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Happy Steels IPO

Listed Listed stocks

IPO Rating

Quality Score fund-quick-summary-circle

0/0

Growth Score fund-quick-summary-circle

0/0

Valuation Score fund-quick-summary-circle

0/0

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Happy Steels IPO Details

  • Bidding Date

    09-Jul-2026 to
    13-Jul-2026

  • Issue Size

    ₹25 Cr

  • Price Band

    ₹62 to ₹66

  • Allotment date

    14-Jul-2026

  • Listing date

    16-Jul-2026

  • Lot size

    2000

  • No. of shares

    37,88,000

  • Fresh issue/OFS

    ₹25 Cr /--

About Happy Steels Company

Happy Steels, established in 1996 in Ludhiana, Punjab, is an integrated manufacturer of safety-critical forged and machined automotive components that has expanded from axle shafts for tractors into a broader portfolio spanning off-highway equipment, commercial vehicles, electric vehicles, and defence applications. Over time, it added heavier forging capacity, heat-treatment lines, a machine-component division, and CNC machining capabilities, which broadened its work from conventional forging to more complex, precision-engineered parts such as rear and front axle shafts, drive/transmission shafts, S-cam shafts, and spindles. Its core business centers on forging and machining load-bearing components for OEMs and Tier-I suppliers in India and overseas, supported by in-house raw-material handling, forging, heat treatment, precision machining, gear cutting, grinding, inspection, and packing. The company’s strengths include process integration, disciplined quality control, and a willingness to take on challenging specifications while adapting to evolving customer requirements across automotive and allied industrial segments.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    72.4x

Happy Steels Financials

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FAQs for Happy Steels IPO.

The issue size of Happy Steels is ₹25.00 Cr.

Happy Steels falls into Metal Processing industry.

The Happy Steels IPO will be listed on BSE.

The open and close dates for the Happy Steels are 09-Jul-2026 & 13-Jul-2026.

The price band for the Happy Steels ipo is ₹62 to ₹66

The listing date of Happy Steels IPO is 16-Jul-2026.

The purpose of this IPO is to raise fresh capital.

Happy Steels total subscription ratio is 72.4X.

Key financial of the Happy Steels are:


Happy Steels FY-26 FY-25 FY-24 FY-23
Revenue (₹ Cr) 94.64 82.14 80.91 93.96
EBIT (₹ Cr) 10.22 5.68 7.58 2.93
Proft after Tax (₹ Cr) 7.1 2.34 4.69 0.4
Debt (₹ Cr) 47.18 34.21 35.69 26.38
Net Worth (₹ Cr) 39.98 32.88 30.54 25.85
RoE (%) 17.76 7.12 15.36 1.56

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