H.R. Hygiene Products IPO: July 29 Launch, ₹53.95 Cr Target
By Business Desk
H.R. Hygiene Products’ IPO opens July 29, 2026, aiming to raise ₹53.95 Cr. Priced at ₹83-₹88, listing on BSE SME August 5. Details inside.
H.R. Hygiene Products’ initial public offering is set to open for subscription on July 29, 2026, aiming to raise approximately ₹53.95 crores through a Bookbuilding Issue. The offering will close on July 31, 2026, with shares listing on BSE SME by August 5, 2026.
Key IPO Details and Allocation
The Bookbuilding Issue comprises a fresh issue of ₹43.17 crores and an offer for sale of up to 1,225,600 equity shares. Each share carries a face value of ₹10, with the price band fixed between ₹83 and ₹88 per share.
- IPO Open Date: July 29, 2026
- IPO Close Date: July 31, 2026
- Total Issue Size: Approximately ₹53.95 crores
- Price Band: ₹83 to ₹88 per share
- Minimum Market Lot: 3200 shares, requiring an application of ₹2,81,600
- Retail Investor Allocation: 35%
- Qualified Institutional Buyers (QIBs) Allocation: 50%
- High Net-worth Individuals (HNIs) Allocation: 15%
- Anchor Investor Bidding: July 28, 2026, for 1,686,400 shares
Financial Performance and Proceeds Use
H.R. Hygiene Products reported a revenue of ₹131.90 crores in 2026, marking an increase from ₹115.15 crores in 2025. Profit also grew to ₹11.41 crores in 2026, up from ₹9.08 crores the previous year.
The company’s key financial metrics for FY2026 included a Return on Equity (ROE) of 30.90%, Return on Capital Employed (ROCE) of 24.86%, and a PAT Margin of 8.73%. Promoters Hemal Babubhai Borsadiya, Rahul Kishorbai Sheradia, Borsadiya Binita Hemalbhai, and Sheradia Parth Damjibhai hold 68.80% pre-issue.
Proceeds from the IPO are earmarked for setting up a new manufacturing facility in Rajkot, Gujarat, utilizing ₹31.36 crores. An additional ₹3.57 crores is allocated for prepayment or repayment of loans, with the remaining funds designated for general corporate purposes.