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HEXAGON NUTRITION IPO

CLOSED

IPO Details

5th Jun 2026
9th Jun 2026
333
₹ 13,986
₹ 42-45
₹ 139 Crore

Issue timeline

  • 5-9 Jun 2026
  • 10-Jun-2026
  • 11-Jun-2026
  • 11-Jun-2026
  • 12-Jun-2026

Subscription Status

Shareholder -
Qualified Institutional Buyers -
Non-Institutional Investor -
Retail Individual Investor -
Employee -
Total -

About Company

Hexagon Nutrition was incorporated on May 27, 1993. Hexagon Nutrition is a research-oriented pure-play nutrition company. The company offers products like clinical products, micronutrient premixes and therapeutic products. Their product portfolio addresses a broad spectrum of aspects such as fortification of foods, therapeutic nutrition, clinical nutrition and alleviation of malnutrition.
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Name Designation
Arun Purushottam Kelkar Chairman & Executive Director
Vikram Arun Kelkar Managing Director
Nikhil Arun Kelkar Joint Managing Director
Subhash Purushottam Kelkar Executive Director
Aditya Kelkar Non-Executive Director
Aparna Deepak Sakpal Independent Director
Meena Bipinchandra Mehta Independent Director
Nimesh Pratap Shukla Independent Director
Keval M. Shah Independent Director
Payal Yash Gaglani Independent Director

Objectives

To carry out the offer for sale of up to 30,859,704 equity shares bearing face value of Rs 1 each by the selling shareholders
To achieve the benefits of listing the equity shares on the stock exchanges

Strengths & Risks

Strengths (3)

The company has developed in-house brands like PENTASURE, OBESIGO, and PEDIAGOLD for specialised therapy areas and operates globally across 70+ countries with three manufacturing facilities and two R&D centres in India. It is a leading premix provider in India and a major licensed supplier of micronutrient powders under UN programs, supporting food fortification and public health initiatives

Risks (3)

The company faces risks from counterfeit and look-alike products, particularly in India, which may harm brand reputation, customer trust, and financial performance. Unauthorised replication of its proprietary formulations or branded products could undermine innovation, differentiation, and R&D investments

Financials

Frequently Asked Questions

What is the issue type for Hexagon Nutrition Ltd.?

This IPO consists of an offer for sale of up to Rs 138.9 crore, of 30,859,704 shares.

The promoters of the company are Arun Purushottam Kelkar, Subhash Purushottam Kelkar, Vikram Arun Kelkar and Nikhil Arun Kelkar.

The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.

The price band of the IPO is Rs 42.0 - 45.0.

The IPO application opens on Jun 05, 2026 and closes on Jun 09, 2026.

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*The financials mentioned above are sourced from DRHP/ RHP documents.