31 Mar 2024
Assets48.87
Total Income85.33
EBITDA7.58
Profit After Tax4.66
NET Worth5.90
Reserves and Surplus4.15
Total Borrowing24.68
At a glance
Updated 2026-09-09The shares listed at ₹90.00, a 2.27% move from the issue price. H.R. Hygiene Products is a SME IPO with an issue size of ₹53.95 crore, proposed for listing on BSE SME. The offer opens on 29th Jul 2026 and closes on 31st Jul 2026. The issue structure includes a fresh issue of ₹40.44 crore and an offer-for-sale component of ₹10.79 crore. The current listing schedule points to 5th Aug 2026.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹53.95 Cr
Fresh issue₹40.44 Cr
Offer for sale₹10.79 Cr
Face value₹10
Price band₹83.00–₹88.00
Allotment3rd Aug 2026
Listing5th Aug 2026
Listing performance
Full performance ↗Issue price₹88.00
Listing price₹90.00
Current price—
Listing gain2.27%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹1.00
GMP / upper price1.14%
Est. listing₹89.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens29th Jul 2026
Closes31st Jul 2026
Allotment3rd Aug 2026
Refund4th Aug 2026
Demat4th Aug 2026
Listing5th Aug 2026
Subscription demand
Full bidding ↗QIB2.81×
sHNI10.71×
bHNI8.43×
NII / HNI8.43×
Retail6.74×
Total6.65×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 3200 | ₹281,600 |
Reservation
Issue mix
QIB47.44%29,08,800 shares
− Anchor Investor27.51%16,86,400 shares
− QIB (Ex. Anchor)19.94%12,22,400 shares
NII (HNI)14.25%8,73,600 shares
− bNII > ₹10L9.50%5,82,400 shares
− sNII < ₹10L4.75%2,91,200 shares
Retail33.25%20,38,400 shares
Firm Reservations
Market Maker5.06%3,10,400 shares
Total100.00%61,31,200 shares
Company
Use of proceeds
| Object | Amount |
|---|---|
| Setting up a new manufacturing facility at Rajkot, Gujarat (Proposed facility Unit 2) | ₹31.36 Cr |
| Prepayment / repayment of Loan | ₹3.57 Cr |
| General Corporate Purposes | ₹3.93 Cr |
| Issue Expenses | ₹5.40 Cr |
| Total | ₹44.25 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue131.90₹ Cr · +14.5% vs prior year
EBITDA17.08₹ Cr · +15.6% vs prior year
PAT11.41₹ Cr · +25.7% vs prior year
Assets170.92₹ Cr · +88.7% vs prior year
Net Worth42.38₹ Cr · +34.8% vs prior year
Borrowing21.53₹ Cr · +1.6% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2025
Assets90.56
Total Income115.15
EBITDA14.77
Profit After Tax9.08
NET Worth31.44
Reserves and Surplus24.31
Total Borrowing21.19
31 Mar 2026
Assets170.92
Total Income131.90
EBITDA17.08
Profit After Tax11.41
NET Worth42.38
Reserves and Surplus24.58
Total Borrowing21.53
KPIs
| KPI | Mar 31, 2026 |
|---|---|
| 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 | 3.7 |
Valuation & shareholding
Pre-IPO EPS6.41
Post-IPO EPS5.02
Pre-IPO P/E13.73
Post-IPO P/E17.53
Promoter holding pre68.80%
Promoter holding post48.54%
Market cap₹199.87 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| H. R. Hygiene Products IPO | — | 17.53 x | — | — |
| Ravelcare Limited IPO | — | 13.95 x | — | — |
| Anondita Medicare IPO | — | 15.98 x | — | — |
| Medistep Healthcare IPO | — | 14.74 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Setting up a new manufacturing facility at Rajkot, Gujarat (Proposed facility Unit 2) | ₹31.36 Cr |
| Prepayment / repayment of Loan | ₹3.57 Cr |
| General Corporate Purposes | ₹3.93 Cr |
| Issue Expenses | ₹5.40 Cr |
| Total | ₹44.25 Cr |
Registrar & lead managers
Registrar
Purva Sharegistry (India) Pvt.Ltd.Lead managers
- Marwadi Chandarana Intermediaries Brokers...
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-09.
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