Hexagon Nutrition Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹42 - ₹45
- Lot size
- 333 shares
- Issue amount
- ₹138.87 cr
- Total subscription
- 53.68×
- Opens
- 5 Jun 2026
- Closes
- 9 Jun 2026
- Allotment
- 10 Jun 2026
- Listing
- 12 Jun 2026
Offer at a glance
Issue overview
- Issue size
- 3,08,59,704 shares
- Face value
- ₹1 Per Share
- Minimum investment
- ₹13,986
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹138.87 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,985
- Issue type
- Bookbuilding IPO
- Shares before issue
- 12,29,18,109
- Shares after issue
- 12,29,18,109
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 333 | ₹14,985 |
| sHNI | 14 | 4,662 | ₹2,09,790 |
| bHNI | 67 | 22,311 | ₹10,03,995 |
Share reservation
Subscription & GMP
Subscription by category
Reported 9 Jun 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 32,435 | 7,07,578 |
| HNIs(10L +) | 662 | 24,771 |
| HNIs (2-10L) | 331 | 37,291 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 27.77 | 549.16 |
| FIIs | 0 | 24.42 |
| FIs | 0 | 143.54 |
| Mutual Funds | 0 | 51.07 |
| Others | 0 | 330.13 |
| RETAIL | 48.6 | 1,305.16 |
| HNIs 2+ | 6.94 | 820.4 |
| HNIs 10+ | 13.89 | 2,543.54 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| EPS | 2.44 | 1.75 | 1.1 | 0.51 |
| ROE | 13.02 | 10.47 | 7.21 | 3.5 |
| ROCE | 14.82 | 25.71 | 20.19 | 12.95 |
| RONW | 0 | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 0 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Hexagon Nutrition Limited | 0 | 0 | 1.00 | 15.91 | 12.46 | 1.75 |
| Zydus Wellness Limited | 46.22 | 0 | 2.00 | 178.26 | 6.12 | 10.90 |
| Nestlé India Limited | 88.86 | 0 | 1.00 | 21.35 | 77.91 | 16.63 |
Company information
Company profile
Hexagon Nutrition Ltd., established in 1993, is a research-based nutrition company that develops and manufactures a wide range of products including micronutrient premixes, wellness and clinical nutrition products, therapeutic formulations, and ready-to-use foods. The company operates three manufacturing units in India at Nasik, Chennai, and Thoothukudi, along with an international facility in Tashkent, Uzbekistan, with two Indian units located in SEZ areas for better logistics and cost benefits. Its products are divided into three main segments: consumer nutrition products, premix solutions for businesses, and ready-to-use nutrition products under ESG initiatives. The company has a strong distribution network across India through pharmacies, hospitals, e-commerce platforms, and its own brands, supported by over 342 distributors. It also has international offices in South Africa, Uzbekistan, and Hong Kong, exporting products to more than 75 countries. With dedicated R&D facilities and a team of professionals, the company focuses on innovation, and as of July 2025, it has a workforce of 482 employees.
Strengths
- Strong Global Presence: Exports to 75+ countries with international offices, ensuring diversified revenue streams.
- Research-Driven Product Portfolio: Focus on R&D enables innovative nutrition and therapeutic products.
- Wide Distribution Network: Strong reach through pharmacies, hospitals, e-commerce, and 300+ distributors.
Risk factors
- Regulatory Compliance Risk: Nutrition and healthcare products are subject to strict regulations across markets.
- High Competition in Nutrition Industry: Faces competition from global and domestic healthcare and FMCG players.
- Dependence on Raw Materials: Fluctuations in input costs can impact margins and profitability.
Promoters
Arun Purushottam Kelkar
Subhash Purushottam Kelkar
Vikram Arun Kelkar
Nikhil Arun Kelkar
Registrar & documents
Lead manager
Cumulative Capital Private Limited, Catalyst Capital Partners Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
404 Global Chamber Adarsh Nagar Link Road Andheri (W) Mumbai, Maharashtra, 400053
+91 22 6213 6710
[email protected]Company website ↗Understanding HEXAGON IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.