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Happy Steels IPO GMP

NSE EmergeListed

Engineering · Listed on NSE · 09 Jul 2026 - 13 Jul 2026

Jagat JoshiJagat Joshi
October 29, 2026
Issue Size
25.00 Cr
Price Band
₹62.00 - ₹66.00
Lot Size
2000 Shares
Min Investment
₹2,64,000
GMP
₹10
Subscription
54.84x
₹1,302.31 Cr
IPO Timeline
IPO OpensDONE
09 Jul 2026
IPO ClosesDONE
13 Jul 2026
Basis of AllotmentDONE
14 Jul 2026
RefundsDONE
15 Jul 2026
Demat CreditDONE
15 Jul 2026
ListingDONE
16 Jul 2026

About Happy Steels IPO

Happy Steels IPO open date is July 9, 2026 and the IPO will close on July 13, 2026. Happy Steels IPO is a Book-build Issue. The company to raise around ₹25 crores via IPO that comprises fresh issue of ₹25 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Happy Steels IPO price band is ₹62 to ₹66 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Happy Steels IPO to list on NSE on July 16, 2026. The allotment of Happy Steels IPO date is July 14, 2026.

The company reported revenue of ₹82.52 crores in 2025 against ₹82.24 crores in 2024. The company reported profit of ₹2.34 crores in 2025 against profit of ₹4.69 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

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Day-wise GMP Trend

Date & TimeGMP (₹)Est. Listing PriceEst. Gain (%)Est. Profit / Lot (₹)
16-Jul-2026 12:00 PM+₹10₹76+15.15%₹20,000
15-Jul-2026 12:00 PM+₹12₹78+18.18%₹24,000
14-Jul-2026 12:00 PM+₹8₹74+12.12%₹16,000
13-Jul-2026 12:00 PM+₹14₹80+21.21%₹28,000
11-Jul-2026 12:00 PM+₹7₹73+10.61%₹14,000
10-Jul-2026 12:00 PM+₹8₹74+12.12%₹16,000

Happy Steels IPO GMP is ₹10 updated as of 16-Jul-2026 12:00 PM. The estimated listing gain for Happy Steels is 15.15% with an estimated profit of ₹20,000 per applied lot. Based on the latest GMP, the IPO may list at ₹76.

Happy Steels GMP touched a high of ₹14 on 13 Jul 2026, while the lowest GMP of ₹7 was recorded on 11 Jul 2026.

The GMP is available with historical trend, estimated listing price and day-wise grey market movement. The IPO GMP is an unofficial indicator that reflects investor-market sentiment, and demand for an IPO in unofficial market before listing. However, it may fluctuate based on investor demand, market conditions and overall sentiment.

Disclaimer:

The IPO GMP and estimated listing price mentioned on this page are provided for informational and educational purposes only. The grey market is unofficial and unregulated and can change without notice.

We do not buy or sell IPO applications in the grey market. Investors should not subscribe to an IPO based on GMP. Please do your own research and consider the company’s fundamentals, financial information, valuation, and risk factors before investing in an IPO.

Stock market investments are subject to market risks. Please read all offer-related documents carefully before investing.

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Happy Steels IPO Lot Size & Estimated Profit

ApplicationLotsSharesEst. Profits (₹)
Individual investors (Retail) (Min)24,000+₹40,000
Individual investors (Retail) (Max)24,000+₹40,000
S-HNI (Min)36,000+₹60,000
S-HNI (Max)714,000+₹1,40,000
B-HNI (Min)816,000+₹1,60,000

Grey Market Premium Chart

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