243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Happy Forgings Limited

Happy Forgings Limited is an Automobile - Forging And Casting based company, located in Ludhiana, Happy Forgings Limited IPO size was 1008.59 Cr. and was issued at 850.00 per share. The share of Happy Forgings Limited were listed at 1029.80 per share and are currently trading at 1010.05 per share.

Type :
Sub Sector : Led Manufacturer Of Complex And Precision Machined
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
1351.46 Cr.

PAT :
238.60 Cr.

Pricing Report

Issue Price :
850.00

Listing Price :
1029.80

Current Market Price :
1010.05

Issue Price vs CMP :
160.05 (18.83%)

listing Price vs CMP :
19.75 (1.92%)

Performance Report (CAGR* wise)

CAGR : 19.06
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

MainBoard IPO Details (at the time of IPO)

IPO Date :
Dec, 2023
IPO Size :
1008.59 Cr.
Market Cap :
8007.42 Cr.   
Subscription :
82.63 X     
PE Multiple :
9.87
Merchant Banker :
Axis Capital Limited

Thinking of
Listing Your Business through
SME IPO?

We can Help!

Contact Us Today
 

Peer Companies Of This Sector

FAQs

Happy Forgings operates in Automobile - Forging And Casting and Led Manufacturer Of Complex And Precision Machined. The Issue is listed on MainBoard in Dec, 2023. Happy Forgings IPO size was 1008.59 Cr. with Issue price of 850.00 .

Merchant Banker(s) of Happy Forgings IPO: Axis Capital Limited , Equirus Capital Private Limited , Jm Financial Limited , Motilal Oswal Investment Advisors Limited

Happy Forgings IPO subscription was 82.63 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Happy Forgings IPO listed at a listing price of 1029.80 against the offer price of 850.00.

The current market price of Happy Forgings is 1010.05.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency