HGS (India) IPO subscription status

The HGS (India) IPO was subscribed 248.58× overall: retail 235.72×, non-institutional (HNI) 424.67× and qualified institutions (QIB) 137.92×.

What it means for your chances

With retail 235.72× subscribed, roughly 1 in 236 retail applications can expect one lot (about 0.4%). Retail shares in an oversubscribed IPO are given out by a computerised draw, one lot per winning application.

Questions

How many times was the HGS (India) IPO subscribed?

248.58× overall.

What is the retail subscription of HGS (India)?

The retail portion was subscribed 235.72×.

Which subscription figure matters for a retail applicant?

The retail figure: it decides the chance of an allotment in the retail draw. QIB and HNI demand show how large investors view the issue.

Learn more

Other IPOs

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.