HGI Automotives IPO Details

SME BSE

HGI Automotives IPO Summary

HGI Automotives Logo | HGI Automotives IPO Details, Date, Price, GMP, Live Subscription

HGI Automotives IPO DRHP (Draft Red Herring Prospectus) has been Exchange Approval Received.

HGI Automotives IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

The Lead Managers for HGI Automotives IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Nirbhay Capital Services Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the HGI Automotives Limited DRHP.

HGI Automotives IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
-
Lot Size
Shares
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Pre-issue Shareholding
-
Post-issue Shareholding
-
Total Issue Size
-
Fresh Issue
-
Offer for Sale
-
DRHP Status
Exchange Approval Received

HGI Automotives IPO Lot Size

ApplicationLotsSharesAmount
To be announced

HGI Automotives IPO Reservation

Promoter Holding

Pre Issue:
-
Post Issue:
-

HGI Automotives IPO Valuations

ROE62.13%
ROCE37.03%
DEBT/EQUITY2.37
RONW48.31%
PAT MARGIN7.07%

HGI Automotives Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets73.9745.8136.27
Total Income122.2599.7984.22
Profit After Tax8.583.642.12
EBITDA18.5410.387.42
NET Worth17.769.275.96
Reserves and Surplus16.307.894.25
Total Borrowing42.6627.3922.64
Amount in ₹ Crore

About HGI Automotives IPO

Incorporated in 1998, HGI Automotives Limited is manufacturer of the non-ferrous pressure die cast components.

The company specializing in High-Pressure Die Casting, Machining and painting of non-ferrous components catering to various entities in the automotive, agriculture and white goods.

The company product portfolio encompasses a diverse range of Aluminium & Zinc components such as Inside Rear View Mirror, Base Frames for Mirror, Brackets for Wiper, Housing, Engine parts, Brake parts, FFD, PCB Cover, Manifold, Pump Body, Starter motor & Pulleys/Inner Hub for washing machine and Head covers for compressor, etc.

The company design and manufacture customised automotive components for their customers which gets either assembled at the respective OEM’s or at the Tier-1 which assembled for the OEM’s. Their  manufacturing units, are located in Faridabad.

Strength Of HGI Automotives IPO

To be announced

Risk Of HGI Automotives IPO

To be announced

Objectives HGI Automotives IPO

1. Prepayment or repayment of outstanding secured borrowings availed by the Company

2. Meeting Capex Requirement for purchasing plant and machinery

3. General Corporate Purpose

Company Contact Details

HGI Automotives Ltd.
Plot No. 19,
Sector-58,
Faridabad, Haryana, 121001
Phone: +91-8800195569
Email: info@hgiautomotives.com
Website: http://www.hgiautomotives.com/

Registrar Contact Details

Name:
Kfin Technologies Ltd
Phone:
+91-40-67162222

HGI Automotives FAQs

The HGI Automotives IPO is a SME public issue comprising equity shares with a face value of each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is shares.

The IPO opens for subscription on TBA, and closes on TBA.

Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The HGI Automotives IPO opens on TBA.

HGI Automotives IPO lot size is , and the minimum amount required for application is ₹.

You may apply for the HGI Automotives IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the HGI Automotives IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the HGI Automotives IPO allotment status for updates.

The listing date for the HGI Automotives IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

HGI Automotives IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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