IPO LabelHGS (India)
SMECloses today15 hours and 5 minutes until bidding closes at 4:00 pm.
Bidding closes today at 4:00 pm.
- Minimum
- ₹2,88,000
- Band
- ₹114–₹120
- Issue size
- ₹34.56 Cr
- GMP
- ₹30 (+25.00%)
- Subscribed
- 25.56×
GMP rumours
₹30(+25.00%)
Ranged ₹19–₹34 since 30 Oct
Unofficial grey-market chatter. Not a price, not a prediction, and not from any exchange.
Subscription by category
| Category | Bid(lakh) | Subscribed(×) | Chance |
|---|---|---|---|
| Retail2 lots | 242.88 | 25.56 | 1 in 26 |
| sHNI3 lots to ₹10 lakh | 38.72 | 27.71 | 1 in 28 |
| bHNI₹10 lakh + | 93.22 | 33.54 | 1 in 34 |
| InstitutionalQIB | 26.72 | 4.88 | — |
| All categories | 401.54 | 20.96 | — |
Value applied, by category
Where the money is, rather than how contested each line is. The two often disagree — a line can be the most subscribed and still be a small corner of the book.
| Category | Amount(₹ Cr) | Share(%) | Applications |
|---|---|---|---|
| Retail2 lots | 291.46 | 60.5 | 10,120 |
| sHNI3 lots to ₹10 lakh | 46.47 | 9.6 | 1,020 |
| bHNI₹10 lakh + | 111.86 | 23.2 | 1,001 |
| InstitutionalQIB | 32.07 | 6.7 | 3 |
| All categories | 481.85 | — | 12,144 |
Applications is the exchange's own count of how many people applied. NSE publishes it for SME issues only.
Captured — refreshing · shares bid
Reported figures
| ₹ crore | FY 24 | FY 25 | FY 26 |
|---|---|---|---|
| Revenue | 35.48 | 49.08 | 45.16 |
| EBITDA | 6.16 | 15.31 | 16.89 |
| Profit after tax | 4.00 | 10.51 | 11.64 |
| Total assets | 113.70 | 104.04 | 110.12 |
What the money is for
- Capital expenditure - replacement machinery53.9%
- Capital expenditure - backward integration3.7%
- Capital expenditure - building infrastructure11.6%
- General corporate purposes30.6%
Priced against its peers
- This issue, P/E
- 8.80
- Sector P/E
- 36.48
- AIA Engineering Ltd
- 32.03
- Bharat Electronics Ltd
- 55.02
- Bharat Heavy Electricals Ltd
- 99.56
These P/E figures are worked out by the same data service, at a share price it does not state — the company does not report them. A lower P/E than the sector is not a recommendation: it reflects growth, risk and size as much as price. The comparison is shown so the number has a reference, not to suggest a decision.
Figures from the company’s filings, copied by a third-party data service — we have not read them from the prospectus ourselves. Check them against the prospectus in Documents: that filing is the authority.
What one bid costs
Priced at the top of the band, which is what gets blocked on a cut-off bid.
| Category | Minimum | Maximum |
|---|---|---|
| Retailup to ₹2,88,000 | 2 lots₹2,88,000 | 2 lots₹2,88,000 |
| sHNIup to ₹10,00,000 | 3 lots₹4,32,000 | 6 lots₹8,64,000 |
| bHNIno upper limit | 7 lots₹10,08,000 | — |
Computed from the band by the same calculator that validates a bid before it is sent, so this table and the review sheet cannot disagree. A cut-off bid blocks at the upper band price, never the lower one.
The issue
- Issue type
- Book built
- Issue size
- ₹34.56 Cr
- Face value
- ₹10
- Lot size
- 1,200 shares
- Listing on
- NSE
- Symbol
- HGSINDIALT
- ISIN
- INE813R01012
- Daily window
- 10:00 – 17:00 IST · last day until 16:00
Timeline
- Opens
- 30 Oct
- Closes
- 3 Nov
- Basis of allotment
- 4 Nov
- Refunds
- 5 Nov
- Listing
- 6 Nov
Documents