Honasa Consumer Limited — Others, 12-08-2025: Monitoring Agency Report

Honasa Consumer Limited's latest Monitoring Agency Report confirms that proceeds from its Initial Public Offering are being utilized as intended. As of June 30, 2025, out of net IPO proceeds of ₹350.49 Crore, the company has utilized ₹192.12 Crore for various objectives, including brand awareness, new EBOs, BBlunt salon expansion, and general corporate purposes. The remaining ₹158.37 Crore in unutilized funds are largely deployed in fixed deposits, generating earnings. There are no deviations or delays in the planned implementation of these objectives. This indicates a disciplined approach to capital deployment from the public offering.