HGS (India) IPO
Updated 17:43
SME IPO on NSE Emerge
Subscription
| Investor category | Shares bid for |
|---|
| Institutions (QIB) | 7,54,69,200 |
| HNI / NII | 17,59,59,600 |
| HNI, above ₹10 lakh | 13,50,73,200 |
| HNI, ₹2–10 lakh | 4,08,86,400 |
| Total | 25,14,28,800 |
NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 3 Nov 2026 19:00.
Applications from individual investors
94,287 applications in the individual investors' category (bidding for the minimum 2 lots).
NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.
Demand at each price
| Top price ₹120 | 4,773.26 lakh shares | 99.9% |
| Lower prices ₹114–119 | 3.91 lakh shares | 0.1% |
Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.
From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.
What is the HGS (India) IPO price band and lot size?
The price band is ₹114–120 per share, and one lot is 1200 shares (₹1,44,000 at the upper price).
When is the HGS (India) IPO allotment date?
Allotment was finalised on 4 Nov 2026, the next working day after bidding closed on 3 Nov 2026.
How many times was the HGS (India) IPO subscribed?
Subscription figures are not available yet.
What is the HGS (India) IPO listing date?
It listed on 6 Nov 2026 on NSE Emerge (SME).
When does the HGS (India) anchor lock-in end?
The 30-day lock-in on half of the anchor investors' shares ends on 3 Dec 2026 and the 90-day lock-in on the rest ends on 1 Feb 2027; they can sell from the next trading day.