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ListedMainboardHAPPYFORGE

Happy Forgings Limited

Happy Forgings Limited is a mainboard IPO raising ₹1,009 Cr at ₹808 – ₹850 a share. It listed on 27 Dec 2023 and trades at ₹1,611 today, +89.5% against its issue price of ₹850. It was subscribed 82× in total.

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₹850
Issue price
₹1,611
Price now
+89.5%
Since issue price
27 Dec 2023
Listed on
82×Subscribed (final) · all exchanges

82.0 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Who bid for it

Investor categoryShares offeredShares bid forSubscribed
QIB
Banks, funds and other large institutions
23,10,43050,94,04,218220×
Foreign Institutional Investorsno separate quota16,67,27,806n/a
Domestic Financial Institutionsno separate quota21,22,34,256n/a
Mutual fundsno separate quota3,68,21,643n/a
Othersno separate quota9,36,20,513n/a
Non-institutional
Wealthy individuals and companies bidding above ₹2 lakh
18,16,56311,29,32,59862×
Non Institutional Investors12,11,0428,29,03,35668×
Corporatesno separate quota15,57,200n/a
Individualsno separate quota7,30,07,996n/a
Othersno separate quota83,38,160n/a
Non Institutional Investors6,05,5213,00,29,24250×
Corporatesno separate quota1,01,592n/a
Individualsno separate quota2,64,68,643n/a
Othersno separate quota34,59,007n/a
Retail
Ordinary investors bidding up to ₹2 lakh
42,38,6466,39,61,65015×
Cut Offno separate quota5,58,55,591n/a
Price bidsno separate quota81,06,297n/a
Total83,65,63968,62,98,46682×

Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 07:04 pm IST.

How demand built

We hold no subscription readings for this issue.