H.R.Hygiene Products IPO
GMP, Subscription, Price, Dates & Financial Details
Personal Hygiene Products
H.R. Hygiene Products Limited was incorporated in 2016 and is engaged in the manufacturing and marketing of hygiene and personal care products. The company primarily manufactures sanitary napkins under its own brands as well as through white-label manufacturing for select customers. Over the years,…
Open Date
Wed, 29 Jul 2026
Close Date
Fri, 31 Jul 2026
Price Band
₹ 83 – 88
Lot Size
1600
Issue Size
₹ 53.95 Cr
Minimum Investment
₹ 281,600 (3200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
H.R.Hygiene Products IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹54 Crore, comprising a fresh issue of 45.95 Lakh equity shares aggregating to ₹43.17 Crore and an offer for sale (OFS) of 12.26 Lakh equity shares aggregating to ₹10.79 Crore by the existing shareholders.
The H.R.Hygiene Products IPO remained open for subscription from July 29, 2026, to July 31, 2026. The basis of allotment was finalized on August 03, 2026, and the company's shares were listed on BSE SME Platform on August 05, 2026.
The company had fixed the price band at ₹83 to ₹88 per share, with a lot size of 1600 shares. Retail investors were required to make a minimum investment of ₹281,600 (based on the upper price band) to apply for one lot.
Purva Sharegistry India Pvt Ltd served as the registrar to the issue. Marwadi Chandarana Intermediaries Brokers Pvt. Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, H.R. Hygiene Products Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
H.R.Hygiene Products IPO Timeline (Tentative)
- IPO Open Date
- Wed, 29 Jul 26
- IPO Close Date
- Fri, 31 Jul 26
- Basis of Allotment
- Mon, 03 Aug 26
- Initiation of Refunds
- Tue, 04 Aug 26
- Credit of Shares to Demat
- Tue, 04 Aug 26
- Listing Date
- Wed, 05 Aug 26 — NSE & BSE
Open Date
29 July 2026
Close Date
31 July 2026
Basis Of Allotment
03 August 2026
Listing Date
05 August 2026
IPO Subscription
Check Live Subscription →The H.R.Hygiene Products IPO has received bids for 2,78,20,800 shares against 41,34,400 shares offered, resulting in an overall subscription of 6.73x. the NII category is subscribed 12.19x, Retail Investors 6.74x, and QIBs 2.81x. Within the NII category, BNII is subscribed 12.93x, while SNII is subscribed 10.71x.
QIB
2.81x
NII
12.19x
BNII
12.93x
SNII
10.71x
RII
6.74x
Total
6.73x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 20,38,400 shares, representing 49.3% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 12,22,400 shares (29.57%), while Non-Institutional Investors (NIIs) receive 8,73,600 shares (21.13%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Qualified Institutions | 1,222,400 | 29.57% |
| Non-Institutional | 873,600 | 21.13% |
| BNII | 582,400 | 14.09% |
| SNII | 291,200 | 7.04% |
| Retail Investors | 2,038,400 | 49.3% |
| Total | 4,134,400 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 170.92 | 90.56 | 48.87 |
| Revenue | 131.9 | 115.15 | 85.33 |
| Profit After Tax | 11.41 | 9.08 | 4.66 |
| Net Worth | 42.38 | 31.44 | 5.9 |
| Reserve & Surplus | 24.58 | 24.31 | 4.15 |
| Total Borrowings | 21.53 | 21.19 | 24.68 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
H.R. Hygiene Products Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 30.9 | 47.78 | 134.27 |
| ROCE % | 24.86 | 32.3 | 41.17 |
| Debt / Equity | 0.51 | 0.67 | 3.95 |
| RoNW % | 26.91 | 28.58 | 80.35 |
| Pat Margin % | 8.73 | 7.87 | 5.93 |
Peers Comparison
No Peer Comparision Available
About H.R. Hygiene Products Limited
H.R. Hygiene Products Limited was incorporated in 2016 and is engaged in the manufacturing and marketing of hygiene and personal care products. The company primarily manufactures sanitary napkins under its own brands as well as through white-label manufacturing for select customers. Over the years, it has expanded its portfolio to include female care, adult care, and baby care products, catering to a broad spectrum of consumer needs.
Product Portfolio
As of March 31, 2026, H.R. Hygiene Products offered products across female hygiene, adult care, and baby care segments, serving individual consumers, healthcare institutions, and commercial clients through both B2B and B2C channels. Its products are priced between ₹10 and ₹1,000 per pack, making them accessible across multiple consumer segments.
The company's portfolio includes the following in-house brands:
- Femiss – Affordable sanitary napkins designed for everyday feminine hygiene.
- Womanica – Premium sanitary napkins featuring enhanced absorbency and superior comfort.
- ElderFit – Adult care products, including absorbent adult diapers for elderly and incontinence care.
- Bloom Baby – Baby diapers developed to provide comfort, skin protection, and reliable absorbency.
