Happy Steels SME IPO Allotment Status
ListedUpdated 16 July 2026, 9:15 AM IST· Allotment 14 Jul 2026· Listing 16 Jul 2026
Happy Steels SME IPO IPO closed on 13 July 2026. Allotment date is 14 July 2026. Refund date for non-allotted bids is 15 July 2026. Share credit to demat is on 15 July 2026. Listing date on NSE and BSE is 16 July 2026.…
Happy Steels SME IPO IPO closed on 13 July 2026. Allotment date is 14 July 2026. Refund date for non-allotted bids is 15 July 2026. Share credit to demat is on 15 July 2026. Listing date on NSE and BSE is 16 July 2026. Retail, SHNI, and BHNI allotment is by lottery when oversubscribed.
Show moreShow less
Happy Steels SME IPO Allotment Chances
Happy Steels SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 73.25x | 1 in 73 |
| SHNI (Rs 2L to Rs 10L) | 80.30x | 1 in 80 |
| BHNI (above Rs 10L) | 47.63x | 1 in 48 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
See full category numbers on the Happy Steels SME IPO Subscription Status page.
How to Check Happy Steels SME IPO Allotment Status
Allotment status will be available from 14 July 2026. There are four ways to check.
Option 1: Via IPOwiz App
- Download the IPOwiz App from the Play Store
- Add the PAN numbers you want to check in the PAN section
- Go to the Allotted section and select Happy Steels SME
- View the allotment status for the saved PAN numbers
Option 2: Via Bigshare Services Website
- Visit the Bigshare Services Allotment Page
- Select Happy Steels SME from the drop-down menu
- Enter your PAN number, application number, or demat account details
- Click Search to view your allotment status
Bigshare Services is the official registrar for this IPO. This is the most direct method to check your result.
Option 3: Via BSE Website
- Go to the BSE IPO allotment page
- Select Happy Steels SME from the list
- Enter your PAN number, application number, or demat account details
- Click Search to check your status
Option 4: Via Demat Account
Log in to your demat or trading account from 15 July 2026 onwards. If shares have been credited, your allotment was successful. Share credit is expected on 15 July 2026.
What Happens After Allotment?
After 14 July 2026 allotment, here is what happens next.
If allotted: Shares credit to your demat on 15 July 2026. You can sell or hold on listing day, 16 July 2026. Current GMP is Rs 10.00, so estimated listing price is about Rs 76.00 per share.
If not allotted: Your blocked ASBA money is refunded on 15 July 2026 to the linked bank account. UPI bids unblock on their own. Net-banking ASBA is unblocked by your bank.
On listing day: Trading starts on NSE and BSE on 16 July 2026. You can sell allotted shares from the open.
For listing day updates, follow the IPOwiz Telegram Channel.
Happy Steels SME IPO Registrar Details
The registrar for this IPO is Bigshare Services. For allotment queries or discrepancies, you can contact them directly.
| Field | Value |
|---|---|
| Registrar | Bigshare Services Private Limited |
| Website | bigshareonline.com |
| Allotment Check | Bigshare Services IPO Allotment Page |
| ipo@bigshareonline.com | |
| Phone | 022-6263 8200 (toll free) |
Happy Steels SME IPO Details
| Field | Value |
|---|---|
| Price Band | ₹62.0 - ₹66.0 |
| Issue Size | ₹25.00 Cr |
| Lot Size | 2000 shares |
| Minimum Investment | Rs 2,64,000.00 |
| IPO Type | NSE SME |
| Open Date | 9 July 2026 |
| Close Date | 13 July 2026 |
| Allotment Date | 14 July 2026 |
| Listing Date | 16 July 2026 |
| Overall Subscription | 77.89x |
Happy Steels SME IPO full details including financials, valuation, and review.
About Happy Steels SME
Happy Steel Limited, established in 1996, is an integrated manufacturer of safety-critical, forged, and precision-machined transmission and driveline components. Operating out of a 16,577 square yard production complex in Ludhiana, Punjab, the company controls the entire metal processing value chain—encompassing raw material cutting, heavy forging, heat treatment, precise gear shaping, surface induction hardening, and grinding. Its specialized high-strength asset portfolio features finished axles, long spline shafts, and safety load-bearing spindles tailored for domestic and international original equipment manufacturers (OEMs) and Tier-I engineering suppliers across on-highway, off-highway, electric vehicle (EV), and sovereign defense application networks.
