Happy Forging Limited IPO: Issue Price, Listing Gain and Share Price Now

Happy Forging Limited listed on 27-Dec-2023 at ₹1,030.8 against an issue price of ₹850 , a listing gain of +21.27%. It last traded at ₹2,328.2. This page is the record of that issue and what has happened to it since — reported figures only.

Happy Forging Limited IPO: listing gain and return since

MeasureValue
Issue price₹850
Listing price (listing-day close)₹1,030.8
Listing gain+21.27%
Price now₹2,328.2
Change from issue price+173.91%
Change from listing-day close+125.86%

The two changes above answer different questions and are routinely opposite in sign. The change from the issue price is what an allottee has made. The change from the listing-day close is what somebody who bought on the first day has made.

Happy Forging Limited IPO details

Issue termDetail
Issue price (upper band)₹850
Issue size₹1,008.59 Cr
Fresh issue₹400 Cr
Offer for sale₹608.59 Cr
Issue opened19-Dec-2023
Issue closed21-Dec-2023
Listed on27-Dec-2023
ExchangeBSE, NSE
SegmentMainboard
Lead managersJM Financial (left lead)

How the Happy Forging Limited IPO was subscribed

CategorySubscription
QIB214.65x
NII63.45x
Retail15.40x
Total82.63x

Happy Forging Limited today

FigureValue
Market capitalisation₹21,992 Cr
Trailing P/E67.20x
Return on capital employed18.0%
Return on equity15.0%
52-week high₹2,340
52-week low₹862
SectorCastings & Forgings

Fundamentals are as of the desk's last harvest and move with the market.

More on this issue

Automated data digest. This page is compiled automatically from exchange filings and public aggregator data. It is a record of reported figures — it is not research, not a recommendation, and not investment advice.

Grey Market Premium (GMP) is an unofficial, unregulated price quoted outside the exchanges. It is not a forecast of the listing price and is frequently wrong.

Published by INVESTOLOGY — SEBI Registered Research Analyst INH000015297. Investments in securities markets are subject to market risk; read all offer documents carefully before investing. Registration granted by SEBI and NISM certification in no way guarantee performance or assure returns.