Bookbuilding IPO | ₹25 Cr | Listing at NSE SME | Thu, Jul 9, 2026 - Mon, Jul 13, 2026O
Happy Steels IPO is a public issue of 0.36 Cr equity shares. The issue offers 0.13 Cr shares to retail investors, 0.18 Cr shares to qualified institutional buyers, and 0.05 Cr shares to non-institutional investors.
| Category | Shares Offered | Amt (₹ Cr.) | Size (%) |
|---|---|---|---|
| Market Maker | 1,90,000 | 1.25 | 5.02% |
| QIB | 17,98,000 | 11.87 | 47.47% |
| Anchor | 10,76,000 | 7.10 | 28.41% |
| QIB (Ex Anchor) | 7,22,000 | 4.77 | 19.06% |
| NII* | 5,40,000 | 3.56 | 14.26% |
| bNII (> ₹10L) | 1,70,000 | 1.12 | 4.49% |
| sNII (< ₹10L) | 1,80,000 | 1.19 | 4.75% |
| Retail | 12,60,000 | 8.32 | 33.26% |
| Total | 37,88,000 | 25.00 | 100% |
A total of 10,76,000 shares at a price of Rs 66 per share will be allotted to the anchor investors.
| Bid Date | Jul 08, 2026 |
| Price | ₹66.00 |
| % of QIBs | 59.84% |
| Shares Locked (30 Days) | 5,38,000 |
| Shares Locked (90 Days) | 5,38,000 |
| # | Anchor | Group Entity | Shares Allotted | Amt (₹ cr.) | % Allocated | % Allotment of Issue |
|---|---|---|---|---|---|---|
| 1 | PESB ALPHA FUND | PESB CAPITAL | 3,04,000 | 2.01 | 28.25 | 8.03 |
| 2 | SECUROCROP BHARAT AMRITKAAL FUND-I | SECUROCROP | 3,02,000 | 1.99 | 28.07 | 7.97 |
| 3 | SHINE STAR BUILD-CAP PVT.LTD. | SHINE STAR | 4,70,000 | 3.10 | 43.68 | 12.41 |
| 10,76,000 | 7.10 | 100 | 28.41 | |||
📊 Historic report - IPOs Anchor Investors Investment & Performance
The Happy Steels IPO is subscribed 3.14x as of Jul 10, 2026 18:55.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | 0.63x |
| Non Institutional | 5.40x |
| Retail Individual | 3.61x |
| Total Subscription | 3.14x |
An investor can apply in Happy Steels IPO online via bank (using ASBA) or the broker (using UPI). The Happy Steels IPO shares are offered online only.
The Happy Steels IPO is subscribed 3.14x times as of Jul 10, 2026 18:55.
The Happy Steels IPO allotment status is expected on or around Tuesday, July 14, 2026. Visit Happy Steels IPO allotment status to check.
The Happy Steels IPO listing date is not yet announced. The Happy Steels IPO is planned to list on Thursday, July 16, 2026, at NSE SME.
Visit Happy Steels IPO subscription status page for real-time bidding information about Happy Steels IPO.
| IPO opens On | Thursday, July 9, 2026 |
| IPO Closes On | Monday, July 13, 2026 |
| Finalisation of Basis of Allotment | Tuesday, July 14, 2026 |
| Initiation of Refunds | Wednesday, July 15, 2026 |
| Credit of Shares to Demat Account | Wednesday, July 15, 2026 |
| IPO Listing Date | Thursday, July 16, 2026 |
| IPO Details |
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