Honasa Consumer Limited IPO Message Board (Page 14)

I am kind of relieved after looing at the Acnhor list. Only 1 ELSS I have from Axis MF.. which I had stopped SIP more than 1.5 years ago..

Now I will be withdrawing from it also.

Folks..chosse better mutual fund and insurance firm.. not the one's who participated here as Anchor. I will continue..Mirae Asset, Kotak and Tata funds that I own.

Safe Investing!

Protect your money and protect your peace.

Excellent Anchor Book as Expected
Very Strong Mutual Funds ,
Big Ticket FII's , Many have returned India after ZOMATO for the 1st Time 🤣

Can expect Healthy QIB and HNI subscription
Here

Is Issue ki toh Naiyya Par lag gayi

Good anchor list and many negative review making me want to apply for this IPO 😜..

Neither i can afford their products nor IPO. I am failed to understand completely their business model. They want to be Gucci, Armani, Prada, apple of FMCG. Right guy's FMCG, that too in India. Are you convinced? Won't apply even a single retail. It's my personal investment instinct.

#Not a good bet.
#Probably would be exposed through mutual funds or pension funds, so no need to to take further exposure.
# Product are not good. (Survery some beauty concious females and you will get the answer.)
# Kids grew healthy in old days without these products. (Not an essential item in one's life.)
# No own production plant
# Target consumers are exaggerated.
# Product price are high. (Caters mainly to mid to low segment)
# Intense competition in low and premium segment. Good premium products (especially imported) are available on Ecom sites (Amazon, Flipkart, Nykaa, purplle etc) with lab certifications.# One may also import from foreign or ask relatives to bring, if so health conscious.
# With M&A and exponential assets growth, it is at the peak of capital cycle with minimal PAT.
#Financials:- Good discussion by other members and experts.(I may be wrong, however not going to apply in this).
(Not an investment advice for others. Take decision as per own risk appetite and also own it).

Came to know That Promoters have met around 80-85 Fund Houses including DII'S FII'S And Individual Fund Managers

Can expect Blockbuster Anchor Book

​@Bhopal Investor bribery money do not reflect in issue expenses

APPKE HAATH BAHOT LAMBE HAI.
CARRY ON THANKS FOR SHARING HERE

Today , Almost all Chinese Tech companies and Multi Billion Dollar Startups except Tencent have fallen miserably
Even many Such companies have witnessed a fall in US too , also the same Trent in LSE , AND FTSE
Don't know what has happened

Apart from Valuations , business Model and Losses , This Global Scenario will definitely act as a negative point going forward
I mean some Quality FII's who were interested here would not be comfortable investing here

I still expect around 60 named in its anchor
And Still Believe that Anchor Book could be Mouth-Watering

Still Will Try to Stick with Cello and ESAF if no interest is found in Mamaearth

Hello @newgen consultancy sir, if you are tracking any shares from LSE/FTSE100 please provide your input. I have just started investing in UK and it is definitely not like India market. Making big loss at the moment.

If I am able to short sell Honasa Consumer for a holding period of one year then I may earn a lot .😂

Totally useless
Never subscribe this type ipo

I think for their lucrative exit promotors will crook all ways to find fund managers to oversubscribe this issue.
They will try to create positive atmosphere around issue to trap investors..
In long run it will remain
non sustainaible non profitable bussiness

Qib nd anchors (anchors more nd qib less) will use our hard earned money (via mutualfund) to full subscribe this ipo..

they did it in paytm nd all other "vahiyat"(useless) ipo's

my humble nd polite request to all small nd innocent retail investors to choose ur mutualfund(fund house) wisely nd smartly

🔴🔴one question to all ipo applicants
who will apply here?
in indian market around 4-5k scripts

so many good profitable scripts also

then why u applying in this loss making company?

note-this is my personal opinion, i might be wrong but i m not able to see enough positives to apply this ipo.this is not apply or avoid suggestion..take ur decision after ur research ..

jaldi jaldi "solid anchor book "esa
bol deta hoon..

cool lagunga😊😊😊😃😃

Either the fund managers know way better than us individual investors or they're really bad at their job...only extreme outcomes will be realized. Either ways...let's see how this performs on listing and during the first 3 months and 6 months!

