SMEUpcoming

HGS (India) Ltd. IPO

Opens 30 Oct

Price band
₹114–120
₹34.56 Cr issue
Min. investment
₹2,88,000
2 lots · 2,400 shares
Subscribed
—
Bidding opens 30 Oct
Listing
6 Nov
NSE Emerge
Grey-market premium₹0
No premium quoted yet, so no listing estimate

Unofficial grey-market data · updated Oct 27th 2026 11:34 PM. Source · Why GMP is unofficial

Timeline

  1. Opens30 Octupcoming
  2. Closes3 Novupcoming
  3. Allotment4 Novupcoming
  4. Demat credit5 Novupcoming
  5. Listing6 Novupcoming

Issue details

Lot size1,200 shares
Issue size₹34.56 Cr
RegistrarKFintech
Listing onNSE Emerge
Fresh issue₹27.91 Cr
Offer for sale₹6.65 Cr
Face value₹10
Offer typeFresh + OFS
How to apply: lot size by category, amount and steps

Allotment expected 4 Nov

Results are checked on KFin Technologies

Dates are provisional. Follow this IPO to get a reminder when bidding opens.

HGS (India) Ltd. IPO allotment status: how to check, timeline and FAQs

Application sizes

InvestorLotsSharesAmount
Individual minimum22,400₹2,88,000
HNI minimum33,600₹4,32,000

Key numbers

P/E (pre issue)8.8×
P/E (post issue)9.76×
EPS (pre issue)₹13.64
ROE13.35%
ROCE17.13%
RoNW13.04%
PAT margin25.77%
Debt / equity—
Market cap₹130.3 Cr

Source-reported ratios. Read them with the prospectus; this is not investment advice.

Promoter holding

Before issue87.3%
After issue64.33%

HGS (India) Ltd. IPO: common questions

HGS (India) IPO (SME), price band ₹114–120, bidding 30 Oct to 3 Nov, allotment 4 Nov, listing 6 Nov, registrar KFintech.

What is the HGS (India) IPO GMP today?

The last reported HGS (India) IPO GMP was ₹0 on 27 Oct. It has not been updated today, so treat it as out of date.

What is the HGS (India) IPO price band and lot size?

The price band is ₹114–120 per share and one lot is 1200 shares. The minimum application is 2 lots, about ₹2,88,000 at the upper price.

When does the HGS (India) IPO open and close?

Bidding opens on 30 Oct and closes on 3 Nov at 5 PM.

When is the HGS (India) IPO allotment date?

The allotment is expected to be finalised on 4 Nov.

How do I check HGS (India) IPO allotment status?

Check it on the registrar KFin Technologies' official allotment page (https://ipostatus.kfintech.com) by selecting HGS (India) and entering your PAN, application number or DP/client ID. You can also check on the BSE or NSE website.

What is the HGS (India) IPO listing date?

The shares are expected to list on 6 Nov.

Documents and sources

Prospectus / RHPIssue sourceKFin Technologies

Last checked 27 Oct 2026, 10:01 pm IST