H. R. Hygiene Products IPO
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H. R. Hygiene Products IPO details
Schedule of H. R. Hygiene Products
| Issue open date | 29 Jul 2026 |
| Issue close date | 31 Jul 2026 |
| UPI mandate deadline | 31 Jul 2026 (5 PM) |
| Allotment finalization | 03 Aug 2026 |
| Refund initiation | 04 Aug 2026 |
| Share credit | 04 Aug 2026 |
| Listing date | 05 Aug 2026 |
| Mandate end date | 15 Aug 2026 |
| Lock-in end date for anchor investors (50%) | 30 Aug 2026 |
| Lock-in end date for anchor investors (remaining) | 29 Oct 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
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.
Financials of H. R. Hygiene Products
Issue size
| Funds Raised in the IPO | Amount (₹ Cr.) |
| Total issue size | 53.95 |
| Fresh Issue – Proceeds go to the company | 43.17 |
| Offer for sale – Proceeds go to the existing investors |
10.79 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Setting up Unit 2 manufacturing facility in Rajkot, Gujarat | 31.36 (72.64%) |
| Prepayment or repayment of loans | 3.57 (8.27%) |
| General corporate purposes | 8.24 (19.09%) |
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.
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.