Happy Forgings IPO


Incorporated in July 1979, Happy Forgings Limited is an Indian manufacturer specializing in designing and manufacturing heavy forgings and high-precision machined components. The company manufactures, designs and tests various products such as crankshafts, front axle carriers, steering knuckles, differential housings, transmission parts, pinion shafts, suspension products and valve bodies for different industries and customers. The company's customer base includes AAM India Manufacturing Corporation Private Limited, Ashok Leyland Limited, Bonfiglioli Transmissions Private Limited, Dana India, IBCC Industries (India) Private Limited, International Tractors Limited, JCB India Limited, Liebherr CMCtec India Private Limited, Mahindra & Mahindra Limited, Meritor HVS AB, Meritor Heavy Vehicle Systems Cameri SPA, SML ISUZU Limited, Swaraj Engines Limited and others.



    Happy Forgings IPO Date, Price & Offer Details

    Happy Forgings IPO will be open on 19-12-2023 and will close on 21-12-2023. The following table provides all the information related to Happy Forgings IPO including the date, price and offer details of Happy Forgings IPO

    Happy Forgings IPO Date, Price & Offer Details
    Issue Open 19-12-2023
    Issue Close 21-12-2023
    Allotment Date 22-12-2023
    Unblocked Amount 26-12-2023
    Credit Demat Amount 26-12-2023
    Listing Date 27-12-2023
    Issue Size
    1,18,65,802 Total Equity Share
    47,05,882 Fresh Issue Equity Share
    71,59,920 OFS Equity Share
    Issue Size ₹ 1008.59 Cr
    ₹ 400 Cr Fresh
    ₹ 608.59 Cr OFS
    IPO Price Band ₹ 808 - 850 Per Equity Share
    Minimum Share Bid 17
    Minimum Investment Amount [₹]  ₹ 14,450
    Face Value ₹ 2 Per Equity Share
    Qualified Institutional Buyer [QIB] 50 %
    High Networth Individual [HNI] 15 %
    Retail Individual Investor [RII] 35 %
    Listing On BSE & NSE
    Rating / Ex My View** May Apply

    Happy Forgings IPO Expected Premium (GMP)** (Read Disclaimer)

    www.liveipo.in or producer will not be responsible for any kind of your profit and losses. So applying to any IPO at your own risk. We do not buy or sell any type of IPO Application related to IPO Gray Market Premium. We only share IPO information. We are Not a Financial Advisor. Please consult your financial advisor before investing or trading. Stock Market investments are subject to market risk.

    Happy Forgings IPO Expected Grey Market Premium
    IPO Name Offer Price Ex-Premium Kostak S2S Ex. My View
    Happy Forgings IPO 808 - 850400 - 410- - May Apply

    Happy Forgings Company Financial Report (₹ in Cr)

    As per we are checking Happy Forgings company financials report and we are displaying report data as shown in below table.

    Happy Forgings Company Financial Details (₹ in Cr)
    Financial Year Total Asset Total Revenue Total Expenses Profit After Tax
    FY-2021 876.38 590.81 473.75 86.44
    FY-2022 1129.86 866.10 674.05 142.28
    FY-2023 1326.16 1202.27 922.24 208.70
    30-09-2023 1489.79 675.73 516.47 119.29
    Read More :- Happy Forgings IPO GMP

    Happy Forgings Company Valuation Details

    As per we check Happy Forgings company financials report and we display company valuation report data as shown in below table

    Happy Forgings Company Valuation Details
    Earnings Per Share [EPS] ₹ 23.32
    Price/Earnings [P/E] Ratio 36.45
    Return on Net Worth [RoNW] 21.12 %
    Net Asset Value [NAV] ₹ 110.43 Per Share
    Read More :- Happy Forgings IPO Allotment Status

    Happy Forgings IPO Share Lot Size

    The share price of Happy Forgings IPO is ₹-. So in Happy Forgings IPO Minimum share lot is 1 lot with a - share with an application amount of ₹-. And in retail category you can apply for a Maximum share lot is - lot with a - share with an application amount of ₹-.

    Happy Forgings IPO Share Lot Size
    Apllication Lot Size Shares Total Amount
    Retail Mini 1 17 14,450
    Small HNI 14 238 2,02,300
    Big HNI 70 1190 10,11,500
    Read More :- Investment Call

    Happy Forgings IPO Share Offer

    A total number of - shares have been offered in this public issue of Happy Forgings IPO, out of this total share - shares have been allotted for Fresh Issue and another - shares are to be offered for (OFS) offer for sale.

    Happy Forgings IPO Share Offer
    Category Share Offer Amount
    Fresh Issue: - -
    Offer For Sale: - -
    Total: - -
    Read More :- Upcoming IPO List

    Happy Forgings IPO Related Link
    Happy Forgings IPO GMP
    Happy Forgings IPO Subscription
    Happy Forgings IPO Allotment Status

    Happy Forgings IPO Subscription Details

    Happy Forgings Company has been issued total - shares through this IPO, a total - shares have been reserved for market movers for subscriptions as per the prospect report, and a total of - shares have been offered in QIB category and a total of - shares have been offered in RII.

    Happy Forgings IPO Subscription Details
    As on Date QIB NII RII Total
    Shared Offered - - - -
    Day-1
    [-]
    -
    [-]
    -
    [-]
    -
    [-]
    -
    [-]
    Day-2
    [-]
    -
    [-]
    -
    [-]
    -
    [-]
    -
    [-]
    Day-3
    [-]
    -
    [-]
    -
    [-]
    -
    [-]
    -
    [-]

    Happy Forgings IPO Listing Details

    Happy Forgings IPO has been listed on 27-12-2023. On the below table we are providing all the listing details with target price and stop loss.

