Happy Steels IPO

Initial public offer of upto 38,50,000 equity shares of face value of Rs.10/- each (the equity shares) of Happy Steels Limited (the company or the issuer) at an issue price of Rs. [] per equity share (including share premium of [] per equity share) for cash, aggregating up to Rs.[] crores (public issue) out of which upto [] equity shares of face value of Rs.10/- each, at an issue price of Rs.[] per equity share for cash, aggregating Rs.[] crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The public issue less market maker reservation portion i.e issue of [] equity shares of face value of Rs.10/- each, at an issue price of Rs.[] per equity share for cash, aggregating upto Rs.[] crores is herein after referred to as the net issue. The public issue and net issue will constitute []% and [*]% respectively of the post- issue paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company.