29 Oct 2026 · IPO SME GMP Review
HGS (India) IPO: GMP today, review, price band, lot size & dates
HGS (India) IPO Fri, 30 Oct, 2026–Tue, 3 Nov, 2026 at ₹120; GMP ₹20 (16.7%). Price band, lot size, subscription and review.
HGS (India) Ltd is bringing a ₹35 Cr SME IPO at ₹114–₹120 per share. It is open for bidding from Fri, 30 Oct, 2026 to Tue, 3 Nov, 2026, with shares listing on NSE Emerge on Fri, 6 Nov, 2026.
HGS (India) IPO GMP today
The latest grey market premium (GMP) is ₹20, about 16.7% over the upper price band — an estimated listing price of ₹140. GMP is an unofficial figure and changes quickly; see the live GMP trend.
IPO details
| Detail | HGS (India) IPO |
|---|---|
| IPO type | SME (NSE Emerge) |
| Price band | ₹114 – ₹120 per share |
| Lot size | 1200 shares |
| Minimum investment | ₹2,88,000 (2 lots) |
| Issue size | ₹35 Cr |
| Fresh issue / OFS | ₹26 Cr / ₹7 Cr |
| Open – close | Fri, 30 Oct, 2026 – Tue, 3 Nov, 2026 |
| Allotment | Wed, 4 Nov, 2026 |
| Listing | Fri, 6 Nov, 2026 |
| Registrar | Kfin Technologies Ltd. |
Subscription status
| Category | Subscribed |
|---|---|
| QIB | 4.88× |
| NII / HNI | 31.91× |
| Retail | 25.56× |
| Total | 21.04× |
Financials (₹ crore)
| Period | Revenue | Profit |
|---|---|---|
| FY26 | 48.91 | 11.64 |
| FY25 | 53.45 | 10.51 |
| FY24 | 37.93 | 4 |
IPOPulse view
Neutral / mixed. Mixed numbers — wait for final-day subscription and the latest GMP.
- +Subscribed 21.04×
- +Profit 70.6%/yr
- +P/E 8.8
- −RoE 1.2%
This is a mathematical summary of the data, not investment advice.