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Honasa Consumer Share Price, Valuation, Founders - November 2024

Honasa Consumer, the parent company of brands like Mamaearth, represents a dynamic player in India's D2C (Direct-to-Consumer) market.

By Vijay Yadav
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Honasa Consumer Share Price, Valuation, Founders

Honasa Consumer Limited (HCL) is a house of brands. Name of HCL brands are Mamaearth, The Derma Co., Aqualogica, Dr Sheth’s, Bblunt and Staze Beauty. HCL is set to become a billion-dollar FMCG conglomerate in the next 5 years. HCL brands supported by Sequoia Capital India, Sofina SA, Fireside Ventures, and Stellaris Venture Partners.

Honasa Consumer Limited  Share Price

Honasa shares price tank 18% to hit an all-time low of inr 242.60.  The shares price of Honasa Consumer that is parent company of Mamaearth. Continued their downward spiral on November 19, 2024. The stock plunged over 18%, hitting a 52-week low of ₹242.40. This sharp decline follows a 20% lower circuit on November 18. This triggered by weak Q2 FY25 results and mounting investor concerns. The company's market capitalization has dropped below $1 billion.

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Honasa Consumer Limited Valuation

Honasa Consumer Ltd has a market capitalisation of ₹ 9,608 Cr as on 18-Nov-2024.

Honasa Consumer Limited Founder

Ghazal Alagh and Varun Alagh are the co-founders of Honasa Consumer Pvt. Ltd. The parent company of popular brands like Mamaearth, The Derma Co., and Aqualogica.

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Conclusion - Honasa Consumer

Honasa Consumer Ltd. co-founded by Varun and Ghazal Alagh. They established itself as a major player in India's D2C market with flagship brands like Mamaearth. The company achieved a valuation of $1.07 billion during its IPO, reflecting strong investor confidence. However, its stock performance has faced challenges, with the share price recently hitting a 52-week low of ₹242.40, pushing its market capitalization below the $1 billion mark. As Honasa navigates market volatility and competition, the leadership of its visionary founders and its focus on innovation and product diversification remain critical for sustaining growth and long-term market relevance.

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FAQ

What brands are under Honasa?
Name of HCL brands are Mamaearth, The Derma Co., Aqualogica, Dr Sheth’s, Bblunt and Staze Beauty. 
Who is the owner of honasa?
The company was co-founded by Varun Alagh and Ghazal Alagh in 2016.
How is Honasa Consumer Ltd. addressing sustainability?
Honasa Consumer follows eco-friendly practices like using recyclable packaging, and plant-based ingredients. Campaigns like "Plant Goodness," where a tree is planted for every product sold.
What was Honasa Consumer’s IPO share price?
The IPO was priced in the range of ₹308-324 per share. Post-listing, the stock experienced volatility, hitting a recent 52-week low of ₹242.40.

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