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Happy Steels Ltd. logo

Happy Steels Ltd. IPO

SME IPOListedHAPPYNSE SME
Current Market Price (CMP)
₹62.10(-5.91%)
Sector: Steel & Iron Products
Current Price (CMP)
₹62.10(-5.91%)

Live Market Quote

Listing Price & Gain
₹68.50(+3.79%)

Day 1 Exchange Open

IPO Issue Price
₹66

Band: ₹62 - ₹66

Total Subscription
72.43x

Overall Bid Demand

Total Issue Size
₹23.75 Cr

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
09 Jul 2026
IPO Bidding Closes
13 Jul 2026
Allotment & Refunds
14 Jul 2026
Exchange Listing Day
16 Jul 2026

IPO Subscription Status

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

Overall Demand: 72.43x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)—
Total Subscription72.43x
Updated as on 13-Jul-2026 19:00:00

Listing Day & Return Performance

Listing Day Gain+3.79%
₹66 (Issue) → ₹68.50 (List)
Per share profit: +₹2.50
Holding Return (Till Date)-5.91%
₹66 (Issue) → ₹62.10 (CMP)
Net gain per share: ₹-3.90
Post-Listing Performance (Listing Day → Today):-9.34%

About Happy Steels Ltd. IPO

Happy Steels Ltd. is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 09 Jul 2026 and concluded on 13 Jul 2026, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹62 - ₹66. The aggregate issue size was approximately ₹23.75 crore. The company operates primarily within the Steel & Iron Products sector.

During the bidding window, Happy Steels Ltd. witnessed heavy demand with an overall subscription of 72.43 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Happy Steels Ltd. officially debuted on the stock exchanges on 16 Jul 2026 at an opening listing price of ₹68.50, delivering a listing day return of +3.79% (premium) over the final issue price. As per the latest market data, the stock trades at ₹62.10, representing an overall decline of -5.91% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Happy Steels Ltd. IPO?
The issue price of Happy Steels Ltd. IPO was fixed at ₹66 per equity share. The indicative bidding price band was ₹62 - ₹66.
What was the total issue size of Happy Steels Ltd. IPO?
The total issue size of Happy Steels Ltd. IPO was approximately ₹23.75 crore.
What were the open, close, and listing dates for Happy Steels Ltd. IPO?
Happy Steels Ltd. IPO opened on 09 Jul 2026, closed on 13 Jul 2026, listed on 16 Jul 2026.
How much was Happy Steels Ltd. IPO subscribed?
The IPO received an overall subscription of 72.43 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Happy Steels Ltd. IPO?
Happy Steels Ltd. IPO listed on the stock exchange at ₹68.50, delivering a listing gain of 3.79% compared to the IPO issue price of ₹66.
Is Happy Steels Ltd. IPO a Mainboard or SME IPO?
Happy Steels Ltd. IPO is a SME IPO listed on the SME platform of NSE SME.
What is the current return of Happy Steels Ltd. IPO since its IPO?
At the latest market quote of ₹62.10, Happy Steels Ltd. IPO has generated an all-time return of -5.91% since its initial public offering.

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