
The ₹138.87 crore Hexagon Nutrition IPO opened for subscription on June 5, 2026, with a price band of ₹42-₹45 per share. As of 11:10 AM on the first day of bidding, the issue was subscribed 0.21 times, while the grey market premium (GMP) was reported at around ₹10 per share.
Investors can participate in the offer until June 9, 2026. Following the close of the issue, the finalisation of the allotment basis is anticipated for June 10, 2026. The company is expected to make its debut on the BSE and NSE on June 12, 2026.
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The expected IPO schedule is as follows:
|
Event |
Tentative Date |
|
IPO Opens |
June 5, 2026 |
|
IPO Closes |
June 9, 2026 |
|
Basis of Allotment |
June 10, 2026* |
|
Initiation of Refund |
June 11, 2026 |
|
Credit of Shares to Demat Account |
June 11, 2026 |
|
Listing on BSE and NSE |
June 12, 2026* |
*Note - The allotment and listing dates are tentative and may be revised.
[June 5, 2026, 11:10 AM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
0.00x |
|
Non-Institutional Investors (NIIs) |
0.16x |
|
Retail Individual Investors (RIIs) |
0.35x |
|
Total |
0.21x |
According to media reports, the Grey Market Premium (GMP) for the Hexagon Nutrition IPO stood at around ₹10 per share on June 5, 2026.
Founded in 1993, Hexagon Nutrition Ltd. is a research-driven nutrition company engaged in the development and manufacture of micronutrient premixes, therapeutic formulations, ready-to-use foods, and wellness products.
The company's product portfolio is categorised into three main segments. These include clinical nutrition and branded wellness products (B2C), premix formulation solutions (B2B2C), ready-to-use foods (RUFs), and micronutrient powders (MNPs).
Hexagon Nutrition has established a worldwide footprint, supported by an international production facility in Tashkent, Uzbekistan, and three domestic units in India: Nasik, Chennai, and Thoothukudi.
Hexagon Nutrition recorded revenue of ₹324.9 crore and a net profit of ₹24.3 crore in FY25, a significant increase from the ₹297.7 crore and ₹12.2 crore reported in FY24. For the nine-month period ended December 31, 2025, the company achieved operational revenue of ₹267.5 crore and a profit after tax of ₹27.03 crore.
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