Happy Forgings’s IPO will hit the market on 19 December 2023 and close on 21 December 2023. The Happy Forgings IPO GMP Kostak rate and subject to sauda updated as of today. The Happy Forgings IPO Grey Market Premium has started with high premium rates at this time, we need to wait for the rates to change with the market sentiment in a few days or to stabilize the rates. You can check Happy Forgings IPO subscription status here.
Happy Forgings Limited is engaged in engineering, process design, testing, manufacturing, and supply of a variety of components that are both margin-accretive and value-additive. We primarily cater to domestic and global original equipment manufacturers (“OEMs”) manufacturing commercial vehicles in the automotive sector, while in the non-automotive sector, we cater to manufacturers of farm equipment, off-highway vehicles, and manufacturers of industrial equipment and machinery for oil and gas, power generation, railways, and wind turbine industries.
Happy Forgings IPO Issue size of ₹1008.59 Crores, in which Fresh Issue of ₹400.00 Crores and Offer For Sale of ₹608.59 Crores and issue price band has been fixed at ₹808 to ₹850 Per Share. The Happy Forgings IPO is to be listed December 22, on NSE and BSE.
What is Happy Forgings IPO GMP Today?
■ The Happy Forgings IPO GMP Today Or Grey Market Premium is ₹234-₹235.
What is Happy Forgings IPO Kostak Rates Today?
■ The Happy Forgings IPO Kostak rate is ₹0.
What is Happy Forgings IPO Subject to Sauda Price Today?
■ The Happy Forgings IPO Subject to Sauda rates is ₹3000.
Happy Forgings IPO Approximately Returns?
■ The Happy Forgings IPO’s approximate return is 40%-45%, and it can also change according to the Market Sentiment.
Happy Forgings IPO GMP Live, Kostak, & Subject :
| Date | GMP | Kostak | Subject |
| 27 Dec 2023 | Listed : ₹1000 (17.65) Gain | ₹0 | ₹3000 |
| 26 Dec 2023 | ₹234-₹235  | ₹0 | ₹3000 |
| 25 Dec 2023 | ₹281-₹282 | ₹0 | ₹3600 |
| 24 Dec 2023 | ₹299-₹300  | ₹0 | ₹3900 |
| 23 Dec 2023 | ₹299-₹300 | ₹0 | ₹3900 |
| 22 Dec 2023 | ₹415-₹416  | ₹0 | ₹5400 |
| 21 Dec 2023 | ₹405-₹406 | ₹0 | ₹5200 |
| 20 Dec 2023 | ₹434-₹435 | ₹0 | ₹5600 |
| 19 Dec 2023 | ₹443-₹444 | ₹0 | ₹5700 |
| 18 Dec 2023 | ₹429-₹430 | ₹0 | ₹5600 |
| 17 Dec 2023 | ₹410-₹411 | ₹0 | ₹5300 |
| 16 Dec 2023 | ₹418-₹420 | ₹0 | ₹5200 |
| 15 Dec 2023 | ₹458-₹460 | ₹0 | ₹6000 |
| 14 Dec 2023 | ₹458-₹460 | ₹0 | ₹6000 |
| 13 Dec 2023 | ₹40-₹42 | ₹0 | ₹0 |
| 12 Dec 2023 | ₹0-₹0 | ₹0 | ₹0 |
IPO GMP Facts :
- The GMP is usually higher for IPOs of well-known companies with strong fundamentals.
- The GMP is also likely to be higher for IPOs that are heavily subscribed.
- It is important to do your own research before investing in an IPO, regardless of the GMP.
Happy Forgings IPO GMP FAQs :
How much is Happy Forgings IPO GMP Today?
Happy Forgings IPO GMP Today is ₹410-₹411.
What is Happy Forgings IPO Kostak Rate?
Happy Forgings IPO Kostak Rate is ₹0.
What is Happy Forgings IPO Subject to Sauda?
Happy Forgings IPO Subject to Deals is ₹5300.
What are Happy Forgings IPO Approx Returns?
Happy Forging IPO approx Returns is 40%-45%, and it can also change according to the Market Sentiment.
IPO GMP Disclaimer :
- GMP is not an indicator of the final listing price: The GMP is just a reflection of the demand and supply of the IPO shares in the grey market. The final listing price will depend on a number of factors, including the overall market sentiment and the performance of the company in the post-IPO period.
- The GMP can be volatile: The GMP can fluctuate significantly in the days leading up to the IPO listing. This is due to the uncertainty surrounding the final listing price and the volatility of the stock market in general.
- There is no guarantee of profit: Even if the GMP is high, there is no guarantee that the IPO shares will list at a profit. The final listing price could be lower than the GMP, or the shares could even decline in value after listing.
- Investing in IPOs carries risks: IPOs are considered to be high-risk investments. There is always the possibility that the company could fail, or that the shares could be diluted in the future.
| Happy Forgings IPO Details: Click Here Happy Forgings IPO Subscription: Click Here Happy Forgings IPO Allotment: Click Here Happy Forgings IPO Listing: Click Here |
All Happy Forgings IPO-related links are available here. If you want to know the details then click on the Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME-RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.