Nobel Hygiene Ltd. IPO Details

Nobel Hygiene was incorporated on November 13, 2001. The company is India’s largest home-grown branded manufacturer of absorbent hygiene products by value among pure-play branded companies, and has led the adult absorbent hygiene category for seven years. Its portfolio spans adult, baby and feminine hygiene products under brands including Friends, B-Fit, Teddyy, Snuggy and RIO

Bidding Dates
To Be Announced
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
----15.5 M--₹1500.0 MDRHP DOC

Nobel Hygiene issue details

Nobel Hygiene has 15.5 M shares on offer

Nobel Hygiene IPO issue size is ₹ 1500.0 M

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation10%15%75%

Nobel Hygiene IMPORTANT IPO DATES

Issue Open Date-
Issue close Date-
Allotment Date-
Refund Date-
Demat Account Credit Date-
Listing Date-
Listing on Exchange(s)NSE and BSE

Nobel Hygiene NUMBER OF SHARES ON OFFER

Total15.5 M
Fresh Issue0
Offer for Sale15.5 M
Post Issue Promoter Holding %

Nobel Hygiene FINANCIALS

Period Revenue from Operations (Rs in crore) Net Profit (Rs in crore) Cash Flow from Operations (Rs in crore) Free Cash Flow (Rs in crore) Margins
FY26 846.8 18.9 71.1 60.3 10.0%
FY25 739.1 0.2 22.4 19.8 8.9%
FY24 728.5 -39.0 51.1 34.7 2.9%

Nobel Hygiene INFORMATION ON IPO ISSUE

About Nobel Hygiene

Nobel Hygiene was incorporated on November 13, 2001. The company is India’s largest home-grown branded manufacturer of absorbent hygiene products by value among pure-play branded companies, and has led the adult absorbent hygiene category for seven years. Its portfolio spans adult, baby and feminine hygiene products under brands including Friends, B-Fit, Teddyy, Snuggy and RIO

Object of the Issue

  • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
  • Investment in its subsidiary, NHBPL for part financing the augmentation of production capacity at Halol through setting up of the brownfield manufacturing-cum-warehousing facility within the boundaries of the existing Halol land
  • Investment in its subsidiary, NHBPL for part financing the augmentation of production capacity at Halol through purchase and installation of adult diaper machine line at Halol
  • General corporate purposes

Nobel Hygiene - PROMOTERS

Name
Kamal Kumar Johari
Kamini Kamal Johari

Nobel Hygiene - MANAGEMENT & LEADERSHIP

NameDesignation
Kamal Kumar JohariChairman & Managing Director
Kamini Kamal JohariNon-executive Director
Sunil Kumar ThakurNon-executive Nominee Director
Sandeep ZutshiIndependent Director
Lara Balsara VajifdarIndependent Director
Mahesh Salamatrai MakhijaniIndependent Director

Nobel Hygiene Book Running Lead Manager

ICICI Securities Limited

nobelhygieneipo@icicisecurities.com

Motilal Oswal Investment Advisors Limited

Nobelhygiene.ipo@motilaloswal.com

SBI Capital Markets Limited

nobelhygiene.ipo@sbicaps.com

Nobel Hygiene Registrar to the Offer

MUFG Intime India Private Limited

nobelhygiene.ipo@in.mpms.mufg.com

Nobel Hygiene Strengths

Omni-channel distribution

The company operates a diversified omni-channel distribution network across general trade, e-commerce, quick commerce, modern trade, institutional sales and exports. Its pan-India presence across 31 states and Union Territories, supported by 296+ stockists, 418 distributors and 689+ sales personnel, enables strong retail penetration and last-mile connectivity

Strength

Consumer awareness & market development

The company focuses on consumer education, awareness and destigmatisation to drive adoption of adult and feminine absorbent hygiene products. Its integrated television and digital campaigns promote dignity, independence and menstrual hygiene awareness while expanding brand reach and consumer acceptance

Strength

R&D capabilities

The company focuses on continuous product innovation to improve absorbency, leakage protection, comfort, skin-friendliness and fit across its absorbent hygiene portfolio. Its products are designed for Indian climatic conditions and consumer needs, with innovations including overnight adult dry pants, pant-style diapers and heavy-flow feminine hygiene pads

Strength

Nobel Hygiene Risks

Quality standard risks

The company’s absorbent hygiene products must consistently meet high standards of quality, hygiene, safety, absorbency and comfort. Any quality or performance issues, including leakage, skin irritation, contamination or packaging defects, could lead to recalls, customer claims, penalties and reputational damage, adversely affecting its business and financial performance

Risk

Counterparty credit risks

The company faces counterparty credit risk as it extends credit to distributors, e-commerce and quick-commerce partners, institutional, CSD and export customers. Delayed or defaulted payments could increase receivables, strain cash flows and adversely affect its business and financial performance

Risk

Risks of counterfeit products

The company’s brands, including Friends, B-Fit, Teddyy, Snuggy and RIO, may face risks from counterfeit, duplicate or look-alike products and unauthorised use of intellectual property. Such products could compromise quality and hygiene, cause customer dissatisfaction and negative publicity, and adversely affect the company’s reputation and financial performance

Risk

IPO FAQs

  • The promoters of the company are Kamal Kumar Johari and Kamini Kamal Johari.
  • The category allocation of qualified institutional buyers is 75.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 10.0%.