H. R. Hygiene Products IPO GMP today is Rs 2. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
SME IPO
HRHYGIENE
H. R. Hygiene Products IPO GMP & Allotment
H. R. Hygiene Products Limited manufactures and sells personal hygiene products, specialising primarily in sanitary napkins alongside adult and baby diapers. It operates through dual channels—distributors and online e-commerce platforms like Amazon, Flipkart, and Meesho—as well as partnerships with consignment selling agents for product distribution. The company generates revenue from operations primarily through the sale of finished consumer hygiene products, with sanitary napkins accounting for the vast majority of its revenue. It operates an automated manufacturing facility in Rajkot, Gujarat, where it produces sanitary pads under brands such as Femiss and Womanica. It also engages third-party contract manufacturers for certain product lines, including baby diapers under its “Bloom Baby” brand. In addition, the company exports products and is expanding its manufacturing capacity by setting up a second facility in Rajkot to bring diaper production in-house.
- IPO Price Band
- ₹83.00 - ₹88.00
- Lot Size
- 1,600 Shares
- Bidding Closes
- 31 Jul 2026
- Listing Date
- 05 Aug 2026
Quick Answer & Highlights
H. R. Hygiene Products IPO GMP Today & Key Takeaways
Last updated: 31 Jul 2026
H. R. Hygiene Products IPO officially listed on 05 Aug 2026 at Rs 88.00, delivering a +0.00% listing gain compared to its issue price of Rs 88.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹2.
H. R. Hygiene Products IPO officially listed on 05 Aug 2026 at ₹88.00, delivering a +0.00% listing gain compared to its issue price of ₹88.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹2.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹2 | +2.27% vs upper band (31 Jul 2026) |
| Est. Listing Price | ₹88.00 | +0.00% Est. Listing Gain |
| Price Band | ₹83.00 - ₹88.00 | SME IPO |
| Retail Minimum Investment | ₹2,81,600 | 2 Lot (1,600 Shares) |
| Bidding Window | 29 Jul 2026 – 31 Jul 2026 | Listed |
| Allotment & Listing Dates | Allotment: 03 Aug 2026 | Listing: 05 Aug 2026 |
Current GMP Status
₹2
+2.27% vs upper band
Est. Listing Gain
+0.00%
Last Trend
31 Jul 2026
Listing Price
₹88.00
Retail Entry
₹2,81,600
IPO Details
Complete IPO information
| IPO Open Date | 29 Jul 2026 |
|---|---|
| IPO Close Date | 31 Jul 2026 |
| IPO Price Band | ₹83.00 - ₹88.00 |
| Lot Size | 1,600 Shares |
| Current GMP | ₹2 |
| Estimated Listing Gain | +0.00% |
| Issue Size | Approx ₹53.95 Cr |
| Fresh Issue | - |
| Issue Type | SME |
| IPO Listing | NSE, BSE |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | 6.26x |
| Minimum Investment | ₹2,81,600 |
| DRHP Draft Prospectus | - |
| RHP Draft Prospectus | - |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, H. R. Hygiene Products is priced at ₹88 per share. With a minimum lot size of 1,600 shares, a retail investor applying for one lot would need approximately ₹2,81,600 to participate in this SME issue.
The latest recorded Grey Market Premium for H. R. Hygiene Products stands at ₹2, implying an estimated listing gain of around 2.27% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, H. R. Hygiene Products's IPO was subscribed 6.26x overall, with a category-wise breakdown of Retail 6.74x, QIB 2.81x.
Among the strengths highlighted in H. R. Hygiene Products's IPO documents: State-of-the-art production facility spread across 32,780.88 square feet equipped with fully automated systems from raw material handling to finished product packaging.; Distribution of personal health and hygiene products through a dual-channel strategy combining offline distributors and online platforms..
Investors should also weigh the risk factors H. R. Hygiene Products has disclosed, including: Revenue from operations is highly concentrated in a single product category of sanitary napkins..
