GMP IPO Watch
H. R. Hygiene Products IPO 2026: A Deep Dive into India's Growing Hygiene and Personal Care Manufacturing Business
H. R. Hygiene Products Limited is expected to launch its IPO, offering investors an opport...
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H
SME IPO
LISTED
NSE, BSE
HRHYGIENE
H. R. Hygiene Products IPO
H. R. Hygiene Products IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹2
+2.3%
Est. Listing: ₹90.00
Price Band
₹83 - ₹88
Per equity share
Lot Size
1600 Shares
Min Invest: ₹2,81,600
Issue Size
₹53.95 Cr
Total Public Offering
Issue Dates
28 July 2026 – 30 July 2026
Bidding period
Subscription
6.26x
Total overall demand
H. R. Hygiene Products IPO Details
Key facts at a glance| IPO Open Date | 28 July 2026 | IPO Close Date | 30 July 2026 |
|---|---|---|---|
| Basis of Allotment | 2 August 2026 | Listing Date | 4 August 2026 |
| Price Band | ₹83 - ₹88 per share | Face Value | ₹10 per share |
| Market Lot Size | 1600 Shares | Min Investment (Retail) | ₹2,81,600 |
| Total Issue Size | ₹53.95 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
H. R. Hygiene Products IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 28 July 2026 | Confirmed |
| IPO Close Date | 30 July 2026 | Confirmed |
| Basis of Allotment | 2 August 2026 | Tentative |
| Initiation of Refunds | 4 August 2026 | Tentative |
| Credit of Shares to Demat | 4 August 2026 | Tentative |
| IPO Listing Date | 4 August 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 31 July 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
H. R. Hygiene Products IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 3,200 Shares | ₹2,81,600 |
| Retail (Max) | 2 Lots | 3,200 Shares | ₹2,81,600 |
| S-HNI (Min) | 3 Lots | 4,800 Shares | ₹4,22,400 |
| S-HNI (Max) | 7 Lots | 11,200 Shares | ₹9,85,600 |
| B-HNI (Min) | 8 Lots | 12,800 Shares | ₹11,26,400 |
H. R. Hygiene Products IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹2 +2.3%
Estimated Listing Price
₹90.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 31 Jul 2026 | ₹2 | ₹90.00 | +2.27% |
| 30 Jul 2026 | ₹2 | ₹90.00 | +2.27% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
H. R. Hygiene Products IPO Subscription Status
Demand breakdown by investor category
Retail
6.74x
QIB
2.81x
NII / HNI
—
Total
6.26x
About H. R. Hygiene Products
H. R. Hygiene Products Limited manufactures and sells personal hygiene products, specialising primarily in sanitary napkins alongside adult and baby diapers. It operates through dual channels—distributors and online e-commerce platforms like Amazon, Flipkart, and Meesho—as well as partnerships with consignment selling agents for product distribution. The company generates revenue from operations primarily through the sale of finished consumer hygiene products, with sanitary napkins accounting for the vast majority of its revenue. It operates an automated manufacturing facility in Rajkot, Gujarat, where it produces sanitary pads under brands such as Femiss and Womanica. It also engages third-party contract manufacturers for certain product lines, including baby diapers under its “Bloom Baby” brand. In addition, the company exports products and is expanding its manufacturing capacity by setting up a second facility in Rajkot to bring diaper production in-house.
Key Strengths
- State-of-the-art production facility spread across 32,780.88 square feet equipped with fully automated systems from raw material handling to finished product packaging.
- Distribution of personal health and hygiene products through a dual-channel strategy combining offline distributors and online platforms.
- Established brand affinity, loyalty, and customer trust in proprietary brands such as Femiss, Womanica, ElderFit, and Bloom Baby.
- Pan-India distribution presence for marketing personal health and hygiene products.
- Manufacturing facility holding key quality and safety certifications including ISO 9001:2015, WHO-GMP, and BIS certifications.
Key Risks
- Revenue from operations is highly concentrated in a single product category of sanitary napkins.
- Business operations rely on purchase orders rather than long-term supply contracts with customers.
- High supply chain dependency on a limited number of raw material suppliers without long-term agreements.
- Reliance on a single operational manufacturing facility located in Rajkot, Gujarat.
- High geographic concentration of revenue generated from the state of Gujarat.
