Mumbai, Nov. 6 -- The scrip was listed at Rs 160, a 33.33% premium to the issue price. The stock is currently frozen at its upper limit of 5% from its listing price.

The counter hit a high of Rs 168 and a low of Rs 160. About 14.16 lakh shares changed hands on the NSE.

HGS (India)'s IPO was subscribed 231.18 times. The IPO opened for subscription on 30 October 2026 and closed on 3 November 2026. The price band was Rs 114-120 per share.

The IPO comprised a fresh issue of 23.26 lakh shares aggregating to approximately Rs 27.91 crore and an offer for sale (OFS) of 5.54 lakh shares worth around Rs 6.65 crore. The total issue size stood at approximately Rs 34.56 crore. The promoter and promoter group shareholding declined to 64.33% after th...