Summary of this article
Hexagon Nutrition IPO allotment is finalized on June 10
Overall public issue was subscribed 53.68 times by investors
Unsuccessful bidders will receive their refunds starting June 11
Hexagon Nutrition IPO subscription window closed on June 9. The nutraceutical company’s public issue garnered strong demand during its three-day bidding window, closing with an overall subscription of 53.68 times across categories.
Following the closing of the bidding window, the share allotment status of Hexagon Nutrition IPO is scheduled to be finalised today on June 10.
Hexagon Nutrition IPO GMP
The grey market premium (GMP) for Hexagon Nutrition shares sits at Rs 3.5 per share ahead of allotment finalisation. This grey market activity hints at a positive Dalal Street debut at an estimated Rs 48.5 apiece indicating a premium of 7.78 per cent, according to multiple websites which track the demand for unlisted shares from the grey market.
Hexagon Nutrition IPO Allotment
Primary market investors who applied for the Hexagon Nutrition IPO can verify their share allotment status directly via the official registrar, KFin Technologies Ltd. Additionally, applicants can check the status of their application through the official BSE and NSE portals:
How To View Hexagon Nutrition IPO Allotment On NSE
Go to the NSE website via the tracking link:
(https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids)Choose ‘Equity IPO bid details’.
Select 'Hexagon Nutrition' from the list of active IPOs.
Input your IPO application number and PAN.
Click on the 'Submit' button shown on your screen.
Your allocation details will be displayed on the screen.
How To Check Hexagon Nutrition IPO Allotment Status On BSE Website
Go to BSE site’s IPO application status page
(https://bseindia.com/investors/appli_check.aspx)
A list of issue types will be shown, choose ‘Equity’
Select 'Hexagon Nutrition' from the list of equity issues.
Enter either your IPO application number or PAN details.
Click the 'Search' button.
The allotment status of your application will be shown on screen.
How to View Hexagon Nutrition IPO Share Allocation Status On Kfin Technologies Website:
Visit the official KFin Technologies IPO allotment portal:
(https://ipostatus.kfintech.com/)Choose 'Hexagon Nutrition' from the list shown on the screen.
Select your query type from options such as:
PAN number, IPO Application number, or Demat / DP Client ID.Enter the corresponding details accurately.
Click the 'Search' button.
The website will display your allotment status alongside the number of shares you have been allocated.
Hexagon Nutrition IPO Subscription Details
Hexagon Nutrition IPO was booked 53.68 times on the final day of bidding, cumulatively the public issue received bids for over 1.16 billion shares against the 21.60 million shares.
Retail Individual Investors (RIIs) booked their quota 26.85 times with bids for over 290 million shares against the 10.80 million shares set aside for the category.
Non-Institutional Investors (NIIs) booked their quota 161.49 times for the 4.62 million shares on offer. Qualified Institutional Buyers (QIBs) booked their allotted quota 19.77 times on the final day of bidding.
Hexagon Nutrition IPO Details
The mainboard public issue is a book-built offering worth Rs 138.87 crore, consisting entirely of an offer-for-sale (OFS) of 30.8 million equity shares by its promoters. The price band for Hexagon Nutrition was fixed between Rs 42 and Rs 45 per share. The minimum lot size for retail investors was set at 1 lot comprising 333 shares, demanding a minimum investment baseline of Rs 14,985.
Hexagon Nutrition IPO Listing Date
With the basis of allotment scheduled for finalisation on June 10, refund initiations and UPI mandate unblocking for unsuccessful bidders will progress on June 11. Allotted equity shares will simultaneously be credited into successful investors' demat accounts on June 11. Hexagon Nutrition shares are slated to mark their official market debut on both the NSE and BSE exchanges on June 12.
