Happy Forgings IPO opens today; check price band, GMP, among 10 key things to know before investing
1) Happy Forgings IPO Dates: Happy Forgings IPO opens for subscription on Tuesday, December 19, and will close on Thursday, December 21. The IPO allotment is expected to be finalized on December 22.
2) Happy Forgings IPO Details: The total issue size of the Happy Forgings IPO is ₹1,008.59 crore which comprises a fresh issue of equity shares worth ₹400 crore and an offer for sale (OFS) of 71.59 lakh shares. Read here: Happy Forgings IPO: Price band set at ₹808-850 per share; GMP, issue details, more 3) Happy Forgings IPO Price Band: Happy Forgings IPO price band is set at ₹808 to ₹850 per share.
4) Happy Forgings IPO Lot Size: The IPO lot size is 17 shares and the minimum investment amount required by retail investors is ₹14,450. 5) Happy Forgings IPO Reservations: The company has reserved 50% of the shares in the IPO for Qualified Institutional Buyers (QIB), 35% of offer for Retail Investors and remaining 15% for Non-Institutional Investors (NII).
6) Happy Forgings IPO Listing: Happy Forgings IPO will list on both the stock exchanges - BSE and NSE, with a tentative listing date fixed on December 27. (Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) 7) Happy Forgings IPO Lead Managers, Registrar: JM Financial, Axis Capital, Equirus Capital and Motilal Oswal Investment Advisors are the book running lead managers of the Happy Forgings IPO, while Link Intime India Private Ltd is the IPO registrar.
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