Hexagon Nutrition IPO Subscribed 53.54 Times on Day 3

Hexagon Nutrition Limited's initial public offering (IPO) closed its three-day subscription window at 53.54 times overall subscription by 5:04 PM on Day 3 (June 9, 2026). The ₹138.87 crore offer for sale, priced at ₹42 to ₹45 per share, received bids for 1,15,65,30,312 shares against 2,16,02,008 shares on offer, with total applications reaching 7,65,770.

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Subscription Status of Hexagon Nutrition IPO

Here are the subscription details for Hexagon Nutrition IPO Day 3, as of 5:04 PM:

Key Highlights – Day 3

• Overall subscription surged to 53.54 times on the final day, from Day 2's 4.60 times, driven by a sharp last-day surge in institutional and NII demand.
• Non-institutional investors led with exceptional demand at 161.28 times, surging from Day 2's 6.70 times, with bNII at 183.16 times and sNII at 117.52 times, reflecting extraordinary HNI appetite for this nutrition company IPO on the closing day.
• Qualified institutional buyers (ex-anchor) surged to 19.77 times from Day 2's 0.17 times, indicating heavy institutional interest concentrated on the closing day.
• Retail investors improved to 26.66 times from Day 2's 6.22 times.
• Total applications reached 7,65,770 on Day 3.

Key Highlights – Day 2

• Overall subscription reached 4.56 times, improving sharply from Day 1's 1.65 times, driven by strong growth across retail and NII categories.
• Non-institutional investors improved to 6.69 times from Day 1's 2.03 times, with sNII at 9.97 times and bNII at 5.04 times, reflecting strong HNI demand for this nutrition company IPO.
• Retail investors improved to 6.16 times from Day 1's 2.43 times, showing sustained strong retail interest.
• Qualified institutional buyers (ex-anchor) improved marginally to 0.17 times from no participation on Day 1.
   

Key Highlights – Day 1

• Overall subscription crossed full subscription at 1.64 times on Day 1 (June 5, 2026), reflecting strong initial investor interest in this nutrition company IPO.
• Retail investors led opening participation at 2.41 times on Day 1, indicating strong demand from individual investors for this wellness and clinical nutrition company.
• Non-institutional investors crossed full subscription at 2.02 times, with sNII at 3.43 times and bNII at 1.32 times on Day 1.
• Qualified institutional buyers (ex-anchor) showed no participation on Day 1.

About Hexagon Nutrition Limited

Incorporated in 1993, Hexagon Nutrition Limited is a research-driven nutrition company engaged in developing and manufacturing micronutrient premixes, branded wellness and clinical nutrition products, therapeutic formulations, and ready-to-use foods. The company operates three manufacturing facilities in India at Nasik, Chennai, and Thoothukudi, and an international unit in Tashkent, Uzbekistan, with exports to more than 75 countries across Asia, Africa, Europe, and South America. It distributes through over 358 distributors across India and maintains an omnichannel presence through retail pharmacies, hospital networks, and e-commerce platforms.