{"id":332903,"date":"2026-10-30T09:31:05","date_gmt":"2026-10-30T04:01:05","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=332903"},"modified":"2026-10-30T09:31:05","modified_gmt":"2026-10-30T04:01:05","slug":"hgs-india-initial-public-offering-day-1-subscription-30-october-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/hgs-india-initial-public-offering-day-1-subscription-30-october-2026\/","title":{"rendered":"HGS India IPO Day 1: Subscription Opens Today, 30 October 2026"},"content":{"rendered":"

HGS India IPO opens today, 30 Oct 2026, closes 3 Nov. Price band Rs 114-120. Lot size 1,200 shares. Lists on NSE SME on 6 Nov.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The HGS India IPO opens for subscription today, 30 October 2026, and will remain open until 3 November 2026. HGS (India) Limited makes seismic and geoscience equipment, and the issue of about Rs 34.56 crore combines a fresh issue of 23,26,000 shares with an offer for sale of 5,54,000 shares. The price band is set at Rs 114 to Rs 120 per share, with a lot size of 1,200 shares, and the shares are proposed to list on the NSE SME platform. Since bidding has only just opened, subscription figures will start reflecting real demand as the days progress, so investors should track the live numbers through the session before deciding.<\/p>\n<\/p><\/div>\n

HGS (India) Limited, a maker of geophones, seismic cables and connectors used in oil and gas exploration, mineral discovery, defence and infrastructure monitoring, has opened its IPO for subscription today, 30 October 2026. The HGS India IPO is a book built SME issue of 28,80,000 equity shares worth about Rs 34.56 crore at the upper band of Rs 120, made up of a fresh issue of 23,26,000 shares and an offer for sale of 5,54,000 shares by promoters, and bidding remains open until 3 November 2026. The shares are proposed to list on the NSE SME platform.<\/p>\n

Of the total issue, 1,45,200 shares are set aside for the market maker. The company plans to use Rs 18.50 crore to replace plant and machinery at its Manesar facility in Gurugram, Rs 4.73 crore for infrastructure work there and Rs 1.05 crore for an in-house gold plating unit, with the balance for acquisitions and general corporate purposes.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n

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