Explore the Day 1 subscription performance of Hexagon Nutrition Ltd. IPO, including investor participation, issue details, key dates, financial highlights, and the process to apply through ASBA or UPI.
The Hexagon Nutrition Ltd. IPO opened for subscription on June 5, 2026. The company has launched its public issue through the mainboard segment of the Indian stock market. The IPO is entirely an Offer for Sale (OFS), allowing existing shareholders to divest part of their holdings through the public issue.
The issue is valued at ₹138.87 Crores and is being offered through the book-building process at a price band of ₹42 to ₹45 per share.
The Hexagon Nutrition Ltd. IPO received a moderate response from investors on its opening day, with retail investors leading the subscription activity.
The Hexagon Nutrition Ltd. IPO was subscribed 0.66× overall its opening day.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIBs ex-anchors) |
N.A. |
Non-Institutional Investors (NIIs) |
0.72× |
Retail Individual Investors (RIIs) |
1.01× |
Total |
0.66× |
Retail investors showed the strongest participation on Day 1 with subscription reaching 1.01×, while the NII category was subscribed 0.72×. Institutional bidding data was not available at the time of reporting.
The IPO's opening-day performance reflects cautious investor participation, with subscription levels expected to evolve over the remaining bidding period.
The Hexagon Nutrition Ltd. IPO recorded a substantial increase in subscriptions on the second day of bidding. The issue was subscribed 3.39× overall, supported by strong participation from both retail and non-institutional investors.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
0.16× |
Retail Individual Investors (RII) |
4.83× |
Non-Institutional Investors (NII) |
4.32× |
Total |
3.39× |
Retail investors led the subscription activity with 4.83× bidding, followed closely by the NII segment at 4.32×. QIB participation remained relatively modest at 0.16×. The strong response from retail and non-institutional investors helped the issue achieve more than three times subscription by Day 2, indicating heightened interest in the offering.
The Hexagon Nutrition Ltd. IPO closed with strong investor demand on the final day of subscription. The issue was subscribed 13.41× overall, supported by robust participation from retail and non-institutional investors.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
0.21× |
Retail Individual Investors (RII) |
13.12× |
Non-Institutional Investors (NII) |
31.72× |
Total |
13.41× |
The non-institutional investor category led the subscription activity with an impressive 31.72× subscription, while retail investors subscribed 13.12× their reserved portion. QIB participation stood at 0.21×. The strong demand from individual and high-net-worth investors helped the IPO close with a substantial overall subscription, reflecting broad market interest in the offering.
The IPO is available in a price band of ₹42 to ₹45 per share with a face value of ₹1 per share.
Investors can bid for a minimum of 1 lot comprising 333 shares and in multiples thereof.
At the upper price band, the investment requirement is as follows:
| Investor Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
Retail (Minimum) |
1 |
333 |
₹14,985 |
Retail (Maximum)* |
13 |
4,329 |
₹1,94,805 |
*Retail applications are subject to the prevailing regulatory investment limits.
The relatively lower lot value makes the issue accessible to a broader range of investors.
For detailed insights about the company, issue particulars, and the latest updates, visit the Hexagon Nutrition IPOon Bajaj Markets.
The timeline below highlights the key milestones associated with the public issue:
| Event | Date | Details |
|---|---|---|
IPO Open Date |
June 5, 2026 |
Issue opens for subscription |
IPO Close Date |
June 9, 2026 |
Final day to submit bids |
Basis of Allotment |
June 10, 2026 |
Finalisation of allotment |
Initiation of Refunds |
June 11, 2026 |
Refunds begin for unsuccessful applicants |
Credit of Shares to Demat |
June 11, 2026 |
Shares credited to successful applicants |
Listing Date |
June 12, 2026 |
Proposed listing on NSE and BSE |
Note: These dates represent procedural milestones based on publicly available data and are intended for informational purposes only.
Investors can apply for the IPO through the ASBA facility offered by banks or through UPI-supported broker platforms.
This is a convenient and secure method where your application amount stays blocked until shares are allotted.
Log in to your internet banking account.
Go to the ‘Investments’ or ‘IPO Application’ section.
Select ‘Hexagon Nutrition Ltd. IPO’ from the available list.
Enter your preferred bid quantity and price.
Confirm and submit your application.
The bid amount will remain blocked in your account until allotment.
Upon allotment, the amount will be debited, and shares credited to your Demat account.
You can apply using UPI through your stockbroker’s or financial marketplace’s online platform.
Log in to your trading account or Demat account on your broker’s platform or financial marketplace.
Navigate to the IPO section and select ‘Hexagon Nutrition Ltd. IPO’.
Enter your application details including number of lots and price.
Provide your UPI ID linked to your bank account.
Approve the UPI mandate request on your UPI app (like BHIM, Google Pay, or PhonePe).
Funds will be debited only upon share allotment.
Once allotted, shares will be credited directly to your Demat account.
Sources
LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner