Hexagon Nutrition Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch its Initial Public Offering (Hexagon Nutrition IPO).
The Hexagon Nutrition IPO will be a pure Offer for Sale (OFS) of up to 3,08,59,704 equity shares by existing shareholders. The company itself will not receive any proceeds from the issue.
Company Overview
Hexagon Nutrition is a holistic nutrition solutions provider operating across three verticals – branded nutrition (B2C), premix formulations (B2B2C), and therapeutic nutrition products (ESG segment).
The company manages the entire value chain, from research and product development to manufacturing and marketing, with a strong emphasis on quality.
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Market Position
According to a CARE Report, the company is among India’s largest premix players, supplying customized vitamin and mineral premixes to leading domestic and multinational FMCG companies.
It is also one of the largest licensed suppliers of Micronutrient Powders (MNPs) under UN programmes, contributing to global food fortification and public health initiatives.
Hexagon Nutrition IPO: Offer Details
The Hexagon Nutrition IPO will consist of an Offer for Sale of up to 3,08,59,704 equity shares of face value ₹1 each by selling shareholders, including promoters and members of the promoter group.
- Arun Purushottam Kelkar: up to 15,36,477 equity shares
- Subhash Purushottam Kelkar: up to 2,41,88,993 equity shares
- Nutan Subhash Kelkar: up to 36,08,142 equity shares
- Aditya Kelkar: up to 15,26,092 equity shares
Also Read: World Food India 2025 Concludes with INR 1.02 Lakh Crore MoUs in Food Processing
The objectives of the offer are to facilitate the Offer for Sale and achieve the benefits of listing equity shares on Indian stock exchanges.
Hexagon Nutrition IPO: Lead Managers
Cumulative Capital Private Limited and Catalyst Capital Partners Private Limited have been appointed as the Book Running Lead Managers for the Hexagon Nutrition IPO.
