- Issue price
- ₹88per share
- Issue size
- ₹53.95 Cr61,31,200 shares
- Face value
- ₹10per equity share
- Lot size
- 3,200 sharesMin. ₹2.82 L at the upper price
- Anchor biddingTue, 2026
- OpensWed, 2026
- ClosesFri, 2026
- AllotmentTue, 2026Refunds and Demat credit same day
- ListingWed, 2026
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue and offer for sale
- Fresh issue
- 49,05,600 shares (₹43.17 Cr)
- Offer for sale
- 12,25,600 shares (₹10.79 Cr)
- Total issue
- 61,31,200 shares (₹53.95 Cr)
- Market maker portion
- 3,10,400 shares
- Face value
- ₹10
- Listing at
- BSE SME
Source: ProspectusUpdated
Reservation
Share of the total issue- Retail41.5%
- Anchor34.4%
- NII17.8%
- Market maker6.3%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | 20,38,400 | 44.33% | 35% |
| Non-institutional investors (NII) | 8,73,600 | 19.00% | 15% |
| Qualified institutional buyers (QIB) | 29,08,800 | 63.26% | 50% |
| Anchor investors | 16,86,400 | 36.67% | — |
| Market maker | 3,10,400 | — | — |
Source: ProspectusUpdated
Lot size
Amounts at ₹88 per share| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail individual investors | 2 | 3,200 | ₹2.82 L |
Source: ProspectusUpdated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
FY 2025-26- EPS (basic)
- ₹6.41
- RoNW
- 26.91%
- NAV per share
- ₹23.8
- NAV per share (At offer price)
- ₹37.67
- P/E (FY 2025-26 at floor price)
- 12.95×
- P/E (FY 2025-26 at cap price)
- 13.73×
- EBITDA margin
- 13.07%
- PAT margin
- 8.73%
- ROCE
- 24.86%
- Debt to equity
- 0.51
Source: ProspectusUpdated
Financials
Standalone, restated · ₹ crore| Period ended | 31 Mar 202612 months | 31 Mar 202512 months | 31 Mar 202412 months |
|---|---|---|---|
| Revenue from operations | 130.72 | 114.63 | 84.35 |
| Total income | 131.90 | 115.15 | 85.33 |
| EBITDA | 17.08 | 14.77 | 7.58 |
| Profit after tax | 11.41 | 9.08 | 4.66 |
| Net worth | 42.38 | 31.44 | 5.90 |
| Reserves and surplus | 24.58 | 24.31 | 4.15 |
| Total assets | 170.92 | 90.56 | 48.87 |
12 months vs 12 months: revenue +14.0%, profit after tax +25.6%.
Source: ProspectusUpdated
About the company
Manufactures hygiene products, mainly sanitary napkins, and has added adult and baby diapers under several brands. Products are sold across India through dealers and e-commerce platforms, with a manufacturing facility at Rajkot, Gujarat.
- Incorporated
- 2016
- Industry
- Consumer Hygiene Products
- CIN
- U74999GJ2016PLC093028
- Website
- hrhygiene.com
Source: ProspectusUpdated
Promoters and shareholders
| Name | Before issue | After issue | Shares offered |
|---|---|---|---|
| Hemalbhai Babubhai Borsadiya | 25.80% | — | 3,06,400 |
| Borsadiya Binita Hemalbhai | 17.20% | — | 3,06,400 |
| Rahul Kishorbhai Sheradia | 12.90% | — | 3,06,400 |
| Sheradia Parth Damjibhai | 12.90% | — | 3,06,400 |
Source: ProspectusUpdated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Setting up a new manufacturing facility at Rajkot (Unit 2) | 31.36 |
| Prepayment or repayment of loan | 3.57 |
| General corporate purposes | 3.93 |
Source: ProspectusUpdated
Strengths and risks
Our summary of what the offer document statesStrengths
- Fully automated, modern manufacturing plant at Rajkot with ISO 9001:2015, WHO-GMP and BIS certifications.
- Dual-channel distribution through dealers and e-commerce platforms across India.
- Multiple consumer brands, with a national award cited for one brand.
- Pan-India sales presence, with Western India as the largest region.
- Revenue grew from FY 2024 to FY 2026, with rising profit after tax.
Risks
- Revenue is highly concentrated in sanitary napkins, which made up about 95% of FY 2026 revenue.
- The statutory auditor changed in April 2026 after the previous auditor resigned.
- Pending legal and tax proceedings against the company, promoters and group companies could affect finances.
- Net Proceeds for the new plant are not appraised by any bank or financial institution, and the plan may change.
- Demand depends on evolving consumer preferences, and the company's diversification into diapers may not succeed on time.
Source: ProspectusUpdated
Documents
Contacts
Source: ProspectusUpdated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: ProspectusUpdated
After listing
Listing price, day-one high and low, and the change from the issue price (₹88) appear here after the shares list on BSE SME.
Work out the gain or loss on allotted shares after charges and tax →
Frequently asked questions
When does the H. R. Hygiene Products IPO open and close?
According to the Prospectus, the issue opens on Wednesday, 29 July 2026 and closes on Friday, 31 July 2026.
What is the H. R. Hygiene Products IPO price band?
The final issue price is ₹88 per share.
What is the lot size of the H. R. Hygiene Products IPO?
One lot is 3,200 shares, which is ₹2.82 L at ₹88 per share.
Where will H. R. Hygiene Products shares list?
On BSE SME. The tentative listing date is Wednesday, 5 August 2026.
Who is the registrar of the issue?
Purva Sharegistry (India) Private Limited (SEBI registration INR000001112). Allotment status is checked on the registrar's website.
How do I check the H. R. Hygiene Products IPO allotment status?
The basis of allotment is expected to be finalised on Tuesday, 4 August 2026. After that, search by PAN, application number or DP/client ID on the registrar's website (Purva Sharegistry (India) Private Limited) or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹31.36 Cr for setting up a new manufacturing facility at Rajkot (Unit 2), ₹3.57 Cr for prepayment or repayment of loan, ₹3.93 Cr for general corporate purposes.
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Spotted something wrong?
Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.