Fixed Price IPO | ₹[.] Cr | Listing at BSE SME |
HGI Automotives Ltd. IPO is a Fixed Price Issue consisting solely of fresh issue of upto 0.75 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Nirbhay Capital Services Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to HGI Automotives IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 75,00,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 75,00,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,71,52,770 shares |
| Share Holding Post Issue | 2,46,52,770 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Sep 29, 2025 |
| SEBI/Exchange approval received | Thu, Nov 13, 2025 |
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| NII Shares Offered | 50% of the Net Issue |
Incorporated in 1998, HGI Automotives Limited is manufacturer of the non-ferrous pressure die cast components.
The company specializing in High-Pressure Die Casting, Machining and painting of non-ferrous components catering to various entities in the automotive, agriculture and white goods.
The company product portfolio encompasses a diverse range of Aluminium & Zinc components such as Inside Rear View Mirror, Base Frames for Mirror, Brackets for Wiper, Housing, Engine parts, Brake parts, FFD, PCB Cover, Manifold, Pump Body, Starter motor & Pulleys/Inner Hub for washing machine and Head covers for compressor, etc.
The company design and manufacture customised automotive components for their customers which gets either assembled at the respective OEM’s or at the Tier-1 which assembled for the OEM’s. Their manufacturing units, are located in Faridabad.
Competitve Strengths:
HGI Automotives Ltd.'s revenue increased by 23% and profit after tax (PAT) rose by 135% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 73.97 | 45.81 | 36.27 |
| Total Income | 122.25 | 99.79 | 84.22 |
| Profit After Tax | 8.58 | 3.64 | 2.12 |
| EBITDA | 18.54 | 10.38 | 7.42 |
| NET Worth | 17.76 | 9.27 | 5.96 |
| Reserves and Surplus | 16.30 | 7.89 | 4.25 |
| Total Borrowing | 42.66 | 27.39 | 22.64 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment or repayment of outstanding secured borrowings availed by the Company | 13.50 |
| 2 | Meeting Capex Requirement for purchasing plant and machinery | 28.08 |
| 3 | General Corporate Purpose |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 62.13% |
| ROCE | 37.03% |
| Debt/Equity | 2.37 |
| RoNW | 48.31% |
| PAT Margin | 7.07% |
| EBITDA Margin | 15.28% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 99.93% |
Lead Manager Reports
HGI Automotives IPO is a SME IPO of 75,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The HGI Automotives IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in HGI Automotives IPO using UPI as a payment gateway. Zerodha customers can apply in HGI Automotives IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in HGI Automotives IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The HGI Automotives IPO dates are not announced. Please check back again after some time.
HGI Automotives IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in HGI Automotives IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for HGI Automotives IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the HGI Automotives IPO allotment status.
The HGI Automotives IPO listing date is not yet announced. The tentative date of listing is .
