Happy Steels IPO
Updated 17:39
SME IPO on NSE Emerge · Auto Components & Equipments
How it listed
Listing price (open)
₹68.00 +3.03%
First-day close
₹68.50 +3.79%
| Listing day | 16 Jul 2026 |
| Open / high / low / close | ₹68.00 / ₹71.40 / ₹68.00 / ₹68.50 |
| Shares traded on NSE | 16,70,000 |
Closing prices since listing: 26 Oct ₹63.20, 27 Oct ₹64.00, 28 Oct ₹62.55, 29 Oct ₹66.20, 30 Oct ₹63.45, 2 Nov ₹64.75, 3 Nov ₹66.10, 4 Nov ₹67.20, 5 Nov ₹67.00, 6 Nov ₹66.00.
Happy Steels share price, live chart and technicals →
Subscription
| Investor category | Shares bid for |
|---|
| Institutions (QIB) | 4,26,06,000 |
| HNI / NII | 6,15,32,000 |
| HNI, above ₹10 lakh | 4,65,46,000 |
| HNI, ₹2–10 lakh | 1,49,86,000 |
| Total | 10,41,38,000 |
NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 13 Jul 2026 19:00.
Applications from individual investors
23,074 applications in the individual investors' category (bidding for the minimum 2 lots).
NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.
Demand at each price
| Top price ₹66 | 1,961.78 lakh shares | 99.9% |
| Lower prices ₹62–65 | 2.56 lakh shares | 0.1% |
Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.
From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.
What is the Happy Steels IPO price band and lot size?
The price band is ₹62–66 per share, and one lot is 2000 shares (₹1,32,000 at the upper price).
When is the Happy Steels IPO allotment date?
Allotment was finalised on 14 Jul 2026, the next working day after bidding closed on 13 Jul 2026.
How many times was the Happy Steels IPO subscribed?
Subscription figures are not available yet.
What is the Happy Steels IPO listing date?
It listed on 16 Jul 2026 on NSE Emerge (SME).
When does the Happy Steels anchor lock-in end?
The 30-day lock-in on half of the anchor investors' shares ends on 12 Aug 2026 and the 90-day lock-in on the rest ends on 11 Oct 2026; they can sell from the next trading day.
What was the Happy Steels listing gain?
It opened at ₹68.00 against an issue price of ₹66, a gain of 3.03%. It is now up 0.00% from the issue price.