· SME · BSE
Price Band
₹83–88
Lot Size
1600 shares
Issue Size
₹54 Cr
Min. Investment
₹1,40,800
Indicative, updates through the day
Cap price plus current GMP: ₹89 — arithmetic, not a forecast
Subscription data will appear once bidding opens.
H.R. Hygiene Products IPO is an SME issue that listed on BSE on 5 August 2026. The issue price band is fixed at ₹83–₹88 per equity share with a minimum market lot size of 1600 shares, bringing the total issue size to ₹54 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹1,40,800.
The latest unlisted Grey Market Premium (GMP) for H.R. Hygiene Products IPO is quoted at ₹1, representing a premium of approximately 1.14% over the upper price band of ₹88. On a simple cap price plus GMP basis, the estimated opening price indicates a listing near ₹89, and informal quotes have eased over recent sessions. Please note that GMP is an unregulated sentiment indicator quoted by off-market dealers; it fluctuates based on supply-demand dynamics and does not constitute a guaranteed listing price. For historical accuracy studies, read our research on IPO GMP accuracy, or compare with live GMP quotes for all active IPOs.
The minimum investment for retail investors is one lot of 1600 shares (approx. ₹1,40,800 at the cut-off price). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is Purva Sharegistry (India) Pvt. Ltd., with the basis of allotment finalised on 3 August 2026 and listing completed on 5 August 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
Issue Price
₹88
Listed At
₹90
Current Price
₹87.97
Incorporated in 2016, H.R. Hygiene Products Limited is engaged in the manufacturing and marketing of hygiene products (sanitary napkins). The company operates under multiple in-house brands Femiss, Womanica, ElderFit, and Bloom Baby designed to address hygiene and personal care needs across various consumer segments, from babies and young women to the elderly. The company’s core business focuses on sanitary napkins, which it manufactures under both its own brands and white-label arrangements for select customers. Over time, it has expanded its product portfolio to include female care, adult care, and baby care products, catering to diverse consumer requirements. Product Portfolio: As of March 31, 2026, the company offered 2 products across 2 segments, serving personal, healthcare, and institutional hygiene needs through B2B and B2C channels, with products priced between ₹10 and ₹1,000 per pack. Femiss targets the affordable hygiene segment with reliable sanitary napkins, Womanica offers premium high-absorbency products, ElderFit provides adult care solutions such as absorbent adult diapers, and Bloom Baby focuses on baby diapers designed for comfort and skin safety. H.R. Hygiene Products distributes its products pan-India through a dual-channel strategy an extensive offline retail network supported by consignment sale agents and distributors, and online sales through major e-commerce platforms including Meesho, Amazon, Glowroad, Flipkart, Snapdeal, and JioMart. As of March 31, 2026, the company operated with 25 Consignment Sale Agents (CSAs) and a network of 202 distributors, supported by a sales and marketing team of over 99 personnel. It had a diversified customer base of over 227 customers in 28 states and 8 union territories, reducing dependency on any single customer. The company’s manufacturing facility is located in Rajkot, enabling efficient production and nationwide supply. As of May 31, 2026, the company had a total of 144 employees.
H.R. Hygiene Products IPO raises ₹14.84 crore from anchor investors. H.R. Hygiene Products IPO Anchor bid date is July 28, 2026.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 29,08,800 | 49.97% |
| − Anchor Investor | 16,86,400 | 0% |
| − QIB (Ex. Anchor) | 12,22,400 | 0% |
| NII (HNI) | 8,73,600 | 15.01% |
| − bNII > ₹10L | 5,82,400 | 0% |
| − sNII < ₹10L | 2,91,200 | 0% |
| Retail | 20,38,400 | 35.02% |
| Market Maker | 3,10,400 | 0% |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 3200 | ₹2,81,600 |
| Individual investors (IND) (Max) | 2 | 3200 | ₹2,81,600 |
| S-HNI (Min) | 3 | 4800 | ₹4,22,400 |
| S-HNI (Max) | 7 | 11200 | ₹9,85,600 |
| B-HNI (Min) | 8 | 12800 | ₹11,26,400 |
EPS (Pre IPO)
6.41
EPS (Post IPO)
5.02
ROE
26.91%
P/E (Pre IPO)
13.73
P/E (Post IPO)
17.53
Price / Book
3.70
Market Cap
₹157Cr.
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Recode Studios Ltd. | 38.94 | ₹44.59 Cr | |
| Ravelcare Ltd. | 12.38 | ₹24.10 Cr | |
| Anondita Medicare Ltd. | 11.74 | ₹69.50 Cr | |
| Medistep Healthcare Ltd. | 10.86 | ₹16.10 Cr |
H.R.Hygiene Products Ltd. Address
Purva Sharegistry (India) Pvt. Ltd.