IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Happy Steels Ltd

Registered Office : Kanganwal Road Jaspal Banger,,Ludhiana Punjab 141122 Phone :
Fax :

Email : cs@happysteels.com

Website : www.happysteels.com

Initial public offer of upto 37,88,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Happy Steels Limited ("the Company" or "the Issuer") at an issue price of Rs. 66 per equity share (including share premium of Rs. 56 per equity share) for cash, aggregating up to Rs. 25.08 Crores ("Public Issue") out of which upto 1,90,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 66 per equity share for cash, aggregating Rs. 1.25 Crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e Issue of 35,98,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 66 per equity share for cash, aggregating upto Rs. 23.75 Crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.51% and 25.18% respectively of the post- issue paid-up equity share capital of the company. Price Band: Rs. 66/- per equity share of face value Rs. 10/- each. The floor price is 6.6 times of the face value of the equity shares. Bids can be made for a minimum of 4,000 equity shares and in multiples of 2,000 equity shares thereafter.

Issue

Opens On

Closes On

09-Jul-2026

13-Jul-2026

Money Payable On

Application

Allotment

66.00

0.00

Minimum Application for shares in Nos : 4000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

21.76

25.08

14.29

66.00

Master Capital Services Limited

Share India Capital Services Private Limited

Projects

Capital Expenditure towards purchase of additional plant and machinery for its existing manufacturing unit

Repayment/ Prepayment of Term Loans to Banks

General corporate purposes

Promoted By

Parveen Kumar Garg

Abhishek Garg

Deepak Garg

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd