Allotment Status
Registrar: Bigshare Services
Issue price
₹66
Listing price
₹68
Last GMP (₹)
₹8
GMP estimate
+12.12%
Actual listing gain
+3.03%
Return per lot
+₹3,999.6
GMP vs listing performance
GMP pointed to +12.12% but the stock listed at +3.03% — 9.1% lower than estimated.
Listing gain calculator
Estimate profit or loss based on actual listing performance
Based on issue price ₹66 × 2,000 shares per lot. Listing price ₹68. Excludes taxes, DP charges, and selling costs.
Listing results from exchange debut data where recorded. See GMP accuracy report · How we track this
Happy Steels IPO listed on 16 Jul 2026 at an issue price of ₹66, gained 3.0% on listing day. It listed near its issue price. The issue was subscribed 77.81x overall.
Happy Steels is a recently listed SME IPO in India, raising ₹25.00 Cr, with shares offered around ₹66. The stock has listed with a +3.0% debut move versus the issue price. As an SME issue, expect a larger lot size and thinner post-listing liquidity than a typical Mainboard IPO.
GMP and subscription figures are unofficial market data, refreshed twice daily for active IPOs. Last updated 13 Jul 2026, 05:42 pm IST. How we source data · Disclaimer
FAQ
Happy Steels' SME IPO has begun, with a price band of ₹62 to ₹66 per share and a lot size of 2,000 shares. The company is looking to raise ₹25 crore through the issue of 37.88 lakh fresh equity shares. The IPO is a book-building issue, with no offer for sale component.
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