H.R. Hygiene Products IPO Details

SME BSE

H.R. Hygiene Products IPO Summary

H.R. Hygiene Products Logo | H.R. Hygiene Products IPO Details, Date, Price, GMP, Live Subscription

H.R. Hygiene Products IPO opens for subscription on 29 Jul 2026 and closes on 31 Jul 2026.The IPO will be listed on BSE with the tentative listing date set for 05 Aug 2026.

H.R. Hygiene Products IPO price band has been fixed at ₹83 – ₹88 per share. The face value is ₹10 per share with a lot size of 1600.

H.R. Hygiene Products IPO total issue size comprises 61,31,200 shares (aggregating up to ₹53.95 Cr). This includes a fresh issue of 49,05,600 shares (aggregating up to ₹43.17 Cr). Offer for Sale consists of 12,25,600 shares (aggregating up to ₹10.79 Cr). Pre-issue shareholding stands at 1,78,06,438, which will increase to 2,27,12,038 post-issue.

H.R. Hygiene Products IPO carries a ₹1 (1.14%) GMP, reflecting investor sentiment.

H.R. Hygiene Products IPO Lot Size :Individual Minimum is 2 lots (3,200 shares) amounting to ₹281,600. Individual Maximum is 2 lots (3,200 shares) amounting to ₹281,600. SHNI Minimum is 3 lots (4,800 shares) amounting to ₹422,400. SHNI Maximum is 7 lots (11,200 shares) amounting to ₹985,600. BHNI Minimum is 8 lots (12,800 shares) amounting to ₹1,126,400.

The Lead Managers for H.R. Hygiene Products IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Marwadi Chandarana Intermediaries Brokers Pvt Ltd . To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Smc Global Securities Ltd. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the H.R. Hygiene Products Limited RHP.

H.R. Hygiene Products IPO Details

Listing Price : ₹90 at a Premium of 2.27%
Open Date
29 Jul 2026
Close Date
31 Jul 2026
Listing Date
05 Aug 2026
Issue Price
₹83 - ₹88
Face Value
₹10 per share
Lot Size
1600 Shares
GMP
₹1(1.14%)
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Pre-issue Shareholding
1,78,06,438 shares
Post-issue Shareholding
2,27,12,038 shares
Total Issue Size
61,31,200 shares(aggregating up to ₹53.95 Cr)
Fresh Issue
49,05,600 shares(aggregating up to ₹43.17 Cr)
Offer for Sale
12,25,600 shares(aggregating up to ₹10.79 Cr)

H.R. Hygiene Products IPO Subscription

H.R. Hygiene Products IPO Application Wise Breakup

H.R. Hygiene Products IPO Dates

  • 29 Jul 2026
    Opening dateOpen
  • 31 Jul 2026
    Closing dateClose
  • 03 Aug 2026
    Allotment Date Allotment
  • 04 Aug 2026
    Initiation of RefundsRefund
  • 04 Aug 2026
    Credit of SharesCredit
  • 05 Aug 2026
    Listing dateListing

H.R. Hygiene Products IPO Lot Size

ApplicationLotsSharesAmount
Individual Minimum23200₹281,600
Individual Maximum23200₹281,600
SHNI Minimum34800₹422,400
SHNI Maximum711200₹985,600
BHNI Minimum812800₹1,126,400

H.R. Hygiene Products IPO Reservation

Promoter Holding

Pre Issue:
68.80%
Post Issue:
48.53%
Promoter Names:
Hemal Babubhai Borsadiya, Rahul Kishorbai Sheradia, Borsadiya Binita Hemalbhai, Sheradia Parth Damjibhai

H.R. Hygiene Products IPO Valuations

ROE30.90%
ROCE24.86%
Debt/Equity0.51
RoNW26.91%
PAT Margin8.73%
EBITDA Margin13.07%
Price to Book Value1.97
EPS(₹) (Pre IPO)6.41
EPS(₹) (Post IPO)5.02
P/E (x) (Pre IPO)13.73
P/E (x) (Post IPO)17.53

H.R. Hygiene Products Financial Information

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
Amount in ₹ Crore

About H.R. Hygiene Products IPO

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.


