Hexagon Nutrition's initial public offering (IPO), open from June 5 to June 9, saw a subscription rate of 10.98 times by the third day, according to livemint.com. The IPO is priced in a band of ₹42-45 per share, with a total valuation of ₹138.87 crore, primarily through an offer-for-sale component.
The strong demand for Hexagon Nutrition's shares was evident across various investor categories during the first two days of bidding. The subscription momentum continued into the third day, reflecting robust investor interest. The company’s shares are scheduled to be listed on stock exchanges on June 12, 2026, as per the information shared by livemint.com.
This high subscription rate underscores the market's positive reception to Hexagon Nutrition's public debut. The ₹138.87 crore offering places the company among notable recent IPOs in the nutrition sector. The pricing band of ₹42-45 per share aligns with investor expectations, contributing to the oversubscription. Such demand levels often indicate strong investor confidence ahead of listing.
Hexagon Nutrition’s IPO subscription closing on June 9 will finalize the allotment process ahead of the June 12 listing date. The company’s performance in the market debut will be closely watched as it marks a significant step in its growth trajectory, according to livemint.com.