IPO Price History
Closed
Happy Forging Limited logo

Happy Forging Limited IPO

Mainboard IPOListedHAPPYFORGENSE
Current Market Price (CMP)
₹1,762(+107.29%)
Current Price (CMP)
₹1,762(+107.29%)

Live Market Quote

Listing Price & Gain
₹1,000(+17.65%)

Day 1 Exchange Open

IPO Issue Price
₹850

Band: ₹808 - ₹850

Total Subscription
82.04x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
19 Dec 2023
IPO Bidding Closes
21 Dec 2023
Allotment & Refunds
Completed
Exchange Listing Day
27 Dec 2023

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 82.04x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)220.48x
Non-Institutional Investors (NII / HNI)62.17x
Retail Individual Investors (RII)15.09x
Total Subscription82.04x
Updated as on 21-Dec-2023 19:00:00

Listing Day & Return Performance

Listing Day Gain+17.65%
₹850 (Issue) → ₹1,000 (List)
Per share profit: +₹150.00
Holding Return (Till Date)+107.29%
₹850 (Issue) → ₹1,762 (CMP)
Net gain per share: +₹912.00
Post-Listing Performance (Listing Day → Today):+76.20%

About Happy Forging Limited IPO

Happy Forging Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 19 Dec 2023 and concluded on 21 Dec 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹808 - ₹850.

During the bidding window, Happy Forging Limited witnessed heavy demand with an overall subscription of 82.04 times. Institutional investors (QIB) subscribed 220.48x, non-institutional high-net-worth investors (NII) subscribed 62.17x, and retail individual investors (RII) bid 15.09x their reserved quota.

The equity shares of Happy Forging Limited officially debuted on the stock exchanges on 27 Dec 2023 at an opening listing price of ₹1,000, delivering a listing day return of +17.65% (premium) over the final issue price. As per the latest market data, the stock trades at ₹1,762, representing an overall gain of +107.29% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Happy Forging Limited IPO?
The issue price of Happy Forging Limited IPO was fixed at ₹850 per equity share. The indicative bidding price band was ₹808 - ₹850.
What were the open, close, and listing dates for Happy Forging Limited IPO?
Happy Forging Limited IPO opened on 19 Dec 2023, closed on 21 Dec 2023, listed on 27 Dec 2023.
How much was Happy Forging Limited IPO subscribed?
The IPO received an overall subscription of 82.04 times. Category-wise, QIBs subscribed 220.48x, NIIs subscribed 62.17x, and Retail investors subscribed 15.09x.
What was the listing price and listing gain of Happy Forging Limited IPO?
Happy Forging Limited IPO listed on the stock exchange at ₹1,000, delivering a listing gain of 17.65% compared to the IPO issue price of ₹850.
Is Happy Forging Limited IPO a Mainboard or SME IPO?
Happy Forging Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Happy Forging Limited IPO since its IPO?
At the latest market quote of ₹1,762, Happy Forging Limited IPO has generated an all-time return of +107.29% since its initial public offering.

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