Happy Steels Limited IPO
listed · NSE · Bookbuilding IPO
Happy Steels Limited IPO was a ₹25.00 crore book-built issue on NSE with a price band of ₹62–₹66 per share, open for bidding from 9 Jul 2026 to 13 Jul 2026.
Last updated: · How we collect data
Company overview
- Website
- https://happysteels.com/
IPO overview
Happy Steels Limited raised ₹25.00 crore through a book-built issue, made up entirely of new shares, so the proceeds go to the company.
Bids were accepted within a price band of ₹62–₹66 per share; the final issue price is set within this band after bidding closes.
The shares listed on NSE on 16 Jul 2026.
Share India Capital Services Pvt.Ltd. was the book-running lead manager and Bigshare Services Pvt.Ltd. is the registrar, which processes applications, allotment and refunds.
- Issue type
- Bookbuilding IPO
- Issue structure
- Fresh capital only
- Issue size
- ₹25.00 crore
- Price
- ₹62–₹66 per share
- Exchange
- NSE
- Lead manager
- Share India Capital Services Pvt.Ltd.
- Registrar
- Bigshare Services Pvt.Ltd.
IPO timeline
- Bidding opens 9 Jul 2026
- Bidding closes 13 Jul 2026
- Basis of allotment 14 Jul 2026
- Refunds / unblocking 15 Jul 2026
- Shares credited to demat 15 Jul 2026
- Listing 16 Jul 2026
Bidding ran from 9 Jul 2026 to 13 Jul 2026.
After bidding, the basis of allotment was due on 14 Jul 2026, refunds / unblocking of funds were due on 15 Jul 2026 and shares were due to be credited to demat accounts on 15 Jul 2026.
The shares listed on 16 Jul 2026.
Subscription summary
By the close of bidding, the issue was subscribed 77.81× overall (last figure recorded 13 Jul 2026).
A full category-wise breakdown is not available for this figure, so only the overall multiple is shown.
Recorded day by day: 9 Jul 0.60×, 10 Jul 3.14×, 11 Jul 3.14×, 12 Jul 3.14× and 13 Jul 77.81×.
Bids were received for 77.81× the shares available, so not every applicant in an oversubscribed category will receive shares.
Grey market premium (unofficial)
The last grey market premium (GMP) we recorded for this issue was ₹10 on 15 Jul 2026, equal to 15.2% of the upper price band.
Across 7 readings between 9 Jul 2026 and 15 Jul 2026, the quoted GMP ranged from ₹7 to ₹14.
We do not yet record actual listing prices, so this page does not compare the GMP with where the shares opened.
- GMP is unofficial: it is not published or verified by NSE, BSE or SEBI, changes quickly, and is not a forecast or guarantee of the listing price.
Allotment
The basis of allotment was due on 14 Jul 2026. Applicants can check their status using their PAN, application number or demat account details.
The registrar, Bigshare Services Pvt.Ltd., processes allotment; check status on its website or the exchange's application-status page.
Offer documents
Where the offer document differs from any figure on this page, the document prevails.
Sources and data methodology
NSE & BSE public-issue data; Chittorgarh and InvestorGain (fill gaps only); InvestorGain live subscription report (third-party); InvestorGain grey market report (unofficial); Chittorgarh allotment calendar. Methodology · Report an error
Tools
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In the news
- IPO Market Roundup - Week of July 20, 2026 · 20 Jul 2026
- IPO Market Roundup - Week of July 13, 2026 · 13 Jul 2026