Strength Of H.R. Hygiene Products IPO

  • A state-of-the-art production facility spread across 32,780.88 sq. ft., equipped with fully automated systems that span from raw material handling to finished product packaging.
  • Distribution of personal health & hygiene products through Dual Channel Strategy
  • Brand affinity, loyalty and trust of customers in our brands
  • Pan India presence.
  • Our facility holds certifications including ISO 9001:2015 and WHO-GMP certified and also holds a BIS certification.

Risk Of H.R. Hygiene Products IPO

  • There is change in statutory auditor from the filing of DRHP. The Company has appointed new statutory auditor. The cessation was not on account of any disagreement with the Company relating to the financial statements, accounting policies, auditing procedures, internal financial controls, management representations or any reportable event under the applicable provisions of the Companies Act, 2013.
  • There are certain outstanding legal proceeding involving our Company, Group Company, Promoters, Directors and KMP and SMP which may adversely affect our business, financial condition and results of operations.
  • Our revenue from operations is highly concentrated in one product category and any adverse development affecting such category could materially and adversely affect our business.
  • Our inability to timely adapt to changing consumer preferences, spending patterns, or hygiene and personal care trends may reduce demand for our products, adversely affecting our business, results of operations, financial condition, and cash flows.
  • Our brands and reputation constitute critical assets of our Company and any deterioration in them could materially and adversely affect our business, financial condition, cash flows and results of operations.
  • We generally do business with our customers on purchase order basis and do not enter into long term contracts with them. Our inability to maintain relationships with our customers could have an adverse effect on our business, prospects, results of operations and financial condition.
  • If we fail to acquire new consumers or fail to do so in a cost-effective manner, we may not be able to increase revenue or maintain profitability.
  • Our Company's manufacturing activities are labour intensive and depend on availability of skilled and unskilled labourers in large numbers. In case of unavailability of such labourers and / or inability to retain such personnel, our business operations could be affected. Our business is subject to strikes, work stoppages and/or increased wage demands, as well as other disputes with our employees. Such instances may cause disruptions in our operations, which could materially adversely affect our business, financial condition and results of operations.
  • We are dependent upon few suppliers for the material requirements of our business. Further, we do not have definitive agreements or fixed terms of trade with most of our suppliers. Failure to successfully leverage our relationships with existing suppliers or to identify new suppliers could adversely affect our business operations.
  • Our net cash flows from operating activities and investing activities have been negative in some years in the past. Any negative cash flow in the future may affect our liquidity and financial condition.

Objectives H.R. Hygiene Products IPO

1. Setting up a new manufacturing facility at Rajkot, Gujarat (“Proposed facility Unit 2”)

2. Prepayment / repayment of Loan

3. General corporate purposes

Company Contact Details

H.R. Hygiene Products Ltd.
Survey No.125/P2/P2
Plot no. 1 to 3
Village: Lothada
Rajkot, Gujarat, 360002
Phone: +91 6354554191
Email: compliance@hrhygiene.com
Website: http://www.hrhygiene.com/

Registrar Contact Details

Name:
Purva Sharegistry India Pvt Ltd
Phone:
+91-22-31998810, +91-22-49614132

H.R. Hygiene Products FAQs

The H.R. Hygiene Products IPO is a SME public issue comprising 6131200 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹53.95 Cr. The issue price has been fixed at ₹88 per equity share, and the minimum application size is 1600 shares.

The IPO opens for subscription on 29 Jul 2026, and closes on 31 Jul 2026.

Purva Sharegistry India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The H.R. Hygiene Products IPO opens on 29 Jul 2026.

H.R. Hygiene Products IPO lot size is 1600, and the minimum amount required for application is ₹140800.

You may apply for the H.R. Hygiene Products IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the H.R. Hygiene Products IPO is scheduled to be finalized on 03 Aug 2026. Subsequently, the shares allotted will be credited to investors’ demat accounts by 04 Aug 2026. Investors are advised to regularly check the H.R. Hygiene Products IPO allotment status for updates.

The listing date for the H.R. Hygiene Products IPO has not yet been officially announced. However, the tentative listing date is scheduled for 05 Aug 2026.

H.R. Hygiene Products IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at ₹1 (1.14%).

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