The bulk deal is valued at Rs 50 crore, and Alagh bought these shares at a price of Rs 270 apiece—a minor premium of 0.6% over the Friday closing price of Rs 268.45 on the NSE.
Before the deal, Alagh held 31.88% equity in the company, representing 10.37 crore shares as on September 30, 2025.
Meanwhile, Fireside Ventures held a 1.93% stake representing over 62.90 lakh shares in Honasa through Fireside Ventures Investment Fund I, as on September 30, 2025. After the deal, its holding has come down to 1.36% (44.38 lakh shares).
Honasa is a digital-first beauty and personal care (BPC) company that boasts of brands like Mamaearth, The Derma Co., and Aqualogica.
Ghazal Alagh, wife of Varun, is also a promoter in the company with 3.06% equity.
Share price performance
Shares of Honasa Consumer ended today at Rs 276.20 on the NSE, gaining nearly 3% over the Friday closing price.
Listed in November 2023, Honasa shares are down 15% from their IPO issue price of Rs 324. The stock has been quite volatile with a 1-year beta of 1.1, according to Trendlyne.
The company reported a consolidated net profit of Rs 39 crore in the second quarter of FY26. This marked a significant turnaround from a net loss of Rs 18 crore in the same quarter of the previous year. Sequentially, the profit was marginally lower by 5% compared to Rs 41 crore in the April-June quarter.
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The company reported a like-for-like (LFL) revenue from operations of Rs 566 crore in Q2FY26, reflecting a 22.5% year-on-year growth. Operating revenue stood at Rs 538 crore, up 16% year-on-year. The strong topline performance was driven by growth in focus categories and sustained product innovation.
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