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HGS India Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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HGS India Ltd IPO

Registered Office: P-2 1 & 2 Floor,A-259 Defence Colony , New Delhi - 110024 , Delhi , India.
Phone : 011-46066604   Fax:
Email :  cs@hgsindia.com  
Website :  www.hgsindia.com
initial public offer of up to 28,80,000 equity shares of face value of (Rs)10/- each (the "Equity Shares") of HGS (India) Limited ("The Company" or "HGS" or "The Offeror") at an offer price of (Rs)114-120 per equity share (including share premium of (Rs)104-110 per equity share) for cash, aggregating up to (Rs)32.83-34.56 Crores ("Public Offer") comprising of a fresh issue of up to 23,26,000 equity shares aggregating to (Rs)26.52-27.91 Crores (the "Fresh Issue") and an offer for sale of up to 5,54,000 equity shares by the selling shareholders, Pawan Singh, Anjali Singh, Trishna Singh, Beena Dosija, Karan Singh, Preneet Kaur, Anil Seth, Archna Dosija, Girrendra Kaur, Veena Uttamsingh, Anil Henrik Ramel Singh and Chaya Cecilia Ramel Homann ("Offer for Sale") aggregating to (Rs)6.32-6.65 Crores, (hereinafter refferd as "Selling Shareholders") out of which 1,45,200 equity shares of face value of (Rs)10 each, at an offer price of (Rs)114-120 per equity share for cash, aggregating (Rs)1.66-1.74 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Offer of [*] equity shares of face value of (Rs)10 each, at an offer price of (Rs)114-120 per equity share for cash, aggregating up to (Rs)[*] Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.52 % and 25.19 % respectively of the post- offer paid-up equity share capital of the company. Price Band: (Rs)114/- to (Rs)120/- per equity share of face value of (Rs)10 each. The floor price is 11.40 times the face value of the equity shares and the cap price is 12.00 times of the face value of the equity shares. Bids can made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Oct-26 03-Nov-26 (Rs)114.00-120.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2400  Further Multiples of :1200

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
HEM Securities Limited
Project Financed through Current Offer 32.83  
Post Issue Equity Share Capital 10.86  
Issue Price (Rs)114.00  
 
Projects
Funding the capital expenditure towards replacement of plant and machinery for the existing manufacturing facility at ManesarFunding the capital expenditure towards Infrastructural development of building on 3rd Floor at our existing manufacturing facility at Manesar,
Funding the capital expenditure towards Backward Integration for setting up in-house gold plating facilityGeneral corporate purposes
Promoted By
Anil Dass  
Shashi Singh  
Cecilia Margareta Singh Ramel  
Listing At
NSE - SME 
Registrar to the Issue
KFin Technologies Ltd