H. R. Hygiene Products IPO
H. R. Hygiene Products IPO closed on 31 Jul 2026. Allotment 3 Aug 2026, listing 5 Aug 2026. Price band ₹83–₹88, lot 1600 shares, GMP +₹0 (0%). Track allotment on Allotly.
| Status | Closed |
|---|---|
| Category | SME · BSE |
| Price band | ₹83–₹88 |
| Lot size | 1600 shares |
| Minimum investment | ₹2,81,600 |
| Issue size | ₹53.95 Cr |
| GMP | +₹0 (0%) |
| Open date | 29 Jul 2026 |
| Close date | 31 Jul 2026 |
| Allotment date | 3 Aug 2026 |
| Listing date | 5 Aug 2026 |
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…
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.