HGS (India) IPO Allotment Chances

Bidding is open until 03 Nov 2026. Chances below use the latest subscription figures, recorded 2:26 pm, 30 Oct IST.

HGS (India) IPO

Open SME
Price Band
₹114–120
Minimum application
2,400 shares (2 lots)
Total Subscription
1.11x
Allotment date
04 Nov 2026
Allotment Chances — HGS (India) IPO
Retail 100.0% (0.16x subscribed)
High chance
S-HNI (₹2–10L) 100.0% (0.05x subscribed)
High chance
B-HNI (>₹10L) 100.0% (0.17x subscribed)
High chance
Retail undersubscribed - high chance of full allotment for all retail applicants.
Estimated from current subscription data, calibrated against published basis-of-allotment results. Actual allotment depends on the number of applications received and SEBI's allotment rules — draw of lots for Retail, Employee and NII; proportionate for QIB.
Applications vs Allotment Slots — HGS (India) IPO

HGS (India) reserved 9,60,000 shares for retail (individual) investors. Each winner gets 2,400 shares (2 lots), so there are 400 retail slots. With 62 retail applications so far, there are more slots than applicants — every valid retail application should be allotted.

CategoryApplicationsSubscriptionEst. chanceEst. allottees
Retail 62 0.16x 100.0% 62
S-HNI (₹2–10L) 2 0.05x 100.0% 2
B-HNI (>₹10L) 5 0.17x 100.0% 5
QIB 1 3.51x Proportionate —

Applications as reported at 2:26 pm, 30 Oct 2026 IST. B-HNI odds use a 3.50× correction from this issue's own lot value (₹1,44,000 per lot).

HGS (India) Allotment Chances FAQs

Retail was 0.16x subscribed so far, which is under 1x, so every valid retail application should get 2,400 shares (2 lots).

HGS (India) reserved 9,60,000 shares for retail investors and each winner gets 2,400 shares (2 lots), so at most 400 retail applicants can be allotted. 62 retail applications had been received at the last update.

No. Oversubscribed retail and NII categories are allotted by draw of lots, and each retail winner receives the minimum application of 2,400 shares (2 lots) (₹2,88,000 at the upper price). Separate applications from family members, each with their own PAN, are what add entries to the draw.

The HGS (India) allotment is due on 04 Nov 2026, with listing on 06 Nov 2026. Check the result with your PAN on the HGS (India) allotment status page.

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