3 days leftSMEHospital & Healthcare ServicesHRHYGIENE

H.R.Hygiene Products IPO

H.R.Hygiene Products IPO is a sme IPO raising ₹54 Cr at ₹83 – ₹88 a share. The smallest application you can make is 1600 shares, costing ₹1,40,800 at the top of the band. Bidding closes on 31 Jul 2026 and the shares list on 5 Aug 2026. So far it has been subscribed 0.00× in total.

83 – 88
Price band
1,40,800
Minimum to apply (1600 shares)
54 Cr
Issue size
31 Jul 2026
Bidding closes
0.00×Subscribed · all exchanges

No bids yet

populated partly populated we hold nothing here — the tab says why

Where your money goes

Only the fresh issue reaches the company. The offer for sale is existing shareholders selling their own stock — that money goes to them, not the business.

Fresh issue — to the company43 Cr
Offer for sale — to existing holders11 Cr

A red herring prospectus is filed before the price is fixed, so it states share counts rather than rupee amounts. derived: shares x cut-off price Rs88. Checked: exchange issue size Rs54 Cr vs derived Rs54 Cr (0.0% apart).

What the fresh money funds

The stated uses of the net proceeds, from the prospectus’s Objects of the Issue table. Only the fresh issue funds these — the offer-for-sale money goes to the selling shareholders above.

Setting up a new manufacturing facility at Rajkot, Gujarat ("Proposed facility Unit 2")31 Cr
Prepayment / repayment of Loan4 Cr

As stated in the prospectus. “General corporate purposes” is the part with no committed use; SEBI caps it at 25% of the issue.

The price they’re asking

From the prospectus’s own “Basis for Issue Price” — the issuer’s earnings multiple against the peers it chose to compare itself with.

13.7×earnings — this issue

The issuer names no comparable listed companies: There are no listed companies in India that are engaged in the business segment in which we operate or of a comparable size to that of our Company. Accordingly, it is not possible to provide an industry comparison in relation to our Company.

derived: cut-off price Rs88 / stated EPS Rs6.41 (FY26 (year ended March 31, 2026), Diluted EPS as printed in 'Adjusted Basic EPS' table of Restated Financial Statements (weighted average diluted EPS across FY26/FY25/FY24 = 5.43)). Peer figures are as printed in the prospectus — they date from its filing, not today. A multiple is one lens, not a verdict.

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹83 – ₹88
Cut-off price₹88
Issue size₹54 Cr
Shares per lot1600
Minimum application₹1,40,800
Minimum quantity3200
Face value₹10
Listing exchangesBSE
ISININE17DP01015
Bidding hours10:00 – 17:00 IST
Bidding window29 Jul 2026 – 31 Jul 2026
SME
What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

The anchor-investor allocation — which institutions were allotted shares before bidding opened — is still to be read out of its document.