H. R. Hygiene Products
OPENIPO Date: 29 Jul - 31 Jul 2026
Listing Date: 5 Aug 2026
Price Range
Rs.83 - Rs.88
Issue Size
54 Cr
Min Investment
₹1,32,800
Lot Size
1600 Shares
Schedule of H. R. Hygiene Products
Issue open date
29 Jul 2026
Issue close date
31 Jul 2026
UPI mandate deadline
31 Jul 2026 (5 PM)
Allotment finalization
3 Aug 2026
Share credit
4 Aug 2026
Listing date
5 Aug 2026
Mandate end date
15 Aug 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 54 Cr |
| Fresh Issue | 43.17 Cr |
| Offer for Sale | 10.79 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 3 Aug 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 29 Jul 2026 | ₹88 | ₹2 | ₹90 (2.27%) |
| 28 Jul 2026 | ₹88 | ₹2 | ₹90 (2.27%) |
| 27 Jul 2026 | ₹88 | ₹2 | ₹90 (2.27%) |
| 26 Jul 2026 | ₹88 | ₹2 | ₹90 (2.27%) |
| 25 Jul 2026 | ₹88 | ₹2 | ₹90 (2.27%) |
Performance H. R. Hygiene Products
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.83 - Rs.88 | .... | .... | .... |
About H. R. Hygiene Products
H.R. Hygiene Products Limited is engaged in the manufacturing and marketing of hygiene products in India. The company offers sanitary napkins and other hygiene products under its brands Femiss, Womanica, ElderFit, and Bloom Baby, catering to women, babies, and the elderly. It also manufactures sanitary napkins for third parties under white-label arrangements. Its products are distributed through an offline dealer network and e-commerce platforms, serving both B2B and B2C customeRs As of August 31, 2025, the company had 25 SKUs across its product portfolio. The company operates a manufacturing facility in Rajkot, Gujarat, spread across 32,780.88 sq. ft., with an installed production capacity of 6.41 lakh sanitary napkins per day. The facility is equipped with automated production systems and holds ISO 9001:2015, WHO-GMP, and BIS certifications. As of March 31, 2025, the company had a distribution network comprising over 96 sales and marketing personnel, 11 consignment sale agents, and approximately 182 distributors across India. Use of proceeds: The IPO consists of both a fresh issue of shares and an offer for sale (OFS). Proceeds from the OFS will go to the respective selling shareholders, whereas the net proceeds from the fresh issue will be utilised for the following purposes: Setting up a new manufacturing facility at Rajkot, Gujarat — Rs 31.36 crore Prepayment/repayment of loan — Rs 3.56 crore General corporate purposes
| Founded in | 2016 |
| Managing director | Mr. Hemalbhai Babubhai Borsadiya |
| Parent organization |
Financial Overview
Strengths
- State-of-the-art production facility spread across 32,780.88 square feet equipped with fully automated systems from raw material handling to finished product packaging.
- Distribution of personal health and hygiene products through a dual-channel strategy combining offline distributors and online platforms.
- Established brand affinity, loyalty, and customer trust in proprietary brands such as Femiss, Womanica, ElderFit, and Bloom Baby.
- Pan-India distribution presence for marketing personal health and hygiene products.
- Manufacturing facility holding key quality and safety certifications including ISO 9001:2015, WHO-GMP, and BIS certifications.
Risks
- Revenue from operations is highly concentrated in a single product category of sanitary napkins.
- Business operations rely on purchase orders rather than long-term supply contracts with customers.
- High supply chain dependency on a limited number of raw material suppliers without long-term agreements.
- Reliance on a single operational manufacturing facility located in Rajkot, Gujarat.
- High geographic concentration of revenue generated from the state of Gujarat.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 0.92 |
| Non-Institutional Investors (NIIs) | 2.2 |
| Retail Individual Investors (RIIs) | 1.41 |
| Employee | N/A |
| Total | 1.43 |