Hexagon Nutrition IPO: Check Status, Subscription Details, and Listing Outlook

The share allotment process for the Hexagon Nutrition IPO is expected to be completed soon, providing clarity to the thousands of investors participating in the issue. The overwhelming response received during the bidding period has made allotment extremely competitive, with only a small proportion of applicants likely to receive shares.

Hexagon Nutrition IPO

Hexagon Nutrition Limited’s IPO was open from June 5 to June 9, and saw strong interest from investors across all categories. The company offered shares in the price band of ₹42 to ₹45, with a minimum lot size of 333 shares. Through this offer-for-sale, the company aimed to raise approximately ₹139 crore.

By the end of the subscription period, the IPO was oversubscribed 53.68 times, demonstrating clear demand in the market. Investors submitted over 7.71 lakh applications, with total bids exceeding ₹5,200 crore. The portion reserved for non-institutional investors saw the highest demand, being subscribed 161.49 times, while retail investors booked their quota 26.85 times. Qualified institutional buyers also showed a strong participation, with 19.77 times subscription.

Due to this high demand, the chances of getting shares remain very low for most investors. In the retail category, only one in every 21 applicants is expected to receive a lot of 333 shares, giving a probability of approximately 4.76 percent. The situation is even more difficult in the high net-worth individual category, where the chances in some cases drop to less than 3 percent.

This limited allotment reflects intense competition and growing interest in IPO investing, especially in health and nutrition-related sectors.

Despite strong subscription numbers, gray market premiums have declined compared to previous levels. The shares are currently trading at a premium of around ₹4.5 in the unofficial market, indicating a listing gain of 9 to 11 percent. Before the IPO opened, the premium was around ₹12, indicating that market expectations have slightly decreased.

Nevertheless, a positive premium suggests that investors may see modest gains when the stock lists, depending on overall market conditions at that time.

About Hexagon Nutrition

Started in 1993 and based in Mumbai, Hexagon Nutrition operates as a research-focused company in the nutrition space. It develops and manufactures products such as micronutrient premixes, clinical nutrition solutions, wellness products, and ready-to-use food items. Its diversified portfolio allows it to serve both the healthcare and consumer markets.

The company’s focus on research and product development has helped it establish a strong presence in the nutrition industry over the past few years.

The refund process and share credits to successful applicants are expected to be completed by June 11. The shares are scheduled to be listed on both the Bombay Stock Exchange and the National Stock Exchange on June 12, 2026.

Investors can check their allotment status through the official exchange website or KFin Technologies Limited, which is handling the process. This step will confirm whether the shares have been allotted or refunds will be issued.