Free Account Opening + AMC Free Demat
Loading...
December 19, 2023 - December 21, 2023

Happy Forgings IPO FAQ

Happy Forgings IPO Date & Price

The Happy Forgings IPO opens on December 19, 2023 and closes on December 21, 2023.

Happy Forgings IPO timetable / schedule is as below:
  • Bid/Offer Opens On: December 19, 2023
  • Bid/Offer Closes On: December 21, 2023
  • Finalization of Basis of Allotment: December 22, 2023
  • Initiation of refunds: December 26, 2023
  • Credit of Equity Shares: December 26, 2023
  • Listing Date: December 27, 2023

Happy Forgings IPO price is set at ₹850 per equity share.

Happy Forgings IPO will close for subscription at 5 PM on December 21, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Happy Forgings IPO starts on December 19, 2023. The issue ends on December 21, 2023.

Happy Forgings IPO Issue Size and Subscription Status

The Happy Forgings IPO size is 11865802 Equity Shares of ₹2 aggregating up to ₹1,008.59 Cr.

Happy Forgings Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Happy Forgings IPO shares through the banks (using ASBA) or through the broker (using UPI).

Happy Forgings IPO Offer Size

Qualified Institutional Buyers (QIB)2,373,160 Shares
Non-Institutional Investors (NII)1,779,870 Shares
Retail Individual Investor (RII)4,153,031 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size8,306,061 Shares

Happy Forgings IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)214.65 times times
Non-Institutional Investors (NII)63.45 times times
Retail Individual Investor (RII)15.40 times times
Employee Reservations times
Other Reservations times
Total Issue Size82.63 times times

Click here to check the Happy Forgings IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Happy Forgings IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Happy Forgings IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Happy Forgings IPO Allotment and Listing

The Happy Forgings IPO allot status will be available online on December 22, 2023. Check the Happy Forgings IPO Allotment Status here.

Click here to check Happy Forgings IPO Allotment Status.

Happy Forgings IPO listing Date is December 27, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Happy Forgings IPO listing date and time is published by the exchange in a circular.

Click here to view the Happy Forgings IPO Basis of Allotment.

It is hard to say at what price Happy Forgings IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Happy Forgings IPO shares will list on December 27, 2023 at BSE, NSE.

Happy Forgings IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Happy Forgings IPO which could help you with questions like Happy Forgings IPO buy or not? You should also read Happy Forgings IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Happy Forgings IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Happy Forgings IPO performance. The performance reports are available 1 day after listing.