H.R. Hygiene Products IPO Details
H.R. Hygiene Products IPO Summary

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.
H.R. Hygiene Products IPO Details
H.R. Hygiene Products IPO Subscription
H.R. Hygiene Products IPO Application Wise Breakup
H.R. Hygiene Products IPO Dates
- 29 Jul 2026Opening dateOpen
- 31 Jul 2026Closing dateClose
- 03 Aug 2026Allotment Date Allotment
- 04 Aug 2026Initiation of RefundsRefund
- 04 Aug 2026Credit of SharesCredit
- 05 Aug 2026Listing dateListing
H.R. Hygiene Products IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 3200 | ₹281,600 |
| Individual Maximum | 2 | 3200 | ₹281,600 |
| SHNI Minimum | 3 | 4800 | ₹422,400 |
| SHNI Maximum | 7 | 11200 | ₹985,600 |
| BHNI Minimum | 8 | 12800 | ₹1,126,400 |
H.R. Hygiene Products IPO Reservation
Promoter Holding
Documents
H.R. Hygiene Products IPO Valuations
H.R. Hygiene Products Financial Information
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 170.92 | 90.56 | 48.87 |
| Total Income | 131.90 | 115.15 | 85.33 |
| Profit After Tax | 11.41 | 9.08 | 4.66 |
| EBITDA | 17.08 | 14.77 | 7.58 |
| NET Worth | 42.38 | 31.44 | 5.90 |
| Reserves and Surplus | 24.58 | 24.31 | 4.15 |
| Total Borrowing | 21.53 | 21.19 | 24.68 |
| 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
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
As of now, the current GMP stands at ₹1 (1.14%).

