Hexagon Nutrition Limited Files DRHP With SEBI
Hexagon Nutrition Limited (“The Company”) has filed its Draft Red Herring Prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI).
The company is a holistic nutrition player that offers whole range of micronutrient across three verticals i.e. branded nutrition (B2C), premix formulations (B2B2C), and therapeutic nutrition products (ESG segment). The company is engaged in the entire value chain, right from research and product development to manufacturing and marketing, with a focus on quality.
The company is one of the largest premix players in India, offering customised vitamin and mineral premixes to leading Indian and multinational FMCG companies. It is also one of the largest licensed suppliers of Micronutrient Powders (MNPs) under UN programmes, supporting global food fortification and public health initiatives (Source: CARE Report).
The company plans to raise fund through an Initial Public Offering. The total Offer size comprises of an Offer-For-Sale aggregating Up to 3,08,59,704 equity shares. (“Total Offer Size”) The Company will not receive any proceeds from the Offer (“Offer Proceeds”)
The objects of the Offer are to (i) carry out the Offer for Sale of up to 3,08,59,704 Equity Shares bearing face value of ₹1 each by the Selling Shareholders aggregating up to ₹ [●] million; and (ii) achieve the benefits of listing the Equity Shares on the Stock Exchanges. (“Objects of the Offer”).
Equity shares aggregating up to 15,36,477 shares by Arun Purushottam Kelkar and up to 2,41,88,993 shares by Subhash Purushottam Kelkar (both promoter selling shareholders) are included in the offer for sale. Additionally, up to 36,08,142 equity shares by Nutan Subhash Kelkar and up to 15,26,092 equity shares by Aditya Kelkar (both promoter group selling shareholders) are included in the offer for sale.
Cumulative Capital Private Limited and Catalyst Capital Partners Private Limited are the Book Running Lead Manager for the Offer.
About Company:
Hexagon Nutrition Limited is a research-driven, pure-play nutrition company headquartered in Mumbai, India. Established in 1993, the Company has built a strong legacy in addressing health and wellness needs through science-based nutrition, operating across three key verticals – micronutrient premixes, clinical and therapeutic nutrition, and consumer health products – offering comprehensive solutions to fight malnutrition and improve overall health outcomes.
The Company’s portfolio includes well-known brands such as PENTASURE (clinical nutrition), OBESIGO (weight management), PEDIAGOLD (pediatric nutrition), and NUTRONE (consumer wellness), catering to specialized requirements in diabetes, renal care, bariatric nutrition, hepatic health, and pediatric care.
The company operate three manufacturing facilities in India, located in Nasik (Maharashtra), Chennai (Tamil Nadu) and Thoothukudi (Tamil Nadu), along with one international manufacturing facility in Tashkent, Uzbekistan. The manufacturing facilities have received various certifications and accreditations, including the FSSC 22000, Good Manufacturing Practice (GMP) certification, ISO 9001:2015 Certification, Halal Certification, amongst others. The company also maintain three (3) overseas offices located in South Africa, Uzbekistan and Hong Kong that supports our overseas business operations. During the past three Fiscals, their products were exported to over 75 countries including South Africa, Malaysia, Ethiopia, France, French Polynesia, Ghana, Indonesia, Kenya, Madagascar, Mozambique, Papua New Guinea, Nigeria, Philippines, Qatar, UAE, Mauritius, Brazil, Bangladesh and Rwanda
Hexagon Nutrition have pan-India omnichannel distribution capabilities supported by 157 members sales forces and 342 non-exclusive distributors, enabling presence across retail pharmacies, hospital networks, leading e-commerce platforms, online pharmacies, and their own brand websites including www.pentasurenutrition.com, www.obesigo.com, www.pediagold.com and www.nutrone.fit.
Next Story:
Telangana Inter, SSC Exams: 5-Minute Late Entry Allowed
![Telangana Inter, SSC Exams: 5-Minute Late Entry Allowed]()
Hyderabad, Feb. 24 (Maxim News): The State Government has announced that students appearing for the Intermediate and SSC (Class 10) examinations will be allowed to enter the examination hall up to five minutes after the scheduled start time.
Bomb Scare At Six Courts In Bengal As Judges Join SIR Exercise
![Bomb Scare At Six Courts In Bengal As Judges Join SIR Exercise]()
Kolkata/Hyderabad, Feb 24 (Maxim News): There was a minor jolt in the West Bengal judiciary on Tuesday. The reason.. bomb threats were received simultaneously for all five courts in the state, including the district courts. It is noteworthy that these threats came within 48 hours of the Supreme Court ordering the district judges to work…
Ali Larijani As Khamenei’s Successor?
![Ali Larijani As Khamenei’s Successor?]()
Tehran/internet/Hyderabad, Feb 24 (Maxim News): Tensions between Iran and the United States are rising day by day. In the face of the possibility of a US military attack on Iran, Iran’s Supreme Leader Ayatollah Ali Khamenei is preparing for the survival of his country. It is reported that the responsibilities of political structure, survival and…
Bullet-Wounded Canine Soldier ‘Tyson’ Recovering Well: Indian Army
![Bullet-Wounded Canine Soldier ‘Tyson’ Recovering Well: Indian Army]()
Jammu/Hyderabad, Feb 24 (Maxim News): Army canine soldier ‘Tyson’, a German Shepherd who took the first bullet while leading troops during Operation Trashi-I in Kishtwar district, is recovering well, officials said on Tuesday.
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page, Twitter, and Instagram. For all the latest Hyderabad News updates
