Hexagon Nutrition lists at 7.2% premium after blockbuster 53x subscription
Mumbai-based Hexagon Nutrition debuted at Rs 48.25 on NSE versus Rs 45 issue price, a 7.22% premium. The Rs 139 crore OFS drew Rs 5,200 crore in bids and was subscribed 53.68 times. The research-driven firm makes micronutrient premixes, clinical nutrition and ready-to-use foods.
What happened
Hexagon Nutrition, a Mumbai-based research-driven nutrition company making micronutrient premixes, wellness, clinical nutrition and ready-to-use foods, listed
Key facts
- Rs 48.25 listing price
- 7.22% premium
- Rs 45 issue price
- Rs 139 crore IPO size
- 53.68x subscription
- Rs 5,200 crore bids
Why this matters
Hexagon's successful listing sets a public-market benchmark for clinical nutrition and RUF players, likely accelerating M&A interest and valuation resets across micronutrient premix and specialty foods peers.