Hexagon Nutrition's initial public offering (IPO) has seen strong investor demand, with the issue subscribed 3.87 times by the second day of bidding. The public issue, valued at ₹138.87 crore, opened on June 5 and will remain open until June 9, 2026. The company plans to list its shares on stock exchanges on June 12, 2026, according to livemint.com.
The IPO consists of an offer-for-sale of 3.08 crore shares. On the first day, the issue was fully subscribed within hours, reflecting robust investor interest. Brokerages, including SBI Securities, have recommended subscribing to the IPO, highlighting confidence in Hexagon Nutrition's market prospects. The subscription rate increased significantly on the second day, reaching nearly four times the shares on offer, as reported by thehindubusinessline.com.
This strong subscription places Hexagon Nutrition among recent mid-sized IPOs that have attracted notable investor attention in the Indian market. The company's focus on nutrition products taps into a growing sector driven by rising health awareness. The ₹138.87 crore valuation positions the IPO as a significant capital-raising event for the company, with the offer-for-sale structure allowing existing shareholders to monetize part of their holdings while providing liquidity.
Hexagon Nutrition's shares are scheduled to debut on stock exchanges on June 12, 2026. The final subscription figures will be available after the close of the public issue on June 9, providing a clearer picture of investor appetite and potential market performance.