1. Completed
SME
SME issue. Allotment Out.
Source: IPO Guru Pro
Company information, issue size, price band, lot size, minimum investment, and the dates published for this issue.
HGS (India) Limited was incorporated in February 1986. It makes geophones, geophone strings, seismic cables, connectors and accessories used to collect seismic data. It works under the HG brand and was set up with technical and financial collaboration from Geosource Inc., USA. Its products are used in oil and gas exploration, mineral exploration, defence research, earthquake monitoring and vibration analysis. It also makes cables and connectors for resistivity meters and radar equipment. The company makes many key parts itself, including cable extrusion and injection moulding. Its plant is at Manesar, Haryana, with assembly, coil winding, magnetising and testing facilities. The plant is ISO 9001:2015 certified, holds ZED Gold certification and is a 100% Export Oriented Unit in the Noida Special Economic Zone. It exports to countries in North America, Europe, Asia and Africa. In 2015 it set up a wholly owned subsidiary, HGS Products B.V., in the Netherlands for sales and customer support.
Current premium in rupees, the derived percentage, and the indicative price. History shows observed readings only. A missing premium is unavailable, not ₹0.
Grey Market Premium (GMP) is an unofficial market indicator and is not published by stock exchanges. Estimated listing values are illustrative, may change, and should not be considered a forecast or investment recommendation.
Indicative only. A GMP-implied price is not a guaranteed listing price.
Subscription is shown in times subscribed. A missing multiple stays unavailable. A published zero is 0x.
Last updated: 03 Nov 2026, 7:30 PM IST
Source: IPO Guru Pro Data by IPO Guru
History retrieved: 04 Nov 2026, 3:25 PM IST
Stored subscription multiples. A missing category is left off this chart and is not drawn as 0x.
Revenue and profit are in rupees for each reporting period. Assets, liabilities, and ratios use the source unit when the statement includes them. Missing figures stay blank.
| Metric (Rs. Crore) | 30 Apr 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Assets | 111.90 | 110.12 | 104.04 | 113.70 |
| Total Income | 3.79 | 48.91 | 53.45 | 37.93 |
| Profit After Tax | 1.11 |
Allotment out. Check Allotment opens the verified registrar allotment portal. Sign-in is not required.
This is the actual change from the issue price to the listing price. It is separate from the unofficial GMP estimate. A missing price stays unavailable.
RHP, DRHP, and other links that passed the official address check. Unverified addresses are left out.
DRHP, RHP and other source documents appear here when the issue includes them.
Data by IPO Guru · Updated
HGS (India) is a Manesar based maker of geophones, seismic cables and connectors for seismic data collection. It plans to raise Rs 34.56 crore at the upper band of Rs 120 per share through a fresh issue and an offer for sale, and its total income was Rs 48.91 crore in FY2026.
Anil Dass, Shashi Singh, Cecilia Margareta Singh Ramel and Sowar Pvt.Ltd
1. Completed
2. Completed
3. Completed
4. Upcoming
Refund
Demat credit
Unofficial grey-market premium in rupees. Missing observations are not connected and are not drawn as ₹0. This chart is not the listing gain.
High ₹30 on 30 Oct 2026 · Low ₹0 on 27 Oct 2026
Tap a point for its rupee amount, percentage, and IST time. The table lists the same observations.
Source: IPO Guru Pro. History retrieved 05 Nov 2026, 5:00 PM IST.
| Observed (IST) | GMP (₹) | GMP % | Mark |
|---|---|---|---|
| 27 Oct 2026 | ₹0 | 0.00% | Low |
| 28 Oct 2026 | ₹0 | 0.00% | None |
| 29 Oct 2026 | ₹0 | 0.00% | None |
| 30 Oct 2026 | ₹30 | +25.00% | High |
| 31 Oct 2026 | ₹30 | +25.00% | None |
| 01 Nov 2026 | ₹30 | +25.00% | None |
| 02 Nov 2026 | ₹30 | +25.00% | None |
| 03 Nov 2026 | ₹25 | +20.83% | None |
| 04 Nov 2026 | ₹23 | +19.17% | None |
Unofficial grey-market premium in rupees. Missing observations are not connected and are not drawn as ₹0. This chart is not the listing gain.
