Hexagon Nutrition IPO 2026: Dates, Band, Issue Size

Mainboard IPO calendar turns active again

After a quiet period of about a month for mainboard activity, Mumbai-based Hexagon Nutrition is set to kick off the June IPO calendar. The company, described as a research-oriented, pure-play nutrition player, has announced key dates and pricing details for its public issue.

Hexagon Nutrition’s IPO is structured entirely as an offer-for-sale (OFS). That means the company will not receive proceeds from the issue, and the money raised will go to the selling shareholders.

IPO dates: anchor, opening, closing, and listing schedule

The public subscription window for the IPO opens on Friday, June 5, 2026 and closes on Tuesday, June 9, 2026. The one-day anchor book opens on Thursday, June 4, 2026.

Post-issue, the company is scheduled to finalise the basis of allotment by June 10, 2026. The equity shares are expected to be available for trading from June 12, 2026.

The proposed listing is on both BSE and NSE, with NSE as the designated stock exchange.

Price band and face value

Hexagon Nutrition has fixed the IPO price band at Rs 42 to Rs 45 per equity share. The shares have a face value of Re 1.

At the upper end of the band, the total issue size is calculated at about Rs 138.87 crore, based on the number of shares offered for sale.

Issue structure: 100% offer for sale

The IPO consists entirely of an offer-for-sale of up to 3.08 crore equity shares (reported as 30,859,704 equity shares) by existing shareholders, including promoter and promoter-group shareholders.

Because there is no fresh issue component, Hexagon Nutrition does not raise primary capital through this IPO. The transaction primarily provides an exit route or partial monetisation opportunity for existing shareholders.

Issue size and valuation at the upper price band

At the upper price band of Rs 45, the issue is expected to aggregate up to Rs 138.87 crore. The company’s valuation has been reported at Rs 553.1 crore at this upper band.

These figures are central for investors tracking how the market is pricing the business at listing compared with its recent financial performance.

Minimum bid, lot size, and retail application amount

Investors can bid for a minimum of 333 equity shares and in multiples thereafter. At the top end of the price band, one retail lot works out to approximately Rs 14,985 (333 shares multiplied by Rs 45).

This minimum application amount is a key practical detail for retail participants planning allocations across IPOs.

Who is managing the issue

The book running lead managers (BRLMs) for the IPO are Cumulative Capital and Catalyst Capital Partners.

The issue is a book-built offering, and the anchor investor portion is scheduled a day before the public subscription opens.

Reservation and allocation highlights mentioned

The article text indicates the following allocation structure points:

• Up to 60% of the QIB portion may be allocated to Anchor Investors
• At least 15% is reserved for Non-Institutional Investors (NIIs)
• A minimum of 35% is earmarked for Retail Individual Investors (RIIs)
• Within institutional allocations, portions are reserved for domestic mutual funds, life insurance companies, and pension funds, in line with SEBI norms

These details matter because they shape how the demand from different investor classes can translate into allotment outcomes.

Financial snapshot cited in the report

The article reports that Hexagon Nutrition recorded total income of Rs 331.28 crore and profit of Rs 24.38 crore in FY25. This provides a recent reference point for investors looking to compare the offered valuation with the company’s reported earnings and income scale.

No additional financial metrics were provided in the supplied text, and the IPO note in the report focuses mainly on dates, structure, and pricing.

Key facts table

Timeline table: what happens when

Market impact: what investors should note from the structure

The most immediate implication of this IPO is that it is a pure OFS. As stated in the report, the proceeds are directed to selling shareholders, not the company, because there is no fresh issue. That structure can influence how investors interpret the IPO’s purpose, since it does not add new capital to the balance sheet.

At the same time, the listing is expected to improve market visibility, with trading on both BSE and NSE. The combination of a defined price band, stated lot size, and a relatively compact subscription window provides a clear timetable for investors.

Why this IPO matters for the June primary market calendar

Hexagon Nutrition is positioned as the first mainboard IPO expected to open in June, following a quieter stretch. The announcement brings a set of near-term dates for investors tracking upcoming offerings.

For the broader market, the key disclosed points are the Rs 42-45 price band, the Rs 138.87 crore issue size at the top end, and the valuation of Rs 553.1 crore. Investors will watch the book-building process, including the anchor portion, for early signals on demand.

Conclusion

Hexagon Nutrition’s IPO opens June 5, 2026, with anchor bidding on June 4, a Rs 42-45 price band, and a 100% OFS of about 3.08 crore shares. The basis of allotment is scheduled for June 10, and shares are expected to list on June 12 on BSE and NSE, with NSE as the designated exchange.