Happy Steels Ltd

Issue
Opens On Closes On
09-Jul-26 13-Jul-26
Money Payable On
Application Allotment
62.00 0.00

Minimum Application for shares in Nos : 4000 Further Multiples of : 2000

Lead Managers to the Issue
Project Cost (₹.Cr) 0.00 Master Capital Services Limited
Project Financed through Current Offer (₹.Cr) 23.49  
Post Issue Equity Share Capital (₹.Cr) 14.29
Issue Price (₹) 62.00
Projects

Capital Expenditure towards purchase of additional plant and machinery for its existing manufacturing unit

Repayment/ Prepayment of Term Loans to Banks

General corporate purposes

Promoted By
Parveen Kumar Garg
Abhishek Garg
Deepak Garg
Listing At
NSE - SME
Registrar to the Issue

Bigshare Services Pvt Ltd
Initial public offer of upto 37,88,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Happy Steels Limited ("the Company" or "the Issuer") at an issue price of Rs. 62-66 per equity share (including share premium of Rs. 52-56 per equity share) for cash, aggregating up to Rs.23.49-25 Crores ("Public Issue") out of which upto 1,90,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 62-66 per equity share for cash, aggregating Rs. 1.18-1.25 Crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e Issue of 35,98,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 62-66 per equity share for cash, aggregating upto Rs. 22.31-23.75 Crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.51% and 25.18% respectively of the post- issue paid-up equity share capital of the company. Price Band: Rs. 62/- to Rs. 66/- per equity share of face value Rs. 10/- each. The floor price is 6.2 times of the face value and the cap price is 6.6 times of the face value of the equity shares. Bids can be made for a minimum of 4,000 equity shares and in multiples of 2,000 equity shares thereafter.

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