H. R. Hygiene Products IPO Reservation & Share Quotas
The H.R. Hygiene Products IPO follows the SEBI-prescribed allocation structure for a Book Building Issue. The issue is reserved across different investor categories, including Anchor Investors, Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs). This allocation ensures balanced participation from institutional and retail investors.
The category-wise reservation below shows the number of shares allocated and the percentage reserved for each investor segment. The final allotment in each category will depend on the subscription received during the IPO period.
| Investor Category | Shares Offered | Reservation (%) |
|---|---|---|
| Anchor Investor | 16,86,400 Shares | 27.51% |
| QIB (Ex. Anchor) | 12,22,400 Shares | 19.94% |
| NII Shares Offered | 8,73,600 Shares | 14.25% |
| Retail Shares Offered | 20,38,400 Shares | 33.25% |
Note: The above reservation details are based on the proposed IPO structure. The final allotment of shares in each category will be determined after the issue closes and the basis of allotment is approved by the designated stock exchange.
H. R. Hygiene Products IPO Anchor Investors
H.R. Hygiene Products Limited has scheduled the Anchor Investor Bidding on July 28, 2026, one working day before the IPO opens for public subscription. The anchor portion is reserved for Qualified Institutional Buyers (QIBs) and is intended to attract institutional participation before the public issue begins.
Following the completion of the anchor book process, the company will disclose the names of the participating anchor investors, the final allocation, and the total amount raised. The allotted shares will be subject to the lock-in requirements prescribed under SEBI regulations.
| Particular | Details |
|---|---|
| Anchor Bidding Date | July 28, 2026 |
| Anchor Investors List | |
| Shares Offered | 16,86,400 Shares |
| Anchor Issue Size | [.] Cr. |
| Lock-in Period End Date (50% Shares – 30 Days) | 2026 |
| Lock-in Period End Date (Remaining 50% Shares – 90 Days) | 2026 |
Note: The final Anchor Issue Size, investor list, and lock-in end dates will be updated after the anchor allocation is completed and officially announced by the company.
H. R. Hygiene Products IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 29 Jul 2026 |
| IPO Close Date | 31 Jul 2026 |
| Basis of Allotment | 03 Aug 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 05 Aug 2026 |
Note: The timeline for హెచ్.ఆర్. పరిశుభ్రత ఉత్పత్తులు IPO is tentative and subject to change.
H. R. Hygiene Products Promoters and Shareholding Pattern
H.R. Hygiene Products Limited is promoted by Hemal Babubhai Borsadiya, Rahul Kishorbai Sheradia, Borsadiya Binita Hemalbhai, and Sheradia Parth Damjibhai. The promoter group has played an important role in the company's growth, business operations, and expansion within the hygiene and personal care products industry.
Following the completion of the IPO, the promoters are expected to continue holding a significant ownership stake in the company. However, the final post-issue promoter shareholding percentage will be confirmed after the completion of the IPO process and the allotment of shares.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,78,06,438 | 68.80% |
| Promoter Holding Post Issue | 2,27,12,038 | -% |
Note: The final post-issue promoter shareholding percentage will be updated after the IPO allotment and listing, based on the company's final shareholding pattern filed with the stock exchange.
H. R. Hygiene Products Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
About H.R. Hygiene Products IPO
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.
H. R. Hygiene Products Company Financial Report
To Be Updated Soon
H. R. Hygiene Products Company Valuation & Key Performance Indicators
To Be Updated Soon
H. R. Hygiene Products Peer Group Comparison
To Be Updated Soon
H. R. Hygiene Products Lead Managers & Merchant Bankers
- Marwadi Chandarana Intermediaries Brokers Pvt. Ltd.
H. R. Hygiene Products IPO FAQs
H. R. Hygiene Products IPO opens for subscription on 28 July 2026 and closes on 30 July 2026.
The price band for H. R. Hygiene Products IPO is set at ₹83.00 to ₹88.00 per share.
The minimum market lot size is 1600 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 3,200 Shares (₹2,81,600).
The latest Grey Market Premium (GMP) for H. R. Hygiene Products IPO is ₹2. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for H. R. Hygiene Products IPO is tentatively scheduled for 2 August 2026, and shares are expected to list on the stock exchanges on 4 August 2026.
The registrar details will be confirmed in the official prospectus.
H. R. Hygiene Products IPO Analysis & Articles