Happy Steels
IPO Dates
Jul 9, 2026 – Jul 13, 2026
Issue Size
₹25 Cr
Lot Size
2000
Listing
Jul 16, 2026
Listing At
NSE SME
Happy Steels Live Subscription Details
All IPOsAll Live IPOsNII Sub-Categories
bHNI (> ₹10L)
Bids above ₹10L
sHNI (< ₹10L)
Bids ₹2L to ₹10L
Overall Subscription
Total Bids Received
77.89x
Happy Steels IPO Issue Details
- Issue Price
- ₹62-66 Per Equity Share
- Face Value
- ₹10 Per Equity Share
- Total Issue Size
- ₹25 Cr
- Fresh Share
- 37,88,000 shares(aggregating up to ₹25 crore)
- Listing At
- NSE SME
- Listing Date
- Jul 16, 2026
- Lead Manager
- Share India Capital Services Pvt.Ltd., Master Capital Services Ltd.
- Registrar
- Bigshare Services Pvt.Ltd.
Market Lot Details
Reservation Details
NII
5.4L
QIB
7.22L
Anchor
10.76L
Individual
12.6L
Market Maker
1.9L
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)
* 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
Happy Steels Allotment & Registrar Details
Check AllotmentBigshare Services Pvt.Ltd.
Happy Steels IPO Documents
Lead Managers
Share India Capital Services Pvt.Ltd.
Master Capital Services Ltd.
Frequently Asked Questions — Happy Steels IPO
The total issue size of Happy Steels IPO is ₹25 Cr.
The lot size for Happy Steels IPO is 2000 shares per lot.
The Happy Steels IPO opens on Jul 9, 2026 and closes on Jul 13, 2026.
The basis of allotment for Happy Steels IPO is expected to be finalized on Jul 14, 2026.
Happy Steels IPO is expected to be listed on Jul 16, 2026 on NSE SME.
The current GMP for Happy Steels IPO is ₹7. Note: GMP is an unofficial market indicator.
The registrar for Happy Steels IPO is Bigshare Services Pvt.Ltd.. You can contact them at ipo@bigshareonline.com.
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