New Delhi, June 12 -- Shares of Hexagon Nutrition, which manufactures nutritional products and supplements, listed at a premium of 7% over its initial public offering (IPO) price on Friday, June 12.

Hexagon Nutrition share price listed at Rs.48.25 on the NSE, a premium of Rs.3.25 or 7.22% over its offer price of Rs.45. Meanwhile, on BSE, the stock opened Rs.3 or 6.67% higher at Rs.48.

The stock extended gains to hit the 5% upper price band soon after its debut. On NSE, it rose to Rs.50.66 and on BSE to Rs.50.39.

The listing was largely in line with expectations as signalled by the grey market premium. Ahead of the listing, Hexagon Nutrition IPO GMP was Rs.2.75 per share, suggesting a listing pop of around 6%.

Hexagon Nutrition IPO, op...