1
Open
[.]
2
Close
[.]
3
Allotment
—
4
Listing
[.]
Issue Size
28,80,000 shares (agg. up to ₹[.] Cr)
Listing Date
[.]
✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 111.37 | 104.04 | 113.70 | 114.52 |
| Total Income | 28.13 | 53.45 | 37.93 | 33.77 |
| Profit After Tax | 6.82 | 10.51 | 4.00 | 3.67 |
| EBITDA | 10.21 | 15.31 | 6.16 | 6.37 |
| NET Worth | 87.72 | 85.16 | 95.04 | 94.52 |
| Reserves and Surplus | 90.53 | 87.97 | 95.47 | 94.96 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the capital expenditure towards replacement of plant and machinery for our existing manufacturing facility at Manesar, Gurugram | 18.50 |
| 2 | Funding the capital expenditure towards Backward Integration for setting up in-house gold plating facility | 1.05 |
| 3 | Funding the capital expenditure towards Infrastructural development of building on 3rd Floor at our existing manufacturing facility at Manesar, Gurugram | 4.73 |
| 4 | Pursuing unidentified acquisitions and general corporate purpose | |
| Total | 24.28 |
About HGS (India) IPO
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.+ Read More
Contact Details
HGS (India) Ltd. AddressPortion-2, First & Second Floor,A-259,Defence ColonyNew Delhi, New Delhi, 110024011-46066604cs@hgsindia.comVisit Website