Happy Steels Ltd IPO Day 2 Subscriptions details: check bidding details

Happy Steels Ltd IPO day 2 subscription details:

The initial public offering of Happy Steels Ltd ended the second day with investors bidding 1.43 the available shares on offer worth 25.00. The retail investor portion of the IPO was subscribed 1.52 times the available shares on offer. Retail investors have 46.46% of the total issue reserved for them.

At the end of bidding on day 2, the qualified institutional buyers' (QIB) portion of the IPO got bids for 0.21 times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.

The non-institutional investors quota got bids for 2.47 times the available quota of shares. This segment includes HNI and ultra HNI investors.

Read More: Happy Steels Ltd IPO day 1 subscriptions details

Here's a snapshot of the subscription details:

Happy Steels Ltd IPO details :

Happy Steels Ltd's IPO consists of a fresh issue of ₹25.00. The IPO’s price band is ₹62 – ₹66 per share. The company’s shares will be listed on NSE - SME on 16 Jul 26.

Here are the key details of Happy Steels Ltd IPO

Offer for sale: 0.00 shares

Fresh issue: 25.00

Price Band: ₹62 – ₹66 per share

Bid open dates: 09 Jul 26

Allotment date: 14 Jul 26

Listing date: 16 Jul 26

Check our Upcoming IPO section for new listings. Open a free demat account online with m.Stock.