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Issue Open Date
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30-Oct-26
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Issue Closing Date
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03-Nov-26
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Application Money
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100
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Allotment Money
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Price Band
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114
-
120
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Minimium Application No.
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2400
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Issue Size (Shares)
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2066400
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Market Lot
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1
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Objective
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1. Funding the capital expenditure towards replacement of plant and machinery for our existing manufacturing facility at Manesar, Gurugram.2. Funding the capital expenditure towards Backward Integration for setting up in-house gold plating facility3. Funding the capital expenditure towards Infrastructural development of building on 2d Floor at our existing manufacturing facility at Manesar, Gurugram.4. Pursuing unidentified acquisitions and general corporate purpose
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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175959600
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Qualified Institutional Buyers
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75469200
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Retail Individual Investors
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75469200
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Business Description
We are engaged in the business of manufacturing geophones, geophone strings, seismic cables, geophysical connectors, and parts and accessories for geophysical equipment for the seismic industry within the energy and geoscience sectors. Our products are used in
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Promoter's Holding
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Total Share Capital
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7449051
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Offered to Public
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2880000
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Promoter's Holding (Pre-Issue)
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87.3
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Promoter's Holding (Post-Issue)
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64.34
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MORE > |
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Address |
Portion-2 First & Second Floor A-259 Defence Colony
New Delhi
,
Delhi
,
110024
Phone :
011-46066604
Email :
cs@hgsindia.com
Website :
www.hgsindia.com
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Registrar |
KFIN Technologies Ltd.
301 The Centrium 3rd Floor 57 Lal Bahadur Shastri Road Nav Pada Kurla (West) Mumbai
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Listed at |
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NSE
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Lead Manager |
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Hem Securities Ltd.
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Promoters |
Anil Dass Cecilia Margareta Singh Ramel Shashi Singh Sowar Pvt Ltd.
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