H. R. Hygiene Products Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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IPO Snapshot
Key metrics and details at a glance.
Price Band
₹88
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,40,800
Issue Size
₹53.95 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.02%
QIB Quota
49.97%
NII Quota
15.01%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
H. R. Hygiene Products Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
68.8%
Promoter Holding (Post-Issue)
48.53%
Issue Type
Book Building - SME
ISIN
INE17DP01015
About the Company
We are a manufacturer of hygiene products with a growing presence in the Indian market. Under our brand framework, we have developed Femiss, Womanica, ElderFit and Bloom Baby, each designed to address consumer needs across the hygiene care spectrum, from babies to young women and the elderly. While our core focus has been on sanitary napkins, we have progressively diversified our portfolio to include a broader range of female care and wellness products, with Femiss catering to the economic segment through affordable and reliable sanitary napkins, Womanica offering premium high-absorbency solutions, ElderFit extending specialized hygiene care to the elderly, and Bloom Baby focusing on safe and comfortable baby care. We also manufacture our product sanitary napkin on white label for few customers. Our products are distributed pan-India through a dual-channel strategy comprising an extensive offline retail presence with network of dealers and e-commerce platforms including Meesho, Amazon, Glowroad, Flipkart, Snapdeal and JioMart, catering to both B2B and B2C customers. As on May 31, 2026 we have 25 SKUs across product range.
Company History
Our company was originally incorporated and registered as a Private Limited Company under Companies Act, 2013 in the name and style of H.R. Hygiene Private Limited vide certificate of incorporation dated July 21, 2016 bearing registration number 93028 issued by the Registrar of Companies, Ahmedabad. Further, the name of our Company was changed to "H. R. Hygiene Products Limited" and a fresh certificate of incorporation dated February 10, 2025 was issued by Registrar of Companies, Central Processing Centre. Pursuant to a resolution of our Board dated December 23, 2024 and a resolution of our shareholders dated January 17, 2025, our Company was converted into a public limited company under the Companies Act, and consequently the name of our company was changed to `H.R. Hygiene Products Limited', and a fresh certificate of incorporation dated February 10, 2025 issued by Registrar of Companies, Central Processing Centre.
Growth Strategy
- Scaling Production Capabilities and Diversifying Product Offerings.
- Brand building.
- Operational Efficiency and Supply Chain Optimization.
- Expanding our geographical footprint in rural areas through robust distribution.
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offering of up to 61,31,200 equity shares of face value of Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. 88 per equity share (Including a Share Premium of Rs. 78 Per Equity Share) ("Offer Price") aggregating up to Rs. 53.95 Crore (the "Offer") comprising a fresh offer of up to 49,05,600 equity shares of face value Rs. 10 each aggregating up to Rs. 43.17 Crore by the company (the "Fresh Offer") and offer for sale of up to 12,25,600 equity shares (the "Offered Shares") aggregating up to Rs. 10.79 Crore comprising offer for sale of 3,06,400 equity shares by Hemal Babubhai Borsadiya, 3,06,400 equity shares by Rahul Kishorbai Sheradia, 3,06,400 equity shares by Borsadiya Binita Hemalbhai and 3,06,400 equity shares by Sheradia Parth Damjibhai (collectively "Promoter Selling Shareholders", and such equity shares offered by the promoter selling shareholders, the "Offered Shares") (Such Offer For Sale By Promoter Selling Shareholders, The "Offer For Sale" and Together With The Fresh Offer, "The Offer"). The offer includes up to 3,10,400 equity shares of face value of Rs.10 each at an offer price of Rs. 88 per equity share for cash, aggregating Rs. 2.73 Crore will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The offer less market maker reservation portion i.e. Offer of upto 58,20,800 equity shares of face value of Rs. 10 each, at an offer price of Rs. 88 per equity share for cash, aggregating up to Rs. 51.22 Crore is hereinafter reffered to as the "Net Offer". The offer and net offer will constitute 27.00% and 25.63% respectively of the post- issue paid up capital of the company. Price Band: Rs. 88/- per equity share of face value of Rs. 10 each. The floor price is 8.8 times of the face value of the equity shares. Bids can be made for a minimum of 3200 equity shares and further in multiples of 1600 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- A state-of-the-art production facility spread across 32,780.88 sq. ft., equipped with fully automated systems that span from raw material handling to finished product packaging.
- Distribution of personal health & hygiene products through Dual Channel Strategy
- Brand affinity, loyalty and trust of customers in our brands
- Pan India presence.
- Our facility holds certifications including ISO 9001:2015 and WHO-GMP certified and also holds a BIS certification.
- There is change in statutory auditor from the filing of DRHP. The Company has appointed new statutory auditor. The cessation was not on account of any disagreement with the Company relating to the financial statements, accounting policies, auditing procedures, internal financial controls, management representations or any reportable event under the applicable provisions of the Companies Act, 2013.
- There are certain outstanding legal proceedings involving the company, Group Company, Promoters, Directors and KMP and SMP which may adversely affect its business, financial condition and results of operations.
- The company's revenue from operations is highly concentrated in one product category and any adverse development affecting such category could materially and adversely affect its business.
- The company's inability to timely adapt to changing consumer preferences, spending patterns, or hygiene and personal care trends may reduce demand for its products, adversely affecting the company's business, results of operations, financial condition, and cash flows.
- The company's brands and reputation constitute critical assets of its Company and any deterioration in them could materially and adversely affect the company's business, financial condition, cash flows and results of operations.