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Happy Steels Limited IPO

About Happy Steels Limited

Happy Steels Limited, established in 1996, is a leading manufacturer of forged and precision-machined metal components used in vehicle transmission and driveline systems. The company caters to diverse industries, including automotive, electric vehicles (EVs), off-highway equipment, and defence, supplying safety-critical and load-bearing components. Happy Steels operates an integrated manufacturing facility in Punjab, managing the complete production process from raw material procurement, forging, heat treatment, precision machining, gear cutting, drilling, surface hardening, grinding, inspection, and packaging. Its product portfolio includes axles, long spline shafts, spindles, and other precision-engineered components.

IPO Details

Issue Size

27.12

Price Range

₹62.00 - 66.00

Lot Size

2,000

Min Investment

₹2,64,000

Face Value

10

Issue Type

IPO

Exchange

NSE

ISIN

INE1GFG01011

GMP

0 (0)

IPO Doc

RHP PDF

IPO Timeline

Bidding Opens 09-07-2026
Bidding Closes 13-07-2026
Allotment Date 14-07-2026
Refund Initiation 15-07-2026
Listing Date 16-07-2026

Subscription Details

Retail

73.19x

NII

113.95x

QIB

59.01x

Total

51.84x

Happy Steels Limited Lot Size

Application Lots Shares Amount
Retail (Min) 1 2000 ₹2,64,000
Retail (Max) 2 4000 ₹5,28,000
HNI (Min) 3 6000 ₹7,92,000

FAQs on Happy Steels Limited IPO

What are allotment date for the Happy Steels Limited ?

Allotment: 14-07-2026

What are the open and close dates for the Happy Steels Limited IPO ?

Opens on 09-07-2026, closes on 13-07-2026.

Can NRIs apply for the Happy Steels Limited IPO through PL Capital?

Yes, NRIs can apply for the Happy Steels Limited IPO through PL Capital, subject to RBI and SEBI guidelines. Applications can be made via the NRE or NRO account route.

Where is the Happy Steels Limited IPO getting listed?

The Happy Steels Limited IPO will be listed on NSE. The exact listing date is 16-07-2026.

What is the minimum and maximum investment allowed in the Happy Steels Limited IPO?

The minimum investment for retail investors in the Happy Steels Limited IPO is ₹2,64,000. The maximum retail investment allowed is ₹5,28,000.

What is the GMP for this IPO?

Current GMP is 0 (0%)

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