When does the IPO open for subscription?

The IPO opens on 27 March 2026 and closes on 8 April 2026.

What is the price band of the IPO?

The price band is set at Rs 93 to Rs 98 per equity share.

What is the lot size and minimum investment?

Lot size is 1,200 shares. Minimum retail investment at the upper band is Rs 1,17,600.

When is the allotment date and listing date?

Allotment is expected on 9 April 2026 and listing on 13 April 2026 on BSE SME.

What is the GMP (Grey Market Premium) and what does it indicate?

GMP reflects the unofficial premium at which IPO shares trade before listing; it signals demand but is not a guaranteed listing price.

How do I apply for this IPO?

You can apply via UPI through your broker app (Zerodha, Groww, Angel One, Upstox) using ASBA.

How can I check the allotment status?

Once allotment is finalised, check status on the registrar's portal or BSE / NSE allotment page using your PAN or application number.

Should I subscribe to this IPO?

Review the company fundamentals, valuation, subscription levels, GMP trend and expert reviews on this page before deciding.

Hexagon Nutrition Limited IPO

Nutrition / Pharmaceuticals - Acme Technologies Ltd provides enterprise software and cloud services to Indian SMBs

UpcomingMainboard5 Jun - 9 Jun, 2026

Price Band

Rs 42 - 45

Cut-off: Rs 45 per share

Lot: 333 - Min Rs 14,985

Open

05 Jun 2026

Last Day

09 Jun 2026

Allotment

10 Jun 2026

Listing

12 Jun 2026

GMP Today

5m ago

Rs 0

0% premium

Refresh in --:--

Est. Listing Price

GMP Based

Rs 45

Issue Price + GMP (Dynamic)

Est. Profit (1 Lot)

GMP Based

+Rs 0

+0.0% (333 shares)

Subscription

Not open

IPOGyani AI Engine - Live Prediction

+3%

Range: +0% to +7%

Confidence: Moderate - 52%

Confidence Score - 52%

📈 GMP Trend⚓ Anchor Quality🧠 Sentiment 52/100📊 Sub 0x🏭 Nutrition / Pharmaceuticals

Next refresh: --:---Updated: --:-- IST-Model: IPOGyani v2.1

Live Subscription Tracker

Real-time subscription data

Subscription data will appear when IPO opens

Current IPO Status: upcoming

About Hexagon Nutrition Limited

Nutrition / Pharmaceuticals

Acme Technologies Ltd was incorporated in 2001 and operates in the IT services sector with a focus on enterprise software, cloud hosting and managed services for Indian SMBs.

The promoters have over 20 years of collective experience. The company serves 450+ clients across BFSI, retail and manufacturing and has delivery centres in Bengaluru and Pune.

About Hexagon Nutrition Limited IPO

Issue structure, view & risks

The issue comprises a fresh issue of Rs 100 Cr at a price band of Rs 93-98 per share, implying a post-issue market cap of around Rs 600 Cr.

Proceeds will fund working capital, cloud infra expansion and branding. At the upper band, the IPO is valued at a P/E of about 22x FY25 earnings, broadly in line with listed IT SME peers. Key strengths include debt-free balance sheet and 35%+ RoE; key risks include client concentration and SME liquidity.

Issue Details

Total Issue Size

Rs 150 Cr

3,33,33,333 shares

Price Band

Rs 42 - 45

Fresh Issue vs OFS

Fresh Issue

Rs 100 Cr (67%)

OFS

Rs 50 Cr (33%)

Basic Details

IPO Date

05 Jun 2026 - 09 Jun 2026

Listing Date

12 Jun 2026

Lot Size

333 Shares

Min Investment

Rs 14,985

Listing At

Mainboard

Reservation Quota

QIB

50%

Retail

35%

NII

15%

Lead Manager

Cumulative Capital Pvt.Ltd.

Registrar

Kfin Technologies Ltd.

Objects of the Issue (as per DRHP)

1Working capital requirements
2Repayment of borrowings
3Capital expenditure for expansion
4General corporate purposes

Key Performance Indicator (KPI)

KPI	Dec 31, 2025	Mar 31, 2025
ROE	24.28%	35.83%
ROCE	26.53%	41.76%
Debt/Equity	0.32	0.26
RoNW	19.50%	30.40%
PAT Margin	8.45%	7.84%
EBITDA Margin	12.38%	12.66%
Price to Book Value	5.93

Check IPO Peer Comparison here.

	Pre IPO	Post IPO
EPS (Rs)	8.28	9.10
P/E (x)	21.13	19.23
Promoter Holding	92.26%	68.92%
Market Cap	Rs 599.29 Cr.

Kalpesh Dhanjibhai Patel, Kanubhai Patel and Vasantkumar are the company's promoters.

Company Financials

Revenue Growth

20.8% YoY

FY23

Rs 5.38 Cr

FY24

Rs 7.82 Cr

FY25

Rs 9.45 Cr

Other Financial Metrics

EBITDA (FY25)

Rs 1.52 Cr

17.8% YoY

ROE

40.26%

Return on Equity

ROCE

46.85%

Return on Capital

Debt/Equity

0.15

Low Debt

2-Year CAGR

Revenue CAGR32.5%

Profit CAGR70.7%

P/E Ratio

19.23x

At upper band

Market Cap

Rs 599 Cr

Post issue

MARKET SENTIMENT SCORE

100

+52

Neutral

Based on expert reviews, GMP trends & market signals

Expert Reviews & Opinions

Expert reviews for Hexagon Nutrition Limited IPO will appear here once available.

Reviews are summarized from YouTubers, analysts, news channels, and brokerage firms using AI.

Peer Comparison

Comparing with 2 listed peers

IPO P/E Ratio

19.23x

vs Peer Avg: 59.6x

IPO Market Cap

Rs 599 Cr

Peer Avg: 75.3K Cr

IPO ROE

24.28%

vs Peer Avg: 19.1%

Peer Avg P/B

10.3x

Price-to-Book ratio

Company	Market Cap	Revenue	PAT	P/E	P/B	ROE
HN Hexagon Nutrition LimitedIPO	Rs 599 Cr	Rs 9.45 Cr	Rs 0.67 Cr	19.23x	-	24.28%
KEI Industries	38.5K Cr	8.2K Cr	580 Cr	66.4x	11.2x	18.7%
Polycab India	1L Cr	20.5K Cr	1.8K Cr	52.8x	9.4x	19.5%
Peer Average	75.3K Cr	14.4K Cr	1.2K Cr	59.6x	10.3x	19.1%

Quick Analysis

Hexagon Nutrition Limited's P/E of 19.23x is lower than the peer average of 59.6x, suggesting relatively attractive valuation.
ROE of 24.28% is above peer average (19.1%), indicating better return on equity.
Market cap post-listing would place Hexagon Nutrition Limited below peer average in terms of size.

* All peer data is from publicly available sources. Financial figures are latest reported annual numbers.

IPO Details

Open Date	05 Jun 2026
Close Date	09 Jun 2026
Allotment Date	10 Jun 2026
Listing Date	12 Jun 2026
Issue Type	Book Build Issue
Issue Size	Rs 150 Cr
Fresh Issue	150 Cr
OFS	Nil
Face Value	Rs 10 per share
Price Band	Rs 42 - 45
Lot Size	333 shares
Min Investment (Retail)	Rs 14,985
Listing Exchange	Mainboard

About the Company

Acme Technologies Ltd provides enterprise software and cloud services to Indian SMBs.