Hexagon Nutrition IPO subscribed 2.47x on Day 2; GMP signals ~14% listing pop
The Rs 138.87 crore IPO at Rs 42-45 band drew 2.47x demand by Day 2, with grey market premium at Rs 6.5 pointing to a ~14% listing gain. Hexagon, a micronutrient premix and clinical nutrition player, posted FY25 income of Rs 331.29 crore and PAT of Rs 24.38 crore. Lists June 12 on NSE/BSE.
Hexagon Nutrition's Rs 138.87 crore IPO subscribed 2.47x by day 2, with GMP at Rs 6.5 indicating ~14% listing gains. The nutrition company, focused on micronutrient premixes and clinical nutrition, lists June 12 on NSE/BSE.