Published: 20 May 2026 | 6.02 AM
Last Updated: 26 May 2026 | 7.00 PM
IPO Overview / Intro
Hexagon Nutrition IPO is a mainboard book building issue aggregating to Rs. 138.87 crore. The IPO consists entirely of an offer for sale of 3.08 crore equity shares.
The IPO opens for subscription on 05 June 2026 and closes on 09 June 2026. The shares are proposed to be listed on NSE and BSE with a tentative listing date of 12 June 2026.
Hexagon Nutrition Ltd is a research-driven nutrition company engaged in manufacturing micronutrient premixes, branded wellness and clinical nutrition products, therapeutic formulations and ready-to-use foods. The company has a diversified domestic and international presence with exports to more than 75 countries.
Key Highlights
| Particulars | Details |
|---|---|
| IPO Type | Book Building Mainboard IPO |
| Issue Size | Rs. 138.87 Crore |
| Fresh Issue | Nil |
| Offer For Sale | Rs. 138.87 Crore |
| Price Band | Rs. 42 to Rs. 45 Per Share |
| Face Value | Rs. 1 Per Share |
| Listing Exchange | NSE & BSE |
| Lot Size | 333 Shares |
| Retail Application | 333 Shares |
| Market Cap | Rs. 553.13 Crore |
| Listing Date | 12 June 2026 (Tentative) |
👉 | IPO GMP | IPO Reviews | IPO Subscription | IPO Allotment
Hexagon Nutrition IPO GMP – Latest Update
| GMP Details | Value |
|---|---|
| Hexagon Nutrition IPO GMP Today | Updating Soon |
| Kostak Rate | Updating Soon |
| Subject to Sauda | Updating Soon |
Hexagon Nutrition IPO Subscription Status – Live Update
| Category | Subscription |
|---|---|
| QIB Category | Updating Soon |
| Retail Category | Updating Soon |
| NII Category | Updating Soon |
| Total Subscription | Updating Soon |
IPO Details at a Glance
| Particulars | Details |
|---|---|
| IPO Date | 05 June 2026 to 09 June 2026 |
| Listing Date | 12 June 2026 |
| Face Value | Rs. 1 Per Share |
| Price Band | Rs. 42 to Rs. 45 Per Share |
| Lot Size | 333 Shares |
| Issue Type | Book Building IPO |
| Listing At | NSE & BSE |
| Total Issue Size | 3,08,59,704 Shares |
| Fresh Issue | Nil |
| Offer For Sale | 3,08,59,704 Shares |
| Issue Size | Rs. 138.87 Crore |
| Shareholding Pre Issue | 12,29,18,109 Shares |
| Shareholding Post Issue | 12,29,18,109 Shares |
| Market Cap | Rs. 553.13 Crore |
IPO Timetable
| Event | Date |
|---|---|
| IPO Open Date | 05 June 2026 |
| IPO Close Date | 09 June 2026 |
| Basis of Allotment | 10 June 2026 |
| Refund Initiation | 11 June 2026 |
| Credit of Shares | 11 June 2026 |
| Listing Date | 12 June 2026 |
Reservation
| Investor Category | Reservation |
|---|---|
| QIB Shares Offered | Not More Than 50.00% |
| Retail Shares Offered | Not Less Than 35.00% |
| NII Shares Offered | Not Less Than 15.00% |
Lot Size
| Application Type | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 333 | Rs. 14,985 |
| Retail Maximum | 13 | 4,329 | Rs. 1,94,805 |
| S-HNI Minimum | 14 | 4,662 | Rs. 2,09,790 |
| S-HNI Maximum | 66 | 21,978 | Rs. 9,89,010 |
| B-HNI Minimum | 67 | 22,311 | Rs. 10,03,995 |
Company Details
Hexagon Nutrition Ltd was incorporated in 1993 and operates as a research-driven nutrition and wellness company.
The company manufactures micronutrient premixes, branded wellness products, clinical nutrition formulations and ready-to-use foods catering to both B2B and B2C segments.
Its product portfolio includes therapeutic nutrition products, premix formulations, micronutrient powders and ESG-linked ready-to-use food products. The company markets brands such as Pentasure, Obesigo, Pediagold and Nutrone through a PAN-India omnichannel distribution network.
Hexagon Nutrition operates manufacturing facilities in Nasik, Chennai and Thoothukudi along with an international facility in Uzbekistan. The company exports products to more than 75 countries across Asia, Africa, Europe and South America.
