HGS India Ltd IPO

HGS India Ltd IPO

Miscellaneous

sme

Pre-apply

Bidding period

30 Oct 2026 - 03 Nov 2026

Bid price

₹114.00 - ₹120.00

Listing on

NSE-SME

Listing date

06 Nov 2026

Lot size

1200 shares

Issue size

₹34.56 crore


Minimum investment

₹2,88,000.00 / 2 lot

Maximum investment

₹2,88,000.00 / 2 lot

Bidding starts tomorrow

Open Demat Account
Open Demat Account

HGS India Ltd IPO dates

IPO opening date

30 Oct 2026

IPO end date

03 Nov 2026

Allotment date

04 Nov 2026

Initiation of refunds

05 Nov 2026

Credit of shares to demat

05 Nov 2026

IPO listing date

06 Nov 2026

HGS India Ltd IPO financials

Particulars

For the period ending in March 2025 (in ₹ million)

Total assets ₹104.03
Total liabilities ₹104.03
Total expenditure ₹39.27
Total revenue ₹53.10
Profit after tax ₹10.51
EBITDA ₹15.31
Adjusted EBITDA ₹0.00

HGS India Ltd shareholder pattern

Pre-issue Post-issue
Promoter group 87.3 64.34
Public group 12.7 35.66

HGS India Ltd strengths and risks

Information currently unavailable

  • Wide product portfolio catering to various end user industries.

  • Precision engineering expertise with complex product manufacturing capabilities.

  • Long term and well-established relationships with customers.

  • Focus on Quality Assurance.

  • Established supply chain and sourcing network.

  • Experienced Promoters and professional management team.

  • Our business is dependent on the sale of our products to certain key customers and we do not have any long term contracts with any of these customers. The loss of any of these customers or loss of revenue from sales to these customers could have a material adverse effect on our business, financial condition, results of operations and cash flows.

  • We derive a portion of our revenues from exports and are subject to risk of international trade in multiple countries including Netherlands where our wholly owned subsidiary is located.

  • We derive a significant portion of our revenue from the sale of our key product i.e. Geophones Strings/Harness and Seismic Cables. An inability to anticipate or adapt to evolving upgradation of the required products or inability to ensure product quality or reduction in the demand of these products may adversely impact our revenue from operations and growth prospects.

  • The impact of the USA- Iran War, Russian invasion of Ukraine, the Israel-Hamas war and the Iran-Israel conflict on the global economy is uncertain, but may prove to negatively impact our business and operations.

  • Under-utilization of our manufacturing facility and an inability to effectively utilize our expanded manufacturing capacities could have an adverse effect on our business, future prospects and future financial performance

  • Our reliance on certain industries for a significant portion of our sales could have an adverse effect on our business.

  • We are subject to strict quality requirements, customer inspections and audits, and any failure to comply with quality standards may lead to cancellation of existing and future orders and could negatively impact our reputation and our business and results of operations and future prospects.

  • We may be subject to risks associated with product warranty.

  • Our business is dependent on our manufacturing facility and we are subject to certain risks in our manufacturing process. Obsolescence, destruction, theft, breakdowns of our major plants or machineries or failures to repair or maintain the same or technology failures could disrupt our operations and have a material adverse effect on our business, results of operation or financial condition.

  • The industry where our Company operates requires deployment of skilled and technical employees including labour workforce and our success depends largely upon our ability to attract and retain these personnel.

How to check the allotment status of the HGS India Ltd IPO?

To check the IPO allotment status, follow these steps:

 

  1. Visit the official website of the IPO’s registrar.
  2. Go to the IPO allotment status page.
  3. Select the ‘HGS India Ltd’ from the list of available IPOs.
  4. Enter your PAN, Demat ID, or application number.
  5. Click on ‘Submit’ or ‘Check Status’ to view your allotment details.

Alternatively, you can also check the allotment status on stock exchange websites such as the NSE or BSE.

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HGS India Ltd IPO registrar

KFin Technologies Ltd

Phone number +9140-67162222
E-mail ID hgs.ipo@kfintech.com
Website www.kfintech.com

HGS India Ltd IPO reservation

QIB shares offered

5,44,320 (18.9%)

NII (HNI) shares offered

4,14,000 (14.37%)

Retail shares offered

9,60,000 (33.33%)

Anchor investor shares offered

8,16,480 (28.35%)

Total shares offered

28,80,000

Total shares with anchor investor

28,80,000

HGS India Ltd IPO lead manager

  • HEM Securities Limited

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How to apply for an IPO with Bajaj Broking?

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  • Log in to the Bajaj Broking trading platform and select ‘IPO’ from the menu.
  • Browse the list of open IPOs and click ‘Apply’ for your chosen IPO.
  • Enter the quantity and your UPI ID.
  • Submit your application—and you're done!

Frequently asked questions

What is the listing date for the HGS India Ltd IPO?

The listing date for the HGS India Ltd IPO is 06 Nov 2026.

What is the issue size of HGS India Ltd IPO?

The issue size of the HGS India Ltd IPO is ₹34.56 cr.

What is the minimum lot size needed for HGS India Ltd IPO?

The minimum lot size for HGS India Ltd IPO is 1200

When does the HGS India Ltd open and close?

HGS India Ltd IPO is open from 30 Oct 2026 to 03 Nov 2026.

How can I apply for the HGS India Ltd IPO?

To apply for the HGS India Ltd, follow the steps given below:

  • Log in to your Bajaj Broking trading account and navigate to the current IPOs section.
  • Browse the list of open IPOs and click ‘Apply’ for your chosen PO.
  • Enter the quantity and your UPI ID. You will receive a mandate notification to block funds in your UPI app.
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