Hexagon Nutrition IPO Day 1 Recap: Initial Subscription Status and GMP Review

Hexagon Nutrition IPO Opens for Subscription

The Initial Public Offering (IPO) of Hexagon Nutrition, a leading player in the nutrition segment, has opened today and will remain open until June 9, 2026. The company's management has announced the IPO price band of ₹42 to ₹45, with an aim to raise ₹139 crore through an entirely offer for sale (OFS).

Key IPO Details

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Market observers note that Hexagon Nutrition shares are trading at a premium of ₹10 in the grey market today. The company's management has appointed Kfin Technologies Ltd as the official registrar for the book build issue. Upon successful completion, the public issue is proposed for listing on the BSE and the NSE, with the most likely listing date being June 12, 2026.

Leading brokerage firms, including BP Equities, SBI Securities, Beacon Capital Advisors, Swastika Investmart, and Ventura Securities, have assigned a 'subscribe' tag to the public issue, citing the company's leadership position in the nutrition segment, integrated business model, strong brand portfolio, improving financial profile, and favourable industry outlook. They recommend investors to apply to the book build issue for a medium- to long-term investment horizon.