| Category | Subscription | Shares Offered | % of Total | Amount (₹Cr) |
|---|---|---|---|---|
|
Market Maker
|
Awaited |
145,200
|
— | ₹1.74 |
|
QIB
|
Over 56.31x
|
1,360,800
|
— | ₹16.33 |
|
NII / HNI
|
Over 424.52x
|
414,000
|
— | ₹4.97 |
|
Retail
|
Over 233.41x
|
960,000
|
— | ₹11.52 |
| Total | 174.22x | 2,734,800 |
100% | ₹32.82 |
| Category | Shares Offered | Amount (₹Cr) | Size (%) |
|---|---|---|---|
| QIB | 1,360,800 | ₹16.33 |
49.76%
|
| Market Maker | 145,200 | ₹1.74 |
5.31%
|
| NII | 414,000 | ₹4.97 |
15.14%
|
| Retail | 960,000 | ₹11.52 |
35.10%
|
| Total | 2,734,800 | ₹32.82 |
100.00%
|
| QIB | NII | Retail | Total | |||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor | Total QIB | Below ₹10L | Above ₹10L | Total NII | |||
| Allocation (shares) | — | — | — | — | — | 414,000 | 960,000 | 1,374,000 |
| Allotment price (₹) | 120 | 120 | 120 | 120 | 120 | 120 | 120 | 120 |
| No. of applications | — | — | — | — | — | — | — | — |
| No. of shares applied | — | — | — | — | — | — | — | — |
| Amount collected (₹Cr) | — | — | — | — | — | — | ₹11.52 | ₹11.52 |
| Times subscribed | 56.31x | — | — | — | — | 424.52x | 233.41x | 174.22x |
| Shares allotted | — | — | — | — | — | 414,000 | 960,000 | 1,374,000 |
| No. of allottees | — | — | — | — | — | — | — | — |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min — 2 Lots) | 2 | 2,400 | ₹288,000 |
| Retail (Max — 13 Lots) | 13 | 15,600 | ₹1,872,000 |
| S-HNI (Min — 14 Lots) | 14 | 16,800 | ₹2,016,000 |
| B-HNI (Min — 68 Lots) | 68 | 81,600 | ₹9,792,000 |
| Particulars | 30 Apr 2026 | 31 Mar 2026 | 31 Mar 2025 |
|---|---|---|---|
| Revenue from Operations | 3.79 | 48.91 | 53.45 |
| EBITDA | 1.58 | 16.89 | 15.31 |
| Profit After Tax (PAT) | 1.11 | 11.64 | 10.51 |
| Net Worth | 90.41 | 89.27 | 85.16 |
| Total Assets | 111.90 | 110.12 | 104.04 |
| Reserves & Surplus | 91.80 | 90.66 | 87.97 |
| Borrowings | N/A | N/A | N/A |
| EBITDA Margin (%) | 50.81 | — | — |
| PAT Margin (%) | 35.80 | — | — |
HGS (India) Ltd IPO is subscribed 174.22 times by Nov 03, 2026. Retail: 233.41x. QIB: 56.31x. NII: 424.52x.
| Investor Category | Subscription |
|---|---|
| Qualified Institutional (QIB) | 56.31x |
| Non Institutional (NII/HNI) | 424.52x |
| Retail Individual | 233.41x |
| Total Subscription | 174.22x |
The HGS (India) Ltd IPO retail category is subscribed 233.41 times as of 03 Nov 2026. The retail portion is oversubscribed.
Subscribe via your broker app using ASBA or UPI. Opens 30 Oct 2026 and closes 03 Nov 2026. Min investment: ₹144,000 (1 lot = 1,200 shares). UPI mandate: 5:00 PM on 03 Nov 2026.
The HGS (India) Ltd IPO subscribed 174.22x overall. QIB: 56.31x, NII: 424.52x, Retail: 233.41x. Applications: from NSE/BSE.
Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 04 Nov 2026. Refunds: on 05 Nov 2026.
The HGS (India) Ltd IPO listing date is 06 Nov 2026, Friday. Listed on: NSE SME. Issue price: ₹120. Estimated listing: ₹158. GMP: +₹38.
The HGS (India) Ltd IPO closes on 03 Nov 2026, Tuesday. UPI mandate: 5:00 PM on 03 Nov 2026. Allotment: 04 Nov 2026. Listing: 06 Nov 2026.