HGS (India) IPO
Listed on Fri, 6 Nov, 2026.
- Price band
- ₹114–120per share
- Lot size
- 1,200 shares
- Min. investment
- ₹2,88,0002 lots at the upper band (SME minimum)
- Issue size
- ₹34.56 CrFresh ₹27.91 Cr, OFS ₹6.65 Cr
- Registrar
- KFin Technologies
- Lead managers
- Hem Securities
Key dates
- Bidding opensFri, 30 Oct, 2026
- Bidding closesTue, 3 Nov, 2026
- AllotmentWed, 4 Nov, 2026
- ListingFri, 6 Nov, 2026
Listing day
- Listing price
- ₹160
- Listing gain
- +33.3%
- Day-1 close
- —
The last GMP before listing implied +22.5%; the stock actually opened at +33.3%.
Grey market premium
- Latest GMP
- +₹27
- Implied listing price
- ₹147
- Implied gain
- +22.5%
GMP is an unofficial premium quoted in the grey market. It moves with sentiment and often misses the actual listing price.
Allotment
Allotment was finalised on Wed, 4 Nov, 2026. Check with your PAN on the registrar's site or an exchange.
Registrar: KFin Technologies
Subscription
QIB
137.92×
NII (HNI)
424.67×
Retail
235.72×
Total
248.58×
As of 3 Nov, 5:56 pm IST. Bars use a square-root scale.
About the company
Company set up in 1986 that makes geophones, seismic cables, connectors and related accessories under the HG brand, used in oil, gas and mineral exploration, earthquake monitoring and vibration studies. The issue mixes new shares with an offer for sale.