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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
History
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
| Day | Total |
|---|---|
| Day 1 · 30 Oct | 1.53× |
| Day 2 · 2 Nov | 19.4× |
| Day 3 · 3 Nov | 231× |
QIB = qualified institutional buyers, NII = non-institutional (HNI) investors, Retail = individual bids up to ₹2 lakh. Figures are end-of-day captures; the final day's number can rise further after 5 PM as the exchange consolidates bids.
A plain-English summary of the business (from its prospectus) isn't available for this issue yet.
Across the 47 listings this tracker has scored, GMP called the direction right 83% of the time, missing the size of the move by a median 6.6pp. Read the — above with that error bar attached.
See the full scorecard →GMP is unofficial, unregulated grey-market chatter. It moves hourly, it is not a quoted price, and listing prices routinely diverge from it. Nothing on this page is a recommendation to apply for or avoid this issue — it is the public record plus a description of the business, published for education.
No active grey market premium is being tracked for HGS (India) right now. GMP (grey market premium) is unofficial, unregulated grey-market chatter — not a quoted price — and listing prices often differ from it.
The HGS (India) IPO price band is Rs 114 to Rs 120 per share, with bidding open from 30 Oct 2026 to 3 Nov 2026. It is an SME issue.
On this SME issue an individual investor bids exactly 2 lots of 1,200 shares each — Rs 2,88,000 at the upper price band. Larger applications fall in the non-institutional (NII) category.
As of 3 Nov 2026, the HGS (India) IPO was subscribed 231.07 times overall, per official NSE bid data.
Under SEBI's T+3 timeline the HGS (India) IPO allotment is expected on 4 Nov 2026 and listing on 6 Nov 2026; exchange holidays can shift these. Allotment status can be checked on the registrar's website (Kfin Technologies Limited).
Across the 47 IPO listings this tracker has scored, the grey market premium called the listing direction correctly 83% of the time, missing the size of the move by a median 6.6 percentage points. Each final GMP is frozen the day before listing and scored publicly against the actual debut.
Trade Edge AI does not make apply/avoid calls — it is not a SEBI-registered Investment Adviser or Research Analyst. This page publishes the public record (issue details, GMP history, listing outcome) and a plain description of the business so you can make your own decision; read the RHP and consult a SEBI-registered adviser.