Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
H.R. Hygiene Products Ltd. IPO is a Book Build Issue of 0.61 crore equity shares consisting of a fresh issue of upto 0.49 crore equity shares and an offer for sale (OFS) of upto 0.12 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Marwadi Chandarana Intermediaries Brokers Pvt.Ltd. is the book running lead manager and Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to H.R. Hygiene Products IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 61,31,200 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 49,05,600 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 12,25,600 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,78,06,438 shares |
| Share Holding Post Issue | 2,27,12,038 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Sep 29, 2025 |
| SEBI/Exchange approval received | Wed, Nov 19, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Incorporated in 2016, H.R. Hygiene Products Limited is engaged in the manufacturing and marketing of hygiene products (sanitary napkins). The company operates under multiple in-house brands — Femiss, Womanica, ElderFit, and Bloom Baby — designed to address hygiene and personal care needs across various consumer segments, from babies and young women to the elderly.
The company’s core business focuses on sanitary napkins, which it manufactures under both its own brands and white-label arrangements for select customers. Over time, it has expanded its product portfolio to include female care, adult care, and baby care products, catering to diverse consumer requirements.
Femiss targets the affordable hygiene segment with reliable sanitary napkins, Womanica offers premium high-absorbency products, ElderFit provides adult care solutions such as absorbent adult diapers, and Bloom Baby focuses on baby diapers designed for comfort and skin safety.
H.R. Hygiene Products distributes its products pan-India through a dual-channel strategy — an extensive offline retail network supported by consignment sale agents and distributors, and online sales through major e-commerce platforms including Meesho, Amazon, Glowroad, Flipkart, Snapdeal, and JioMart.
As of March 31, 2025, the company operated with 11 Consignment Sale Agents (CSAs) and a network of 182 distributors, supported by a sales and marketing team of over 96 personnel. It had a diversified customer base of over 200 clients across 28 states and 8 union territories, reducing dependency on any single customer.
The company’s manufacturing facility is located in Rajkot, enabling efficient production and nationwide supply.
As of September 29, 2025, the company had a total of 141 employees.
H.R. Hygiene Products Ltd.'s revenue increased by 36% and profit after tax (PAT) rose by 81% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 90.56 | 48.87 | 33.68 |
| Total Income | 115.56 | 84.93 | 42.19 |
| Profit After Tax | 9.09 | 5.03 | 0.19 |
| EBITDA | 14.38 | 5.87 | 1.55 |
| NET Worth | 31.82 | 6.26 | 1.23 |
| Reserves and Surplus | 24.70 | 4.52 | -0.52 |
| Total Borrowing | 21.27 | 24.77 | 19.64 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up a new manufacturing facility at Rajkot, Gujarat (“Proposed facility Unit 2”) | 26.63 |
| 2 | Prepayment / repayment of Loan | 4.11 |
| 3 | General corporate purposes |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 47.78% |
| ROCE | 32.30% |
| Debt/Equity | 0.67 |
| RoNW | 28.58% |
| PAT Margin | 7.87% |
| EBITDA Margin | 12.50% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.11 | 4.00 |
| Promoter Holding | 68.80% |
Purva Sharegistry (India) Pvt.Ltd.
Lead Manager Reports
H.R. Hygiene Products IPO is a SME IPO of 61,31,200 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The H.R. Hygiene Products IPO open and close dates are not available as of now.
Purva Sharegistry (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in H.R. Hygiene Products IPO using UPI as a payment gateway. Zerodha customers can apply in H.R. Hygiene Products IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in H.R. Hygiene Products IPO through Zerodha
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The H.R. Hygiene Products IPO dates are not announced. Please check back again after some time.
H.R. Hygiene Products IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in H.R. Hygiene Products IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for H.R. Hygiene Products IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the H.R. Hygiene Products IPO allotment status.
The H.R. Hygiene Products IPO listing date is not yet announced. The tentative date of listing is .
