H.R.Hygiene Products Ltd. (H.R. Hygiene Products IPO)
HRHYGIENE SME
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Overview
H. R. Hygiene Products Limited manufactures and sells personal hygiene products in India, led by sanitary napkins and complemented by adult diapers, baby diapers and select traded hygiene items (such as tissue paper and cotton swabs). The company markets products under brands including Femiss (value segment), Womanica (premium), ElderFit (adult care) and Bloom Baby (baby care), and also supplies sanitary napkins on a white-label basis. It operates an automated manufacturing facility in Rajkot, Gujarat with quality certifications (including ISO 9001:2015, WHO-GMP and BIS) and distributes pan-India primarily through an offline distributor/CSA network along with major e-commerce marketplaces.
Opening Date
Jul 29, 2026
Closing Date
Jul 31, 2026
Listing Date
Aug 05, 2026
IPO Type
SME
IPO Status
Upcoming
Issue Size
53.95 Cr
Fresh Issue
43.17 Cr
Offer for Sale
10.79 Cr
Price Band
₹83 - ₹88
Lot Size
1600
IPO Timeline
Financials
Revenue
Profit After Tax (PAT)
Use of IPO funds
Key Performance Indicator
P/E Ratio
13.73
EPS
6.41
ROE
30.9%
ROCE
24.86%
RONW
26.91%
Debt to Equity Ratio
—
PAT Margin
8.73%
EBITDA Margin
13.07%
P/B
1.97
Bull vs Bear
Bull case
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A large offline distributor network plus growing online sales can reduce reliance on any one channel, helping sales stay steadier through shifts in how customers buy.
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High capacity use and certified, automated manufacturing can support consistent quality at scale, which is hard for smaller rivals to match.
- •
IPO money targets a new diaper facility, which could reduce reliance on one job-worker and improve control over cost and product quality.
Bear case
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Legal proceedings, even if small in amount, can distract management and raise unexpected costs, which can hurt profits and cash planning.
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Most revenue comes from sanitary napkins, so any demand, pricing, or regulation change in that category can quickly hit overall earnings.
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Customers order without long-term contracts and the top 10 contribute most revenue, so a few lost or delayed orders can swing sales and cash flow.
Net takeaway
This is a hygiene-products maker trying to build a scaled, branded business using a wide distributor network and more in-house manufacturing, including a new diaper unit. The upside is better control over quality, cost, and growth as hygiene demand rises, but the business is still concentrated in sanitary napkins and relies heavily on a small set of big customers without long-term contracts. The key thing to monitor is progress and timelines on the new facility and whether revenue becomes less concentrated.
Subscription Rate
Subscription data will be available once the IPO opens.
Application Details
Frequently Asked Questions about H.R.Hygiene Products Ltd. (H.R. Hygiene Products IPO)
H. R. Hygiene Products Limited manufactures and sells personal hygiene products in India, led by sanitary napkins and complemented by adult diapers, baby diapers and select traded hygiene items (such as tissue paper and cotton swabs). The company markets products under brands including Femiss (value segment), Womanica (premium), ElderFit (adult care) and Bloom Baby (baby care), and also supplies sanitary napkins on a white-label basis. It operates an automated manufacturing facility in Rajkot, Gujarat with quality certifications (including ISO 9001:2015, WHO-GMP and BIS) and distributes pan-India primarily through an offline distributor/CSA network along with major e-commerce marketplaces.
The H.R.Hygiene Products Ltd. (H.R. Hygiene Products IPO) IPO is scheduled to open for subscription on Jul 29, 2026 and close on Jul 31, 2026. Investors can apply for shares during this period through eligible platforms.
The price band for the H.R.Hygiene Products Ltd. (H.R. Hygiene Products IPO) IPO is ₹83 to ₹88. Investors can place bids within this range once the issue opens.
The minimum lot size for the H.R.Hygiene Products Ltd. (H.R. Hygiene Products IPO) IPO is 1600 shares. The minimum investment amount ₹1,40,800.
The total issue size of the H.R.Hygiene Products Ltd. (H.R. Hygiene Products IPO) IPO is approximately ₹53.95. Issue size represents the total value of shares offered to the public.
As per the latest available information, the H.R.Hygiene Products Ltd. (H.R. Hygiene Products IPO) IPO has been subscribed data will be available once the issue opens. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the H.R.Hygiene Products Ltd. (H.R. Hygiene Products IPO) IPO is ₹[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of H.R.Hygiene Products Ltd. (H.R. Hygiene Products IPO) are expected to list on stock exchanges on Aug 05, 2026, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the H.R.Hygiene Products Ltd. (H.R. Hygiene Products IPO) IPO are proposed to be used for Our Company proposes to utilize the Net Proceeds from the Fresh Offer towards funding the following objects:, Setting up a new manufacturing facility at Rajkot, Gujarat ('Proposed facility Unit 2'), Prepayment / repayment of Loan, General corporate purposes.
Before applying for the H.R.Hygiene Products Ltd. (H.R. Hygiene Products IPO) IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.
