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.
₹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
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Price band₹808 – ₹850
Cut-off price₹850
Issue size₹1,009 Cr
Shares per lot17
Minimum application₹14,450
Minimum quantity17
Face value₹10
Listing exchanges—
ISININE330T01021
Bidding hours10:00 – 17:00 IST
Bidding window19 Dec 2023 – 21 Dec 2023
Not here yet
Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.