The Happy Forgings has begun on 19-December-2023. It will close on 21-December-2023. The Total IPO Size is – Crore. The company set its IPO price is 808-850 Rs Per Share. Basically, there are three basic categories in Happy Forgings IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Qualified Institutional Buyers.
Happy Forgings is incorporated in 1979.
Happy Forgings are a engineering led manufacturer of complex and safety critical, heavy forged and high precision machined components in India.
They are engaged in engineering, process design, testing, manufacturing, and supply of a variety of components that are both margin accretive and value-additive.
The customers include 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, Same Deutz Fahr India Private Limited, Tata Cummins Private Limited, Watson & Chalin India Private Limited (Hendrickson India Commercial Vehicle Systems) and Yanmar Engine Manufacturing India Private Limited.
They served customers across nine countries including Brazil, Italy, Japan, Spain, Sweden, Thailand, Turkey, the United Kingdom and the United States of America.
Happy Forgings Promoters
Santosh Rasiklal Raveshia, Sanjay Mansukhlal Rajani, Ketan Mansukhlal Rajani and Chandni Vijay Somaiya and Fabbrica Italiana Lapis ed Affini S.p.A is a Promotors of the company.
Happy Forgings IPO Date, Details & Price Band
The Happy Forgings IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
| IPO Opening Dates | 19-December-2023 |
| IPO Closing Dates | 21-December-2023 |
| Price Band | 808-850 Rs |
| Fresh Issue | 400.00 Crore |
| Offer for Sale | 608.59 Crore |
| Total IPO size | – Crore |
| Minimum bid (lot size) | 17 Shares |
| Face Value | 2 INR Per Share |
| Issue Type | Book Built Issue IPO |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Happy Forgings IPO Market Lot
The Happy Forgings IPO minimum market lot is 17 shares With 14,450 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 17 | 14,450 ₹ |
| Retail Maximum | 13 | 221 | 1,87,850 ₹ |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-23 | 1,326.17 | 1,202.27 | 208.70 |
| 31-Mar-22 | 1,129.87 | 866.11 | 142.29 |
Happy Forgings IPO GMP & Grey Market Premium
Happy Forgings IPO GMP Grey market premium has been started today. Check Latest Happy Forgings IPO GMP, Kostak Rates and Subject to Sauda Price here.
Happy Forgings IPO Prospectus
Happy Forgings IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Happy Forgings IPO Prospectus.
| DRHP | Download |
| RHP | Download |
Happy Forgings IPO Reviews
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Happy Forgings IPO Form Download
Happy Forgings IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download Happy Forgings IPO forms.
Happy Forgings IPO Allotment Date & Details
| Allotment Date | 22-December-2023 |
| Initiation of refunds | 26-December-2023 |
| Transfer of shares to Demat accounts | 26-December-2023 |
| Listing Date | 27-December-2023 |
Registrar of Happy Forgings
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: [email protected]
Investor Grievance E-mail:
[email protected]
Website: www.linkintime.co.in
Contact person: Shanti Gopalkrishnan
SEBI Registration No: INR000004058
Happy Forgings 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 Lead Managers
Motilal Oswal Investment Advisors Limited
Motilal Oswal Tower, Rahimtullah, Sayani
Road, Opposite Parel ST Depot, Prabhadevi
Mumbai – 400 025, Maharashtra, India
Telephone: + 91 22 7193 4380
E-mail: [email protected]
Investor Grievance E-mail:
[email protected]
Website: www.motilaloswalgroup.com
Contact person: Ritu Sharma
SEBI Registration No.: INM000011005
Equirus Capital Private Limited
12th Floor, C Wing, Marathon Futurex, N. M.
Joshi Marg, Lower Parel, Mumbai – 400 013,
Maharashtra, India
Telephone: + 91 22 4332 0734
E-mail: [email protected]
Investor Grievance E-mail:
[email protected]
Website: www.equirus.com
Contact person: Mrunal Jadhav
SEBI Registration No.: INM000011286
Axis Capital Limited
1st Floor, Axis House
C-2, Wadia International Centre
P.B. Marg, Worli, Mumbai 400 025
Maharashtra, India
Telephone: + 91 22 4325 2183
E-mail: [email protected]
Investor Grievance E-mail:
[email protected]
Website: www.axiscapital.co.in
Contact person: Jigar Jain
SEBI Registration No.: INM000012029
JM Financial Limited
7th Floor, Cnergy
Appasaheb Marathe Marg, Prabhadevi
Mumbai – 400 025, Maharashtra, India
Telephone: +91 22 6630 3030
E-mail: [email protected]
Investor Grievance E-mail:
[email protected]
Website: www.jmfl.com
Contact person: Prachee Dhuri
SEBI Registration No.: INM000010361