Happy Steels IPO Allotment Status: Check Online on Registrar & NSE SME
- By Kotak News Desk
- 13 Jul 2026 at 5:00 PM IST
- 4 min read

As on 13 July 2026, 05:00 PM IST, the allotment for the Happy Steels IPO of ₹25 crores is expected to be finalized on 14 July 2026. Investors can check the allotment status through Bigshare Capital Services Private Ltd or on the NSE SME website using their PAN number or application number.
The subscription for the Happy Steels IPO closed on 13 July 2026. The IPO was open for bidding from 09 July 2026 to 13 July 2026 and was priced in the range of ₹62 to ₹66 per share. The total issue size was ₹25.
Shares are expected to be credited to investors’ demat accounts on 15 July 2026, while the IPO is scheduled to list on NSE SME on 16 July 2026.
How to check Happy Steels IPO Allotment Status on Registrar site
Step 1: Visit Bigshare Capital Services Private Ltd
Step 2: Select HAPPY from the drop-down menu on the page
Step 3: Enter details required like PAN Card, Application Number, or Demat Account Number
Step 4: Click on the ‘Submit’ Button and view your allotment status
How to check Happy Steels IPO Allotment Status on NSE website
Step 1: Go to Status of Issue Application Page on NSE Website
Step 2: Select “Equity & SME IPO bid details”
Step 3: Select IPO Company Code HAPPY from the Dropdown
Step 4: Enter your PAN & Application Number in the required field
Step 5: Click on “Submit” Button and view your allotment status
Bidding Details for Happy Steels
Market Maker Shares Offered | xxx (xx%) | xxx |
QIB Shares Offered | xxx (xx%) | xxx |
– Anchor Investor Shares Offered | xxx (xx%) | xxx |
– QIB (Ex. Anchor) Shares Offered | xxx (xx%) | xxx |
NII (HNI) Shares Offered | xxx (xx%) | xxx |
– bNII > ₹10L | xxx (xx%) | xxx |
– sNII < ₹10L | xxx (xx%) | xxx |
Retail Shares Offered | xxx (xx%) | xxx |
Total Shares Offered | xxx (xx%) | xxx |
Happy Steels IPO Subscription Status
(As on 13 July 2026, 05:00 PM IST)
Day 1 | 0.56 | 0.21 | 0.52 | 0.97 |
Day 2 | 3 | 0.63 | 3.63 | 4.26 |
Day 3 | 59.16 | 29.88 | 64.6 | 78.75 |
Happy Steels IPO Subscription Rate
Non-Institutional (HNI) | 83.42 |
Qualified Institutions | 55.47 |
Retail | 70.18 |
Total Subscription | 69.83 |
What happens if you get the Happy Steels IPO allotment?
If you get Happy Steels IPO allotment, the company’s shares will be credited to your demat account on 15 July 2026, based on your allotment. Once the shares are credited, the amount blocked in your bank account will be debited accordingly.
After the IPO is listed on 16 July 2026 on the NSE SME, you may choose to either hold the shares as a long-term investment or sell them in the market.
What if you didn’t get the Happy Steels IPO allotment?
If you didn’t receive allotment of Happy Steels IPO:
• Refunds will be initiated on or about 15 July 2026.
• The amount will be credited to your bank account linked to UPI On the other hand, if allotted shares will reflect in your Demat by 15 July 2026
• After the listing date, you can continue to track and invest in the stock directly through Kotak Neo
About Happy Steels
Happy Steels Limited was originally incorporated as Happy Steels Private Limited as a private limited company on June 14, 1996 pursuant to a Certificate of Incorporation issued by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh. Thereafter, Company was converted into a public limited company from a private limited company. Name of the Company changed to Happy Steels Limited and a fresh Certificate of Incorporation was issued by the Registrar of Companies, Chandigarh on March 20, 2025.The Company is an integrated manufacturer of SafetyCritical, Forged and Machined Transmission and Driveline components for Onhighway, Offhighway, EV and Defence applications. Product portfolio consist of a wide range of Axles, Long Spline Shafts, Spindle and other related components. Company operates a manufacturing unit located in Ludhiana, Punjab. The unit has installed capacity of 8,640.00 MT per annum for cutting process, 7,776.00 MT per annum for forging process, and 4,492.80 MT per annum for machining process during FY 2025. Company established a Machine Component Division to transition from conventional to CNC machining in 2007, it commissioned a second 1200 ton Heavy Duty Horizontal Forging Press and Heat Treatment Furnace to enhance capacity in 2013.Since commencement of the commercial operations in 1996, Company progressively scaled its operations and achieved production volumes of 5,247.83 MT per annum of machines in cutting process, 4,545.43 MT per annum of machines in Forging Process and 3,321.47 MT per annum of machines in Machining Process during the FY 2025.Company has filed a Draft Prospectus with the SEBI and is planning the issuance of 38,50,000 equity shares of face value Rs 10 each through fresh issue.
Happy Steels IPO Allotment Status FAQs:
The allotment date of the Happy Steels IPO is 14 July 2026.
You can check the allotment status of the Happy Steels IPO on the IPO allotment page of the Bigshare Capital Services Private Ltd or the NSE SME by entering your PAN number, application number, or Demat account details.
The Happy Steels IPO refund date is 15 July 2026.
The official Registrar of Happy Steels IPO is Bigshare Capital Services Private Ltd.
The shares of Happy Steels are expected to be listed on NSE SME on 16 July 2026. You can track listing gains or losses on Kotak Neo.
Buying Happy Steels on the listing day depends on the company’s valuation, market sentiment, and your investment goals. Always analyse the stock fundamentals and listing price before making any investment decision.
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit https://www.kotakneo.com/disclaimer/

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