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Hexagon Nutrition IPO anchor book raises Rs 41.66 crore ahead of June 5 opening
Hexagon Nutrition Ltd raised Rs 41.66 crore from anchor investors ahead of its IPO, allotting 92.57 lakh shares at Rs 45 each. The Rs 139-crore issue, priced at Rs 42–45 per share, opens June 5 and closes June 9. The offering is entirely an offer-for-sale by promoters.
Hexagon Nutrition Ltd raised Rs 41.66 crore from anchor investors on Thursday. The funding came ahead of the company’s Rs 139-crore initial public offering. Hexagon Nutrition allotted 92.57 lakh equity shares at Rs 45 each, a BSE circular showed. The IPO opens for subscription on June 5 and closes on June 9.
The anchor book included several investors, as listed in the filing. Bandhan Small Cap Fund was the only domestic mutual fund participant. Bandhan Small Cap Fund received 26.66 lakh shares worth Rs 12 crore. Other allottees included Ampersand Growth Opportunities Fund Scheme-I, CP Capital Ltd, Visionary Value Fund and Innovative Vision Fund.
Hexagon Nutrition IPO dates and price band
The company set a price band of Rs 42-45 per equity share. The issue opens on June 5 and closes on June 9. Shares are expected to list on June 12. At the top end, the IPO size is estimated at Rs 138.87 crore, based on the price band.
The public issue is fully an offer-for-sale by promoters. It includes over 3.08 crore equity shares, as per the stated plan. Since it is an OFS, the company is not issuing fresh shares. The IPO is intended to provide liquidity to existing shareholders.
Hexagon Nutrition business and product portfolio
Hexagon Nutrition said the listing is meant to raise visibility and support brand recognition. The company was founded in 1993 and began with micronutrient formulations. Over time, it expanded into branded nutrition products. Its brands include Pentasure, Obesigo and Pediagold across health, wellness and clinical nutrition.
The company operates in 75 countries, according to the details shared. Hexagon Nutrition sells micronutrient premixes and therapeutic nutrition products. It also supplies clinical nutrition, wellness products and fortified foods. These offerings cover multiple consumer and medical nutrition needs across markets.
The anchor allocation provided early demand signals before the public issue begins. The IPO schedule sets June 5 for opening and June 9 for closing. With the entire offer structured as a promoter sale, the focus remains on shareholder liquidity. Hexagon Nutrition expects its shares to list on June 12.
With inputs from PTI
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