HGS (India) SME IPO subscription status
How many shares have been bid for, category by category, from the exchange's bid book (NSE Emerge), with the number of applications where the exchange publishes it and the arithmetic chance of getting the minimum allotment.
- Subscribed overall
- 231×
- 3 Nov 2026, 19:00 IST
- Individual investors
- 236×
- Non-institutional
- 315×
- Qualified institutions
- 138×
- Applications
- 1,21,075
Bid book as on 3 Nov 2026, 19:00 IST, day 3 of bidding, as published by NSE. Times subscribed = shares bid ÷ shares offered to the category (the anchor portion is not part of the book).
By category
Shares offered, shares bid and applications, as the exchange reports them.
| Category | Shares offered | Shares bid | Times | Applications |
|---|---|---|---|---|
| Qualified institutions | 5,47,200 | 7,54,69,200 | 138× | 95 |
| Foreign institutions | - | 1,85,11,200 | - | 16 |
| Banks, FIs and insurers | - | 1,07,88,000 | - | 37 |
| Mutual funds | - | 13,33,200 | - | 1 |
| Other institutions | - | 4,48,36,800 | - | 41 |
| Non-institutional | 5,59,200 | 17,59,59,600 | 315× | 26,693 |
| Above ₹10 lakh | - | 13,50,73,200 | - | 15,675 |
| ₹2 to 10 lakh | - | 4,08,86,400 | - | 11,018 |
| Individual investors | 9,60,000 | 22,62,88,800 | 236× | 94,287 |
| Total | 20,66,400 | 47,77,17,600 | 231× | 1,21,075 |
Day by day
The last bid book of each bidding day.
| Day | As on | Institutions | Non-institutional | Individual investors | Overall |
|---|---|---|---|---|---|
| Day 1 | 30 Oct, 17:03 | 4.41× | 1.87× | 1.18× | 2.22× |
| Day 2 | 2 Nov, 17:00 | 4.88× | 57.87× | 55.05× | 42.53× |
| Day 3 | 3 Nov, 19:00 | 138× | 315× | 236× | 231× |
The chance of getting the minimum allotment
Where a category is oversubscribed, the registrar draws lots: each successful application gets the minimum and no more. So the chance is the number of minimum applications the category can fill, divided by the applications received.
| Category | Minimum application | Minimums available | Applications | Chance, from the bid book |
|---|---|---|---|---|
| Individual investors | 2,400 shares · ₹2,88,000 | 400 | 94,287 | 1 in 236 |
Arithmetic on the bid book, not a view on the shares. Invalid and duplicate bids are removed before the draw, so the real ratio is usually better. The minimum application is at the upper end of the price band. Method: how the chance is worked out.
Timeline
Add to calendar- Anchor investors bid29 Oct
- Bidding opens30 Oct, 10:00
- Bidding closes3 Nov, 16:00
- UPI mandate cut-off3 Nov, 17:00
- Allotment finalised4 Nov
- Allotment status liveseen 4 Nov
- Refunds and UPI unblocks5 Nov
- Shares credited to demat5 Nov
- Listing and first trade6 Nov, 10:00
- Anchor lock-in ends on half4 Dec
- Anchor lock-in ends on the rest2 Feb
Bidding dates and cut-offs from the exchange. Allotment, refund, credit and listing dates follow SEBI's T+3 timetable (working days after bidding closes); the exchange's notice is final when it differs. Times are IST.
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Read the offer-document study for HGS (India) Limited
The figures on this page are the company's own, taken from its filings with the exchanges and SEBI, and every number links to the document and page it came from. They are reproduced as stated, not verified independently, and they are not forecasts by newboard.in. Nothing here is investment advice, a research report or a recommendation. newboard.in is not a SEBI-registered research analyst or investment adviser.