Happy Steels IPO Listing Details
| Listing Date | July 16, 2026 |
| NSE Code | HAPPY |
| ISIN Code | INE1GFG01011 |
| Offer Price | ₹62 to ₹66 |
| Face Value | ₹10 |
| Listing Price | ₹68 |
Details About the Happy Steels IPO
Happy Steels IPO received SEBI approval for an IPO worth ₹25 crores. In which the firm will raise ₹25 crores via a fresh issue with a face value of ₹10 each.
Further, the Happy Steels IPO had a set price band of ₹62 to ₹66 per share.
Happy Steels IPO consists of 4000 shares across 2 lot sizes for the retail minimum and maximum categories. S-HNI Minimum has a share of 6000 in a 3-lot size. S-HNI Maximum has a share of 14000 in a 7-lot size, and B-HNI Minimum has a share of 16000 in an 8-lot size.
To invest in the Happy Steels IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,64,000.
- S-HNI Minimum: Minimum investment of ₹3,96,000.
- S-HNI Maximum: Max investment of ₹9,24,000.
- B-HNI Minimum: Min investment of ₹10,56,000.
Happy Steels IPO Subscription Duration
Happy Steels IPO opened on July 9, 2026, and closed on July 13, 2026. The Happy Steels IPO allotment date was scheduled for July 14, 2026. The Happy Steels IPO listing date is July 16, 2026.
Happy Steels IPO funds deployment
- Some funds will go towards the purchase of additional plant and machinery for the existing manufacturing unit
- A portion of the fund will go towards the Repayment/ Prepayment of Term Loans to Banks
- Lastly, the remaining funds will go to the General Corporate Purpose.
About the Happy Steels IPO Company
Incorporated in 1996, Happy Steels is one of the growing manufacturers of forged and machined metal components used in vehicle transmission and driveline systems. Its components are used in various industries such as Automotive, electric vehicles (EVs), off-highway equipment, and defence.
Its product portfolio consists of a wide range of axles, long spline shafts, spindles, and other safety-critical and load-bearing components. Happy Steels manages the entire manufacturing process, from raw material procurement, forging, heat treatment, precision machining, gear cutting, drilling, surface hardening, grinding, inspection, and packing.
Happy Steels IPO Company Financial Report
The company reported revenue of ₹82.52 crores in 2025 against ₹82.24 crores in 2024. The company reported a profit of ₹2.34 crores in 2025 against a profit of ₹4.69 crores in 2024.
