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Happy Forgings Makes Stock Market Debut, Shares List At 18% Premium

Happy Forgings shares made the market debut at Rs 1,001.25, reflecting a jump of 17.79 per cent from the issue price on the BSE, Happy Forgings Makes Stock Market Debut, Shares List At 18% Premium

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Happy Forgings share price up marginally after decent listing. Should you buy or book out?

Happy Forgings IPO had received a strong subscription of 82 times and was driven by institutional investors. The categories reserved for retail investors and NIIs were subscribed 15 times and 62 times, respectively. The QIB portion was booked 220 times.

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Happy Forgings GMP: Happy Forgings shares to make D-Street debut on Wednesday. Here's what GMP indicates

The company caters to domestic and global original equipment manufacturers, manufacturing commercial vehicles in the automotive sector, while in the non-automotive sector, its clients are manufacturers of farm equipment, off-highway vehicles, and manufacturers of industrial equipment and machinery for oil and gas, power generation, railways, and wind turbine industries.

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Happy Forgings IPO: What does GMP, subscription status signal ahead of listing

Happy Forgings IPO is expected to have a strong listing, with the grey market indicating a premium of ₹400 per share. Happy Forgings, a manufacturer of heavy forgings and high-precision machined components, is set to make its stock market debut on Wednesday (December 27).

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Primary market action | Six IPOs to hit Dalal Street with 14 listings scheduled in last week of 2023

Amongst the IPOs and listings, all eyes will be on the eight listings scheduled in the coming truncated week in the mainboard segment, though the action will be more in the SME segment.

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Happy Forgings IPO: Check, GMP, refund, demat transfer, listing and other details

Ahead of its listing next week, the grey market premium (GMP) of Happy Forgings fell marginally to Rs 405. Despite this fall, the stock will likely debut with a bumper premium of over 80% if the current trends are sustained. The listing date is likely to be December 27.

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Happy Forgings IPO share allotment to be finalised today after strong subscription. Check status, GMP and listing date

Happy Forgings IPO Share Allotment Status: The company's shares are expected to get listed on the exchanges on December 27. According to market sources, Happy Forgings IPO is trading with a premium of Rs 435 in the unlisted market.

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Happy Forgings IPO allotment – How to check allotment, GMP, listing date and more

Happy Forgings is expected to announce its share allotment status on Friday, December 22.The shares of Happy Forgings were subscribed 81.95 times.The shares

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