Hexagon Nutrition IPO closes 42x subscribed; NIIs lead at 130x ahead of June 12 listing
The branded nutrition maker behind Pentasure and Pediagold sealed its ₹139-crore IPO with 42.23x overall demand. NIIs piled in at 129.96x, retail at 22.53x, and QIBs at 10.90x within a ₹42-45 band. Anchor book of ₹41.66 crore underpins a consumer-health story spanning 75+ countries.
What happened
Hexagon Nutrition's ₹139-crore IPO closed with 42.23x subscription, led by NIIs at 130x. The branded nutrition company behind Pentasure and Pediagold lists June
Key facts
- 42.23x overall subscription
- NII 129.96x
- Retail 22.53x
- QIB 10.90x
- ₹139 crore issue size
- ₹42-45 price band
- ₹41.66 crore anchor
- 75+ countries
Why this matters
A ₹139-crore raise at 42x cover sets a hot comp for consumer-health assets; expect sharper valuation asks from any branded nutrition target you're circling.