Grey-market premium (% of issue price) since we began tracking this IPO. GMP is unofficial and volatile.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2400 | ₹2,88,000 |
| Individual investors (IND) (Max) | 2 | 2400 | ₹2,88,000 |
| S-HNI (Min) | 3 | 3600 | ₹4,32,000 |
| S-HNI (Max) | 6 | 7200 | ₹8,64,000 |
| B-HNI (Min) | 7 | 8400 | ₹10,08,000 |
Updated on Oct 27, 2026 HGS (India) Limited (HGSI), incorporated in February 1986, manufactures geophones, geophone strings, seismic cables, connectors and accessories used in seismic data collection and geophysical equipment. Established in technical and financial collaboration with Geosource Inc., USA, the company operates under the “HG” brand. Its products are used in oil and gas exploration, mineral exploration, defence research, earthquake monitoring, vibration analysis and other geoscience applications. The company also manufactures cables and connectors for resistivity meters and radar equipment. HGS (India) has developed in-house manufacturing capabilities, including cable extrusion lines and injection moulding machines, enabling it to manufacture critical components and maintain quality control. Its manufacturing facility is located in Manesar, Haryana, and is equipped with precision assembly, coil winding, magnetising and testing facilities.
| Company | Ticker | Why comparable |
|---|---|---|
| AAlphageo (India) Ltd | NSE: ALPHAGEO | Seismic survey services provider, linked to HGS's market demand. |
| AAsian Energy Services Ltd | NSE: ASIANENE | Geophysical services provider for oil & gas, similar market. |
| PParas Defence and Space Technologies Ltd | NSE: PARAS | Precision engineering for defence, a key HGS end-market. |
| DData Patterns (India) Ltd | NSE: DATAPATTNS | Manufactures defence electronics, similar precision technology focus. |
| AApollo Micro Systems Ltd | NSE: APOLLO | Designs and manufactures defence electronics, comparable precision manufacturing. |
AI-selected comparable listed companies, for context only - not a recommendation. Verify before investing.
Aggregated by CoinWhisperer for convenience. Figures (GMP, subscription, price band) can change and may be delayed - always verify on the official source and with your broker before applying. Do your own research.