A private Corporation Hexagon Nutrition is moving forward to issue Hexagon Nutrition IPO shares in the share market. Although, they haven’t announced its opening and closing date on the official webpage. In this article, we are going to talk about some important details regarding the company’s IPO Date, price, Form, and lot size. According to the sources, the company is aiming to raise ₹600 crores through IPO that consists of fresh issue of ₹100 crores and offering for sale up to 30,113,918 equity shares with the face value of ₹1 each.
The retail investor will get the quota of 10% while QIB 50% and NII 15%. Let’s have a look at the company’s background and its strength.
Hexagon Nutrition IPO Review & All Details
Hexagon Nutrition Limited deals with product development and marketing. It also includes research and development and nutrition manufacturing. The company facility is located in Mumbai. Arun Kelkar and Subash Kelkar are the founders of the compnay. They initiated the company in the year 1993. The company sells products like clinical products, micronutrient premises, and therapeutic products. They have a huge network and distribution chain across India as well as in the global market. According to the sources the company deals in more than 70 countries. Let’s check the IPO detail of the company.
Hexagon Nutrition IPO Date & Price Band
Here, we have listed the company Hexagon Nutrition IPO Date and price structure. Although, we haven’t proper information from the company IPO.
| IPO Open: | 2022 |
| IPO Close: | 2022 |
| IPO Size: | Approx ₹600 Crores |
| Fresh Issue: | Approx ₹100 Crores |
| Offer for Sale: | Approx 30,113,918 Equity Shares |
| Face Value: | ₹1 Per Equity Share |
| Price Band: | ₹- to ₹- Per Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Hexagon Nutrition IPO Market Lot
| Minimum Lot Size: | Minimum – Shares for 1 lot |
| Minimum Amount: | ₹- for 1 lot |
| Maximum Lot Size: | Maximum – Shares for 13 lot |
| Maximum Amount: | ₹- for 13 lot |
Hexagon Nutrition IPO Time Table, Allotment & Listing
| Price Band Announcement: | 2022 |
| Anchor Investors Allotment: | 2022 |
| IPO Open Date: | 2022 |
| IPO Close Date: | 2022 |
| Basis of Allotment: | 2022 |
| Refunds: | 2022 |
| Credit to Demat Account: | 2022 |
| IPO Listing Date: | 2022 |
Hexagon Nutrition Financial Report
| ₹ in Crores | |||||
| Income | Expense | PAT | |||
| 2019 | ₹235 | ₹216 | ₹14.83 | ||
| 2020 | ₹211 | ₹186 | ₹18.57 | ||
| 2021 | ₹215 | ₹186 | ₹22.86 | ||
| 2022 6M | ₹127 | ₹107 | ₹15.21 | ||
Since Hexagon Nutrition has made up its mind to raise funds through Hexagon Nutrition IPO shares. We don’t think they will take so much time to issue them publicly. Although, the company has a name in India as well as the global market. It seems the investor would be happy to acquire its shares. For more trending and IPO, updates keep visiting our website All Social Updates.