Hexagon Nutrition IPO
GMP, Subscription, Price, Dates & Financial Details
Pharmaceutical & Drugs
Founded in 1993, Hexagon Nutrition Limited is a research-led nutrition company engaged in the development and manufacturing of micronutrient premixes, clinical and wellness nutrition products, therapeutic formulations, and ready-to-use nutritional solutions. Over the years, the company has evolved…
Open Date
Fri, 05 Jun 2026
Close Date
Tue, 09 Jun 2026
Price Band
₹ 42 – 45
Lot Size
333
Issue Size
₹ 139.00 Cr
Minimum Investment
₹ 14,985 (333 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Hexagon Nutrition IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹139.00 Crore and an offer for sale (OFS) of 3.09 Crore equity shares aggregating to ₹139.00 Crore by the existing shareholders.
The Hexagon Nutrition IPO remained open for subscription from June 05, 2026, to June 09, 2026. The basis of allotment was finalized on June 10, 2026, and the company's shares were listed on the NSE and BSE on June 12, 2026.
The company had fixed the price band at ₹42 to ₹45 per share, with a lot size of 333 shares. Retail investors were required to make a minimum investment of ₹14,985 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. Cumulative Capital Private Limited, and Catalyst Capital Partners Pvt.Ltd. acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Hexagon Nutrition Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Hexagon Nutrition IPO Timeline (Tentative)
- IPO Open Date
- Fri, 05 Jun 26
- IPO Close Date
- Tue, 09 Jun 26
- Basis of Allotment
- Wed, 10 Jun 26
- Initiation of Refunds
- Thu, 11 Jun 26
- Credit of Shares to Demat
- Thu, 11 Jun 26
- Listing Date
- Fri, 12 Jun 26 — NSE & BSE
Open Date
05 June 2026
Close Date
09 June 2026
Basis Of Allotment
10 June 2026
Listing Date
12 June 2026
IPO Subscription
Check Live Subscription →The Hexagon Nutrition IPO has received bids for 1,15,96,13,559 shares against 2,16,02,008 shares offered, resulting in an overall subscription of 53.68x. the NII category is subscribed 161.49x, Retail Investors 26.85x, and QIBs 19.77x. Within the NII category, BNII is subscribed 183.16x, while SNII is subscribed 118.15x.
QIB
19.77x
NII
161.49x
BNII
183.16x
SNII
118.15x
RII
26.85x
Total
53.68x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 1,08,00,897 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 61,72,155 shares (28.57%), while Non-Institutional Investors (NIIs) receive 46,28,956 shares (21.43%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 6,172,155 | 28.57% |
| Non-Institutional | 4,628,956 | 21.43% |
| BNII | 3,085,971 | 14.29% |
| SNII | 1,542,985 | 7.14% |
| Retail Investors | 10,800,897 | 50% |
| Total | 21,602,008 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 327.6 | 261.36 | 250.54 | 288.9 |
| Revenue | 275.57 | 331.29 | 304.62 | 281.65 |
| Profit After Tax | 27.03 | 24.38 | 12.21 | 5.82 |
| Net Worth | 223.05 | 195.6 | 176.29 | 163.84 |
| Reserve & Surplus | 210.92 | 183.89 | 164.51 | 152.3 |
| Total Borrowings | 39.79 | 26.6 | 36.89 | 51.87 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Hexagon Nutrition Limited KPI Information
| Particular | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| ROE % | 13.02 | 10.47 | 7.21 | 3.5 |
| ROCE % | 14.82 | 17.06 | 11.12 | 5.94 |
| Debt / Equity | 0.18 | 0.14 | 0.21 | 0.32 |
| RoNW % | 12.12 | 12.46 | 6.93 | 3.55 |
| Pat Margin % | 9.81 | 7.36 | 4.01 | 2.07 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Hexagon Nutrition Ltd | 1 | 0.00 | 1.75 | 1.75 | 12.46 | 15.91 |
| Zydus Wellness Ltd | 2 | 46.22 | 10.90 | 10.90 | 6.12 | 178.26 |
| Nestlé India Ltd | 1 | 88.86 | 16.63 | 16.63 | 77.91 | 21.35 |
About Hexagon Nutrition Limited
Founded in 1993, Hexagon Nutrition Limited is a research-led nutrition company engaged in the development and manufacturing of micronutrient premixes, clinical and wellness nutrition products, therapeutic formulations, and ready-to-use nutritional solutions. Over the years, the company has evolved into an integrated nutrition platform with capabilities spanning product research, formulation development, manufacturing, quality assurance, and global distribution.
The company operates four manufacturing facilities, including three units in India located at Nashik, Chennai, and Thoothukudi, along with an international facility in Tashkent, Uzbekistan. The Chennai and Thoothukudi plants are situated in Special Economic Zones (SEZs), offering logistical efficiencies, proximity to ports, and duty-free import benefits for export-oriented operations.
Hexagon Nutrition’s business is broadly divided into three key segments. Its B2C segment includes branded wellness and clinical nutrition products marketed under brands such as PENTASURE, OBESIGO, PEDIAGOLD, and NUTRONE. The B2B2C segment focuses on customized vitamin and mineral premixes supplied to leading FMCG and food companies for food fortification initiatives. The ESG-focused segment includes Ready-to-Use Foods (RUFs) and Micronutrient Powders (MNPs), which are supplied for global nutrition and malnutrition programs supported by international health organizations and UN-led initiatives.
