H.R. Hygiene Products IPO
H.R. Hygiene Products IPO
Overview
H.R. Hygiene Products IPO is a book build issue of ₹53.95 crores. The issue is a combination of fresh issue of 0.49 crore shares aggregating to ₹43.17 crores and offer for sale of 0.12 crore shares aggregating to ₹10.79 crores. H.R. Hygiene Products IPO opens for subscription on Jul 29, 2026 and closes on Jul 31, 2026. The allotment for the H.R. Hygiene Products IPO is expected to be finalized on Aug 3, 2026. H.R. Hygiene Products IPO will list on the BSE SME with a tentative listing date fixed as Aug 5, 2026. H.R. Hygiene Products IPO is set issue price band at ₹83 to ₹88 per share. The lot size for an application is 1,600 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,81,600 (3,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (4,800 shares), amounting to ₹4,22,400. Marwadi Chandarana Intermediaries Brokers Pvt.Ltd. is the book running lead manager and Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is SMC Global Securities Ltd.
Total Shares
61,31,200
Issue Size
₹54 Cr
Price Band
₹83 – ₹88
Lot Size
1600 shares
Min. Investment
₹1,40,800
Max. Investment
₹1,40,800
Open Date
29 Jul, 2026
Close Date
31 Jul, 2026
Allotment
03 Aug, 2026
Listing
05 Aug, 2026
Max. Investment
₹1,40,800
Announced
29 Jul, 2026
Opening Date
29 Jul, 2026
Closing Date
31 Jul, 2026
Basis of Allotment
03 Aug, 2026
Initiation of Refunds
04 Aug, 2026
Credit of Shares
04 Aug, 2026
Listing Date
05 Aug, 2026
Live GMP
Est. Listing: ₹90
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About H.R. Hygiene Products IPO
Incorporated in 2016, H.R. Hygiene Products Limited is engaged in the manufacturing and marketing of hygiene products (sanitary napkins). The company operates under multiple in-house brands Femiss, Womanica, ElderFit, and Bloom Baby designed to address hygiene and personal care needs across various consumer segments, from babies and young women to the elderly. The company’s core business focuses on sanitary napkins, which it manufactures under both its own brands and white-label arrangements
H.R. Hygiene Products IPO Share Price
Issue Breakdown
Shareholding
Dilution: 27.5% increase in shares
H.R. Hygiene Products IPO Financial Health
H.R.Hygiene Products Ltd.'s revenue increased by 15% and profit after tax (PAT) rose by 26% between the financial year ending with March 31, 2026 and March 31, 2025.
H.R. Hygiene Products IPO Lot Size
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 3200 | ₹2,81,600 |
| Individual investors (IND) (Min) | 2 | 3200 | ₹2,81,600 |
| Individual investors (IND) (Max) | 2 | 3200 | ₹2,81,600 |
| S-HNI (Min) | 3 | 4800 | ₹4,22,400 |
| S-HNI (Max) | 7 | 11200 | ₹9,85,600 |
| B-HNI (Min) | 8 | 12800 | ₹11,26,400 |
(All values in CR)
H.R. Hygiene Products IPO Valuations
| Metric | Value |
|---|---|
| ROE | 30.90 |
| ROCE | 24.86 |
| Debt/Equity | 0.51 |
| RoNW | 26.91 |
| PAT Margin | 8.73 |
| EBITDA Margin | 13.07 |
| Price to Book Value | 3.70 |
(All values in CR)
H.R. Hygiene Products IPO Strength & Risk
H.R. Hygiene Products IPO: Strengths
- Strong portfolio of personal hygiene brands across sanitary, baby care, and adult care segments.
- Modern automated manufacturing facility with quality certifications, including ISO, WHO-GMP, and BIS.
- Pan-India distribution network supported by both offline and online sales channels.
- Established brand recognition with products such as Femiss, Womanica, ElderFit, and Bloom Baby.
- Healthy revenue growth and improving profitability in recent years.
- Expansion through a new manufacturing facility is expected to increase production capacity.
- Growing demand for affordable hygiene products provides long-term growth potential.
H.R. Hygiene Products IPO: Risks
- Significant dependence on sanitary napkins for a major share of revenue.
- Operations rely on a single manufacturing facility in Rajkot, Gujarat.
- High geographic concentration of revenue from Gujarat.
- Dependence on purchase orders rather than long-term customer contracts.
- Reliance on a limited number of suppliers for key raw materials.
- Working capital requirements and borrowings may impact cash flows.
- Delay in setting up the new manufacturing unit could affect future growth plans.
H.R. Hygiene Products IPO GMP
H.R. Hygiene Products SME IPO last GMP is ₹2, last updated Jul 28th 2026 07:36 AM. With the upper price band of ₹88.00, H.R. Hygiene Products SME IPO's estimated listing price is ₹90 (cap price + today's GMP). The expected percentage gain/loss per share is 2.27%. >> H.R. Hygiene Products SME IPO Retail Subject to Sauda: ₹2400
Last updated 28 Jul, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 28 Jul, 2026 | 88 | ₹2 | - | ₹90 (2.27%) | 3200 | 28 Jul, 2026 |
| 27 Jul, 2026 | 88 | ₹2 | - | ₹90 (2.27%) | 3200 | 27 Jul, 2026 |
| 26 Jul, 2026 | 88 | ₹2 | - | ₹90 (2.27%) | 3200 | 26 Jul, 2026 |
| 25 Jul, 2026 | 88 | ₹2 | - | ₹90 (2.27%) | 3200 | 25 Jul, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for H.R. Hygiene Products IPO
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