Happy Steels Ltd
IPO Day 2 Subscription Status
July 10, 2026 | 2 min read
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:
| Investor Category | Subscription (Times) |
|---|---|
| Qualified Institutional Buyers (QIB) | 0.21 |
| Non-Institutional Investors (NII) | 2.47 |
| Retail Individual Investors (RII) | 1.52 |
| Total | 4.20 |
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
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