New Delhi, June 2 -- Hexagon Nutrition's initial public offering (IPO) will open for subscription on Friday, 5 June and conclude on Tuesday, 9 June, seeking to raise Rs.139 crore. Ahead of the issue launch, the company fixed the price band at Rs.42-45 per equity share.

The IPO has not generated any activity in the grey market so far. According to investorgain.com, the grey market premium (GMP) stood at zero, indicating that the shares are currently expected to list around the issue price.

The public issue comprises only an offer for sale (OFS) of up to 30.86 million equity shares and does not include a fresh issue. Through the OFS, existing shareholders Arun Purushottam Kelkar, Subhash Purushottam Kelkar, Aditya Kelkar and Nutan Subhash...