H.R. Hygiene Products IPO

Name: H.R. Hygiene Products IPO
Brand: H.R. Hygiene Products
Availability: PreOrder

Upcoming SME

Min Investment

₹2,81,600

3200 Shares

Min Investment

₹2,81,600 · 3200 Shares

Open Jul 29

Close Jul 31

Allotment Aug 03

Refund Aug 04

Listing Aug 05

Market Sentiment

Grey Market Premium What is GMP?

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+Rs 2

+2.3%

Est. Listing: Rs 90

Updated: Jul 25, 2026 6:01 pm

Subscription Status

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Subscription data not available yet

This section updates automatically once data is available.

Analysis Score 46 / 100

Neutral

Data: 50%

GMP Score 40

Financial Health 61

Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Issue Price	₹83-88 per equity share
Face Value	₹10 Per Equity Share
Lot Size	3200 shares (Min ₹2,81,600)
Total Issue Size	₹53.95 crore
Fresh Share	₹43.17 crore
Offer For Sale	₹10.78 crore
Issue Type	Book Building Issue
Lead Manager	Marwadi Chandarana Intermediaries Brokers Pvt. Ltd.
Registrar	Purva Sharegistry (India) Pvt. Ltd.
Listing at	BSE

Market Lot Size

Category	Lots	Shares	Amount (₹)
Retail Minimum	2	3,200	₹2,81,600
Retail Maximum	2	3,200	₹2,81,600
S-HNI Minimum	3	4,800	₹4,22,400
S-HNI Maximum	7	11,200	₹9,85,600
B-HNI Minimum	8	12,800	₹11,26,400

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IPO Reservation

Category	Shares Offered	Shares %
QIB	12,22,400	19.94%
NII (HNI)	8,73,600	14.25%
bNII > ₹10L	5,82,400	9.50%
sNII < ₹10L	2,91,200	4.75%
Retail	20,38,400	33.25%
Anchor	16,86,400	28.97%
Total	58,20,800

bNII / sNII split estimated from the NII reservation using the standard 2:1 (big:small) ratio; the exact sub-split was not separately disclosed for this issue.

Return Estimator (GMP*)

Category	Investment	Expected Profit
Retail Minimum	₹2,81,600	+₹6,400
Retail Maximum	₹2,81,600	+₹6,400
S-HNI Minimum	₹4,22,400	+₹9,600
S-HNI Maximum	₹9,85,600	+₹22,400
B-HNI Minimum	₹11,26,400	+₹25,600

GMP (Rumour*) +₹2

Exp. Listing ₹90

Return +2.3%

Estimates based on unofficial GMP data. Actual listing price may differ significantly.

Financial Analysis

Financial Data

EPS (Pre)

Rs 6.41

ROE

30.90%

ROCE

24.86%

RoNW

26.91%

EBITDA Margin

13.07%

Debt/Equity

0.51

NAV/Share

Rs 23.80

Revenue Growth

14.55%

Profit Margin

8.65%

Financial Performance

Metric	2024	2025	2026
Revenue	85.33	115.15	131.90
Expense	79.10	103.05	116.16
Profit (PAT)	4.66	9.08	11.41
Total Assets	48.87	90.56	170.92

Values in Crores (₹)

Promoters & Holding Pattern

Promoters: Hemal Babubhai Borsadiya, Rahul Kishorbai Sheradia, Borsadiya Binita Hemalbhai, Sheradia Parth Damjibhai

Shareholding	No. of Shares	Holding %
Promoter Holding Pre Issue	1,78,06,438	68.80%

Strengths & Risks

Strengths

Solid profit margin — 8.7%.
Strong return on equity — 31%.
Mostly fresh capital — proceeds fund the company's growth, not an exit.

Risks & Concerns

Risk signals for H.R. Hygiene Products will appear here as subscription, valuation and GMP data arrive. Always read the company-specific risk factors in the RHP before you apply.

Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.

Purpose	Amount (Cr)
Setting up a new manufacturing facility at Rajkot, Gujarat (Proposed facility Unit 2)	31.36
Prepayment / repayment of Loan	3.57
General Corporate Purpose	-

Resources & Documents

Anchor Investors

Anchor Bidding Date

July 28, 2026

Shares Offered to Anchors

16,86,400

IPO Documents

Draft Red Herring Prospectus Red Herring Prospectus

Company Contact Information

H.R. Hygiene Products Ltd., Survey No.125/P2/P2, Plot no. 1 to 3, Village: Lothada, Rajkot, Gujarat, 360002

Phone

+91 6354554191

compliance@hrhygiene.com

Website

https://www.hrhygiene.com/

H.R. Hygiene Products IPO — Quick Take

H.R. Hygiene Products has set a price band of Rs 83–Rs 88 per share for an issue size of Rs 54 crore. The SME issue is scheduled to open for subscription on July 29, 2026 — 3 days from now.

