Hexagon Nutrition lists at 12.5% premium, hits upper circuit on debut
Branded nutrition player Hexagon Nutrition (Pentasure, Obesigo, Pediagold) opened at ₹48 versus ₹45 issue price and locked the upper circuit at a 12.5% premium. The ₹139-crore OFS was subscribed 53.68x, with ₹41.66 crore raised from anchors, signalling strong appetite for consumer health brands.
What happened
Hexagon Nutrition, a branded nutrition company with Pentasure, Obesigo and Pediagold, debuted at ₹48 versus ₹45 issue price and hit upper circuit at 12.5%
Key facts
- ₹45 issue price
- ₹48 BSE debut
- 12.5% premium
- ₹139 crore IPO
- 53.68x subscribed
- ₹41.66 crore anchor
Why this matters
The 12.5% pop on a ₹139-cr OFS resets valuation benchmarks for nutraceutical M&A—expect bid-ask gaps to widen on private targets in clinical and pediatric nutrition.