IPO details · Updated
Himalaya Nutravedics India Limited
- Price Band
- ₹100 – ₹106
- Lot Size
- 1,200 shares
- Min. Investment
- ₹1,27,200
- Issue Size
- ₹26.5 Cr
- Offer Dates
- 22 Sept – 24 Sept 2026
- Listing
- 29 Sept 2026
Issue Details
- Total Issue Size
- ₹26.5 Cr
- 24,99,600 shares
- Fresh Issue
- ₹26.5 Cr
- 24,99,600 shares
- Offer for Sale
- ₹0 Cr
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE SME
- Shares Pre-Issue
- 63,06,720
- Shares Post-Issue
- 88,06,320
IPO Timeline
Offer opens
22 Sept 2026
Offer closes
24 Sept 2026
Allotment
25 Sept 2026
Listing
29 Sept 2026
Issue Allocation
Share of the offer reserved for each investor category
- Anchor28.4%7,10,400 shares
- QIB19.0%4,74,000 shares
- HNI14.3%3,56,400 shares
- Retail33.3%8,32,800 shares
- MarketMaker5.0%1,26,000 shares
Subscription Status
Subscription figures will appear here once bidding opens on 22 Sept 2026.
Lot Size & Investment
1 lot = 1,200 shares
Retail (min)
2 lots · 2,400 shares
Retail (max)
2 lots · 2,400 shares
S-HNI (min)
3 lots · 3,600 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 2 | 2,400 | ₹2,54,400 |
| Small HNI (S-HNI) | 3 | 3,600 | ₹3,81,600 |
| Big HNI (B-HNI) | 8 | 9,600 | ₹10,17,600 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 24.42 | 10.82 | 6.09 |
| Total Income | 43.12 | 21 | 14.43 |
| Profit After Tax | 7.39 | 2.23 | 0.43 |
| EBITDA | 8.1 | 2.99 | 0.94 |
| Net Worth | 16.38 | 6.75 | 1.34 |
| Reserves & Surplus | 10.07 | 2.76 | 0.53 |
| Total Borrowing | 5.13 | 1.76 | 3.24 |
Key Performance Indicators
| Period | Mar-26 |
|---|---|
| ROE (%) | 63.87 |
| ROCE (%) | 36.41 |
| EPS (₹) | 11.72 |
| P/E (pre-issue) | 9.04 |
| P/E (post-issue) | 12.63 |
Peer Comparison
Listed companies in the same business
| Company | P/E | ROE |
|---|---|---|
| Jeena Sikho Lifecare Ltd. | 26.75 | 27.67% |
| Sandu Pharmaceuticals Ltd. | 20.62 | 2.53% |
About Himalaya Nutravedics India Limited
Incorporated in June 2022, Himalaya Nutravedics India Limited is engaged in the manufacturing, marketing and distribution of Ayurvedic and nutraceutical formulations in India and also undertakes third-party contract manufacturing for other Ayurvedic and nutraceutical companies. The Company manufactures a diversified portfolio comprising classical (Shastric) Ayurvedic formulations, proprietary Ayurvedic formulations and nutraceutical supplements. Its products are available in multiple dosage forms, including soft gelatin capsules, hard gelatin capsules, tablets, liquid orals and medicated oils. The products cater to therapeutic and wellness areas such as gut health, cardiac and metabolic wellness, diabetes management, pain management, immunity, women’s wellness and general wellness. Himalaya Nutravedics operates through a hybrid business model comprising its own branded products and third-party contract manufacturing. Under its own-brand business, the Company develops, manufactures and markets Ayurvedic and nutraceutical products, while its third-party manufacturing business provides formulation, manufacturing, packaging and dispatch services based on client specifications. As of March 31, 2026, its own-brand business contributed approximately ₹2,202.54 lakh, representing about 51.14% of total revenue. The Company operates an integrated manufacturing facility in Hyderabad, Telangana, where formulation, production, quality control, packaging and finished-goods release are carried out internally. The facility is compliant with WHO-GMP standards and holds registrations and licences from AYUSH and FSSAI, along with certifications including ISO 9001:2015, ISO 22000:2018, HACCP, HALAL and KOSHER. As of July 31, 2026, the Company had 86 full-time employees across marketing, factory, finance, quality, compliance and administration functions. Competitive Strengths Geographic expansion across India. Long-standing supplier and customer relationships. Integrated multi-dosage manufacturing capabilities. Doctor acceptance supported by product performance. Broad therapeutic coverage across Ayurvedic and nutraceutical segments
Objects of the Issue
- Funding Working Capital Requirements (₹13.75 Cr)
- Business Development and Digital Marketing Activities (₹7.50 Cr)
- General Corporate Purposes
Promoters
- <p>Rohit Asawa
- Divya Asawa
- Chanda Asawa
- Rama Raju Penmatsa</p>
Company Information
- Book running lead managers
- Nirbhay Capital Services Pvt.Ltd.
- Registered office
- Plot No. 101/A, Phase-III, Industrial Development Park, Cherlapally, Hindustan Cables Ltd, Uppal, Hyderabad, Telangana, 500051
- Market maker
- Allwin Securities Ltd.
Official Documents
Opens the source filing in a new tab
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