CLEAR AVOID FOR ME!

Keep minting!

182 cr. For BRAND VISIBILITY/Marketing Expenses, Ab bs ALIENS ko MamuOnEarth ka advertisement dikhana rhe gya hai.
Consumer ka HO(satya)NASA.

These promoters split shares, issue bonus shares among themselves hence increasing shares outstanding and then to throw it to public at hefty premium.

I share your concern around this IPO and its valuation and think that it just doesn't deserve this pricing but also I must clarify that the FV is INR 10 and so shares haven't been split yet, the way we are normally used to them being split and evaluated.

Keep minting!

This IPO looks like cheating investors through Share Market. Financial as all know that the figures are one of its kind. Loss making always matters, but borrowings as good as nothing. One of the main aspects of the issue is to advertise and make people aware of the products. Pricing is a matter of concern. Maximum IPO is OFS. Only 365 crs. is fresh issue out of 1700 crs. Issue. They have already sold the equity and kept negligible equity with themselves. They were already in need of funds which show the present holding with them.
Now pre Issue holding is 37% which comes down to 35% or so. Still very happy.
I was very fond of watching Shark Tank a TV Show. The presence of Mrs. Alagh very not impressive. Even her body language was not showing a good sign of business. I was not impressed by her presence with other sharks in the show. I may be wrong. Might be her heath conditions. I don't know whether Shilpa Shetty advertising the products may yield a good result.
To conclude, not an IPO for investment specially for listing gains. Medium to long-term prospects difficult to predict.
Better to AVOID and only AVOID.
For me as a small investor, AVOID for me.
Many better choices are available. Study and choose some good ones for investment.
Hope for a positive week from tomorrow.

After seeing the financials and other stats, this does not look impressive to me. Because:
- Their profit is negative
- PE of 105x which is too high
- Promotor holding of < 38% (a bit risky in long run if promotors lose control over organization)

There are a few positives but still, I am not very comfortable with the valuation:
- Positive net worth
- Negligible borrowing
- Growing revenue

Will make my final decision after seeing the subscription figures on the final day and the anchor list (if any).

This is first message on page of HONASA and NA from my end. I will not even look towards final subscription figures.
I like online shopping for myself and family but till now never visited their page. This is situation of many. So can say that no one bother whether this company operates or not.lot of other opportunities can bid there.
In cello I will apply as ofs not hoping much listing gain but it will good bid to hold due to their range of products utilised by all

Bekar company with bad financial,stay away and save your capital....

Valuation high

Seems like Dilip Davda sir has collaborated with the company.

Any same person should give this a clear AVOID rating. What proven record??

Making loss and burning VC money.
What products.. no manufacturing.. ? Has anyone tried their products?

I got couple of products free as sample from hospital when my daughter was born.. never used those..shitty products.
Promoter selling😕.. lot of investors exiting..

However the problem is mutual funds will still buy it.. it's not their money.. free public money will be utilized... And lot of fund manager will do front running as well.
100+ PE.. mazak ho Raha hai.

This may still list with some premium..and no body knows what happen after listing.. fomo create Kiya jayega..

But logical sane mind says ..don't touch this even with a 10 feet pole.

Thought of sharing my views if it helps anyone. .. not looking for debate.

No GMP..no subscription can convince me to put my money in this IPO.
Capital protection > capital appreciation.
Protect your profits as well.

Jo Ghar aaya wo apna, baki sab sapna.

risk taker can apply for long term, what does this means?

​@eVA That means, the pricey valuation, non sustainable sales, heavy competitive sector, inconsistent PAT. All these combined make it a risky bet and only long term holding might ensure some benefits

​@Admin @ Chittorgarh.com 
Sir , You have taken Q1 23 figures instead of Q1 24

Financials Q124 :
Revenue - 477.1 cr
PAT - 24.7 cr

correct, apt.

Completely agree - concept of PE as computed and detailed on this blog for companies which are raising fresh capital, is misconstrued and misrepresented. I too have tried to highlight this earlier.

Keep minting!