Honasa Client Block Deal: Promoter Varun Alagh ups stake in Mamaearth father or mother as inventory trades 15% beneath IPO worth
The majority deal is valued at Rs 50 crore, and Alagh purchased these shares at a worth of Rs 270 apiece—a minor premium of 0.6% over the Friday closing worth of Rs 268.45 on the NSE.
Earlier than the deal, Alagh held 31.88% fairness within the firm, representing 10.37 crore shares as on September 30, 2025.
In the meantime, Hearth Ventures held a 1.93% stake representing over 62.90 lakh shares in Honasa by way of Hearth Ventures Funding Fund I, as on September 30, 2025. After the deal, its holding has come all the way down to 1.36% (44.38 lakh shares).
Honasa is a digital-first magnificence and private care (BPC) firm that boasts of manufacturers like Mamaearth, The Derma Co., and Aqualogica.
Ghazal Alagh, spouse of Varun, can also be a promoter within the firm with 3.06% fairness.
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Share worth efficiency
Shares of Honasa Client ended right this moment at Rs 276.20 on the NSE, gaining almost 3% over the Friday closing worth.
Listed in November 2023, Honasa shares are down 15% from their IPO problem worth of Rs 324. The inventory has been fairly unstable with a 1-year beta of 1.1, in response to Trendlyne.
The corporate reported a consolidated internet revenue of Rs 39 crore within the second quarter of FY26. This marked a big turnaround from a internet lack of Rs 18 crore in the identical quarter of the earlier 12 months. Sequentially, the revenue was marginally decrease by 5% in comparison with Rs 41 crore within the April-June quarter.
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The corporate reported a like-for-like (LFL) income from operations of Rs 566 crore in Q2FY26, reflecting a 22.5% year-on-year development. Working income stood at Rs 538 crore, up 16% year-on-year. The sturdy topline efficiency was pushed by development in focus classes and sustained product innovation.
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