Happy Steels IPO
Subscription Details
View Subscription Details↳ NII Sub-Categories
bHNI (> ₹10L)
Bids above ₹10L
sHNI (< ₹10L)
Bids ₹2L to ₹10L
Overall Subscription
Total Bids Received
77.89x
Updated: 14 Jul, 04:55 pm
Happy Steels IPO Issue Details
Market Lot Details
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | - |
| Retail (Max) | 2 | 4,000 | - |
| sHNI (Min) | 3 | 6,000 | - |
| sHNI (Max) | 7 | 14,000 | - |
| bHNI (Min) | 8 | 16,000 | - |
Reservation Details
| Category | Shares Offered | % |
|---|---|---|
| NII | 5,40,000 | 14.31% |
| QIB | 7,22,000 | 19.06% |
| Anchor | 10,76,000 | 28.41% |
| Individual | 12,60,000 | 33.26% |
| Market Maker | 1,90,000 | 5.02% |
Company Information
Founded in 1996, Happy Steel Limited is an integrated manufacturer of safety critical, forgings and machined transmission and driveline components for applications on highway, off-highway, electric ve...
Valuations
EPS (Pre-IPO)
6.77
EPS (Post-IPO)
4.97
P/E (Pre-IPO)
9.76
P/E (Post-IPO)
13.28
RoNW
17.76%
PAT Margin
7.50%
P/B Value
1.73
Market Cap
₹94.29 Cr.
Financial Information (₹ in Crores)
| Metric | FY 26 | FY 25 | FY 24 |
|---|---|---|---|
| Total Assets | 99.66 | 78.62 | 78.37 |
| Total Revenue | 96.57 | 82.52 | 82.24 |
| Profit After Tax | 7.1 | 2.34 | 4.69 |
| Net Worth | 39.98 | 32.88 | 30.54 |
* All figures are in ₹ Crores unless otherwise stated.
Objectives of the Issue
- 1Capital Expenditure towards purchase of additional plant and machinery for the existing manufacturing unit
- 2Repayment/ Prepayment of Term Loans to Banks
- 3General corporate purposes
Happy Steels – Promoter(s)
Contact Details
Corporate Office
Kanganwal Road, Jaspal, Banger, Ludhiana, Punjab, 141122
Registrar Contact
Bigshare Services Pvt.Ltd.
Lead Managers
Share India Capital Services Pvt.Ltd.
Master Capital Services Ltd.
Frequently Asked Questions — Happy Steels IPO
Angel One
Open Free Demat Account
Zero brokerage on equity delivery. Get started in minutes.
Open Account →Zerodha
Brokerage Free Equity
India's largest broker with free equity investments.
Open Account →Upstox
Commission Free Trading
Trade with ₹20 flat brokerage. Open account in minutes.
Open Account →