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    IPO Note | Upcoming IPO

    HGS India Ltd IPO

    Minimum Investment

    2,88,000

    Retail Investor can invest upto Rs 0 in IPO
    discount-img

    Retail Discount

    %
    date-image

    Open Date

    30-Oct-26
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    Close Date

    03-Nov-26
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    Application Timing

    IPO Details

    • Min Order Quantity
      2400
    • Price Range
      ₹114-120
    • Issue Size
      ₹32.83
    • Face Value
      ₹10
    • Listing at
      NSE - SME
    • IPO Doc
      DRHP PDFpdf - img

    Be an early investor

    Your favourite company is going public? Be the first in line at the IPO price

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    PS: It will just take 2 minutes*!

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    Lead Manager


    HEM Securities Limited

    About Company

    • registred-img
      Registered Office
      P-2 1 & 2 Floor,A-259 Defence Colony,
      New Delhi,110024,Delhi
    • managing-img
      Managing Director

    IPO Schedule

    Offer Start

    30-Oct-26

    Offer End

    03-Nov-26

    Allotment Finalization

    Refund initiation

    Demat transfer

    Listing

    Key Objective

    initial public offer of up to 28,80,000 equity shares of face value of Rs. 10/- each (the "Equity Shares")of HGS (India) Limited ("the Company" or "HGS" or "the Offer or") at an offer price of Rs. [*] per equity share (including share premium of Rs.[*] per equity share) for cash, aggregating up to Rs.[*] Crores ("Public Offer") comprising of a fresh issue of up to 23,26,000 equity shares aggregating to Rs. [*] Crores (the "Fresh Issue") and an offer for sale of up to 5,54,000 equity shares by the selling shareholders, pawan singh, anjali singh, trishna singh, beena dosija, karan singh, preneet kaur, anil seth, archna dosija, girrendra kaur, veena uttamsingh, anil henrik ramel singh and chaya cecilia ramel homann ("Offer for Sale") aggregating to Rs. [*] Crores, (hereinafter refferd as "Selling Shareholders") out of which 1,45,200 equity shares of face value of Rs. 10 each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Offer of [*] equity shares of face value of Rs. 10 each, at an offer price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.52 % and 25.19 % respectively of the post- offer paid-up equity share capital of the company. Price Band: Rs. 114/- to Rs. 120/- for equity share of face value of Rs. 10 each. The floor price is 11.40 times times the face value and cap price is 12.00 times of the face value of the equity shares. Bids can made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.

    Financial Snapshot ()

    Financial Year Ended Revenue ( Crores) PAT ( Crores) EPS ()
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    How to apply for IPOs with Arihant Capital

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    Step 1

    Go to IPO Online page

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    Step 2

    Login using your “client code” or PAN and mobile number by verifying OTP.

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    Step 3

    Click on “Apply IPO” to enter your bid quantity and UPI id.

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    Step 4

    Go to your UPI application and approve the payment request.

    Viola! You have successfully applied to the IPO.

    FAQ

    The Bidding Process

    First time bidding for an IPO? This is all you need to know.

    Bidding online is one of the most efficient ways to subscribe to an IPO.

    • If you are an Arihant Customer, simply login using your client code and OTP.
    • Not an Arihant customer? No worries, apply using your PAN number.
    • Enter the bid quantity and approve the UPI payment mandate.
    • Your bid is complete!

    When the IPO shares are allotted, you will either get full or partial allotment from the bid you made.

    Sometimes, the IPO is oversubscribed, and you may not get any shares allotted to you. In such cases the full amount will be refunded to you.

    What do I need to apply for an IPO?

    To apply for an IPO,

    • It is necessary to have a demat account and a UPI ID.
    • Don’t have a demat account yet? Click here.
    • Your mobile number should be linked to your bank account.

    Applying for an IPO using UPI is super quick.

    Haven’t started using UPI yet? Open one using your bank or UPI applications like Google Pay, BHIM, PhonePe etc.

    Click here to learn how to create your UPI

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