High ₹30 on 30 Oct 2026 · Low ₹0 on 27 Oct 2026
Tap a point for its rupee amount, percentage, and IST time. The table lists the same observations.
Source: IPO Guru Pro. History retrieved 05 Nov 2026, 5:00 PM IST.
| Observed (IST) | GMP (₹) | GMP % | Mark |
|---|---|---|---|
| 27 Oct 2026, 4:48 PM IST | ₹0 | 0.00% | Low |
| 27 Oct 2026, 10:12 PM IST | ₹0 | 0.00% | Low |
| 28 Oct 2026, 10:48 AM IST | ₹0 | 0.00% | None |
| 28 Oct 2026, 4:48 PM IST | ₹0 | 0.00% | None |
| 28 Oct 2026, 10:00 PM IST | ₹0 | 0.00% | None |
| 29 Oct 2026, 10:48 AM IST | ₹0 | 0.00% | None |
| 29 Oct 2026, 4:48 PM IST | ₹0 | 0.00% | None |
| 29 Oct 2026, 10:12 PM IST | ₹0 | 0.00% | None |
| 30 Oct 2026, 10:48 AM IST | ₹0 | 0.00% | None |
| 30 Oct 2026, 4:48 PM IST | ₹19 | +15.83% | None |
| 30 Oct 2026, 10:12 PM IST | ₹34 | +28.33% | None |
| 31 Oct 2026, 10:48 AM IST | ₹30 | +25.00% | None |
| 31 Oct 2026, 4:48 PM IST | ₹30 | +25.00% | None |
| 31 Oct 2026, 10:12 PM IST | ₹30 | +25.00% | None |
| 01 Nov 2026, 10:48 AM IST | ₹30 | +25.00% | None |
| 01 Nov 2026, 4:48 PM IST | ₹30 | +25.00% | None |
| 01 Nov 2026, 10:12 PM IST | ₹30 | +25.00% | None |
| 02 Nov 2026, 10:48 AM IST | ₹30 | +25.00% | None |
| 02 Nov 2026, 4:48 PM IST | ₹30 | +25.00% | None |
| 02 Nov 2026, 10:12 PM IST | ₹30 | +25.00% | None |
| 03 Nov 2026, 10:48 AM IST | ₹30 | +25.00% | None |
| 03 Nov 2026, 4:48 PM IST | ₹25 | +20.83% | None |
| 03 Nov 2026, 10:12 PM IST | ₹25 | +20.83% | None |
| 04 Nov 2026, 10:48 AM IST | ₹25 | +20.83% | None |
| 04 Nov 2026, 3:00 PM IST | ₹23 | +19.17% | None |
Times subscribed. A missing day is not connected and is not drawn as 0x. A published zero stays 0x.
Tap a point for its multiple and IST time. The history table lists every stored day.
Source: IPO Guru Pro. History retrieved 04 Nov 2026, 3:25 PM IST.
| Day | Total | QIB | NII | Retail | Employee | Shareholder |
|---|---|---|---|---|---|---|
| 30 Oct 2026 | 0x subscribed | 0x subscribed | 0x subscribed | 0x subscribed | 0x subscribed | Unavailable |
| 02 Nov 2026 | 0x subscribed | 0x subscribed | 0x subscribed | 0x subscribed | 0x subscribed | Unavailable |
| 03 Nov 2026 | 0x subscribed | 0x subscribed | 0x subscribed | 0x subscribed | 0x subscribed | Unavailable |
| 11.64 |
| 10.51 |
| 4.00 |
| EBITDA | 1.58 | 16.89 | 15.31 | 6.16 |
| NET Worth | 90.41 | 89.27 | 85.16 | 95.04 |
| Reserves and Surplus | 91.80 | 90.66 | 87.97 | 95.47 |