HGS (India) IPO Details

SME NSE

HGS (India) IPO Summary

HGS (India) IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.

HGS (India) IPO total issue size comprises 28,80,000 shares . This includes a fresh issue of 23,26,000 shares . Offer for Sale consists of 5,54,000 shares . Pre-issue shareholding stands at 85,32,713, which will increase to 1,08,58,713 post-issue.

HGS (India) IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

The Lead Managers for HGS (India) 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 Hem Securities 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 HGS (India) Limited DRHP.

HGS (India) IPO Details

Open Date

Close Date

Listing Date

Issue Price

₹0 - ₹0

Face Value

₹10 per share

Lot Size

GMP

₹0

Issue Type

IPO

Listing On

NSE

Type

Book Built Issue

Pre-issue Shareholding

85,32,713 shares

Post-issue Shareholding

1,08,58,713 shares

Total Issue Size

28,80,000 shares

Fresh Issue

23,26,000 shares

Offer for Sale

5,54,000 shares

DRHP Status

Filed with Exchange

HGS (India) IPO Lot Size

Application	Lots	Shares	Amount
To be announced

HGS (India) IPO Reservation

Promoter Holding

Pre Issue:

87.30%

Post Issue:

Promoter Names:

Anil Dass, Shashi Singh, Cecilia Margareta Singh Ramel, Sowar Private Limited

Documents

DRHP

HGS (India) IPO DRHP

HGS (India) IPO Valuations

ROCE10.79%

RoNW7.77%

PAT Margin26.04%

EBITDA Margin38.99%

EPS(₹) (Pre IPO)12.31

EPS(₹) (Post IPO)12.55

HGS (India) Financial Information

Period Ended	30 Sep 2025	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	111.37	104.04	113.70	114.52
Total Income	28.13	53.45	37.93	33.77
Profit After Tax	6.82	10.51	4.00	3.67
EBITDA	10.21	15.31	6.16	6.37
NET Worth	87.72	85.16	95.04	94.52
Reserves and Surplus	90.53	87.97	95.47	94.96
Amount in ₹ Crore

About HGS (India) IPO

HGS (India) Limited, incorporated in 1986, is engaged in the manufacturing of geophysical equipment and components used in seismic and geoscience applications. The company operates under the brand name “HG” and was established in technical and financial collaboration with Geosource Inc., USA.

The company offers a comprehensive product portfolio, including geophones, geophone strings, seismic cables, connectors, and a range of seismic accessories such as seismographs, seismometers, accelerographs, and related equipment. These products are engineered to meet the requirements of precision-driven geophysical applications.

HGS (India) Limited’s products are widely used across sectors such as oil & gas exploration, mineral exploration, defence research, earthquake seismology, and infrastructure monitoring, supporting critical data acquisition and analysis activities.

The company operates a manufacturing facility in Manesar, Haryana, equipped with precision assembly lines, injection moulding machines, and cable manufacturing capabilities. It has also undertaken backward integration by producing key components in-house, enhancing quality control and operational efficiency.

As of September 30, 2025, the company serves a diversified customer base across 21 countries, catering to 146 domestic and international clients, reflecting its global presence.

HGS (India) Limited has a workforce of 161 permanent employees, supporting its manufacturing operations and business growth.

Strength Of HGS (India) IPO

To be announced

Risk Of HGS (India) IPO

To be announced

Objectives HGS (India) IPO

1. Funding the capital expenditure towards replacement of plant and machinery for our existing manufacturing facility at Manesar, Gurugram

2. Funding the capital expenditure towards Backward Integration for setting up in-house gold plating facility

3. Funding the capital expenditure towards Infrastructural development of building on 3rd Floor at our existing manufacturing facility at Manesar, Gurugram

4. Pursuing unidentified acquisitions and general corporate purpose

5. Total

Company Contact Details

Portion-2, First & Second Floor, A-259, Defence Colony
New Delhi, New Delhi , 110024
Phone: 011-46066604
Email: cs@hgsindia.com
Website: https://www.hgsindia.com/

Registrar Contact Details

Name:

Kfin Technologies Ltd

Phone:

+91-40-67162222

Email:

hgs.ipo@kfintech.com

Website:

https://ipostatus.kfintech.com/

Lead Mangers

Market Maker

To be announced

HGS (India) FAQs

The HGS (India) IPO is a SME public issue comprising 2880000 equity shares with a face value of ₹10 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 NSE

The HGS (India) IPO opens on TBA.

HGS (India) IPO lot size is , and the minimum amount required for application is ₹.

You may apply for the HGS (India) 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 HGS (India) 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 HGS (India) IPO allotment status for updates.

The listing date for the HGS (India) IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

HGS (India) 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.