Hexagon Nutrition lists June 12 after 53.68x subscription, GMP signals muted 6% premium
Clinical nutrition player Hexagon Nutrition, owner of Pentasure, Obesigo and Pediagold, debuts on BSE/NSE June 12 following its ₹139-crore OFS. The issue drew 53.68x subscription and ₹41.66 crore in anchor demand, but grey market premium of ₹2.75 over the ₹45 issue price points to a tepid 6.11% listing pop.
What happened
Hexagon Nutrition, a clinical nutrition and fortified foods company with brands Pentasure, Obesigo and Pediagold, lists June 12 on BSE/NSE after its ₹139-crore
Key facts
- ₹139 crore issue size
- 53.68x subscription
- ₹45 issue price
- GMP ₹2.75
- 6.11% premium
- ₹41.66 crore anchor
- 75 countries
Why this matters
Hexagon's ₹139cr OFS-only float at modest premium sets a sober comp for clinical nutrition M&A multiples and signals promoters aren't cashing out aggressively.