Happy Forgings IPO Subscription Details

Bookbuilding IPO | ₹1,009 Cr | Listed at BSE, NSE | Tue, Dec 19, 2023 - Thu, Dec 21, 2023

Happy Forgings IPO Subscription Status Live

Happy Forgings IPO IPO subscription status. Full data available on IPOMatrix.com.

Category QIBNIIRetailTotal
Ex. AnchorAnchor InvestorTotal QIBAbove ₹10LBelow ₹10LTotal NII
Allocation (No. of shares)
1,18,65,802
Allotment price (₹)
850
No. of applications
31,10,932
No. of shares applied
68,69,08,613

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Amount collected (₹ Cr.)
58,387.23 Cr
No. of times subscribed
57.89
No. of shares allotted
1,18,65,802
Amount allotted (₹ Cr.)
1,008.59 Cr
No. of allottees
2,51,979

IPO Shares Offered

Happy Forgings IPO is a public issue of 1.19 Cr equity shares. The issue offers 0.42 Cr shares to retail investors, 0.59 Cr shares to qualified institutional buyers, and 0.18 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 59,32,900504.30 50.00%
    Anchor 35,59,740 302.58 30.00%
    QIB (Ex Anchor) 23,73,160 201.72 20.00%
NII 17,79,871151.29 15.00%
    bNII (> ₹10L)11,86,580100.86 10.00%
    sNII (< ₹10L)5,93,29150.43 5.00%
Retail41,53,031353.01 35.00%
Total1,18,65,8021,008.59 100%

Anchor Investor Allocation

A total of 35,59,740 shares at a price of Rs 850 per share will be allotted to the anchor investors.

Bid DateDec 18, 2023
Price₹850.00
% of QIBs60.00%
Shares Locked (30 Days)17,79,870
Shares Locked (90 Days)17,79,870
#AnchorGroup EntityShares AllottedAmt (₹ cr.)% Allocated% Allotment of Issue
1 SBI MAGNUM CHILDREN'S BENEFIT FUND-INVESTMENT PLAN SBI MUTUAL FUND 1,64,407 13.97 4.62 1.39
2 SBI RESURGENT INDIA OPPORTUNITIES FUND SBI 35,292 3.00 0.99 0.30
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IPO Subscription FAQs

The Happy Forgings IPO is subscribed 57.89x.

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CategorySubscription (times)
Total57.89x

Happy Forgings IPO total subscription is 57.89x.

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An investor can apply in Happy Forgings IPO online via bank (using ASBA) or the broker (using UPI). The Happy Forgings IPO shares are offered online only.

The Happy Forgings IPO is subscribed 57.89x times.

The Happy Forgings IPO allotment status is expected on or around Friday, December 22, 2023. Visit Happy Forgings IPO allotment status to check.

The Happy Forgings IPO listing date is December 27, 2023. The equity share of Happy Forgings IPO will list on BSE, NSE.

Visit Happy Forgings IPO subscription status page for real-time bidding information about Happy Forgings IPO.

Happy Forgings IPO Timetable

IPO opens OnTuesday, December 19, 2023
IPO Closes OnThursday, December 21, 2023
Finalisation of Basis of AllotmentFriday, December 22, 2023
Initiation of RefundsTuesday, December 26, 2023
Credit of Shares to Demat AccountTuesday, December 26, 2023
IPO Listing DateWednesday, December 27, 2023
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