Comparison between Happy Steels IPO and Larisa Hotels & Resorts IPO.
Happy Steels IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Larisa Hotels & Resorts IPO is a SME Bookbuilding proposed to list at BSE SME.
| Happy Steels IPO | Larisa Hotels & Resorts IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Master Capital Services Ltd. Share India Capital Services Pvt.Ltd. | Unistone Capital Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Share India Securities Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Happy Steels IPO is up to ₹23.75 Cr whereas the issue size of the Larisa Hotels & Resorts IPO is up to ₹0.00 Cr. The final issue price of Happy Steels IPO is ₹66.00 per share and of Larisa Hotels & Resorts IPO is .
| Happy Steels IPO | Larisa Hotels & Resorts IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹62.00 per share | |
| Issue Price (Upper) | ₹66.00 per share | |
| Issue Price (Final) | ₹66.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | |
| Fresh Issue Size | 35,98,000 shares | 36,72,000 shares |
| Fresh Issue Size (Amount) | up to ₹23.75 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 35,98,000 shares | 36,72,000 shares |
| Issue Size Total (Amount) | up to ₹23.75 Cr | up to ₹0.00 Cr |
Happy Steels IPO opens on Jul 09, 2026, while Larisa Hotels & Resorts IPO opens on . The closing date of Happy Steels IPO and Larisa Hotels & Resorts IPO is Jul 13, 2026, and , respectively.
| Happy Steels IPO | Larisa Hotels & Resorts IPO | |
|---|---|---|
| Anchor Bid Date | Jul 08, 2026 | |
| Issue Open | Jul 09, 2026 | |
| Issue Close | Jul 13, 2026 | |
| Basis Of Allotment (Tentative) | Jul 14, 2026 | |
| Initiation of Refunds (Tentative) | Jul 15, 2026 | |
| Credit of Share (Tentative) | Jul 15, 2026 | |
| Listing date (Tentative) | Jul 16, 2026 | |
| Anchor Lockin End date 1 | Aug 13, 2026 | |
| Anchor Lockin End date 2 | Oct 12, 2026 |
Happy Steels IPO P/E ratio is 9.76, as compared to Larisa Hotels & Resorts IPO P/E ratio of .
| Happy Steels IPO | Larisa Hotels & Resorts IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)Happy Steels Ltd.'s revenue increased by 17% and profit after tax (PAT) rose by 203% between the financial year ending with March 31, 2026 and March 31, 2025.
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.33 | 76.98 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹94.29 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 19.49 | 38.41 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.89 | 22.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.18 | 0.82 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 17.76 | 38.41 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Happy Steels IPO Retail Individual Investors (RII) are offered 12,60,000 shares while in Larisa Hotels & Resorts IPO retail investors are offered 12,60,000 shares. Qualified Institutional Buyers (QIB) are offered 7,22,000 shares in Happy Steels IPO and 0 shares in Larisa Hotels & Resorts IPO.
| Happy Steels IPO | Larisa Hotels & Resorts IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,76,000 shares | 0 shares |
| Market Maker Reservation | 1,90,000 shares | 0 shares |
| QIB | 7,22,000 shares | 0 shares |
| NII | 5,40,000 shares | 0 shares |
| RII | 12,60,000 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 35,98,000 shares | 0 shares |
Happy Steels IPO subscribed 54.54x in total, whereas Larisa Hotels & Resorts IPO subscribed .
| Happy Steels IPO | Larisa Hotels & Resorts IPO | |
|---|---|---|
| QIB (times) | 59.01x | |
| NII (times) | 113.60x | |
| Big NII (times) | 128.77x | |
| Small NII (times) | 83.26x | |
| RII (times) | 73.25x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 54.54x |