Happy Steels SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Happy Steels SME Details
Issue size, price, financials, and company info
Happy Steels SME GMP
Live grey market premium and listing estimate
Happy Steels SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Happy Steels SME Allotment
Allotment date, chances, and check by PAN
Happy Steels SME Review
SWOT, strengths, risks, and IPO review
Happy Steels SME FAQ
Common questions on dates, GMP, and allotment
Happy Steels SME Registrar
Registrar website and how to check allotment
Happy Steels SME Timeline
Open, close, allotment, and listing dates
Happy Steels SME News
Updates, blogs, and latest IPO news
Happy Steels SME IPO Allotment FAQs
What is Happy Steels SME IPO allotment date?
Happy Steels SME IPO allotment date is 14 July 2026. Allotment results are published by Bigshare Services on this date.
How to check Happy Steels SME IPO allotment status?
Check Happy Steels SME IPO allotment status on the Happy Steels SME IPO Allotment Status page on IPOwiz, on Bigshare Services (bigshareonline.com), BSE IPO allotment page, or the IPOwiz App using your PAN.
How to check Happy Steels SME IPO allotment by PAN?
Enter your PAN on Bigshare Services allotment portal (https://ipo.bigshareonline.com/IPO_Status.html), BSE IPO allotment, IPOwiz App, or the IPOwiz Happy Steels SME IPO Allotment Status page. Results are available from 14 July 2026.
When will Happy Steels SME IPO allotment result be announced?
Happy Steels SME IPO allotment result will be out on 14 July 2026, usually after market hours. Refunds for non-allotted applicants follow on 15 July 2026.
What are Happy Steels SME IPO retail allotment chances?
At 73.25x subscription by applications, about 1 in 73 ind applicants may get allotment (~1% chance per application). Allotment is by lottery.
What are Happy Steels SME IPO SHNI allotment chances?
At 80.30x subscription by applications, about 1 in 80 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 83.26x. Allotment chances use applications, not share volume.
What are Happy Steels SME IPO BHNI allotment chances?
At 47.63x subscription by applications, about 1 in 48 BHNI applicants may get allotment (~2% chance per application). Allotment is by lottery. Share subscription was 129.29x. Allotment chances use applications, not share volume.
Is Happy Steels SME IPO SHNI and BHNI allotment by lottery?
Yes. In Happy Steels SME IPO, Retail, SHNI (Rs 2L to Rs 10L), and BHNI (above Rs 10L) allotment is by lottery when the category is oversubscribed. If allotted, you get at least one lot.
When will Happy Steels SME IPO refund be credited?
If you are not allotted in Happy Steels SME IPO, your blocked ASBA amount is unblocked and refunded on 15 July 2026. UPI applications unblock automatically; net-banking ASBA is unblocked by your bank.
When will Happy Steels SME IPO shares be credited to demat?
Allotted Happy Steels SME IPO shares are credited to your demat account on 15 July 2026, one day before listing on 16 July 2026.
When is Happy Steels SME IPO listing date?
Happy Steels SME IPO listing date is 16 July 2026. The stock lists on NSE and BSE. You can sell allotted shares from the opening bell.
What to do if not allotted in Happy Steels SME IPO?
No action is needed. Your application amount is refunded on 15 July 2026 to the bank account linked to your IPO bid. You can apply in the next IPO.
How to check Happy Steels SME IPO allotment on BSE?
Visit the BSE IPO allotment page, select Happy Steels SME IPO, and enter your application number or PAN. Results go live on 14 July 2026 alongside the registrar website.
How to check Happy Steels SME IPO allotment on Bigshare Services?
Go to https://ipo.bigshareonline.com/IPO_Status.html, select Happy Steels SME IPO, and search by PAN or application number from 14 July 2026. For help, call 022-6263 8200 (toll free).
What is expected listing price of Happy Steels SME IPO?
Based on GMP of ₹10 (+15.15%), Happy Steels SME IPO expected listing price is about ₹76 per share (issue price ₹66 + GMP). Actual price is set on 16 July 2026.
What is Happy Steels SME IPO subscription status?
See full QIB, NII, SHNI, BHNI, and IND subscription for Happy Steels SME IPO on the Happy Steels SME IPO Subscription Status page on IPOwiz.
Check your allotment status from 14 July 2026 on the IPOwiz Allotment Checker. For listing day updates on 16 July 2026, follow the IPOwiz Telegram Channel or download the IPOwiz App.
Sources
We match Happy Steels SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- Bigshare ServicesOfficial site to check allotment status for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews allotment guides before they go live.