Hexagon Nutrition sets ₹42-45 band for ₹139 cr IPO; opens June 5
Pure-play nutrition and FMCG premix supplier Hexagon Nutrition will raise ₹139 crore via an offer-for-sale of 3.08 crore shares. Lot size 333 (min ₹14,985). QIB 50%, NII 15%, Retail 35%. Issue closes June 9; tentative BSE/NSE listing June 12.
What happened
Hexagon Nutrition, a pure-play nutrition and FMCG premix supplier, fixed its IPO price band at ₹42-45 to raise ₹139 crore via OFS. Issue opens June 5, closes
Key facts
- ₹42-45 price band
- ₹139 crore
- 3.08 crore shares
- lot size 333
- min ₹14,985
- QIB 50%
- NII 15%
- Retail 35%
- listing June 12
Why this matters
Hexagon's listing creates a public comp for nutrition-premix M&A and may prompt strategic acquirers to lock in private targets before valuation benchmarks reset on June 12.