SMEClosed

Happy Steels IPO Subscription Status

📅Offer Date: 09 Jul 2026 – 13 Jul 2026

Data sourced from BSE & NSE · Last updated

Total77.89x
QIB59.01x
NII113.95x
Retail73.25x

Happy Steels IPO was subscribed 77.89x in total when bidding closed on 13 Jul 2026, with 59.01x in the QIB category, 113.95x in NII, 73.25x in retail. Allotment is expected to be finalised on 14 Jul 2026.

QIB59.01xNII113.95xRetail73.25xTotal77.89x1×

Times subscribed by category against the 1× line.

74
≈ 1 in 74 retail allotment
low allotment chance

Based on retail subscription (73.25x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs7,22,0004,26,05,22059.01x
NIIs5,40,0006,15,33,000113.95x
SNIIs (<10L)1,80,0001,49,86,80083.26x
BNIIs (>10L)3,60,0004,65,44,400129.29x
Retail12,60,0009,22,95,00073.25x
Total25,22,00019,64,38,58077.89x
QIB / NII7,22,00000.00x

What this means for allotment & listing

Because Happy Steels closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Happy Steels IPO subscription FAQs