    Happy Forgings IPO Listing Details
    Listing Date 27-12-2023
    BSE Code 544057
    NSE Code HAPPYFORGE
    ISIN Code INE330T01021
    IPO Price ₹ 800 - 850
    Lot Size 17
    Expected Listing Price ₹ 1010 - ₹ 1055
    Book Profit ₹ 1160
    Stop Loss ₹ 969
    Listing Group -
    - -

    Happy Forgings IPO GMP, Grey Market Premium

    In the below table we are providing the latest rate of Happy Forgings IPO GMP, Kostak Rate, Subject to Sauda, Listing Gain and Rating of this Happy Forgings IPO.

    Happy Forgings IPO Grey Market Premium
    Happy Forgings IPO Grey Market Premium

    Happy Forgings IPO Allotment Status

    Happy Forgings IPO Allotment will be available on below link so click on below link and check your Happy Forgings IPO Allotment Status.

    Happy Forgings IPO Allotment Status
    Happy Forgings IPO Allotment Status
      Happy Forgings IPO Live Subscription
    Happy Forgings IPO Subscription in BSE
    Happy Forgings IPO Subscription in NSE
    Happy Forgings IPO Prospectus
    Happy Forgings IPO DRHP
    Happy Forgings IPO RHP

    Happy Forgings Company Contact Details

    Happy Forgings Limited
    B XXIX, 2254/1,
    Kanganwal Road, P.O. Jugiana,
    Ludhiana – 141 120,
    Phone: +91 161 5217162
    Email: complianceofficer@ha ppyforgingsltd.co.in
    Website: http://www.happyforgingsltd.com.

    Happy Forgings IPO Registrar

    Link Intime India Private Limited
    C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg
    Vikhroli (West), Mumbai – 400 083
    Maharashtra, India
    Telephone: + 91 810 811 4949
    E-mail: happyforgings.ipo@linkintime.co.in
    Investor Grievance E-mail:
    happyforgings.ipo@linkintime.co.in
    Website: www.linkintime.co.in
    Contact person: Shanti Gopalkrishnan
    SEBI Registration No: INR000004058.

    Happy Forgings IPO Lead Managers

    Equirus Capital Private Limited
    Axis Capital Limited
    JM Financial Limited
    Motilal Oswal Investment Advisors Limited.

    Happy Forgings IPO FAQs

    What is the Happy Forgings IPO?
    Happy Forgings IPO is the Main Board IPO of - equity shares of the face value of ₹- aggregating up to ₹- Crores. The issue is priced at ₹- to ₹- per equity share. The minimum order quantity is - Shares.

    Who is the registrar company of Happy Forgings IPO?
    Link-Intime India Private Ltd is the registrar company of Happy Forgings IPO.

    When is the Happy Forgings IPO Opening date?
    The Happy Forgings IPO Opening on -

    When is the Happy Forgings IPO Closing date?
    The Happy Forgings IPO Closing on -

    When is the Happy Forgings IPO allotment date?
    The Happy Forgings IPO Allotment will be done on -

    Happy Forgings IPO Allotment Status

    On what date will the Happy Forgings IPO amount be refunded?
    Happy Forgings IPO will refund the amount on -

    On which date Happy Forgings IPO Shares will be credited to the demat account?
    The Happy Forgings IPO Shares will be credited to your demat account on -.

    When is the Happy Forgings IPO listing date?
    The Happy Forgings IPO listing date is on -.

    What is the Happy Forgings IPO Price Band?
    Happy Forgings IPO Price Band is ₹- to ₹-  per equity share.

    What is the lot size of the Happy Forgings IPO?
    Happy Forgings IPO the minimum bid is - Shares with ₹- amount and maximum bid is - shares with ₹-.

    What is the expected Happy Forgings IPO Listing Price?
    As Per Grey Market Premium (GMP) and Market view we are expected to listing Happy Forgings IPO is around ₹ - to ₹ -

    What is the Happy Forgings IPO Expected Returns?
    As per Grey Market Premium (GMP), Happy Forgings IPO Expected Returns is -% .

    What is the NSE and BSE Code for the Happy Forgings IPO?
    The Happy Forgings IPO NSE Code is - and the BSE Code is -.

    What is the stop loss in the Happy Forgings IPO?
    If the Happy Forgings IPO goes below - then sell the Happy Forgings IPO.

    What will i do in Happy Forgings IPO?
    If the Happy Forgings IPO listing above - then sell the Happy Forgings IPO and book profit.

    How to check Happy Forgings IPO Allotment Status?
    Below we are provide all the step how to check Happy Forgings IPO allotment online

    • Go to the Happy Forgings IPO Allotment Status Link
    • Click on Click Here button
    • Select Happy Forgings IPO
    • Enter your details (PAN Number, Application Number, DP Client ID)
    • Click Search Button
    • After Click on Search button you will be able to see allotment status
    • How to Apply the Happy Forgings IPO?
    • You can apply for the Happy Forgings IPO using ASBA online through your internet banking.
    • You can also apply for the Happy Forgings IPO via your stock brokers’ office by filling up the offline application form and submitting  it to your Bank.

    Disclaimer:-

    • I request to all investors, before applying any IPO, please check the fundamentals and financial condition of the company and then applying to any IPO.
    • www.liveipo.in or producer will not be responsible for any kind of your profit and losses. So applying to any IPO at your own risk.
    • We do not buy or sell any type of IPO Application related to IPO Gray Market Premium. We only share IPO information.
    • Please do not subscribe to any IPO just by looking at the Gray Market Premium price. It can change at any time.
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    • All contain or post is based on research and case studies gathered from different books, media, internet, space, etc
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    • Stock Market investments are subject to market risk🙏 Thanks

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