Hexagon Nutrition IPO 2026: Dates, Price Band, GMP

What’s opening on June 5

Hexagon Nutrition’s mainboard IPO is scheduled to open for subscription on June 5, 2026 and close on June 9, 2026. The offer is described as a book-built public issue with an issue size of ₹138.87 crore in multiple IPO trackers, while some reports round it to ₹139 crore. The IPO has a price band of ₹42 to ₹45 per share, placing it in the lower-price segment of mainboard offerings. The shares are expected to list on BSE and NSE with a tentative listing date of June 12, 2026. For retail investors, the key practical detail is the lot size of 333 shares, which defines the minimum application quantity.

IPO schedule: opening, allotment, listing

The issue timeline is compact, with allotment and credit events planned immediately after the close. The basis of allotment is expected to be finalised on June 10, 2026. Refund initiation and credit of shares are both scheduled for June 11, 2026. The stock is slated to list on June 12, 2026. The bidding cut-off time is stated as June 9, 2026, 5 PM.

Issue size and price band in focus

The offer is widely cited as ₹138.87 crore, and also referenced as ₹139 crore, with a ₹42 to ₹45 price band. At the upper end of the band, the “cap price” used by IPO trackers is ₹45. The pricing and timeline together set the near-term decision window for investors who track book-built offerings. The issue’s structure and grey market readings are being monitored closely because they influence expectations around listing day pricing, even if those expectations can shift quickly.

Offer structure: OFS-only versus fresh issue claims

The provided IPO data includes conflicting descriptions of the offer structure. One section states the issue is a fresh issue of 3.09 crore shares. However, multiple other sections state the IPO consists entirely of an offer for sale (OFS) of up to 30.86 million equity shares (approximately 30,859,704 shares) and does not include any fresh issue component. Those OFS-only descriptions also add that, because there is no fresh issue, Hexagon Nutrition will not receive any proceeds from the IPO.

Given these differences, investors typically rely on the final offer document and exchange filings for confirmation of whether the proceeds flow to the company (fresh issue) or to selling shareholders (OFS). The consistent point across the provided details is that the IPO is positioned as a mainboard book-built issue.

Investor allocation: QIB, retail, and NII split

The allocation mix mentioned for this IPO is 50% for qualified institutional buyers (QIBs), 35% for retail investors, and 15% for non-institutional investors (NIIs). This split matters for application strategy because oversubscription patterns can vary sharply across categories. Retail investors are also typically sensitive to lot size and application amount, while NIIs often track the minimum bid thresholds for sNII and bNII categories.

Lot size and minimum investment

The commonly repeated lot size is 333 shares. At the upper price band of ₹45 per share, the minimum retail application amount works out to ₹14,985. This figure is explicitly stated along with the lot size and price band.

The data also includes minimum bid requirements for NIIs: approximately ₹2.09 lakh for sNIIs and approximately ₹10.04 lakh for bNIIs. These thresholds are presented as category-specific minimums in the provided text. Separately, one fragment mentions a “Bid Lot: 12 Equity Shares”, which conflicts with the 333-share lot size repeated elsewhere, so investors will generally treat the 333-share figure as the primary reference in these materials while verifying in the final bid details.

Grey market premium (GMP): mixed signals

The grey market readings in the provided material are not uniform. One tracker cites the last GMP as ₹10, last updated June 4, 2026 at 07:54 AM, and uses that to estimate a listing price of ₹55 (₹45 cap price plus ₹10 GMP), implying an expected gain of 22.22%. Another section states there has been no grey market activity so far and cites a GMP of ₹0, indicating an expected listing around the issue price. Elsewhere, GMP is also referenced as ₹8 and as ₹10.

Because GMP is an unofficial market indicator, different websites can show different numbers depending on timing and reported trades. The practical takeaway from the provided data is that sentiment indicators ranged from no premium (₹0) to a double-digit premium (₹10) ahead of the issue opening.

What investors typically track into allotment and listing

With the bidding window running from June 5 to June 9, investors generally watch subscription data category-wise, along with any changes in grey market readings reported by trackers. The allotment date of June 10 and the listing date of June 12 make this a short cycle IPO from close to listing. For applicants, the key operational steps remain the same: bid during market hours before the cut-off time on June 9 (5 PM), then track allotment status and demat credit on the following dates.

Why the offer structure matters for proceeds

The provided text includes an explicit point: if the issue is OFS-only, then Hexagon Nutrition will not receive any proceeds from the IPO. That distinction can influence how investors interpret the stated objective of the IPO and the use of funds. Conversely, the separate mention of a fresh issue of 3.09 crore shares suggests the possibility of proceeds flowing to the company, but this conflicts with the OFS-only descriptions also included in the same dataset. The most important actionable point for investors is to confirm the final structure and share counts from the official documents before placing large bids.

Summary of the key IPO details

Hexagon Nutrition IPO opens June 5, 2026, closes June 9, 2026, and is expected to list on BSE and NSE on June 12, 2026. The price band is ₹42 to ₹45, and the retail lot size is 333 shares, translating to a minimum investment of ₹14,985 at the upper band. The offer is widely described as a book-built mainboard issue of ₹138.87 crore, with allocation reserved for QIBs (50%), retail (35%), and NIIs (15%). Grey market indicators in the provided material range from ₹0 to ₹10, reflecting mixed sentiment just ahead of the opening.