Hexagon Nutrition's Rs 139 Cr IPO Books 80% On Day 1, GMP Holds At Rs 12
The clinical and consumer nutrition maker opened its Rs 42-45 band issue June 5-9, drawing retail-led demand on Day 1. Anchors including Bandhan Small Cap Fund put in Rs 41.66 crore ahead of launch. Brand portfolio spans Pentasure, Obesigo and Pediagold across 75 countries.
What happened
Hexagon Nutrition opened its Rs 139-crore IPO (June 5-9) at Rs 42-45 band, booked 80% on Day 1 led by retail investors. The OFS issue raised Rs 41.66 crore from
Key facts
- Rs 139 crore issue
- price band Rs 42-45
- Rs 41.66 crore anchor
- Day 1 subscription 0.80x
- GMP Rs 12
- 75 countries
Why this matters
Hexagon's IPO valuation print and global footprint across 75 countries sets a fresh comp for clinical nutrition assets and could accelerate strategic interest from larger FMCG and pharma players eyeing the medical nutrition adjacency.