Hexagon Nutrition's initial public offering (IPO) was subscribed 1.65 times on the first day of bidding, June 5, 2026. The company received bids for 3.55 crore shares against an offer of 2.16 crore shares, raising ₹139 crore. The IPO runs until June 9, with shares expected to list on June 12, according to livemint.com.
The IPO saw strong interest from retail investors and non-institutional investors (NIIs), while qualified institutional buyers (QIBs) did not participate in the bidding. The issue was fully subscribed within hours of opening, reflecting robust demand. The company’s public issue attracted attention quickly, with the second bidding day underway as of June 6, livemint.com reported.
This subscription level highlights growing investor appetite for mid-sized companies in the nutrition sector. Hexagon Nutrition’s IPO subscription compares favorably with recent public offerings in the health and wellness space, where retail participation has been a key driver. The absence of QIB bids may indicate cautious institutional sentiment amid broader market conditions, as noted by market observers.
Hexagon Nutrition’s shares are scheduled to list on the stock exchanges on June 12, 2026. The company’s successful subscription on the first day sets the stage for the remaining days of the IPO, which closes on June 9, livemint.com confirmed.