HGS (India)
· SME · NSE
Price Band
₹114–120
Lot Size
1200 shares
Issue Size
₹35 Cr
Min. Investment
₹2,88,000
Grey Market Premium
Unofficial and indicative — can change during the day
No grey-market quote reported yet.
Subscription Status
Subscription data will appear once bidding opens.
HGS (India)IPO: Overview & Key Facts
HGS (India) IPO is an SME issue scheduled to open for subscription on 30 October 2026, listing on NSE. The price band is ₹114–₹120 per equity share, with a market lot of 1,200 shares. The total issue size is ₹35 Cr. At the upper price band, the minimum application for an individual investor is 2 lots (2,400 shares), amounting to ₹2,88,000 — SME issues require individual investors to bid for at least two lots.
HGS (India) IPO GMP Today
No grey market premium has been reported for HGS (India) IPO yet. For an issue that has not opened, that is common — informal quotes, if any, usually surface closer to the bidding window. An absent quote is not in itself a negative signal; SME issues in particular see little off-market trading. Read our complete guide to IPO GMP mechanics.
How to Apply for HGS (India) IPO & Check Allotment
Individual investors must apply for at least 2 lots (2,400 shares), about ₹2,88,000 at the upper price band. Applications are made through ASBA via net banking or the UPI mandate route with a registered stockbroker.
The registrar for this issue is KFin Technologies Ltd., with the basis of allotment scheduled for 4 November 2026 and listing expected on 6 November 2026. Once results are published, you can check your allotment status on our IPO Allotment Checker using your PAN or application number. If you are not allotted shares, the amount blocked in your bank account under ASBA is released after the basis of allotment is finalised.
Issue Objectives
- Funding the capital expenditure towards replacement of plant and machinery for our existing manufacturing facility at Manesar, Gurugram
- Funding the capital expenditure towards Backward Integration for setting up in-house gold plating facility
- Funding the capital expenditure towards Infrastructural development of building on 3rd Floor at our existing manufacturing facility at Manesar, Gurugram
- Pursuing unidentified acquisitions and general corporate purpose
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2400 | ₹2,88,000 |
| Individual investors (IND) (Max) | 2 | 2400 | ₹2,88,000 |
| S-HNI (Min) | 3 | 3600 | ₹4,32,000 |
| S-HNI (Max) | 6 | 7200 | ₹8,64,000 |
| B-HNI (Min) | 7 | 8400 | ₹10,08,000 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
12.31
EPS (Post IPO)
12.55
ROE
7.77%
Contact Details
HGS (India) Ltd. Address
- 110024011-460666
- cs@hgsindia.com
- https://www.hgsindia.com/
Registrar Contact Details
KFin Technologies Ltd.
- +91 40 6716 2222
- einward.ris@kfintech.com
- https://kfintech.com
- Selenium Tower B, Plot 31-32, Financial District, Nanakramguda, Hyderabad – 500032
Frequently Asked Questions
Key Dates
- Open Date
- 30 Oct 2026
- Close Date
- 03 Nov 2026
- Basis of Allotment
- 04 Nov 2026
- Listing Date
- 06 Nov 2026
Issue Details
- Registrar
- KFin Technologies
- Exchange
- NSE