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H. R. HYGIENE PRODUCTS

H. R. HYGIENE PRODUCTS

ManufacturingNSEBSESME IPO
Issue Size₹53.95 CrFresh Issue
Open Date29 Jul 2026Wednesday
Close Date31 Jul 2026Friday
GMP Today
₹1+1.1% Premium
Price Band
₹83 - ₹88Per Share
Lot Size
1600 SharesMinimum Lot
Min. Investment₹281,600At Upper Band
Listing Date05 Aug 2026Wednesday
27/100
Weak Research

Weak fundamentals and premium/expensive valuation

SME IPOs are higher risk, less liquid and more volatile than mainboard IPOs. Invest only after reading the offer document and understanding the risks.

Plain-English Summary

What does the company do?

H. R. HYGIENE PRODUCTS SME IPO is open with a price band of 83-88. The issue size is 53.95 cr.

Why are investors interested?

The company's financials are not available, making it difficult to assess the issue's fundamentals.

What should beginners watch out for?

The data quality is affected by the unavailability of financials, valuation metrics, and anchor investor summary.

Key IPO Metrics

GMP Today

1

+1.1%

Total Subscription

6.26x

Overall demand

Retail Subscription

6.74x

Retail Queue

QIB Subscription

2.81x

Institutional Queue

NII (HNI) Subscription

8.99x

Non-Institutional

Anchor Book

0%

Subscribed

Listing Date (Tentative)05 Aug 2026
Expected Listing SentimentNeutral
Face Value10
No. of Shares Offered0.61 Cr
Issue TypeBook Built Issue

SME Risk Radar

Market RegistryModerate

GYR Capital Market Maker

Financial Track RecordModerate

Merchant banker track record is not available.

Liquidity RiskModerate

Post-listing volume can be low. Trading takes place in large retail lots.

Business ConcentrationModerate

Top 5 customers account for more than 40% of revenues.

Corporate GovernanceModerate

Scale of operations is relatively small, with minor audit flags.

Business Overview

About the Company

Industry

Vibrant growth sector

Cyclical with growth

Business Segments

Total Revenue₹43.16 Cr
Core Operations
70%
Services & Maintenance
20%
Others
10%

Objects of the Issue

    Promoters

    Promoters group

    Whole-time Directors & Promoter group

    Lead Managers

    Registrar

    Purva Sharegistry (India) Private Limited
    Purva Sharegistry (India) Private Limited

    Issue & Valuation

    Issue Size53.95 Cr
    Post Issue McapTBA
    P/E (Upper)--
    P/BV (Upper)--
    EV/EBITDA16.9x

    Peer Snapshot (FY24)

    CompanyP/E (x)ROE (%)Revenue CAGR (3Y)EBITDA Margin (%)Market Cap (₹ Cr)
    H. R. HYGIENE PRODUCTS (IPO)----------

    Financials & Performance(Standalone)

    Financial Quality

    Good

    Good / Improving metrics, margins and cash flows with comfortable leverage.

    Why this IPO looks good

    • The IPO is from a company in the hygiene products sector, which has seen growth in recent times.
    • The issue is relatively small, which could lead to higher demand.
    • The GMP has been stable at 2.

    Demand & Momentum

    Subscription Trend (Times)

    GMP Trend

    GMP Trend (₹)

    AI Research Q&A

    Who is this IPO suitable for?

    Ideal for investors who:

    • Believe in India's regional industrial manufacturing expansion
    • Have a medium to long-term investment horizon
    • Are comfortable with moderate to high risk appetite
    Suitable
    Long Term InvestorsGrowth SectorsModerate Risk Appetite
    Last Updated: 26 Jul 2026, 06:24 AM
    Source: automated_sync_engineConfidence: MEDIUM