The issue is promoted by Hemal Babubhai Borsadiya, Rahul Kishorbai Sheradia, Borsadiya Binita Hemalbhai, Sheradia Parth Damjibhai with Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards Setting up a new manufacturing facility at Rajkot, Gujarat (Proposed facility Unit 2) (Rs 31 crore) and Prepayment / repayment of Loan (Rs 4 crore).

Grey market is quoting a premium of +Rs 2 (+2.3% over issue price).

On fundamentals, the company is posting revenue growth of 14.6%, a profit margin of 8.7%, return on equity of 30.9% in its most recent reported period.

Our data-driven engine currently flags this issue as a Neutral stance — the data is mixed and the risk-reward is balanced rather than one-sided. All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.

By IPO Cracker Editorial Team · Editorial Policy · Data Sources Last updated: Jul 26, 2026

Related guides: What is GMP? · Anchor Investor explained · Allotment Process · How to Apply · Compare with peers

This summary is generated from live market data and company disclosures aggregated from BSE, NSE, SEBI filings (DRHP / RHP) and the registrar's office. It is informational only and not investment advice. Consult a SEBI-registered advisor before investing. How we recommend »

Frequently Asked Questions

The price band of H.R. Hygiene Products IPO is Rs 83 to Rs 88 per share. Face value is Rs 10 per share.

The total issue size of H.R. Hygiene Products IPO is Rs 54 crore, comprising fresh issue of Rs 43 crore and offer for sale (OFS) of Rs 11 crore.

Retail investors must apply for a minimum of 1 lot of 3200 shares, requiring an investment of Rs 2,81,600.

H.R. Hygiene Products IPO opens for subscription on July 29, 2026 and closes on July 31, 2026. Anchor investor bidding is scheduled for July 28, 2026.

The expected allotment date for H.R. Hygiene Products IPO is August 03, 2026. Refunds for unsuccessful applicants are expected on August 04, 2026.

H.R. Hygiene Products IPO is scheduled to list on August 05, 2026 on BSE.

The current GMP (Grey Market Premium) of H.R. Hygiene Products IPO is +Rs 2 (+2.3% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

The registrar for H.R. Hygiene Products IPO is Purva Sharegistry (India) Pvt. Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for H.R. Hygiene Products IPO are Marwadi Chandarana Intermediaries Brokers Pvt. Ltd..

The promoter(s) of H.R. Hygiene Products are Hemal Babubhai Borsadiya, Rahul Kishorbai Sheradia, Borsadiya Binita Hemalbhai, Sheradia Parth Damjibhai.

You can apply for H.R. Hygiene Products SME IPO online before 31 Jul 2026 through any UPI-enabled broker app (Zerodha, Groww, Upstox, Angel One, ICICI Direct, HDFC Securities, or any SEBI-registered broker), or via your bank's ASBA-enabled net banking. The minimum retail investment is Rs 2,81,600 for 1 lot of 3,200 shares. Steps: (1) Open your broker app or your bank's ASBA portal. (2) Search for H.R. Hygiene Products in the IPO section — the issue must be in the Open window to apply. (3) Enter your bid: select the number of lots (minimum 1 lot of 3,200 shares) and bid at the cut-off price for the highest retail allotment chance. (4) Approve the UPI mandate that arrives on your bidding bank account — this blocks the application amount until allotment, and the funds stay in your account until shares are allotted. Allotment is finalized within 3 working days of the close date. See our How to Apply for an IPO guide for step-by-step screenshots, and the ASBA vs UPI Mandate explainer for how the payment block works.

Our data-driven analysis currently flags H.R. Hygiene Products IPO as Neutral. Consider the IPO's GMP trend, subscription demand, financial health and industry valuation before applying. Full breakdown is available on this page. For how our scoring works, see our How We Recommend guide. This is informational and not investment advice — consult a SEBI-registered advisor.

H.R. Hygiene Products IPO GMP — What It Means

The latest grey market premium for H.R. Hygiene Products IPO is ₹2 (+2.3%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For H.R. Hygiene Products it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.

See the full H.R. Hygiene Products GMP history and trend, or learn how grey market premium works and how reliable it is.

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