HGS (India) IPO Subscription Status – Day 1
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 0.13 | 0.00 | 0.00 |
| RII | 0.13 | 0.00 | 0.00 |
| Total | 0.06 | 0.00 | 0.00 |
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The HGS (India) IPO minimum market lot is 2400 shares with ₹2,88,000 application amount. The HGS (India) IPO is a SME IPO, and it is to be listed on NSE SME.
Business Overview
HGS (India) Limited, established in 1986, is a company that makes specialised equipment used to study what lies beneath the Earth’s surface, especially for seismic and geoscience applications.
The company was formed with technical and financial support from Geosource Inc., USA, and operates under the brand name “HG”.
It manufactures products like geophones, seismic cables, connectors, and other accessories used to detect and record ground movements. These tools are widely used in areas such as oil and gas exploration, mineral discovery, earthquake research, defence studies, and monitoring the safety of large infrastructure projects.
As of September 30, 2025, the company has built a presence in 21 countries and works with 146 clients in India and abroad. It also has a team of 161 permanent employees.
HGS (India) IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
HGS (India) IPO Review and Rating
- May Apply For Long-term View
HGS (India) IPO Form
How to apply for the HGS (India) IPO? You can apply for HGS (India) IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the HGS (India) IPO in the Invest section. The other option is you can apply for HGS (India) IPO via IPO forms downloaded online. Check out the HGS (India) forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
