Last day to apply today
Expected gain per share (25.0%) · from InvestorGain, 3 Nov, 9:37 AM IST
HGS (India) IPO opened on Fri, 30 Oct 2026 and closes on Tue, 3 Nov 2026. The price band is ₹114 to ₹120 per share and one lot is 1200 shares, so you need ₹2,88,000 to apply for 2 lots at the top price. Results (allotment) are expected on Wed, 4 Nov 2026, and the shares are expected to list on NSE Emerge on Fri, 6 Nov 2026. This is a small-company (SME) IPO: the minimum investment is higher and prices can swing a lot.
Track HGS (India) in the appThe latest grey market premium (GMP) for HGS (India) IPO is ₹30 per share, or 25.0% over the top price of ₹120. That points to a listing price of about ₹150. Updated 3 Nov, 9:37 AM IST.
| IPO Watch | ₹30 |
| InvestorGain (latest) | ₹30 |
| Today's range | ₹30 – ₹30 |
The IPO was subscribed 231.0 times overall. Demand is very high.
| Investor type | Times subscribed |
|---|---|
| Total | 231.0× |
| Opens | Fri, 30 Oct 2026 |
| Closes (5 PM IST for UPI) | Tue, 3 Nov 2026 |
| Results (allotment) | Wed, 4 Nov 2026 (expected) |
| Lists on NSE Emerge | Fri, 6 Nov 2026 (expected) |
| Price band | ₹114 – ₹120 |
| Lot size | 1200 shares |
| Minimum investment | ₹2,88,000 (2 lot) |
| Type | Small company (SME) |
| Exchange | NSE Emerge |
| NSE symbol | HGSINDIALT |
| Lead managers | Hem Securities Limited |
| Registrar | Kfin Technologies |
The latest GMP is ₹30 per share (3 Nov, 9:37 AM IST, from InvestorGain). GMP is unofficial and can change quickly.
The price band is ₹114 to ₹120 per share. One lot is 1200 shares.
₹2,88,000 for 2 lot at the top of the price band. The amount is blocked in your bank account and released if you don't get shares.
Allotment results are expected on Wed, 4 Nov 2026. You can check your status on the registrar's website (Kfin Technologies) with your PAN.
Listing is expected on Fri, 6 Nov 2026 on NSE Emerge.
Only if the offer document lists NRIs under eligible investors. NRIs apply through net banking (ASBA) from an NRE or NRO account, not UPI.
Information only, not investment advice. Exchange data from NSE; documents from SEBI. Page updated 3 Nov, 4:58 PM IST.