HGS India IPO Allotment Status: Check Online on Kfin Technologies & NSE SME for Live Updates

As on 03 November 2026, 05:00 PM IST, the allotment for the HGS India IPO of ₹35 crores is expected to be finalized on 04 November 2026. Investors can check the allotment status through Kfin Technologies Ltd or on the NSE SME website using their PAN number or application number.
The subscription for the HGS India IPO closed on 03 November 2026. The IPO was open for bidding from 30 October 2026 to 03 November 2026 and was priced in the range of ₹114 to ₹120 per share. The total issue size was ₹35Cr.
Shares are expected to be credited to investors’ demat accounts on 05 November 2026, while the IPO is scheduled to list on NSE SME on 06 November 2026.
How to check HGS India IPO Allotment Status on Registrar site
Step 1: Visit Kfin Technologies Ltd
Step 2: Select HGSINDIALT from the drop-down menu on the page
Step 3: Enter details required like PAN Card, Application Number, or Demat Account Number
Step 4: Click on the ‘Submit’ Button and view your allotment status
How to check HGS India IPO Allotment Status on NSE website
Step 1: Go to Status of Issue Application Page on NSE Website
Step 2: Select “Equity & SME IPO bid details”
Step 3: Select IPO Company Code HGSINDIALT from the Dropdown
Step 4: Enter your PAN & Application Number in the required field
Step 5: Click on “Submit” Button and view your allotment status
Bidding Details for HGS India
Investor Category | Shares Offered | Shares bid for |
|---|---|---|
QIB (Ex. Anchor) Shares Offered | 5,47,200 | 7,54,69,200 |
NII (HNI) Shares Offered | 4,14,000 | 17,58,14,400 |
– bNII > ₹10L | 2,73,600 | 13,49,28,000 |
– sNII < ₹10L | 1,40,400 | 4,08,86,400 |
Individual Investor | 9,60,000 | 22,62,86,400 |
Total Shares Offered | 19,21,200 | 47,75,70,000 |
HGS India IPO Subscription Status
(As on 03 November 2026, 05:00 PM IST)
Day | Total | QIB | Retail | NII |
|---|---|---|---|---|
Day 1 | 1.54x | 4.43x | 0.26x | 0.93x |
Day 2 | 19.87x | 4.91x | 26.18x | 23.72x |
Day 3 | 202.67x | 105.06x | 205.68 | 293.55 |
HGS India IPO Subscription Rate
Category | Subscription Rate |
|---|---|
Non-Institutional (HNI) | 311.77 |
Qualified Institutions | 137.72 |
Retail | 224.73 |
Total Subscription | 225.05 |
What happens if you get the HGS India IPO allotment?
If you get HGS India IPO allotment, the company’s shares will be credited to your demat account on 05 November 2026, based on your allotment. Once the shares are credited, the amount blocked in your bank account will be debited accordingly.
After the IPO is listed on 06 November 2026 on the NSE SME, you may choose to either hold the shares as a long-term investment or sell them in the market.
What if you didn’t get the HGS India IPO allotment?
If you didn’t receive allotment of HGS India IPO:
• Refunds will be initiated on or about 05 November 2026.
• The amount will be credited to your bank account linked to UPI.
• After the listing date, you can continue to track and invest in the stock directly through Kotak Neo
HGS India IPO Allotment Status FAQs:
The allotment date of the HGS India IPO is 04 November 2026.
You can check the allotment status of the HGS India IPO on the IPO allotment page of the Kfin Technologies Ltd or the NSE SME by entering your PAN number, application number, or Demat account details.
The HGS India IPO refund date is 05 November 2026.
The official Registrar of HGS India IPO is Kfin Technologies Ltd.
The shares of HGS India are expected to be listed on NSE SME on 06 November 2026. You can track listing gains or losses on Kotak Neo.
Buying HGS India on the listing day depends on the company’s valuation, market sentiment, and your investment goals. Always analyse the stock fundamentals and listing price before making any investment decision.
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer

Neha Dubey has spent 6+ years turning market chaos into something readable. At Kotak Neo, she works on IPOs and writes for the Market Ready newsletter — making sense of the markets so you don't have to.
Off the clock, she's chasing good stories, new cuisines, and the occasional impromptu singalong. A believer in small pleasures, with excellent taste for a well-timed splurge.
Right Tools, Rich Insights










