Happy Steels Limited
ListedSMEAutomobile and Auto Components · NSE
Happy Steels Limited was incorporated in 1996 and is engaged in manufacturing axles, axle shafts, and precision-engineered forged and machined components for the automotive industry. The company is part of an industrial group with over five decades of engineering experience and supplies products to leading automobile OEMs in India and international markets. Its modern manufacturing facility is equipped with advanced forging, heat treatment, and CNC machining technologies to produce high-quality automotive components. Happy Steels follows strict quality control standards at every stage of production and is certified under IATF 16949:2016. The company has also received several "Best Supplier" awards from leading automotive manufacturers for its quality, reliability, and consistent performance, while continuing to expand its presence in both domestic and global markets.
Price Band
₹62 – ₹66
Issue Size
₹378.80 L Cr
Lot Size
2000 shares
GMP
₹7
+10.6%
Est. Listing
₹73
at current GMP
Subscribed
77.89x
overall
Open
9 Jul 2026
Close
13 Jul 2026
Allotment
14 Jul 2026
Refund
15 Jul 2026
Demat Credit
16 Jul 2026
Listing
16 Jul 2026
Last updated 2 months ago
Official Registrar Verification
Happy Steels Limited Allotment Status
Designated Registrar: Bigshare Services Private Limited
Allotment Date
14 Jul 2026
Basis finalization
Refunds Initiate
15 Jul 2026
Mandate release
Demat Credit
16 Jul 2026
Shares in demat
Listing Debut
16 Jul 2026
Trading begins
How to Check Happy Steels Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
- Select Happy Steels Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Happy Steels Limited Public Issue & Market Profile
Happy Steels Limited is bringing an initial public offering (IPO) in the Automobile and Auto Components sector with an aggregate issue size of ₹37,88,000 Crores. The shares are offered at a price band of ₹62 to ₹66 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,32,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-07-16, while un-allotted funds or UPI block mandates will be released on 2026-07-15.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.