HGS India Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

HGS India Ltd IPO

We are engaged in the business of manufacturing geophones, geophone strings, seismic cables, geophysical connectors, and parts and accessories for geophysical equipment for the seismic industry within the energy and geoscience sectors. Our products are used in the acquisition of seismic data and are integral to recording and transmitting ground vibration signals for the processing, interpretation, and analysis of subsurface geological structures.

HGS India Ltd IPO Details

Total Shares Offered

₹ 28,80,000

Offer to Public

5,54,000

Retail Max (Shares)

₹ 9,60,000

Pre Issue Promoters Holding

₹ 74,49,051

Exchange

NSE

Issue size

₹ 34.56 Cr

IPO Open Date

Oct 30, 2026

Close Date

Nov 3, 2026

Lot Size

2400

Min Investment

₹ 2,73,600

Issue Type

Book Building - SME

Listing Date

Nov 6, 2026

HGS India Ltd IPO Dates

Oct 30, 2026

Opening date

Nov 3, 2026

Closing date

Nov 4, 2026

Basis of Allotment

Nov 5, 2026

Initiation of Refunds

Nov 5, 2026

Credit of Shares

Nov 6, 2026

Listing date

Details

Sector	Type
Sector	Miscellaneous
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	1.77x	1360800	2413200
NII	1.24x	414000	514800
Retail	0.25x	960000	240000
Employee	0x	0	0
Total	1.1x	2880000	3168000

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

1.77x

1.24x

0.25x

1.1x

1360800

414000

960000

2880000

2413200

514800

240000

3168000

HGS India Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	49.08	35.48	29.65
EBITDA	15.97	7.47	6.97
PAT	9.89	3.87	2.81
Total Assets	46.70	55.61	54.72
Share Capital	7.11	9.48	9.48
Total Borrowings	1.25	8.53	0.54
Operating Activities (Net Cash)	11.34	5.33	4.34
Investing Activities (Net Cash)	16.44	16.43	18.52
Financing Activities (Net Cash)	1.25	8.53	0.54
Net Cashflow	5.69	4.44	4.57

About HGS India Ltd

Our Company was originally incorporated as Public Limited Company in the name of Geosource India Limited under the Companies Act, 1956 vide Certificate of Incorporation dated February 13, 1986 issued by the Registrar of Companies, Delhi, Haryana (RoC) bearing CIN U74899DL1986PLC023341. Further, pursuant to Special Resolution passed by the shareholders at the Extra Ordinary General Meeting held on March 17, 1992, the name of our Company was changed from Geosource India Limited to HGS (India) Limited and a fresh certificate of incorporation pursuant to change of name was issued by the Registrar of Companies, Delhi and Haryana vide certificate dated June 10, 1992.

Peer Comparison:

No listed in Industry Peers

HGS India Ltd Key Points

Strengths

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.

Risk

The company may be subject to surveillance measures, such as the Additional Surveillance Measures (ASM) and the Graded Surveillance Measures (GSM) by the Stock Exchanges which may adversely affect trading price of the company's Equity Shares.

Certain data mentioned in this Red Herring Prospectus has not been independently verified.

Any of the Bidders are not permitted to withdraw or lower their Bids (in terms of quantity of Equity Shares or the Bid Amount) at any stage after submitting a Bid.

Strategy

Continue to focus on manufacturing by expanding our product portfolio and end user industry segments.

Increase our manufacturing capacity through backward integration and operation efficiency.

Expansion of Geographical Footprint in India and Overseas.

Focus on consistently meeting quality standard and reduce operating costs to improve operational efficiencies.

How To Apply for HGS India Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the HGS India Ltd IPO?

HGS India Ltd's IPO offers shares for up to 27.91 It begins on Oct 30, 2026 and ends on Nov 3, 2026.

What is the price of the HGS India Ltd IPO?

The price of HGS India Ltd IPO ranges between ₹114 to ₹120 per share.

What are the open and close dates for the HGS India Ltd IPO?

The HGS India Ltd IPO opens on Oct 30, 2026 and closes on Nov 3, 2026.

When will the HGS India Ltd IPO be allotted?

The allotment for the HGS India Ltd IPO will be finalised on Nov 4, 2026. The shares will be listed on BSE and NSE on Nov 6, 2026.

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

The minimum lot size for HGS India Ltd IPO is 2400 shares, priced between ₹114 to ₹120 per share.

What is the GMP of HGS India Ltd IPO?

The GMP (Grey Market Premium) of HGS India Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of HGS India Ltd IPO?

To check the allotment status of HGS India Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the HGS India Ltd IPO getting listed?

The HGS India Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Oct 30, 2026, and closes on Nov 3, 2026. The allotment is finalised on Nov 4, 2026.

How do you apply for the HGS India Ltd IPO?

To apply for the HGS India Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.