Hexagon Nutrition Ipo
Hexagon Nutrition IPO Review & Key Points
Review: Neutral
Objects of the Issue & Utilisation of Proceeds
NA
IPO Lead Managers aka Merchant Bankers
Cumulative Capital Pvt. Ltd.
Catalyst Capital Partners Pvt. Ltd.
| Name of the Company | Face Value (₹) | EPS basic (₹) | EPS Diluted (₹) | RONW (%) | P/E Ratio | NAV (₹) |
| Powerica Limited | 5 | 15.26 | 15.26 | 15.37 % | 24.45 | 99.76 |
| Listed Peers | ||||||
| Cummins India Limited | 2 | 72.15 | 72.15 | 26.45% | 64.13 | 272.78 |
| Kirloskar Oil Engines Limited | 2 | 33.71 | 33.60 | 15.85% | 43.24 | 212.60 |
| NTPC Green Energy Limited | 10 | 0.67 | 0.67 | 2.58% | 129.40 | 21.88 |
| Acme Solar Holdings Limited | 2 | 4.55 | 4.53 | 5.59% | 50.74 | 74.54 |
| Adani Green Energy Limited | 10 | 8.37 | 8.37 | 11.90% | 101.53 | 76.62 |
| IPO Open Date | June 5, 2026 |
| IPO Close Date | June 9, 2026 |
| Face Value | ₹1 Per Equity Share |
| IPO Price Band | ₹42 to ₹45 Per Share |
| Issue Size | Approx ₹138.87 Crores |
| Offer for Sale: | Approx 30,859,704 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 333 | ₹14,985 |
| Retail Maximum | 13 | 4,329 | ₹1,94,805 |
| S-HNI Minimum | 14 | 4,662 | ₹2,09,790 |
| S-HNI Maximum | 66 | 21,978 | ₹9,89,010 |
| B-HNI Minimum | 67 | 22,311 | ₹10,03,995 |
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | 92,57,696 Shares | 30% |
| QIB (Ex. Anchor) | 61,72,156 Shares | 20% |
| NII Shares Offered | 46,28,956 Shares | 15% |
| Retail Shares Offered | 1,08,00,896 Shares | 35% |
| Anchor Bidding Date | June 4, 2026 |
| Anchor Investors List | |
| Shares Offered | 92,57,696 Shares |
| Anchor Size | 41.66 Cr. |
| lock-in period end date 50% shares (30 Days) | July 10, 2026 |
| lock-in period end date 50% shares (90 Days) | Sep 8, 2026 |
| IPO Open Date: | June 5, 2026 |
| IPO Close Date: | June 9, 2026 |
| Basis of Allotment: | June 10, 2026 |
| Refunds: | June 11, 2026 |
| Credit to Demat Account: | June 11, 2026 |
| IPO Listing Date: | June 12, 2026 |
| IPO Bidding Cut-off Time: | June 9, 2026 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 12,29,18,109 | 89.41% |
| Promoter Holding Post Issue | 12,29,18,109 | 64.29% |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹281.65 | ₹267.02 | ₹5.82 | ₹288.90 |
| 2024 | ₹304.62 | ₹285.48 | ₹12.21 | ₹250.54 |
| 2025 | ₹331.29 | ₹296.78 | ₹24.38 | ₹261.36 |
| Dec 2025 | ₹275.57 | ₹239.83 | ₹27.03 | ₹327.60 |
| KPI | Values |
| ROE: | 10.47% |
| ROCE: | 17.06% |
| EBITDA Margin: | 12.33% |
| PAT Margin: | 7.36% |
| Debt to equity ratio: | 0.14 |
| Earning Per Share (EPS): | ₹1.75 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 12.46% |
| Net Asset Value (NAV): | ₹15.91 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Zydus Wellness Limited | 10.90 | 46.22 | 6.12% | 178.26 | 2,780.90 Cr. |
| Nestlé India Limited | 16.63 | 88.86 | 77.91% | 21.35 | 20,201.56 Cr. |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹184.81 | ₹154.97 | ₹32.10 | ₹251.58 |
| 2024 | ₹206.45 | ₹175.85 | ₹34.44 | ₹339.25 |
| 2025 | ₹322.58 | ₹261.43 | ₹28.13 | ₹455.49 |
| Dec 2025 | ₹236.50 | ₹186.96 | ₹38.69 | ₹561.34 |