Open Date
09 Jul 2026
Close Date
13 Jul 2026
Listing Date
16 Jul 2026
Max Investment
₹7,92,000
Price Range
₹62 - ₹66
Lot Size
-
IPO Size
₹25.08Cr
Exchange Symbols
Happy Steels Ltd IPO
₹2,64,000
/ 4,000
Cutoff - Lot Size
Happy Steels IPO Dates and Timelines
Happy Steels IPO Size
Happy Steels IPO Reservation
Investor Category
Shares Offered
Allocation Percentage %
Anchor Investor Shares Offered
10,76,000
-
QIB Shares Offered
17,98,000
49.97%
NII (HNI) Shares Offered
5,40,000
15.01%
Retails Shares Offered
12,60,000
35.02%
Total Shares Offered
37,88,000
-
Total Shares with Anchor Investor
28,74,000
100%
Happy Steels IPO Lot Size
Applications
Lot
Shares
Amount
Retail (Min)
-
-
-
Retail (Max)
-
-
-
S-HNI (Min)
1
4000
₹2,64,000
S-HNI (Max)
3
12000
₹7,92,000
B-HNI (Min)
4
16000
₹10,56,000
Happy Steels IPO Shareholding Pattern
Category
Pre-Issue
Post-issue
Promoter Group
99.33%
72.98%
Public Group
0.67%
27.02%
Happy Steels IPO Financials
Total Assets Total Liabilities
Total Revenue Total Expenditure
EBITDA Profit
Share Capital
Happy Steels IPO Peers
Peer Name
P/E(x)
RoNW%
EMM Force Autotech Limited
19.39
9.04
Kross Limited
21.34
11.27
GNA Axles Limited
13.61
11.65
Happy Steels IPO Strengths & Risks
Strength
Risks
Customization Expertise
Experienced Promoter and management team with strong industry expertise and successful track record.
Sustainable business model.
Marquee clientele.
The compan'y top ten customers contribute majority of its revenues from operations and the company does not has long-term or firm commitment arrangements with any of its customers. Any loss of business from one or more of them may adversely affect the company revenues and profitability.IPO Registrars
Bigshare Services Pvt Ltd
Phone Number:
91-22-62638200
Email ID:
Website:
www.bigshareonline.com
Happy Steels Limited
Our Company was incorporated in 1996 and is an integrated manufacturer of Safety-Critical, Forged and Machined Transmission and Driveline components for On-highway vehicles, Off-highway vehicles, EV and Defence applications. Our Company's product portfolio consists of wide range of Axles, Long Spline Shafts, Spindle and other related components that are critical of vehicle performance and safety.
Contact Details
IPO Company Name:
Happy Steels Limited
Phone Number:
Email ID:
Website:
www.happysteels.com
Address:
Ludhiana, Punjab
Happy Steels IPO Overview
Happy Steels: IPO Dates
The Happy Steels IPO opens for subscription on 09 Jul 2026, and closes on 13 Jul 2026. Investors will likely receive their allotment status updates on 14 Jul 2026. Those who get allotted shares can expect them credited to their Demat accounts by 15 Jul 2026. The shares will be officially listed on the stock exchange on 16 Jul 2026.
Happy Steels: IPO Price Band
The IPO consists of a fresh issue and an offer for sale, with a price band set between ₹62.0 and ₹66.0 per share.Investors can apply within this range. This SME issue includes a fresh issue worth ₹25.08 crore and an offer for sale valued at ₹ - crore. The exact listing price will be revealed on 16 Jul 2026, which is when the shares start trading on the exchange.
Happy Steels: Lot Size and Issue Size
The minimum application lot size is shares, and investors need to apply for at least one lot. The total IPO size is approximately ₹25.08Cr crore.
How to Apply for Happy Steels IPO Online?
- 1. Log in to Torus Digital: Open the Torus Digital app and enter your login details.
- 2. Find the IPO Section: Navigate to the ‘IPO’ tab in the app.
- 3. Select Happy Steels IPO: Choose it from the list of available IPOs.
- 4. Enter Lot Quantity: Input how many lots you want to apply for.
- 5. Provide UPI ID: Submit your UPI ID for payment.
- 6. Approve Payment: When the payment request comes to your UPI app, approve it by entering your UPI PIN.
How to Check IPO Allotment Status for Happy Steels?
- 1. Open the Torus Digital app and log in.
- 2. Go to the ‘IPO’ section and select ‘IPO Orders’.
- 3. Choose the Happy Steels IPO application.
- 4. View your allotment status.
You will also get notified of your allotment via push notifications and email from Torus Digital.
FAQ’s
What is the open date of IPO?
- The opening date of IPO is 09 Jul 2026.
What is the close date of IPO?
- The closing date of IPO is 13 Jul 2026.
What is the issue size of IPO?
- The issue size of IPO is Rs 25.08 Cr.
What is the lot size of IPO?
- The size per lot of IPO is 4000.0.
How to apply for IPO?
- To apply for IPO:
- Navigate to the IPO section of mobile app/website
- Click on Current IPO
- Click on IPO
- Enter Lot Quantity
- Enter Valid UPI ID
- Click on apply
- Your application will be processed once the transaction is completed successfully.
What is the allotment date of IPO?
- The Allotment Date of IPO is 14 Jul 2026.
What is the listing date of IPO?
- IPO will get listed on 16 Jul 2026.
Who is the registrar of IPO?
- The registrar of IPO is Bigshare Services Pvt Ltd.
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