Upcoming IPOs
All IPOs

HGS (India) IPO GMP

NSE EmergeListed

Engineering · Listed on NSE · 30 Oct 2026 - 03 Nov 2026

Jagat JoshiJagat Joshi
November 6, 2026
Issue Size
35.00 Cr
Price Band
₹114.00 - ₹120.00
Lot Size
1200 Shares
Min Investment
₹2,88,000
GMP
₹28
Subscription
248.58x
₹5,730.87 Cr
IPO Timeline
IPO OpensDONE
30 Oct 2026
IPO ClosesDONE
03 Nov 2026
Basis of AllotmentDONE
04 Nov 2026
RefundsDONE
05 Nov 2026
Demat CreditDONE
05 Nov 2026
ListingACTIVE
06 Nov 2026

About HGS (India) IPO

HGS (India) IPO open date is October 30, 2026 and the IPO will close on November 3, 2026. HGS (India) IPO is a Bookbuilding Issue. The company to raise around ₹34.56 crores via IPO that comprises fresh issue of ₹27.91 crores and offer for sale up to 5,54,000 equity shares with face value of ₹10 each.

HGS (India) IPO price band is ₹114 to ₹120 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. HGS (India) IPO to list on NSE SME on November 6, 2026. The allotment of HGS (India) IPO date is November 4, 2026.

The company reported revenue of ₹48.91 crores in 2026 against ₹53.45 crores in 2025. The company reported profit of ₹11.64 crores in 2026 against profit of ₹10.51 crores in 2025.

Advertisement

Day-wise GMP Trend

Date & TimeGMP (₹)Est. Listing PriceEst. Gain (%)Est. Profit / Lot (₹)
06-Nov-2026 02:53 PM+₹28₹148+23.33%₹33,600
05-Nov-2026 02:53 PM+₹28₹148+23.33%₹33,600
04-Nov-2026 02:52 PM+₹25₹145+20.83%₹30,000
03-Nov-2026 11:00 AM+₹30₹150+25.00%₹36,000
02-Nov-2026 06:00 PM+₹30₹150+25.00%₹36,000
01-Nov-2026 06:00 PM+₹30₹150+25.00%₹36,000
31-Oct-2026 06:00 PM+₹30₹150+25.00%₹36,000
30-Oct-2026 06:00 PM+₹0₹120+0.00%₹0
29-Oct-2026 06:00 PM+₹0₹120+0.00%₹0
28-Oct-2026 02:00 PM+₹0₹120+0.00%₹0
28-Oct-2026 10:49 AM+₹0₹120+0.00%₹0
27-Oct-2026 05:36 PM+₹0₹120+0.00%₹0

HGS (India) IPO GMP is ₹28 updated as of 06-Nov-2026 02:53 PM. The estimated listing gain for HGS (India) is 23.33% with an estimated profit of ₹33,600 per applied lot. Based on the latest GMP, the IPO may list at ₹148.

HGS (India) GMP touched a high of ₹30 on 03 Nov 2026, while the lowest GMP of ₹0 was recorded on 30 Oct 2026.

The GMP is available with historical trend, estimated listing price and day-wise grey market movement. The IPO GMP is an unofficial indicator that reflects investor-market sentiment, and demand for an IPO in unofficial market before listing. However, it may fluctuate based on investor demand, market conditions and overall sentiment.

Disclaimer:

The IPO GMP and estimated listing price mentioned on this page are provided for informational and educational purposes only. The grey market is unofficial and unregulated and can change without notice.

We do not buy or sell IPO applications in the grey market. Investors should not subscribe to an IPO based on GMP. Please do your own research and consider the company’s fundamentals, financial information, valuation, and risk factors before investing in an IPO.

Stock market investments are subject to market risks. Please read all offer-related documents carefully before investing.

Advertisement

HGS (India) IPO Lot Size & Estimated Profit

ApplicationLotsSharesEst. Profits (₹)
Individual investors (Retail) (Min)22,400+₹67,200
Individual investors (Retail) (Max)22,400+₹67,200
S-HNI (Min)33,600+₹1,00,800
S-HNI (Max)67,200+₹2,01,600
B-HNI (Min)78,400+₹2,35,200

Grey Market Premium Chart

Frequently Asked Questions (FAQ)

Comments0

Join the discussion

Please sign in to leave a comment or reply.

Sorted by