HGS India Ltd

Registered Office: P-2 1 & 2 Floor,A-259 Defence Colony, New Delhi - 110024, Delhi, India. Phone : 011-46066604   Fax: Email : Website :www.hgsindia.com

initial public offer of up to 28,80,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of HGS (India) Limited ("The Company" or "HGS" or "The Offeror") at an offer price of Rs. 120 per equity share (including share premium of Rs. 110 per equity share) for cash, aggregating up to Rs. 34.56 Crores ("Public Offer") comprising of a fresh issue of up to 23,26,000 equity shares aggregating to Rs. 27.91 Crores (the "Fresh Issue") and an offer for sale of up to 5,54,000 equity shares by the selling shareholders, Pawan Singh, Anjali Singh, Trishna Singh, Beena Dosija, Karan Singh, Preneet Kaur, Anil Seth, Archna Dosija, Girrendra Kaur, Veena Uttamsingh, Anil Henrik Ramel Singh and Chaya Cecilia Ramel Homann ("Offer for Sale") aggregating to Rs. 6.65 Crores, (hereinafter refferd as "Selling Shareholders") out of which 1,45,200 equity shares of face value of Rs. 10 each, at an offer price of Rs. 120 per equity share for cash, aggregating Rs. 1.74 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Offer of [*] equity shares of face value of Rs. 10 each, at an offer price of Rs. 120 per equity share for cash, aggregating up to Rs. [*] Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.52 % and 25.19 % respectively of the post- offer paid-up equity share capital of the company. Price Band: Rs. 120/- per equity share of face value of Rs. 10 each. The floor price is 12.00 times of the face value of the equity shares. Bids can made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter. Issue Opens On Closes On 30-Oct-26 03-Nov-26 Money Payable On Application Allotment 120.00 0.00 Minimum Application for shares in Nos : 2400 Further Multiples of : 1200 Cr Lead Managers to the Issue Project Cost (.Cr) 0.00 HEM Securities Limited Project Financed through Current Offer (.Cr) 34.56   Post Issue Equity Share Capital (.Cr) 10.86 Issue Price () 120.00

Projects

Funding the capital expenditure towards replacement of plant and machinery for the existing manufacturing facility at Manesar

Funding the capital expenditure towards Backward Integration for setting up in-house gold plating facility

Funding the capital expenditure towards Infrastructural development of building on 3rd Floor at our existing manufacturing facility at Manesar,

General corporate purposes