The company has established a strong omnichannel distribution network across India, covering retail pharmacies, hospital networks, online marketplaces, e-commerce platforms, and its own branded websites. It works with more than 342 distributors nationwide, including several with multi-state operations, strengthening its domestic market reach.
Internationally, Hexagon Nutrition has built a growing presence through offices in South Africa, Uzbekistan, and Hong Kong. Between FY2023 and FY2025, the company exported products to over 75 countries across Asia, Africa, Europe, the Middle East, and Latin America, with exports contributing more than 61% of total revenue in FY25.
In FY25, the company reported revenue of INR 324.9 crore, compared to INR 278.5 crore in FY23. Premix formulations contributed 47.6% of total revenue, while branded nutrition and therapeutic nutrition accounted for 28.3% and 24.0%, respectively.
Hexagon Nutrition also maintains dedicated in-house R&D facilities at Nashik and Chennai, supported by a team of qualified professionals focused on product innovation, quality enhancement, and regulatory compliance. Its manufacturing operations are backed by certifications including FSSC 22000, GMP, ISO 9001:2015, and Halal certifications, reflecting its focus on global quality standards. As of July 31, 2025, the company employed 482 people across its operations.
Hexagon Nutrition IPO Promoters
- Arun Purushottam Kelkar
- Subhash Purushottam Kelkar
- Vikram Arun Kelkar
- Nikhil Arun Kelkar
Promoters Holding
Holding Pre Issue
77.86%
Holding Post Issue
0.00%
Hexagon Nutrition IPO Objective
Hexagon Nutrition Limited Address / Contact Details
Hexagon Nutrition Limited
404 Global Chamber
Adarsh Nagar Link Road
Andheri (W) Mumbai,
Maharashtra, 400053
Phone: +91 22 6213 6710
Email: cs.hnpl@hexagonnutrition.com
Website: https://hexagonnutrition.com/
IPO Snapshot
Hexagon Nutrition IPO Lot Size
The Hexagon Nutrition IPO has a lot size of 333 shares. Retail investors require a minimum investment of ₹14,985 by applying for 1 lot (333 shares). The maximum application allowed for the retail category is 13 lots (4,329 shares), requiring an investment of ₹1,94,805.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 333 | 14,985.00 |
| Retail (Max) | 13 | 4,329 | 194,805.00 |
| S-HNI (Min) | 14 | 4,662 | 209,790.00 |
| S-HNI (Max) | 66 | 21,978 | 989,010.00 |
| B-HNI (Min) | 67 | 22,311 | 1,003,995.00 |
Issue Reservation
- QIB — 28.57%
- NII — 21.43%
- RII — 50%
Book Running Lead Managers
- Cumulative Capital Private Limited
- Catalyst Capital Partners Pvt.Ltd.
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Hexagon Nutrition IPO?
Hexagon Nutrition IPO is a Book-building IPO with a total issue size of ₹139 crore. The Hexagon Nutrition IPO price band is ₹42 to 45 per share. The Hexagon Nutrition IPO subscription opens on Fri, Jun 5, 2026, and closes on Tue, Jun 9, 2026. The Hexagon Nutrition IPO will be listed on the BSE,NSE. KFin Technologies Limited is the registrar for the Hexagon Nutrition IPO.
When will the Hexagon Nutrition IPO open for subscription?
The Hexagon Nutrition IPO opens on Fri, Jun 5, 2026 and closes on Tue, Jun 9, 2026
What is Hexagon Nutrition IPO Price Band?
Hexagon Nutrition IPO Price Band is ₹42 to 45 per share.
What is Hexagon Nutrition IPO Lot Size?
Hexagon Nutrition IPO lot size is 333 shares, Retail investors need a minimum investment of ₹14985 based on the upper price band
What is the minimum investment for Hexagon Nutrition IPO?
The minimum investment for Hexagon Nutrition IPO is ₹14985, based on one lot of 333 shares at the upper price band of ₹45 per share.
How to apply for Hexagon Nutrition IPO?
Investors can apply for the Hexagon Nutrition IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Jun 9, 2026. The application amount remains blocked until the Hexagon Nutrition IPO allotment is finalized.
What is Hexagon Nutrition IPO Issue Size?
Hexagon Nutrition IPO issue size is ₹139 crores.
What is the Hexagon Nutrition IPO Allotment Date?
Hexagon Nutrition IPO allotment date is Wed, Jun 10, 2026.
Who is the Hexagon Nutrition IPO Registrar?
The registrar for Hexagon Nutrition IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Hexagon Nutrition IPO allotment status, refund processing, and other IPO-related information.
What is the Hexagon Nutrition IPO GMP?
The Hexagon Nutrition IPO GMP (Grey Market Premium) is ₹2 as of Fri, Jun 12, 2026. Based on the upper price band of ₹45 per share, the estimated Hexagon Nutrition IPO listing price is ₹47, indicating a potential listing gain of approximately 4.44% over the issue price.
Who is the Hexagon Nutrition IPO Lead Manager?
The book-running lead managers (BRLMs) for the Hexagon Nutrition IPO are Cumulative Capital Private Limited, and Catalyst Capital Partners Pvt.Ltd.. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Hexagon Nutrition IPO Red Herring Prospectus (RHP).