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// SME IPO

HGS (India) IPO

HGSINDIALTSMEUpcoming

Opens for bidding on Friday, 30 October 2026 and closes on Tuesday, 3 November 2026.

Updated automatically · Last refreshed 29 Oct 2026, 3:55 pm IST

IPO timeline

  1. Opens · next

    Friday, 30 October 2026

  2. Closes

    Tuesday, 3 November 2026

    UPI mandate by 5 pm

  3. Allotment

    Wednesday, 4 November 2026(expected)

  4. Refunds & demat credit

    Thursday, 5 November 2026(expected)

  5. Listing

    Friday, 6 November 2026(expected)

Issue details

Price band
₹114 – ₹120 per share
Lot size
1,200 shares
Minimum application
1,200 shares · ₹1,44,000 at the upper price
Face value
Rs.10 per Equity Share
Issue type
Book Building
Issue size
Initial Public Offer comprising of Fresh Issue of up to 23,26,000 equity shares and Offer for Sale of up to 5,54,000 Equity Shares (including Market Maker portion of 1,45,200 Equity Shares)
Registrar
Kfin Technologies Limited
Lead manager(s)
Hem Securities Limited
Check allotment status (Kfin) ↗

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// FAQ

HGS (India) IPO: common questions

The HGS (India) IPO closes on Tuesday, 3 November 2026. Under SEBI's T+3 timeline, the basis of allotment is expected on Wednesday, 4 November 2026.

HGS (India) shares are expected to list on Friday, 6 November 2026 (T+3 after the issue closes).

The price band is ₹114 – ₹120 per share. Bids are made in lots of 1,200 shares, so one lot costs ₹1,44,000 at the upper end of the band.

Kfin Technologies Limited is the registrar for this IPO. Use the "Check allotment status" button on this page to open its status page, then search with your PAN or application number once the allotment is finalised (4 Nov). Your broker app usually shows it too.

If you are not allotted shares, the blocked money is released around Thursday, 5 November 2026 (T+2 under SEBI's timeline); allotted shares reach your demat account the same day.

Please note

This page updates itself every hour and shows facts about the issue only — no grey-market prices, no listing-day estimates and no opinion on whether to apply. Dates after the issue closes are expected dates under SEBI's T+3 timeline until the shares list. Read the offer document before you invest; this page is for information only.

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