News Details

( As on 16/09/2026 16:00)

Himalaya Nutravedics announces launch of initial public offering

Himalaya Nutravedics India Ltd. has announced public offering of 2499600 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 96.00 per share. The gross proceeds of the issue are expected to be Rs 2,649.58 lakhs.

The company's initial public offer (IPO) will open on 22 September 2026 and is expected to close on 24 September 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 100.00-106.00 per share.

The IPO includes a fresh Issue of 2499600 Equity Shares of the Company at an price of Rs 106.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Himalaya Nutravedics India Ltd. anticipates using the proceeds of the issue for Funding Working Capital Requirements Investment in Branding, Digital Marketing and Sales Expansion General Corporate Purposes.

Nirbhay Capital Services Pvt. Ltd. as lead manager & KFin Technologies Ltd. is the registrar, to the issue.