Happy Forgings is set to announce the allotment status of its initial public offering (IPO) on Friday, December 22. The Happy Forgings IPO, which opened on December 19 and closed on December 21, set the price band of ₹808 to ₹850 per share.
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Checking Allotment Status on Registrar’s Website
To check the Happy Forgings IPO allotment status, investors can follow these steps on the registrar’s website:
Visit the registrar’s website.
Click on ‘Select Company’ and choose ‘Happy Forgings.’
Enter your PAN, application number, DP/Client ID, or Account number/IFSC.
Enter the captcha.
Click on submit.
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Checking Allotment Status on BSE
Go to the BSE website.
Click on ‘Equity’ and select ‘Happy Forgings’ from the dropdown menu.
Enter your application number and PAN.
Click on ‘Search’.
Happy Forgings IPO: The Happy Forgings IPO was oversubscribed 81.95 times, with bids received for 68.56 crore equity shares against the 83.66 lakh shares on offer. The qualified institutional buyer portion witnessed an impressive subscription of 220.48 times, while non-institutional investors showed strong interest with a subscription of 62.12 times. Retail investors also actively participated, contributing to a subscription of 14.94 times.
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The shares of Happy Forgings are scheduled to be listed on the stock exchanges on December 27, marking the next milestone in the company’s journey as a publicly traded entity.