IPO details · Updated
Hexagon Nutrition Limited
- Price Band
- ₹42 – ₹45
- Lot Size
- 333 shares
- Min. Investment
- ₹14,985
- Issue Size
- ₹138.87 Cr
- Offer Dates
- 5 Jun – 9 Jun 2026
- Listing
- 12 Jun 2026
Issue Details
- Total Issue Size
- ₹138.87 Cr
- 3,08,59,704 shares
- Fresh Issue
- ₹0 Cr
- Offer for Sale
- ₹138.87 Cr
- 3,08,59,704 shares
- Face Value
- ₹1 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE, NSE
- Shares Pre-Issue
- 12,29,18,109
- Shares Post-Issue
- 12,29,18,109
IPO Timeline
Offer opens
5 Jun 2026
Offer closes
9 Jun 2026
Allotment
10 Jun 2026
Listing
12 Jun 2026
Issue Allocation
Share of the offer reserved for each investor category
- Anchor30.0%92,57,696 shares
- QIB20.0%61,72,155 shares
- HNI15.0%46,28,956 shares
- Retail35.0%1,08,00,897 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| QIB | 61,72,155 | 12,20,36,508 | 19.77x |
| NII | 46,28,956 | 74,75,41,377 | 161.49x |
| Retail | 1,08,00,897 | 29,00,35,674 | 26.85x |
| Total | 2,16,02,008 | 1,15,96,13,559 | 53.68x |
Lot Size & Investment
1 lot = 333 shares
Retail (min)
1 lot · 333 shares
Retail (max)
13 lots · 4,329 shares
S-HNI (min)
14 lots · 4,662 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 333 | ₹14,985 |
| Small HNI (S-HNI) | 14 | 4,662 | ₹2,09,790 |
| Big HNI (B-HNI) | 67 | 22,311 | ₹10,03,995 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Dec-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Assets | 327.6 | 261.36 | 250.54 | 288.9 |
| 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 | 195.6 | 176.29 | 163.84 |
| Reserves & Surplus | 210.92 | 183.89 | 164.51 | 152.3 |
| Total Borrowing | 39.79 | 26.6 | 36.89 | 51.87 |
Key Performance Indicators
| Period | Dec-25 | Mar-25 |
|---|---|---|
| RoNW (%) | 12.12 | 12.46 |
| EPS (₹) | — | 1.98 |
| P/E (pre-issue) | — | 22.69 |
| P/E (post-issue) | — | 15.35 |
Peer Comparison
Listed companies in the same business
| Company | P/E | ROE |
|---|---|---|
| Zydus Wellness Ltd | 46.22 | 6.12% |
| Nestle India Ltd | 88.86 | 77.91% |
About Hexagon Nutrition Limited
Incorporated in 1993, Hexagon Nutrition Ltd. is a research-driven nutrition company. It is engaged in developing and manufacturing products across micronutrient premixes, branded wellness and clinical nutrition, therapeutic formulations, and ready-to-use foods. The company operates three manufacturing facilities in India, located at Nasik (Maharashtra), Chennai (Tamil Nadu), and Thoothukudi (Tamil Nadu), along with an international unit in Tashkent, Uzbekistan. Two Indian facilities are situated in SEZ zones at Chennai and Thoothukudi, providing strategic advantages such as proximity to ports and duty-free imports. Its product portfolio is classified into three segments: Branded wellness and clinical nutrition products (B2C) Premix formulations (B2B2C) Ready-to-Use Foods (RUFs) and Micronutrient Powders (MNPs) under ESG initiatives Hexagon Nutrition has a PAN-India omnichannel distribution network covering retail pharmacies, hospital networks, e-commerce platforms, online pharmacies, and its own branded websites including Pentasure, Obesigo, Pediagold, and Nutrone. For domestic distribution, it works with over 358 distributors across India, including 8 with multi-state presence. The company has established overseas offices in South Africa, Uzbekistan, and Hong Kong to support international operations. Its products have been exported to more than 75 countries across Asia, Africa, Europe, and South America between fiscals 2023 and 2025. Hexagon Nutrition maintains two dedicated in-house R&D facilities at Nasik and Chennai, supported by a team of 12 qualified professionals. As of March 31, 2026, the company employed 527 people.
Promoters
- Arun Purushottam Kelkar
- Subhash Purushottam Kelkar
- Vikram Arun Kelkar
- Nikhil Arun Kelkar
Company Information
- Book running lead managers
- Cumulative Capital Pvt.Ltd.
- Catalyst Capital Partners Pvt.Ltd.
- Registered office
- 404 Global Chamber, Adarsh Nagar Link Road, Andheri (West), Mumbai, Maharashtra, 400053
Official Documents
Opens the source filing in a new tab
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