365telugu.com online news,Mumbai,september ,25,2025: Hexagon Nutrition Limited, a holistic nutrition company, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) as it prepares for an Initial Public Offering (IPO).
The company operates across three verticals – branded nutrition (B2C), premix formulations (B2B2C), and therapeutic nutrition (ESG segment) – covering the entire value chain from research and development to manufacturing and marketing.
Hexagon Nutrition is among India’s leading premix players, supplying customised vitamin and mineral premixes to top Indian and multinational FMCG companies. It is also a significant licensed supplier of Micronutrient Powders (MNPs) for UN programmes, supporting food fortification and global public health initiatives (Source: CARE Report).
IPO Details
The IPO will be a pure Offer for Sale (OFS) of up to 3,08,59,704 equity shares with a face value of ₹1 each. The company will not receive any proceeds from the issue. The objectives of the offer are:
- To facilitate the Offer for Sale by promoter and promoter group shareholders.
- To achieve the benefits of listing equity shares on the stock exchanges.
The OFS includes:
- Up to 15,36,477 shares by Arun Purushottam Kelkar.
- Up to 2,41,88,993 shares by Subhash Purushottam Kelkar.
- Up to 36,08,142 shares by Nutan Subhash Kelkar.
- Up to 15,26,092 shares by Aditya Kelkar.
Lead Managers
Cumulative Capital Private Limited and Catalyst Capital Partners Private Limited are acting as the Book Running Lead Managers (BRLMs) for the issue.