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Happy Forgings IPO
₹1,030.80
+21.27% on listing
Listing-day close · NSE · 27 Dec 2023 · issue price ₹850
Happy Forgings’ ₹1,009 crore IPO was priced at ₹850 a share. It listed on the NSE on 27 Dec 2023 and closed its first day at ₹1,030.80, up 21.27% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹1,009 Cr
- Fresh issue
- ₹400 Cr
- Offer for sale
- ₹609 Cr
- Lot size
- 17 shares
- Minimum investment
- ₹14,450
- Face value
- ₹2
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 57.89× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹8,007 Cr
- P/E (post-issue)
- 33.6
- EPS (post-issue)
- ₹25.33
- Price to book
- 7.7
- ROE
- 21.12%
- ROCE
- 24.24%
- PAT margin
- 17.44%
- Promoter holding
- 88.24% → 78.60%
Financials as of 31 Mar 2023, from the offer documents.
Listing
- Listing date
- 27 Dec 2023
- Issue price
- ₹850
- Open
- ₹1,000.00
- High
- ₹1,087.40
- Low
- ₹961.25
- Close
- ₹1,030.80
Listing day on the NSE. The close was +21.27% on the issue price.
HAPPYFORGE share price todayFAQs
When did the Happy Forgings IPO open and close?
It opened on 19 Dec 2023 and closed on 21 Dec 2023.
What was the Happy Forgings IPO price?
The price band was ₹808–850 a share. The final issue price was ₹850.
What is the lot size and minimum investment?
One lot is 17 shares, ₹14,450 at ₹850 a share. Retail investors apply in whole lots.
How much did Happy Forgings raise?
₹1,009 crore: ₹400 crore of new shares and ₹609 crore offered by existing shareholders.
How many times was the Happy Forgings IPO subscribed?
57.89 times overall.
How did Happy Forgings list?
It listed on the NSE on 27 Dec 2023 at ₹1,000.00 and closed the day at ₹1,030.80, up 21.27% on the ₹850 issue price.
Who is the registrar of the Happy Forgings IPO?
MUFG Intime India handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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