H. R. HYGIENE PRODUCTS Ltd. (BSE SME)

H. R. HYGIENE PRODUCTS Ltd. (BSE SME)

NSE - SMEUpcoming
Min. Investment
₹1,40,800
/ 1600 Shares
Issue Price
83-88
Subscription
-
Issue Size
53.95
Lot Size
1600
Open
Jul 29, 2026
Close
Jul 31, 2026
Allotment
Aug 3, 2026
Listing
Aug 5, 2026

1. H. R. HYGIENE PRODUCTS Ltd. (BSE SME) IPO Details

H. R. Hygiene Products Ltd IPO is a book-built SME issue of ₹53.95 crores. The issue consists of a fresh issue of 45.95 lakh shares (aggregating to ₹43.17 Cr) and an offer-for-sale (OFS) of 12.25 lakh shares (aggregating to ₹10.79 Cr).

The bidding for the IPO starts this Wednesday, Jul 29, 2026, and ends on Jul 31, 2026. The allotment is expected to be finalized on Aug 03, 2026. The company will list on the BSE SME platform, with a tentative listing date fixed as Aug 05, 2026.

The price band is set at ₹83–₹88 per share. The lot size for an application is 1,600 shares, but the minimum application for retail investors is 2 lots (3,200 shares). The minimum amount of investment required by a retail investor is ₹2,81,600.

    Grey Market Premium

    Estimated listing gains (Live)

    +2 (2.3%)Per Share
    EST. GAINS
    Updated real-time from market sources

    Financial Summary

    Period Ended31 Mar 202631 Mar 202531 Mar 2024
    Assets170.9290.5648.87
    Total Income131.90115.1585.33
    Profit After Tax11.419.084.66
    EBITDA17.0814.777.58
    NET Worth42.3831.445.90
    Reserves and Surplus24.5824.314.15
    Total Borrowing21.5321.1924.68

    H.R. Hygiene Products IPO Details

    IPO Date29 to 31 Jul, 2026
    Listing DateWed, Aug 5, 2026 T
    Face Value₹ 10 per share
    Price Band₹83 to ₹88
    Lot Size1,600 Shares
    Sale TypeFresh capital cum OFS
    Issue TypeBookbuilding IPO
    Listing AtBSE SME
    Total Issue Size61,31,200 shares (agg. up to ₹ 54 Cr)
    Reserved for Market Maker3,10,400 shares (agg. up to ₹ 3 Cr) SMC Global Securities Ltd.
    Fresh Issue (Ex Market Maker)45,95,200 shares (agg. up to ₹ 40 Cr)
    Offer for Sale12,25,600 shares of ₹ 10 (agg. up to ₹ 11 Cr)
    Net Offered to Public58,20,800 shares (agg. up to ₹ 51 Cr)
    Share Holding Pre Issue1,78,06,438 shares
    Share Holding Post Issue2,27,12,038 shares

    IPO Timetable (Tentative)

    EventDate
    IPO OpenWed, Jul 29, 2026
    IPO CloseFri, Jul 31, 2026
    AllotmentMon, Aug 3, 2026
    RefundTue, Aug 4, 2026
    Credit of SharesTue, Aug 4, 2026
    ListingWed, Aug 5, 2026

    Issue Reservation

    Investor CategoryShares Offered% of Net Issue% of Total Issue
    QIB Shares Offered29,08,80049.97%47.44%
    − Anchor Investor Shares Offered16,86,400-27.51%
    − QIB (Ex. Anchor) Shares Offered12,22,400-19.94%
    NII (HNI) Shares Offered8,73,60015.01%14.25%
    − bNII > ₹10L5,82,400-9.50%
    − sNII < ₹10L2,91,200-4.75%
    Retail Shares Offered20,38,40035.02%33.25%
    Market Maker Shares Offered3,10,400-5.06%
    Total Shares Offered61,31,200100.00%100.00%

    IPO Lot Size

    ApplicationLotsSharesAmount
    Individual investors (IND) (Min)23,200₹2,81,600
    Individual investors (IND) (Max)23,200₹2,81,600
    S-HNI (Min)34,800₹4,22,400
    S-HNI (Max)711,200₹9,85,600
    B-HNI (Min)812,800₹11,26,400

    IPO Objects of the Issue

    #Issue ObjectsEst Amt (₹ Cr.)
    1Setting up a new manufacturing facility at Rajkot, Gujarat (Proposed facility Unit 2)31.36
    2Prepayment / repayment of Loan3.57
    3General Corporate Purposes-
    Total34.93

    Key Performance Indicator (KPI)

