H.R. Hygiene Products IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Day-wise Subscription (times subscribed)
Financial Analysis
| 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 |
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
- Strongly subscribed — 6.7x overall (so far).
- Strong institutional (QIB) demand — 2.8x.
- Solid profit margin — 8.7%.
- Strong return on equity — 31%.
- Mostly fresh capital — proceeds fund the company's growth, not an exit.
Our metrics didn't flag a major concern for H.R. Hygiene Products from the disclosed data — but this isn't a clean bill of health. Read the risk-factors section of the RHP, which lists company-specific risks our data can't capture.
Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.
Company Information
H.R. Hygiene Products, founded in 2016, is one of the leading manufacturers of hygiene products, mainly Sanitary napkins. The firm supplies its products under various in-house brands: Femiss, Womanica, ElderFit, and Bloom Baby. Each brand is designed for a different customer group, providing hygiene and personal care products for babies, young women, adults, and elderly people. The company mainly sells sanitary napkins under its own brand and under white-label arrangements for some brands. Moreover, over time, H.R. has expanded its product range to include female, adult, and baby care products. Under Femiss, the firm sells affordable and reliable sanitary napkins; Womanica offers premium, high-absorbency sanitary products. ElderFit provides adult diapers, and Bloom Baby focuses on baby diapers. Moreover, the firm sells its products via major e-commerce platforms including Meesho, Amazon, Glowroad, Flipkart, Snapdeal, and JioMart.
| 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
H.R. Hygiene Products Ltd., Survey No.125/P2/P2, Plot no. 1 to 3, Village: Lothada, Rajkot, Gujarat, 360002
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 stock listed with a 2.27% gain versus its issue price on August 05, 2026.
H.R. Hygiene Products, founded in 2016, is one of the leading manufacturers of hygiene products, mainly Sanitary napkins.
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 1 (+1.1% over issue price). Final subscription data records overall subscription at 6.73x, retail at 6.74x, QIB at 2.81x, NII at 12.19x.
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 an Avoid view — key indicators are weak enough that the risk-reward looks unfavourable for now. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
H.R. Hygiene Products IPO GMP — What It Means
The latest grey market premium for H.R. Hygiene Products IPO is ₹1 (+1.1%). 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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