Happy Steels IPO Reservation
The Happy Steels IPO is a book build issue with a total issue size of ₹25 cr, comprising of fresh issue of 3598000 equity shares. Happy Steels IPO will open for subscription on Jul 09, 2026, and close on Jul 13, 2026, allowing investors three days to apply for shares. Happy Steels IPO is set price band at ₹62 to ₹66 per share, with a lot size of 2000 shares. Minimum investment for Retail investors will be ₹264,000.00 (at the upper price band) to apply for one lot.
The basis of allotment is expected to be finalized on Jul 14, 2026, and the shares are likely to be listed on the NSE on Jul 16, 2026.
Bigshare Services Pvt Ltd has been appointed as the registrar. Share India Capital Services Private Limited and **Master Capital Services Ltd. ** are the Book Running Lead Manager for the issue.
Before investing in the Happy Steels IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 722000 | 28.63 | 0 |
| Non-Institutional | 540000 | 21.41 | 0 |
| BNII | 360000 | 14.27 | 0 |
| SNII | 180000 | 7.14 | 0 |
| Retail Investors | 1260000 | 49.96 | 0 |
| Total | 2522000 | 100 | 0 |
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the retail investor quota in the Happy Steels IPO ?
The Retail Individual Investor (RII) quota in the Happy Steels IPO comprises 1260000 equity shares, representing 49.96% of the total IPO issue.
What is the category-wise reservation in the Happy Steels IPO ?
The Happy Steels IPO reservation is divided as follows: Qualified Institutional Buyers (QIB): 722000 shares (28.63%) Non-Institutional Investors (NII): 540000 shares (21.41%) Retail Individual Investors (RII): 1260000 shares (49.96%) Employees: shares (%).
What is the reservation for QIBs in the Happy Steels IPO ?
Qualified Institutional Buyers (QIBs) have been allocated 722000 equity shares, representing 28.63% of the total IPO issue.
What is the reservation for HNI investors in the Happy Steels IPO ?
The Non-Institutional Investors (NII) category has been allotted 540000 equity shares (21.41%). This category is further divided into: Big HNI (bNII): 360000 shares (14.27%) Small HNI (sNII): 180000 shares (7.14%).
Is there an employee reservation in the Happy Steels IPO ?
No. The Happy Steels IPO does not have a separate employee reservation.
Is there a shareholder quota in the Happy Steels IPO ?
No. The Happy Steels IPO does not include a shareholder reservation.
Who is eligible for the Happy Steels IPO shareholder quota?
Investors who hold the eligible shares of the designated parent or promoter company on the record date specified in the Red Herring Prospectus (RHP) are eligible to apply under the Happy Steels IPO shareholder quota.
What is the record date for the Happy Steels IPO shareholder quota?
The record date for the Happy Steels IPO shareholder quota is the date announced in the IPO documents. Investors must hold the eligible shares on or before this date to qualify for the shareholder reservation.