- By Aditya Pratap Singh
- Tue, 26 May 2026 06:06 PM (IST)
- Source:JND
Upcoming IPO: Hexagon Nutrition's initial public offering (IPO) will open for public subscription on June 5, and the pure-play nutrition company has fixed a price band of Rs 42-45 per equity share for the share sale as well.
The Rs 139-crore initial public offering (IPO) ends on June 9, while bidding by anchor investors will open for a day on June 4, according to the red herring prospectus (RHP) filed on Monday.
Offer For Sale
The Mumbai-based company's proposed share sale is entirely an offer-for-sale (OFS) of over 30.8 million equity shares held by the promoter. Because the issue is entirely OFS, Hexagon Nutrition will not receive any public offering proceeds, and the entire proceeds will go to the selling shareholders.
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At the upper end of the price band, the IPO size is ₹138.87 crore.
The company stated that the proposed listing of its shares on the stock exchange is expected to increase visibility, enhance brand image, and provide liquidity to shareholders.
Hexagon Nutrition Listing Date: The company's shares are proposed to be listed on the BSE and the National Stock Exchange (NSE), with a tentative listing date of June 12.
About Hexagon Nutrition
Founded in 1993, Hexagon Nutrition began as a micronutrient formulation company and later expanded into branded nutrition products.
Its portfolio brands include Pentasure, Obesigo, and PediaGold in health, wellness, and clinical nutrition. The company also has a presence in 75 countries.
On the financial front, Hexagon Nutrition reported total revenue of ₹331.28 crore and a profit after tax of ₹24.38 crore for FY25.
(With Inputs From PTI)