Hexagon Nutrition launches ₹139cr IPO at ₹42-45; FY25 PAT doubles to ₹24.3cr on premix demand
Pure-play nutrition supplier opens ₹139cr OFS on June 5. FY25 revenue ₹324.92cr (+9% YoY), PAT ₹24.3cr (+99.5%), margin 12.33%. Reaches 75 export countries via 358 distributors—but top-10 customers drive 45.87% of sales, flagging concentration risk for retail subscribers.
Hexagon Nutrition, a pure-play nutrition company supplying premixes to FMCG firms, opens its ₹139 crore IPO on June 5 (entirely OFS). FY25 revenue rose 9% to ₹325 crore; PAT nearly doubled. Distributes via pharmacies, hospitals, e-commerce.
Why this matters
Third Hexagon Nutrition IPO signal in recent weeks, following the ₹42-45 band setting and the consumer IPO wave coverage. Pricing now confirmed alongside FY25 financials, sharpening retail subscriber view.
Retail-company signals steady at 1,553 in last 90 days, with consumer IPOs a recurring sub-thread.