Archive · 29 Dec 2025
Varun Alagh increases stake in Honasa Consumer
Varun Alagh, who helps run Honasa Consumer Ltd, which owns brands like Mamaearth, bought more shares in the company.
He spent ₹50 crore to buy 18.52 lakh shares at ₹270 each.
After this purchase, he now owns 32.45% of the company.
The company's shares went up by 2.89% on the day of the transaction, but they are still lower than the price when the company first sold shares to the public.
The company also made a profit of ₹39.2 crore in the last quarter, which is a big improvement from the same time last year.
Varun Alagh acquired 18.52 lakh equity shares in Honasa Consumer Ltd for ₹50 crore.
The shares were purchased at ₹270 each, increasing his stake to 32.45% of the company.
The promoter group's total shareholding now stands at 35.54% of the company's total share capital.
Honasa Consumer reported a net profit of ₹39.2 crore in Q2, up from a net loss of ₹18.5 crore in the same quarter last year.
The company's shares closed at ₹276.20 on December 29, 2025, up 2.89% from the previous trading day but still below the IPO price of ₹324.
- Who
- Varun Alagh, promoter of Honasa Consumer Ltd
- What
- Acquired 18.52 lakh equity shares in Honasa Consumer
- When
- December 29, 2025
- Where
- India
- Why
- To increase his equity stake in the company
- Company
- Honasa Consumer Ltd
- Promoter
- Varun Alagh
- Shares Acquired
- 18.52 lakh equity shares
- Transaction Value
- ₹50 crore
- Price per Share
- ₹270
- Total Shareholding Post-Transaction
- 10.56 crore equity shares (32.45%)
- Promoter Group Shareholding
- 11.56 crore equity shares (35.54%)
- Q2 Net Profit
- ₹39.2 crore
- Q2 Revenue
- ₹538 crore
- Stock Price (Dec 29, 2025)
- ₹276.20
- IPO Price
- ₹324