    KPIMar 31, 2026
    ROE30.90%
    ROCE24.86%
    Debt/Equity0.51
    RoNW26.91%
    PAT Margin8.73%
    EBITDA Margin13.07%
    Price to Book Value3.70

    Pre/Post IPO Valuation

    ParameterPre IPOPost IPO
    EPS (₹)6.415.02
    P/E (x)13.7317.53
    Promoter Holding68.80%-
    Market Cap₹ 199.87 Cr.-

    2. About H. R. HYGIENE PRODUCTS Ltd. (BSE SME)

    Incorporated in 2016, H. R. Hygiene Products Limited is engaged in the manufacturing and marketing of personal hygiene products, primarily focusing on sanitary napkins. The company operates under multiple in-house brands including Femiss, Womanica, ElderFit, and Bloom Baby, catering to personal, female, adult, and baby care needs, alongside white-label manufacturing setups for select corporate customers.

    Track Record

    • Financial Scale: Consolidated total income grew steadily from ₹85.33 Cr in FY24 to ₹115.15 Cr in FY25, and reached ₹131.90 Cr for the fiscal year ended March 31, 2026.

    • Profitability: Net profit (PAT) demonstrated positive expansion, rising from ₹4.66 Cr in FY24 to ₹9.08 Cr in FY25, and climbing to ₹11.41 Cr in FY26.

    • Return Metrics: Operates with strong operational parameters, featuring a Return on Equity (ROE) of 30.90% alongside an EBITDA margin of 13.07% for FY26.

    H. R. Hygiene Products Ltd IPO GMP

    As of July 27, 2026, the Grey Market Premium (GMP) is trading around ₹2 (~2.3%).

    Note: Indicating steady initial tracking sentiment ahead of its subscription launch this week, early market tracking signals estimate a tentative listing price around ₹90 against the upper issue price band of ₹88.

    H. R. Hygiene Products Ltd IPO Allotment Status

    The allotment is scheduled to be finalized on August 03, 2026.

    Check H. R. Hygiene Products Allotment Status

    To check your status online once the issue closes, visit the assigned registrar tracking portal or monitor updates on the BSE SME platform: Purva Sharegistry IPO Status Portal

    You can verify your status via:

    • Registrar's website (Purva Sharegistry (India) Pvt. Ltd.)

    • BSE official SME tracking portal

    • Using your PAN number, Application ID, or DP ID/Client ID

    Strengths

    • Established Brand Portfolio: Owns multiple recognized personal care brands (Femiss, ElderFit, Bloom Baby) serving distinct consumer demographics.

    • Balanced Revenue Model: Combines direct-to-consumer B2C brand distribution with steady B2B white-label manufacturing contracts.

    • Robust Return Parameters: Maintains healthy financial productivity with an ROE exceeding 30% and an ROCE of 24.86%.

    Weaknesses

    • Raw Material Price Fluctuations: Margins are vulnerable to volatile pricing for raw fluff pulp, non-woven fabrics, and polymer inputs.

    • Intense Market Competition: Operates in a highly competitive hygiene and FMCG segment alongside prominent multinational and domestic brands.

    How the Company Will Use IPO Money

    The fresh issue proceeds (₹40.44 Cr) will be utilized for:

    • Capital Expenditure: Setting up a proposed new manufacturing facility (Unit 2) at Rajkot, Gujarat (₹31.36 Cr).

    • Debt Repayment: Prepayment or repayment of specific outstanding financial borrowings (₹3.57 Cr).

    • General Corporate Purposes: Meeting regular general corporate administrative expenses and public offering costs.

    Lead Manager & Registrar

    • Book Running Lead Manager: Marwadi Chandarana Intermediaries Brokers Pvt. Ltd.

    • Market Maker: SMC Global Securities Ltd.

    • Registrar: Purva Sharegistry (India) Pvt. Ltd.

      Phone: +91 22 4961 4132

      Email: newissue@purvashare.com

    Frequently Asked Questions (H. R. HYGIENE PRODUCTS Ltd.)

    D
    Founder | India IPO Updates

    DIPAK DANGODARA

    I am the founder of India IPO Updates, a platform dedicated to tracking the Indian IPO market since 2024. With a background in digital research and data analysis, I built this platform to simplify IPO tracking covering issue details, live Grey Market Premium (GMP), subscription status, and allotment updates sourced from public exchange data and verified market sources.

    I am not an SEBI-registered investment advisor. All GMP and market data shared here is for informational purposes only and should not be considered investment advice. Investors are advised to consult a registered financial advisor before making investment decisions.