Hexagon Nutrition opens Rs 139 cr IPO at Rs 42-45; GMP signals 27% listing pop
Mumbai-based Hexagon Nutrition's entirely-OFS Rs 138.86 cr IPO opens June 5 at Rs 42-45 band, lot 333 shares. Anchor book raised Rs 41.66 cr. 9MFY26 PAT Rs 27.03 cr on revenue Rs 275.57 cr versus full-year FY25 revenue Rs 331.29 cr. GMP Rs 10-12 implies ~27% listing gain; brokerages skew subscribe. Lists June 12.
What happened
Hexagon Nutrition's Rs 138.86 crore IPO opens June 5 at Rs 42-45 band, entirely OFS. The Mumbai-based nutrition company sells premixes, clinical nutrition and
Key facts
- Price band Rs 42-45
- Issue size Rs 138.86 crore
- Lot size 333 shares
- Anchor raise Rs 41.66 crore
- 9MFY26 PAT Rs 27.03 crore
- 9MFY26 revenue Rs 275.57 crore
- FY25 revenue Rs 331.29 crore
- Market cap ~Rs 553 crore
- GMP Rs 10-12
- Listing June 12, 2026
Why this matters
Hexagon's public-market debut at ~Rs 450 cr implied market cap establishes a comparable for nutrition/wellness M&A multiples and could accelerate strategic interest in adjacent private nutraceutical and clinical-nutrition assets.