|
Issue Open Date
|
19-Dec-23
|
|
Issue Closing Date
|
21-Dec-23
|
|
Application Money
|
100
|
|
Allotment Money
|
|
|
|
Price Band
|
808
-
850
|
|
Minimium Application No.
|
17
|
|
Issue Size (Shares)
|
11865802
|
|
Market Lot
|
1
|
|
|
|
|
Objective
|
|
1. Purchase of equipment, plant and machinery;2. Prepayment of all or a portion of certain outstanding borrowings availed by our Company; and3. General corporate purposes
|
|
|
|
|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
|
Offered / Reserved |
Bid For |
|
|
Non-Institutional Investors
|
1816563
|
112932598
|
62.1682804284795
|
|
Qualified Institutional Buyers
|
2310430
|
509404218
|
220.480264712629
|
|
Retail Individual Investors
|
2310430
|
509404218
|
220.480264712629
|
|
|
|
|
Business Description
We are the fourth largest engineering led manufacturer of complex and safety critical, heavy forged and highprecision machined components in India as of Fiscal 2023 in terms of forgings capacity (Source: Ricardo Report).We, through our vertically integrated op
|
|
|
Promoter's Holding
|
|
Total Share Capital
|
78970000
|
|
Offered to Public
|
11865802
|
|
Promoter's Holding (Pre-Issue)
|
88.24
|
|
Promoter's Holding (Post-Issue)
|
78.61
|
|
|
MORE > |
|
|
|
|
|
|
|
|
Address |
B- X X I X-2254/1
Kanganwal Road
Po Jugiana
Ludhiana
,
Punjab
,
141120
Phone :
0161-2510421 / 2510522
Email :
complianceofficer@happyforgingsltd.co.in
Website :
www.happyforgingsltd.com
|
|
|
|
Registrar |
Link Intime India Pvt Ltd.
C 101
247 Park
L B S Marg
Vikhroli (West)
Mumbai
|
|
|
|
Listed at |
|
BSE, NSE
|
|
|
|
Lead Manager |
Axis Capital Ltd.
Equirus Capital Pvt Ltd
JM Financial Ltd.
Motilal Oswal Investment Advisors Pvt Ltd
|
|
|
|
Promoters |
Ashish Garg
Ashish Garg & Sons (HUF)
Ayush Capital & Financial Services Pvt Ltd
Garg Family Trust
Megha Garg
Paritosh Kumar
Paritosh Kumar Garg (HUF)
|
|