Bidding date
30 - 3 Nov 26
Minimum investment
₹2,88,000
Lot size
2400
Price range
₹114 - ₹120
Issue size
28.8 L Shares
IPO doc
RHP PDFAllotment date
4 Nov 26
Incorporated in 1986, HGS (India) Limited is engaged in the manufacturing of geophysical equipment and components used in seismic and geoscience applications. The company was established in technical and financial collaboration with Geosource Inc., USA, and operates under the brand name “HG”. The company’s product portfolio includes geophones, geophone strings, seismic cables, connectors, and a range of seismic accessories such as seismographs, seismometers, accelerographs, and related equipment. These products are designed for applications across oil & gas exploration, mineral exploration, defence research, earthquake seismology, and infrastructure monitoring. The company has a manufacturing facility in Manesar, Haryana, equipped with precision assembly lines, injection moulding machines, and cable manufacturing capabilities. It has also undertaken backward integration by producing key components in-house. As of September 30, 2025, the company serves customers across 21 countries and caters to 146 domestic and international clients. The company has 161 permanent employees.