Hexagon Nutrition IPO Date, Review, Price, Allotment, Analysis Details

Hexagon Nutrition IPO date is not fixed yet, the IPO is to hit the market soon, as the company gets SEBI’s go-ahead for an IPO. The company to raise ₹600 crores via IPO that comprises fresh issue of ₹100 crores and an offer for sale of up to 30,113,918 equity shares of ₹1 each. The retail quota is 35%, QIB 50% and NII is 15%.

Hexagon Nutrition Limited Mumbai-based company engaged in product development and marketing, including research and development and nutrition manufacturing. They are a research-oriented play nutrition company founded by Arun Kelkar and Subash Kelkar way back in 1993. They offer products across clinical products, micronutrient premixes, and therapeutic products. The product range includes Micronutrient Premix, Malnutrition Products, Clinical Nutrition, Fortified Rice Kernels, Animal Nutrition, and Flour Enzymes. They are selling their products in India as well as in the International market in around 70 countries.  Their 3 factories are located in Nasik, Chennai, and Thoothukkudi. They manufacture and market scientifically formulated brands across a 360-degree spectrum of illness, wellness, and lifestyle disease management. You can check Hexagon Nutrition IPO subscription status and Hexagon Nutrition IPO allotment status on their respective pages.

Important Details:

• They export their products to 70 countries.
• Flagship brand PENTASURE has been instrumental in touching millions of lives to help improve their nutritional status in all the leading hospitals of the country.
• In technical collaboration with Sprinkles Global Health Initiative of Canada, Hexagon Nutrition through its brand SPRINKLES  has tried to enhance the lives of children of many third worlds countries.
• OBESIGO – Products with Weight Loss Management.
• Arun Purushottam Kelkar is offloading around 77 lakh shares.
• Subhash Purushottam Kelkar is offloading around 61.36 lakh shares.
• Nutan Subhash Kelkar is offloading around 25 lakh shares.
• Somerset Indus Healthcare Fund I Ltd is offloading around 1.22 crore shares.
• Mayur Sirdesai is offloading around 73,668 shares,
• Objects of the issue are – Repay or prepay any debt undertaken by the company or its subsidiaries- HNEPL and HNIPL, for working capital requirements of the company, funding of working capital expenditure, and investment in subsidiary HNIPL.

Hexagon Nutrition IPO Review (Good or Bad)

• To be updated soon

Brokerage Firm IPO Reviews

• Arihant Capital: –
• Angel Broking: –
• Capital Market: –
• Ventura Securities: –
• ICICI Securities: –
• Choice Broking: –
• Marwadi Financial: –

Hexagon Nutrition IPO Form

How to apply for the Hexagon Nutrition IPO? You can apply Hexagon Nutrition IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Hexagon Nutrition IPO in the Invest section. The other option you can apply for Hexagon Nutrition IPO via IPO forms download via NSE and BSE. Check out the Hexagon Nutrition forms – click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Company Promoters

• Arun Purushottam Kelkar
• Subhash Purushottam Kelkar
• Vikram Arun Kelkar
• Dr. Nikhil Arun Kelkar

Hexagon Nutrition IPO Allotment Status