Hexagon Nutrition

closed Mainboard IPO
7
(15.56%)

IPO PARAMETERS

PRICE BAND 42.00 - 45.00
LOT SIZE 333 Shares
INVESTMENT ₹14,985

IPO ROADMAP

BIDDING STARTS 05 Jun 2026
2
BIDDING ENDS 09 Jun 2026
3
ALLOTMENT TBA
4
LISTING 12 Jun 2026

Grey Market Premium HISTORY

Date GMP (₹) Daily Change Gain (%)
09 Jun 2026 ₹7.00 -₹3.00 15.56%
04 Jun 2026 ₹10.00 - 22.22%

Hexagon Nutrition IPO MARKET LOT

Application Lot Size Shares Amount
Retail Minimum 1 333 ₹14,985
Retail Maximum 13 4,329 ₹194,805
S-HNI Minimum 14 4,662 ₹209,790
S-HNI Maximum 66 21,978 ₹989,010
B-HNI Minimum 67 22,311 ₹1,003,995

Hexagon Nutrition IPO DETAILS

Particulars Details
IPO Open Date June 5, 2026
IPO Close Date June 9, 2026
Face Value ₹1 Per Equity Share
IPO Price Band ₹42 to ₹45 Per Share
Issue Size Approx ₹138.87 Crores
Offer for Sale Approx 30,859,704 Equity Shares
Issue Type Book Built Issue
IPO Listing BSE, NSE

Hexagon Nutrition IPO RESERVATION

Investor Category Share Offered Shares (%)
Anchor Investor – Shares -%
QIB (Ex. Anchor) – Shares 50%
NII Shares Offered – Shares 15%
Retail Shares Offered – Shares 35%

Hexagon Nutrition IPO Anchor INVESTORS

Particulars Details
Anchor Bidding Date June 4, 2026
Anchor Investors List PDF
Shares Offered [.] Shares
Anchor Size [.] Cr.
Lock-in Period End Date (50% Shares - 30 Days) 2026
Lock-in Period End Date (50% Shares - 90 Days) 2026

Hexagon Nutrition IPO DATES

The Hexagon Nutrition IPO will open for subscription on June 5, 2026 and close on June 9, 2026. The basis of allotment is expected to be finalized on June 10, 2026. Refunds and credit of shares to Demat accounts are scheduled for June 11, 2026, while the IPO is proposed to be listed on the BSE and NSE platforms on June 12, 2026.

Event Date
IPO Open Date June 5, 2026
IPO Close Date June 9, 2026
Basis of Allotment June 10, 2026
Refunds June 11, 2026
Credit to Demat Account June 11, 2026
IPO Listing Date June 12, 2026
IPO Bidding Cut-off Time June 9, 2026 – 5 PM

Promoters and Holding PATTERN

The promoters of the company are Arun Purushottam Kelkar, Subhash Purushottam Kelkar, Vikram Arun Kelkar and Nikhil Arun Kelkar.

Particular Shares % Share
Promoter Holding Pre Issue 12,29,18,109 89.41%
Promoter Holding Post Issue 12,29,18,109 64.29%

Objects of the Issue & Utilisation of PROCEEDS

The company has not specified any Objects of the Issue or Utilisation of Proceeds details in the available IPO documents. Since the issue consists entirely of an Offer for Sale (OFS), the proceeds from the IPO will be received by the selling shareholders and not by the company.

About Hexagon Nutrition IPO

Hexagon Nutrition Limited, founded in 1993, is one of the leading nutrition companies in India. The firm focuses on developing and manufacturing across 3 verticals: Micronutrient Premix Products, Clinical Nutrition, and Therapeutic Foods. The company runs its 3 manufacturing facilities in India, located at Nasik, Chennai, and Thoothukudi, as well as an international facility in Tashkent, Uzbekistan. Its product portfolio is divided into 3 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 sells its products across multiple channels, such as Retail medical stores/pharmacies, Hospitals, E-Commerce websites, Online Medicine Platforms, and through its own websites like Pentasure, Obesigo, Pediagold, and Nutrone. The company has 342 distributors in India and has exported to more than 75 countries in Asia, Africa, Europe, and South America.

Hexagon Nutrition IPO Company Financial REPORT

Amount ₹ in Crores

Period Ended Revenue Expense PAT Assets
2023 ₹281.65 ₹267.02 ₹5.82 ₹288.90
2024 ₹304.62 ₹285.48 ₹12.21 ₹250.54
2025 ₹331.29 ₹296.78 ₹24.38 ₹261.36
Dec 2025 ₹275.57 ₹239.83 ₹27.03 ₹327.60

Hexagon Nutrition IPO Valuation – FY2025

Check Hexagon Nutrition IPO valuation details including Earnings Per Share (EPS), Price/Earning (P/E) Ratio, Return on Net Worth (RoNW), Net Asset Value (NAV), and other important financial indicators.

KPI Values
ROE 10.47%
ROCE 17.06%
EBITDA Margin 12.33%
PAT Margin 7.36%
Debt to Equity Ratio 0.14
Earning Per Share (EPS) ₹1.75 (Basic)
Price/Earning (P/E) Ratio N/A
Return on Net Worth (RoNW) 12.46%
Net Asset Value (NAV) ₹15.91

Peer Group COMPARISON

Company EPS PE Ratio RoNW % NAV Income
Zydus Wellness Limited 10.90 46.22 6.12% 178.26 ₹2,780.90 Cr.
Nestlé India Limited 16.63 88.86 77.91% 21.35 ₹20,201.56 Cr.

IPO Lead Managers aka Merchant BANKERS

  • Cumulative Capital Pvt. Ltd.
  • Catalyst Capital Partners Pvt. Ltd.