cr 1.31%
TEMPLETON GLOBAL INVESTMENT TRUST - TEMPLETON EMERGING MARKETS SMALL CAP FUND ₹9.57 Cr 1.25%
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS RETIREMENT SAVINGS FUND - AGGRESSIVE PLAN ₹8.00 Cr 1.05%
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS SPECIAL SITUATIONS FUND ₹8.00 Cr 1.05%
AXIS MUTUAL FUND TRUSTEE LTD. A/C AXIS MUTUAL FUND A/C AXIS BALANCED ADVANTAGE FUND ₹8.00 Cr 1.05%
FUNDPARTNER SOLUTIONS (SUISSE) SA - MIGROS-PENSIONSKASSE FONDS - AKTIEN WELT ₹7.93 Cr 1.04%
WHITEOAK CAPITAL MID CAP FUND ₹6.15 Cr 0.80%
BAJAJ ALLIANZ LIFE INSURANCE COMPANY LTD. ₹6.00 Cr 0.78%
BHARTI AXA LIFE INSURANCE COMPANY LTD ₹6.00 Cr 0.78%
HORNBILL ORCHID INDIA FUND ₹6.00 Cr 0.78%
ASHOKA INDIA EQUITY INVESTMENT TRUST PLC ₹5.03 Cr 0.66%
KOTAK OPTIMUS AGGRESSIVE SCHEME ₹5.00 Cr 0.65%
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS EQUITY SAVER FUND ₹4.00 Cr 0.52%
WHITEOAK CAPITAL MULTI CAP FUND ₹3.13 Cr 0.41%
MAX LIFE INSURANCE COMPANY LIMITED A/C - ULIF01425/03/08LIFEDYNOPP104 - DYNAMIC OPPORTUNITIES FUND ₹3.00 Cr 0.39%
MAX LIFE INSURANCE COMPANY LIMITED A/C - ULIF00325/06/04LIFECONSER104 - CONSERVATIVE FUND ₹1.50 Cr 0.20%
MAX LIFE INSURANCE COMPANY LIMITED A/C - ULIF00525/11/05PENSGROWTH104 - PENSION GROWTH FUND ₹1.50 Cr 0.20%
WHITEOAK CAPITAL LARGE CAP FUND ₹0.85 Cr 0.11%
WHITEOAK CAPITAL TAX SAVER FUND ₹0.60 Cr 0.08%
TOTAL ₹765.18 Cr 99.97%
View allotment letter PDF →

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Honasa Consumer IPO?

As of IPO close date (02 Nov, 2023), the Honasa Consumer IPO is subscribed 7.61x times. Retail category is 1.35x, and NII is 4.02x subscribed.

When is the allotment date for Honasa Consumer IPO?

The allotment for Honasa Consumer IPO is expected to be finalized on 06 November, 2023.

What is the GMP of Honasa Consumer?

The Grey Market Premium (GMP) for Honasa Consumer is currently ₹30, indicating a potential listing gain of 9%.

When will Honasa Consumer IPO list on the stock market?

Honasa Consumer is scheduled to list on BSE and NSE on 07 November, 2023.

What are the chances of getting allotment in Honasa Consumer IPO?

The retail category is oversubscribed at 1.35x, meaning allotment is by lottery. Statistically, approximately 1 in 2 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 11.5x mean for Honasa Consumer IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 11.5x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Honasa Consumer IPO allotment status?

After the allotment date (06 Nov, 2023), you can check your Honasa Consumer IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
7.61x
QIB
11.5x
NII
4.02x
bHNI
4.85x
sHNI
2.36x
Retail
1.35x
Full IPO details
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