Happy Steels SME IPO Allotment Status
Happy Steels SME IPO closed on 13 July 2026. Allotment will be finalised on 14 July 2026. Refunds for unsuccessful applicants will be initiated on 15 July 2026. Shares will be credited to demat accounts on 15 July 2026. The stock lists on NSE and BSE on 16 July 2026.
Issue Price
Rs 66.00
Allotment Date
14 July 2026
Refund Date
15 July 2026
Share Credit Date
15 July 2026
Listing Date
16 July 2026
Registrar
Bigshare Services
GMP Today
Rs 10.00 (15.15%)
Est. Listing Price
Rs 76.00
Est. Profit / Lot
Rs 40,000.00
Happy Steels SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 73.25x.
- •Allotment odds: about 1 in 73 (~1% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 80.30x.
- •Allotment odds: about 1 in 80 for a minimum-lot application (~1% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 83.26x. Allotment uses application count, not share volume.
BHNI (above Rs 10 lakh)
- •Application subscription: 47.63x.
- •Allotment odds: about 1 in 48 for a minimum-lot application (~2% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 129.29x. Allotment uses application count, not share volume.
Check the Happy Steels SME IPO Subscription Status for the full category-wise breakdown.
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?
Once allotment is finalised on 14 July 2026, the process moves as follows.
If you are allotted shares: Shares will be credited to your demat account on 15 July 2026. You can hold or sell on listing day, 16 July 2026. Based on current GMP of Rs 10.00, the estimated listing price is Rs 76.00 per share.
If you are not allotted shares: Your blocked amount (ASBA) will be unblocked and refunded on 15 July 2026. The refund goes back to the bank account linked to your application. UPI-based applications are unblocked automatically. ASBA applications through net banking are unblocked by your bank.
On listing day: The stock lists on NSE and BSE on 16 July 2026. You can sell your allotted shares from the moment trading begins.
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 Subscription Status
Category-wise subscription and allotment chances
Happy Steels SME IPO GMP Today
Live GMP, listing price estimate, listing gain
Happy Steels SME IPO Details
Financials, peers, strengths, and review
IPOwiz Allotment Checker
Check allotment for multiple PANs at once
Happy Steels SME IPO Listing Price
Listing day GMP vs actual listing price and gain
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 allotment chances in Happy Steels SME IPO for IND?
At 73.25x subscription by applications, approximately 1 in 73 ind applicants can expect an allotment (~1% per application). Allotment is by lottery.
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?
Final category-wise subscription for Happy Steels SME IPO is on the Happy Steels SME IPO Subscription Status page on IPOwiz, including QIB, NII, and IND figures.
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.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Allotment guide verified before publish.