Distribution Network
H.R. Hygiene Products has established a pan-India distribution network supported by both offline and online sales channels. Its offline presence is driven by an extensive network of Consignment Sale Agents (CSAs) and distributors, while its online products are available on leading e-commerce platforms such as Meesho, Amazon, GlowRoad, Flipkart, Snapdeal, and JioMart.
As of March 31, 2026, the company operated through:
- 25 Consignment Sale Agents (CSAs)
- 202 distributors
- A dedicated sales and marketing team of over 99 personnel
The company served a diversified customer base of more than 227 customers across 28 states and 8 union territories, reducing its dependence on any single customer or region.
Manufacturing Facility
The company's manufacturing facility is located in Rajkot, Gujarat, where it produces its hygiene products with the capacity to efficiently serve customers across India.
Employee Strength
As of May 31, 2026, H.R. Hygiene Products Limited employed 144 people, supporting its manufacturing, sales, marketing, and operational activities nationwide.
H.R.Hygiene Products IPO Promoters
- Hemal Babubhai Borsadiya
- Rahul Kishorbai Sheradia
- Borsadiya Binita Hemalbhai
- Sheradia Parth Damjibhai
Promoters Holding
Holding Pre Issue
68.80%
Holding Post Issue
48.53%
H.R.Hygiene Products IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Setting up a new manufacturing facility at Rajkot, Gujarat (“Proposed facility Unit 2”)
- Prepayment / repayment of Loan
- General Corporate Purposes
H.R. Hygiene Products Limited Address / Contact Details
H.R.Hygiene Products Ltd.
Survey No.125/P2/P2
Plot no. 1 to 3
Village: Lothada
Rajkot, Gujarat, 360002
Tel. No: +91 6354554191
Email Id: compliance@hrhygiene.com
Website: https://www.hrhygiene.com/
IPO Snapshot
H.R.Hygiene Products IPO Lot Size
The H.R.Hygiene Products IPO has a lot size of 1,600 shares. Retail investors require a minimum investment of ₹2,81,600 by applying for 2 lot (3,200 shares). The maximum application allowed for the retail category is 2 lots (3,200 shares), requiring an investment of ₹2,81,600.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 281,600.00 |
| Retail (Max) | 2 | 3,200 | 281,600.00 |
| S-HNI (Min) | 3 | 4,800 | 422,400.00 |
| S-HNI (Max) | 7 | 11,200 | 985,600.00 |
| B-HNI (Min) | 8 | 12,800 | 1,126,400.00 |
Issue Reservation
- QIB — 29.57%
- NII — 21.13%
- RII — 49.3%
Book Running Lead Managers
- Marwadi Chandarana Intermediaries Brokers Pvt. Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the H.R.Hygiene Products IPO?
H.R.Hygiene Products IPO is a Book-building IPO with a total issue size of ₹53.95 crore. The H.R.Hygiene Products IPO price band is ₹83 to 88 per share. The H.R.Hygiene Products IPO subscription opens on Wed, Jul 29, 2026, and closes on Fri, Jul 31, 2026. The H.R.Hygiene Products IPO will be listed on the BSE. Purva Sharegistry India Pvt Ltd is the registrar for the H.R.Hygiene Products IPO.
When will the H.R.Hygiene Products IPO open for subscription?
The H.R.Hygiene Products IPO opens on Wed, Jul 29, 2026 and closes on Fri, Jul 31, 2026
What is H.R.Hygiene Products IPO Price Band?
H.R.Hygiene Products IPO Price Band is ₹83 to 88 per share.
What is H.R.Hygiene Products IPO Lot Size?
H.R.Hygiene Products IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹281600 based on the upper price band
What is the minimum investment for H.R.Hygiene Products IPO?
The minimum investment for H.R.Hygiene Products IPO is ₹281600, based on one lot of 1600 shares at the upper price band of ₹88 per share.
How to apply for H.R.Hygiene Products IPO?
Investors can apply for the H.R.Hygiene Products IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Jul 31, 2026. The application amount remains blocked until the H.R.Hygiene Products IPO allotment is finalized.
What is H.R.Hygiene Products IPO Issue Size?
H.R.Hygiene Products IPO issue size is ₹53.95 crores.
What is the H.R.Hygiene Products IPO Allotment Date?
H.R.Hygiene Products IPO allotment date is Mon, Aug 3, 2026.
Who is the H.R.Hygiene Products IPO Registrar?
The registrar for H.R.Hygiene Products IPO is Purva Sharegistry India Pvt Ltd. Investors can go to Purva Sharegistry India Pvt Ltd website to check H.R.Hygiene Products IPO allotment status, refund processing, and other IPO-related information.
What is the H.R.Hygiene Products IPO GMP?
The H.R.Hygiene Products IPO GMP (Grey Market Premium) is ₹2 as of Mon, Jul 27, 2026. Based on the upper price band of ₹88 per share, the estimated H.R.Hygiene Products IPO listing price is ₹90, indicating a potential listing gain of approximately 2.27% over the issue price.
Who is the H.R.Hygiene Products IPO Lead Manager?
The book-running lead managers (BRLMs) for the H.R.Hygiene Products IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the H.R.Hygiene Products IPO Red Herring Prospectus (RHP).