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
29 Jul 2026
✓
Bidding Closes
31 Jul 2026
✓
Allotment
03 Aug 2026
✓
Listing
05 Aug 2026
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 29 Jul 2026 | Completed |
| Bidding Closes | 31 Jul 2026 | Completed |
| Allotment | 03 Aug 2026 | Completed |
| Listing | 05 Aug 2026 | Completed |
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 31 Jul 2026 | ₹2.00 | - | 2.27% |
| 30 Jul 2026 | ₹2.00 | - | 2.27% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 3,200 | ₹2,81,600 |
| Retail Maximum | 2 Lot | 3,200 | ₹2,81,600 |
| S-HNI Minimum | 3 Lot | 4,800 | ₹4,22,400 |
| S-HNI Maximum | 7 Lot | 11,200 | ₹9,85,600 |
| B-HNI Minimum | 8 Lot | 12,800 | ₹11,26,400 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Issue Notes
Important takeaways before applying
Strengths
- State-of-the-art production facility spread across 32,780.88 square feet equipped with fully automated systems from raw material handling to finished product packaging.
- Distribution of personal health and hygiene products through a dual-channel strategy combining offline distributors and online platforms.
- Established brand affinity, loyalty, and customer trust in proprietary brands such as Femiss, Womanica, ElderFit, and Bloom Baby.
- Pan-India distribution presence for marketing personal health and hygiene products.
- Manufacturing facility holding key quality and safety certifications including ISO 9001:2015, WHO-GMP, and BIS certifications.
Risks
- Revenue from operations is highly concentrated in a single product category of sanitary napkins.
- Business operations rely on purchase orders rather than long-term supply contracts with customers.
- High supply chain dependency on a limited number of raw material suppliers without long-term agreements.
- Reliance on a single operational manufacturing facility located in Rajkot, Gujarat.
- High geographic concentration of revenue generated from the state of Gujarat.
Analysis
H.R. Hygiene Products IPO Reservation
The H.R. Hygiene Products IPO follows the SEBI-prescribed allocation structure for a Book Building Issue. The issue is reserved across different investor categories, including Anchor Investors, Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs). This allocation ensures balanced participation from institutional and retail investors.
The category-wise reservation below shows the number of shares allocated and the percentage reserved for each investor segment. The final allotment in each category will depend on the subscription received during the IPO period.
| Investor Category | Shares Offered | Reservation (%) |
|---|---|---|
| Anchor Investor | 16,86,400 Shares | 27.51% |
| QIB (Ex. Anchor) | 12,22,400 Shares | 19.94% |
| NII Shares Offered | 8,73,600 Shares | 14.25% |
| Retail Shares Offered | 20,38,400 Shares | 33.25% |
Note: The above reservation details are based on the proposed IPO structure. The final allotment of shares in each category will be determined after the issue closes and the basis of allotment is approved by the designated stock exchange.
Analysis
H.R. Hygiene Products IPO Anchor Investors
H.R. Hygiene Products Limited has scheduled the Anchor Investor Bidding on July 28, 2026, one working day before the IPO opens for public subscription. The anchor portion is reserved for Qualified Institutional Buyers (QIBs) and is intended to attract institutional participation before the public issue begins.
Following the completion of the anchor book process, the company will disclose the names of the participating anchor investors, the final allocation, and the total amount raised. The allotted shares will be subject to the lock-in requirements prescribed under SEBI regulations.
| Particular | Details |
|---|---|
| Anchor Bidding Date | July 28, 2026 |
| Anchor Investors List | |
| Shares Offered | 16,86,400 Shares |
| Anchor Issue Size | [.] Cr. |
| Lock-in Period End Date (50% Shares – 30 Days) | 2026 |
| Lock-in Period End Date (Remaining 50% Shares – 90 Days) | 2026 |
Note: The final Anchor Issue Size, investor list, and lock-in end dates will be updated after the anchor allocation is completed and officially announced by the company.
Analysis
H. R. Hygiene Products IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 29 Jul 2026 |
| IPO Close Date | 31 Jul 2026 |
| Basis of Allotment | 03 Aug 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 05 Aug 2026 |
Note: The timeline for H. R. Hygiene Products IPO is tentative and subject to change.
Analysis
H.R. Hygiene Products IPO Promoters and Holding Pattern
H.R. Hygiene Products Limited is promoted by Hemal Babubhai Borsadiya, Rahul Kishorbai Sheradia, Borsadiya Binita Hemalbhai, and Sheradia Parth Damjibhai. The promoter group has played an important role in the company's growth, business operations, and expansion within the hygiene and personal care products industry.
Following the completion of the IPO, the promoters are expected to continue holding a significant ownership stake in the company. However, the final post-issue promoter shareholding percentage will be confirmed after the completion of the IPO process and the allotment of shares.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,78,06,438 | 68.80% |
| Promoter Holding Post Issue | 2,27,12,038 | -% |
Note: The final post-issue promoter shareholding percentage will be updated after the IPO allotment and listing, based on the company's final shareholding pattern filed with the stock exchange.
