HGS (India) IPO GMP today
The last HGS (India) IPO GMP reading, on 15 Nov 2026, was ₹27 (+22.5% over the issue price of ₹120). That points to a listing price of about ₹147.
HGS (India) actually listed at ₹160 (+33.3%), at or above what the GMP suggested.
GMP is an unofficial price from an unregulated grey market. It changes daily and is often wrong about the listing; treat it as one signal, not a forecast.
HGS (India) GMP trend
Over 20 readings the GMP has risen, from ₹0 to ₹27, with a high of ₹34 and a low of ₹0.
| Date | GMP | Over issue price | Implied listing price |
|---|---|---|---|
| 15 Nov 2026 | ₹27 | +22.5% | ₹147 |
| 14 Nov 2026 | ₹27 | +22.5% | ₹147 |
| 13 Nov 2026 | ₹27 | +22.5% | ₹147 |
| 12 Nov 2026 | ₹27 | +22.5% | ₹147 |
| 11 Nov 2026 | ₹27 | +22.5% | ₹147 |
| 10 Nov 2026 | ₹27 | +22.5% | ₹147 |
| 9 Nov 2026 | ₹27 | +22.5% | ₹147 |
| 8 Nov 2026 | ₹27 | +22.5% | ₹147 |
| 7 Nov 2026 | ₹27 | +22.5% | ₹147 |
| 6 Nov 2026 | ₹27 | +22.5% | ₹147 |
| 5 Nov 2026 | ₹32 | +26.7% | ₹152 |
| 4 Nov 2026 | ₹28 | +23.3% | ₹148 |
| 3 Nov 2026 | ₹25 | +20.8% | ₹145 |
| 2 Nov 2026 | ₹30 | +25.0% | ₹150 |
| 1 Nov 2026 | ₹30 | +25.0% | ₹150 |
| 31 Oct 2026 | ₹30 | +25.0% | ₹150 |
| 30 Oct 2026 | ₹34 | +28.3% | ₹154 |
| 29 Oct 2026 | ₹0 | +0.0% | ₹120 |
| 28 Oct 2026 | ₹0 | +0.0% | ₹120 |
| 27 Oct 2026 | ₹0 | +0.0% | ₹120 |
What GMP means
The grey market premium is how much above the issue price of ₹120 people in the unofficial market are willing to pay for shares before they list. A GMP of ₹50 on a ₹500 issue suggests a listing around ₹550.
It is not traded on any exchange, is not regulated by SEBI, and can move sharply with market mood and the subscription figures. Big IPOs with strong demand often hold their GMP; small ones can swing a lot.
Questions
What is the HGS (India) IPO GMP today?
The latest GMP is ₹27, about +22.5% over the issue price of ₹120.
What is the expected listing price of HGS (India)?
Going by the latest GMP, about ₹147. The actual listing price is set on listing day by the pre-open session and can differ a lot.
Is the HGS (India) GMP reliable?
Not very. It is an unofficial indicator that has been both too high and too low in the past. Compare it with the subscription figures and the company’s own numbers.
Learn more
- What is GMP? Full form and how to calculate it
- Kostak and subject-to-sauda rates
- What happens on listing day
Other IPOs
- Vectras Enprocon (SME) — ₹99–105 · listed 6 Nov 2026 · subscribed 4.20× · listing gain +1.0%
- Maxwell Engineering Solutions (SME) — ₹150–158 · listed 6 Nov 2026 · subscribed 536.80× · listing gain +90.0%
- Johnsoncab Electricals (SME) — ₹190–200 · listed 6 Nov 2026 · subscribed 23.82× · listing gain +19.3%
- Antala Industries (SME) — ₹63–66 · listed 11 Nov 2026 · subscribed 12.79× · listing gain -20.0%
- Bombay Coated and Special Steels — ₹78–82 · listed 5 Nov 2026 · subscribed 63.89× · listing gain +11.0%
- M.K.Sons Fine Jewels — ₹153–162 · listed 4 Nov 2026 · subscribed 5.09× · listing gain +5.6%
Track your family’s HGS (India) applications free — allotment checked at the registrar and emailed to you.
Information, not investment advice. GMP is an unofficial grey-market indicator; figures come from public sources (InvestorGain) and may be late or wrong. Not registered with or affiliated to SEBI, the exchanges, the registrars or InvestorGain.