Competitive Strengths
| Key Strengths |
|---|
| Strong research-driven nutrition business |
| Diversified branded product portfolio |
| PAN-India omnichannel distribution |
| International export presence |
| Established manufacturing infrastructure |
| Dedicated in-house R&D capabilities |
IPO Objects
| Sr. No. | Objects of the Issue |
|---|---|
| 1 | Offer for Sale by Existing Shareholders |
| 2 | Achieve Benefits of Listing on Stock Exchanges |
| 3 | Enhance Brand Visibility and Liquidity |
Company Address
| Particulars | Details |
|---|---|
| Registered Office | 404 Global Chamber, Adarsh Nagar Link Road, Andheri (W), Mumbai – 400053 |
| Phone | +91 22 6213 6710 |
| cs.hnpl@hexagonnutrition.com |
Lead Manager & Registrar
| Particulars | Details |
|---|---|
| Lead Manager | Cumulative Capital Pvt. Ltd. |
| Co-Lead Manager | Catalyst Capital Partners Pvt. Ltd. |
| Registrar | Kfin Technologies Ltd. |
Financials
| Particulars (Rs. Crore) | 9M FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Total Assets | 327.60 | 261.36 | 250.54 | 288.90 |
| Total Income | 275.57 | 331.29 | 304.62 | 281.65 |
| Profit After Tax | 27.03 | 24.38 | 12.21 | 5.82 |
| EBITDA | 37.55 | 40.07 | 24.88 | 17.17 |
| Net Worth | 223.05 | 195.60 | 176.29 | 163.84 |
| Reserves & Surplus | 210.92 | 183.89 | 164.51 | 152.30 |
| Total Borrowings | 39.79 | 26.60 | 36.89 | 51.87 |
Valuation
Key Performance Indicators (KPI)
| KPI | 9M FY2026 | FY2025 |
|---|---|---|
| ROE | 13.02% | 10.47% |
| ROCE | 14.82% | 17.06% |
| Debt/Equity | 0.18 | 0.14 |
| RoNW | 12.12% | 12.46% |
| PAT Margin | 9.81% | 7.36% |
| EBITDA Margin | 14.03% | 12.33% |
| Price to Book Value | 2.48 | 2.83 |
EPS & Valuation
| Particulars | Pre IPO | Post IPO |
|---|---|---|
| EPS (Rs.) | 1.98 | 2.93 |
| P/E (x) | 22.69x | 15.35x |
Shareholding Pattern
| Particulars | Pre Issue | Post Issue |
|---|---|---|
| Promoter Holding | 89.41% | 64.29% |
Chanakya View
Investment Summary
| Parameter | Observation |
|---|---|
| Business Segment | Nutrition & Clinical Wellness |
| Industry Outlook | Strong Long-Term Potential |
| Revenue Growth | Stable |
| Profitability | Improving |
| Export Presence | Strong |
| Brand Portfolio | Diversified |
| Valuation | Reasonable |
| Listing Liquidity | Strong Mainboard Presence |
Positives
| Strengths |
|---|
| Established nutrition and wellness business |
| Strong export presence across 75+ countries |
| Diversified branded nutrition portfolio |
| Healthy improvement in profitability |
| Strong omnichannel distribution network |
| Research-driven business model |
Concerns
| Risks |
|---|
| Entire IPO is OFS with no fresh capital |
| Competitive nutrition industry |
| Dependence on healthcare and wellness demand |
| Margin pressure risk from raw material fluctuations |
| International business exposure risks |
Hexagon Nutrition Ltd operates in the fast-growing nutrition, wellness and clinical healthcare segment where long-term demand visibility remains favourable due to increasing health awareness and preventive healthcare trends.
The company benefits from a diversified branded product portfolio, export presence across multiple geographies and established manufacturing infrastructure supported by in-house R&D capabilities.
Financially, Hexagon Nutrition has demonstrated strong improvement in profitability and operating margins over the last few years while maintaining healthy balance sheet metrics and controlled debt levels.
Although the IPO is entirely an offer for sale and does not bring fresh capital into the business, the valuation appears relatively reasonable compared to growth prospects and sector positioning.
Considering improving financial performance, strong export diversification and growing nutrition sector opportunities, long-term investors may consider the IPO positively from medium to long-term perspective.
FAQs
What is Hexagon Nutrition IPO GMP today?
Hexagon Nutrition IPO GMP today is currently updating in the grey market. Investors should monitor live GMP movement closer to listing for better market sentiment assessment.
What is the Hexagon Nutrition IPO price band?
Hexagon Nutrition IPO price band is fixed at Rs. 42 to Rs. 45 per share.
What is the Hexagon Nutrition IPO lot size?
The minimum lot size for Hexagon Nutrition IPO is 333 shares and the minimum retail investment amount is Rs. 14,985.
When will Hexagon Nutrition IPO list?
Hexagon Nutrition IPO is expected to list on NSE and BSE on 12 June 2026.