Skip to content
SME NSE Upcoming

HGS (India) IPO Subscription Status Today

HGS (India) IPO has received bids for 31,68,000 shares against 27,34,800 offered, an overall subscription of 1.16x by day 1 (30 Oct 2026). QIBs lead at 1.77x, while Retail (0.25x) portion is still undersubscribed.

Last updated · day 1 figures

Retail
0.25x
NII
1.24x
QIB
1.77x
Total
1.16x

HGS (India) IPO allotment chances

Approximate · day 1
Retail / Individual 0.25x
1 in 1 Fewer applications than lots
sNII ₹2–10 lakh 0.05x
1 in 1 Fewer applications than lots
bNII Above ₹10 lakh 3.56x
1 in 1 Fewer applications than lots

Where the demand is

HGS (India) IPO subscription by category Each line starts at 1x (fully subscribed) and ends at the category's subscription multiple, on a logarithmic scale. Values are listed in the table below. 0.01x 0.1x 1x 10x QIB QIB: 1.77x 1.77x NII NII: 1.24x 1.24x bNII bNII: 3.56x 3.56x sNII sNII: 0.05x 0.05x Retail Retail: 0.25x 0.25x Total Total: 1.16x 1.16x
Log scale. Lines run from 1x (fully subscribed): right means more demand than shares, left means shares still unbid.

HGS (India) IPO subscription by category

Category Shares offered Shares bid Amount bid Subscription
QIB 13,60,800 24,13,200 ₹28.96 Cr 1.77x
NII 4,14,000 5,14,800 ₹6.18 Cr 1.24x
bNII above ₹10 lakh 1,40,400 5,00,400 ₹6.00 Cr 3.56x
sNII ₹2–10 lakh 2,73,600 14,400 ₹0.17 Cr 0.05x
Retail 9,60,000 2,40,000 ₹2.88 Cr 0.25x
Total 27,34,800 31,68,000 ₹38.02 Cr 1.16x

* Shares Offered and Total Amount are calculated based on the upper price of the issue price range. * The portion of anchor investors (or market makers) is not included in the total number of shares offered.

Application-wise breakup and allotment chances

Category Lots reserved Applications Applied Chance per application
QIB — 3 — —
NII 115 19 0.17x 1 in 1
bNII 39 15 0.38x 1 in 1
sNII 76 4 0.05x 1 in 1
Retail 400 100 0.25x 1 in 1

"All valid" means applications are fewer than the lots reserved, so every valid application should get at least one lot. When applications exceed lots, allottees are picked by computerised lottery and "1 in X" is the rough chance for one application. The real chance is usually a little better: bids below the cut-off price and invalid applications are removed before the lottery.

HGS (India) IPO subscription day-wise

Category Day 1
QIB 1.77x
NII 1.24x
bNII 3.56x
sNII 0.05x
Retail 0.25x
Total 1.16x
Total added 1.16x

Cumulative figures at the end of each day. Read across a row to see how demand built up. Shading deepens as subscription rises above 1x; "Total added" is how much overall subscription grew that day.

Source : BSE/NSE

HGS (India) IPO reservation

Category Shares Share of issue
Qualified Institutional Buyers 13,60,800 49.76%
Non-Institutional Investors 4,14,000 15.14%
bNII · above ₹10 lakh 1,40,400 34% of NII
sNII · ₹2–10 lakh 2,73,600 66% of NII
Retail Individual Investors 9,60,000 35.10%
Public issue 27,34,800 100%

Allotment Chances Note

These are estimates from the latest application and subscription figures. Actual chances are usually somewhat better, because:

  • Not every bid is at the cut-off price. Bids below the final issue price are rejected before the lottery, so fewer applications compete.
  • Multiple-lot applications count once. In an oversubscribed retail or sNII portion, each application gets at most one minimum lot in the draw, however many lots it bid for.
  • Invalid applications drop out. Unapproved UPI mandates, PAN mismatches and duplicate applications are removed before allotment.

Applying for more lots in the retail category does not improve your odds; applying from separate family accounts does.

HGS (India) IPO subscription: FAQs

What is the overall subscription of HGS (India) IPO?
HGS (India) IPO is subscribed 1.16x overall as of day 1 (30 October 2026), with bids for 31,68,000 shares against 27,34,800 offered.
What is the retail subscription of HGS (India) IPO?
The retail portion is subscribed 0.25x as of day 1 (30 October 2026). 100 retail applications have been received for 400 lots available.
What is the QIB and NII subscription of HGS (India) IPO?
QIBs have subscribed 1.77x of their portion, and NIIs 1.24x (bNII 3.56x, sNII 0.05x) as of day 1 (30 October 2026).
What are the chances of getting HGS (India) IPO allotment?
Retail applications are below the number of lots available, so every valid retail application is likely to receive at least one lot.
How can I check HGS (India) IPO subscription status live?
This page shows category-wise and day-wise figures and is updated during bidding hours. The same data is published on the BSE and NSE websites under the issue name.
How do I apply for HGS (India) IPO?
Apply online through your broker or bank using UPI or ASBA. Choose the IPO, enter the number of lots and bid price (retail investors can bid at the cut-off price), and approve the UPI mandate before the issue closes on 3 November 2026.

Subscription figures are compiled from BSE and NSE bid data and can be revised by the exchanges after the issue closes. For information only; not investment advice.