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Bombay Coated and Special SteelsOPEN · Sub 1.12×Antala IndutriesARCHIVE · Sub 0.55×Maxwell Engineering Solutions LimitedOPEN · Sub 4.17×Vectras EnproconOPEN · Sub 1.11×HGS (India)OPEN · Sub 1.53×Johnsoncab ElectricalsOPEN · Sub 1.07×M.K.Sons Fine JewelsALLOTMENT STAGE · Sub 2.90×Bombay Coated and Special SteelsOPEN · Sub 1.12×Antala IndutriesARCHIVE · Sub 0.55×Maxwell Engineering Solutions LimitedOPEN · Sub 4.17×Vectras EnproconOPEN · Sub 1.11×HGS (India)OPEN · Sub 1.53×Johnsoncab ElectricalsOPEN · Sub 1.07×M.K.Sons Fine JewelsALLOTMENT STAGE · Sub 2.90×

01 Nov 2026, 01:17 AM IST

Home / IPO / HGS (India)

OPENSME87% source confidence

HGS (India) IPO

Open 30 Oct 2026 · Close 3 Nov 2026 · Listing 6 Nov 2026

Price Band₹114.00–₹120.00

Live GMPNO GMP

Subscription1.53×

Issue Size₹34.56 Cr

OverviewOverview SubscriptionSubs.1.53×GMPGMPNO GMP AllotmentAllot.PENDING

Timeline Lot Size Objectives Financials KPIs Peers Lead Managers Documents

Peer Comparison

Company	Size	Revenue	Pat	Pe
HGS (India) IPO	₹ 34.56 Cr.	₹ 37.20 Cr.	₹ 13.32 Cr.	9.76 x
Core4 Engineers IPO	₹ 54.82 Cr.	₹ 182.60 Cr.	₹ 24.68 Cr.	15.90 x
Ravita Engineering IPO	₹ 116.05 Cr.	₹ 389.24 Cr.	₹ 40.52 Cr.	10.42 x
Vans Electroengineerings IPO	₹ 33.98 Cr.	₹ 22.84 Cr.	₹ 5.39 Cr.	23.79 x

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