Happy Steels Ltd IPO
Price Range
₹62 - ₹66
-
Min. Quantity
4,000 Shares
Closes on
July 13, 2026
-
Min. investment
₹2,64,000
Happy Steels Ltd IPO Timeline
| Event | Date |
|---|---|
| Happy Steels Ltd IPO Opening Date | July 9, 2026 |
| Happy Steels Ltd IPO Closing Date | July 13, 2026 |
| Basis of Allotment | July 14, 2026 |
| Initiation of Refunds | July 15, 2026 |
| Credit of Shares to Demat | July 15, 2026 |
| Happy Steels Ltd IPO Listing Date | July 16, 2026 |
Happy Steels Ltd IPO Details
| Happy Steels Ltd IPO Date | July 9, 2026 to July 13, 2026 |
| Happy Steels Ltd IPO Face Value | ₹10 per share |
| Happy Steels Ltd IPO Price | ₹62 to ₹66 per share |
| Happy Steels Ltd IPO Lot Size | 4,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹25.08 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹25.08 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | Not more than 7,22,000 of the Net Offer |
| Retail Shares Offered | Not less than 12,60,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 7,30,000 of the Net Offer |
| Company Promoters | Parveen Kumar Garg, Abhishek Garg, Deepak Garg |
Happy Steels Ltd IPO Lot Size
The Happy Steels Ltd IPO lot size is 4,000 shares. A retail-individual investor can apply for up to 0 lots (0 shares or ₹0).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 4,000 | ₹2,64,000 |
| Maximum | - | 0 | ₹0 |
- Strengths
- Risks
- Opportunities
- Customization Expertise
- Experienced Promoter and management team with strong industry expertise and successful track record.
- Sustainable business model.
- Marquee clientele.
Company Financials
Happy Steels Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2026 | 99.66 | 96.57 | 7.10 |
| 03-2025 | 78.62 | 82.52 | 2.34 |
| 03-2024 | 78.37 | 82.24 | 4.69 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Capital Expenditure towards purchase of additional plant and machinery for its existing manufacturing unit
- Repayment/ Prepayment of Term Loans to Banks
- General corporate purposes
Happy Steels Ltd IPO Promoter Holding
| Pre Issue Share Holding | 77.13% |
| Post Issue Share Holding | 56.68% |
Happy Steels Ltd IPO Subscription Status (Bidding Detail)
The Happy Steels Ltd IPO is subscribed 72.4314 times on July 13, 2026 05:00:00 PM. The public issue subscribed 73.2508 times in the retail category, 59.0111 times in the QIB category, and 84.2904 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 59.0111 | 84.2904 | 73.2508 | - | 72.4314 |
Happy Steels Ltd IPO Prospectus
Happy Steels Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE1GFG01011 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Kanganwal Road Jaspal Banger,Ludhiana-141122
Phone:
Email: cs@happysteels.com
Website: www.happysteels.com
Happy Steels Ltd IPO Registrar
Happy Steels Ltd IPO Lead Manager(s)
- Share India Capital Services Private Limited
- Master Capital Services Limited
How to Check the Allotment Status of Happy Steels Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Happy Steels Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Happy Steels Ltd IPO
Happy Steels Limited was originally incorporated as Happy Steels Private Limited' as a private limited company on June 14, 1996 pursuant to a Certificate of Incorporation issued by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh. Thereafter, Company was converted into a public limited company from a private limited company. Name of the Company changed to Happy Steels Limited' and a fresh Certificate of Incorporation was issued by the Registrar of Companies, Chandigarh on March 20, 2025.
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