Hexagon Nutrition IPO: Firm files papers with SEBI to raise up to Rs 600 crore

Hexagon Nutrition has filed preliminary papers with SEBI to raise up to Rs 600 crore through an initial public offering (IPO).  

New Delhi: Mumbai-based Hexagon Nutrition has filed preliminary papers with SEBI to raise up to Rs 600 crore through an initial public offering (IPO) that consists of an offer for sale and fresh issue of equity shares. 

Hexagon Nutrition is a fully integrated company engaged in product development and marketing, including research and development and nutrition manufacturing.

The company's public issue consists of a fresh issue of equity shares aggregating to Rs 100 crore, and an offer for sale (OFS) of up to 30,113,918 equity shares, the draft red herring prospectus (DRHP) showed.