Subscription status
- Total231.18x
Shares offered and bid for, by category
| Category | Shares bid for |
|---|---|
| Qualified institutional buyers (QIB) | 7,54,69,200 |
| Foreign institutions (FII) | 1,85,11,200 |
| Banks, financial institutions and insurers | 1,07,88,000 |
| Mutual funds | 13,33,200 |
| Other institutions | 4,48,36,800 |
| Non-institutional investors (NII) | 17,59,59,600 |
| NII: bids above ₹10 lakh (big NII) | 13,50,73,200 |
| Corporates | 19,36,800 |
| Individuals(Other than RIIs) | 13,15,30,800 |
| Others | 16,05,600 |
| NII: bids of ₹2–10 lakh (small NII) | 4,08,86,400 |
| Corporates | 6,51,600 |
| Individuals(Other than RIIs) | 3,91,98,000 |
| Others | 10,36,800 |
| Total | 25,14,28,800 |
Lot size and investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 2 | 2,400 | ₹2,88,000 |
| HNI / NII (minimum) | 3 | 3,600 | ₹4,32,000 |
IPO details
| Company | HGS (India) Limited |
|---|---|
| Board | SME (NSE Emerge) |
| Issue period | Fri, 30 Oct 2026 to Tue, 3 Nov 2026 |
| Price band | ₹114 – ₹120 |
| Face value | ₹10 per share |
| Lot size | 1200 shares |
| Shares offered (excl. anchor) | 20.66 lakh shares |
| Cut-off time for UPI Mandate Confirmation | 03-Nov-2026 (upto 5:00 PM) The cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. |
| Issue Size | Initial Public Offer comprising of Fresh Issue of up to 23,26,000 equity shares and Offer for Sale of up to 5,54,000 Equity Shares (including Market Maker portion of 1,45,200 Equity Shares and Anchor Allocation of 8,13,600 Equity shares) |
| Issue Type | Book Building |
| Tick Size | Re.1 |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. (Bidding Timings on Issue Closure upto 4:00 P.M.) |
| Sponsor Bank | Kotak Mahindra Bank Limited |
| Maximum Bid Quantity for QIB Investors | 19,21,200 Equity shares (Calculated at Higher Price band) |
| Maximum Bid Quantity for NIB Investors | 13,74,000 Equity shares (Calculated at Higher Price band) |
| Contact person name number and Email id | Williams R, +9140-67162222 , hgs.ipo@kfintech.com |
| Registrar | Kfin Technologies Limited |
| Lead managers | Hem Securities Limited |
Offer documents
Frequently asked questions
When does the HGS (India) IPO open and close?
It opens on Fri, 30 Oct 2026 and closes on Tue, 3 Nov 2026.
What is the price band of the HGS (India) IPO?
₹114 – ₹120 per share, with a face value of ₹10.
What is the lot size and minimum investment?
One lot is 1200 shares. SME retail investors must apply for at least two lots, which costs ₹2,88,000 at the top of the price band.
When is the allotment and listing date?
Allotment was on Wed, 4 Nov 2026 and the shares listed on Fri, 6 Nov 2026.
What was the HGS (India) IPO listing gain?
It listed at ₹160 on Fri, 6 Nov 2026, a gain of +33.3% on the issue price of ₹120.
How do I check the HGS (India) IPO allotment status?
On the registrar's website (Kfin Technologies Limited) or the NSE and BSE allotment pages, using your PAN or application number, from the allotment date.
For information only. Not investment advice. SmartFigure is not registered with SEBI as an investment adviser or research analyst. GMP is an unofficial, unregulated grey-market figure, averaged from public websites; it is not a prediction of the listing price. Rely on the offer documents.