SME • IPO

Happy Steels IPO (Nse Sme) IPO

Minimum Investment

₹132,000

Price Range

₹62 to ₹66

Lot Size

2000 shares

Issue Size

₹25 Cr

About the Company

Established in 1996, Happy Steel Limited is an integrated manufacturer of safety-critical, forged, and machined transmission and driveline components catering to on-highway, off-highway, electric vehicle (EV), and defence applications.

Issue Type

Bookbuilding IPO

IPO Objectives

  • Capital Expenditure towards purchase of additional plant and machinery for the existing manufacturing unit,
  • Repayment/ Prepayment of Term Loans to Banks
  • General corporate purposes

Important Dates

Bid/Offer Opens On09-07-2026
Bid/Offer Closes On13-07-2026
Finalisation of Basis of Allotment14-07-2026
Initiation of Refunds15-07-2026
Credit of Shares to Demat15-07-2026
IPO Listing Date16-07-2026

Grey Market Premium (GMP)

Registrar

Bigshare Services Pvt.Ltd.

Lead Managers

  • Share India Capital Services Pvt.Ltd.
  • Master Capital Services Ltd.

Company Promoters

  • Mr Parveen Kumar Garg
  • Mr Abhishek Garg
  • Mr Deepak Garg and Parveen Kumar Garg (HUF).