Happy Steels IPO Allotment Status: Steps to Verify Status & Key Issue Details

The allotment status for the ₹25.00 crore Happy Steels IPO is anticipated to be announced today, July 14, 2026. Investors can check their IPO allotment status on the official websites of the BSE or the registrar, Bigshare Services Private Limited.

Following the completion of the allotment process, the shares are likely to be listed on the NSE SME platform on July 16, 2026.

Procedure to Check Happy Steels IPO Allotment Status Online on NSE

• Visit the NSE’s IPO allotment verification status page here.
• Select “Equity & SME IPO Bid Details”.
• In Select, select “HAPPY”.
• Enter your PAN No. and Application No.
• Click “Submit”.

Procedure to Check Happy Steels IPO Allotment Status on Bigshare Services (Registrar to the Issue)

• Visit the Bigshare Services’ IPO allotment status page here.
• Click on any one of the three servers available on the page.
• In Select Company, select “HAPPY STEELS LIMITED”.
• Enter any of the following details.
• Application No./CAF No
• Beneficiary ID
• PAN Number
• Enter the captcha and click “Search”.

Happy Steels IPO - Issue Details

• Issue Type: Book Building IPO (Fresh Issue Only)
• Total Issue Size: Up to ₹25.00 crore  
• Fresh Issue: Up to 0.38 crore equity shares
• Offer for Sale (OFS): Not Applicable 
• Face Value: ₹10 per equity share
• Price Band: ₹62 to ₹66 per share
• Lot Size: 2,000 shares
• Listing: NSE SME
• Book Running Lead Managers: Share India Capital Services Private Limited, Master Capital Services Limited
• Registrar: Bigshare Services Private Limited

Explore other Upcoming IPOs on BSE and NSE.

Happy Steels IPO Overall Subscription Status

[July 13, 2026, 7:00 PM]

Utilisation of IPO Proceeds 

The company intends to utilise the net proceeds from the fresh issue towards:

• Capital expenditure towards the purchase of additional plant and machinery for the company's existing manufacturing unit.
• Repayment or prepayment of term loans to banks
• General corporate purposes.

About Happy Steels Limited

Incorporated in 1996, Happy Steels Limited is an integrated manufacturer of safety-critical forged and machined transmission and driveline components for on-highway vehicles, off-highway vehicles, electric vehicles, and defence applications. Its product portfolio includes axles, long spline shafts, spindles, and other components essential for vehicle performance and safety.

The company has developed manufacturing capabilities across forging, precision machining, heat treatment, and quality control processes. It supplies components to OEMs and Tier-I suppliers in India and overseas, with integrated operations covering machining, gear cutting, surface hardening, inspection, and packing. 

Key Financial Highlights

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