Analysis
H. R. Hygiene Products Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Analysis
About H.R. Hygiene Products IPO
H.R. Hygiene Products, founded in 2016, is one of the leading manufacturers of hygiene products, mainly Sanitary napkins. The firm supplies its products under various in-house brands: Femiss, Womanica, ElderFit, and Bloom Baby. Each brand is designed for a different customer group, providing hygiene and personal care products for babies, young women, adults, and elderly people. The company mainly sells sanitary napkins under its own brand and under white-label arrangements for some brands. Moreover, over time, H.R. has expanded its product range to include female, adult, and baby care products.
Under Femiss, the firm sells affordable and reliable sanitary napkins; Womanica offers premium, high-absorbency sanitary products. ElderFit provides adult diapers, and Bloom Baby focuses on baby diapers. Moreover, the firm sells its products via major e-commerce platforms including Meesho, Amazon, Glowroad, Flipkart, Snapdeal, and JioMart.
Analysis
H. R. Hygiene Products Company Financials
To Be Updated Soon
Analysis
H. R. Hygiene Products Company Valuation – FY2026
To Be Updated Soon
Analysis
H. R. Hygiene Products IPO Peer Group Comparison
To Be Updated Soon
Analysis
IPO Lead Managers aka Merchant Bankers
- Marwadi Chandarana Intermediaries Brokers Pvt. Ltd.
Comparison
Compare H. R. Hygiene Products IPO with similar IPOs
FAQ
H. R. Hygiene Products IPO FAQs
Based on the latest Grey Market Premium (GMP) of Rs 2 and an issue price of Rs 88, the estimated listing price for H. R. Hygiene Products IPO is Rs 90.00 (approx 2.27% listing gain). Actual listing price is determined by market demand on the listing day.
H. R. Hygiene Products IPO price band is Rs 83.00 to Rs 88.00. Check the latest issue price, lot size and GMP together before applying.
H. R. Hygiene Products IPO open date is 29 Jul 2026, close date is 31 Jul 2026, and listing date is 05 Aug 2026.
H. R. Hygiene Products IPO lot size is 1,600 shares. The minimum retail investment is Rs 2,81,600.
H. R. Hygiene Products is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
H. R. Hygiene Products IPO subscription status currently shows Retail 6.74x, QIB 2.81x, Overall 6.26x.
H. R. Hygiene Products Limited manufactures and sells personal hygiene products, specialising primarily in sanitary napkins alongside adult and baby diapers. It operates through dual channels—distributors and online e-commerce platforms like Amazon, Flipkart, and Meesho—as well as partnerships with consignment selling agents for product distribution. The company generates revenue from operations primarily through the sale of finished consumer hygiene products, with sanitary napkins accounting for the vast majority of its revenue. It operates an automated manufacturing facility in Rajkot, Gujarat, where it produces sanitary pads under brands such as Femiss and Womanica. It also engages third-party contract manufacturers for certain product lines, including baby diapers under its “Bloom Baby” brand. In addition, the company exports products and is expanding its manufacturing capacity by setting up a second facility in Rajkot to bring diaper production in-house.
H. R. Hygiene Products IPO issue size is 53.95 and the expected allotment date is 03 Aug 2026.
In our empirical study of 117 Indian IPO listings, positive GMP was followed by a positive listing gain 69.8% of the time. However, as an exact forecast, the median variation between GMP-implied gain and actual listing price was 8 percentage points. GMP reflects informal market sentiment and should always be evaluated alongside company valuation and fundamentals.
Community discussion
Comments
Share a useful question or insight about H. R. Hygiene Products.
Leave a comment
Your email address will not be published. All comments and replies are reviewed before appearing.
Keep Exploring
Similar Recent IPOs
SME
Vedant Poly Fabs
Price Band₹88.00 - ₹94.00
Current GMP₹1 · +1.1%
Lot Size1,200 Shares
SME
HGS (India)
Price Band₹114.00 - ₹120.00
Current GMP₹28 · +23.3%
Lot Size1,200 Shares
SME
Johnsoncab Electricals
Price Band₹190.00 - ₹200.00
Current GMP₹8 · +4.0%
Lot Size600 Shares
SME
Vectras Enprocon
Price Band₹99.00 - ₹105.00
Current GMP₹0
Lot Size1,200 Shares
Loading comments...