• BSE
  • NSE
    • {{d.cmpname}}
    • {{d.price}}
    • ({{d.PerChg}}%)
Market | Equity | Daily Market Tracker | IPO Synopsis
IPO SYNOPSIS
Happy Forgings Ltd
Registered Office:
B-XXIX 2254/1 Kanganwal Rd P O,Jugiana,
Ludhiana - 141120,
Punjab, India.
Initial public offering of 11,865,802 equity shares*** of face value of (Rs) 2 each of the company ("Equity Shares") for cash at a price of (Rs) 850 per equity share (including a share premium of (Rs) 848 per equity share) ("Offer Price") aggregating to (Rs) 1008.59 crores*** ("Offer"). The offer comprises a fresh issue of 4,705,882 equity shares*** aggregating to (Rs)400.00 crores*** ("Fresh Issue") and an offer for sale of 7,159,920 equity shares*** ("Offered Shares") aggregating to (Rs) 608.59 crores***, 4,922,445 equity shares*** aggregating to (Rs) 418.41 crores*** by Paritosh Kumar Garg (huf) (the "Promoter Selling Shareholder") and 2,237,475 equity shares*** aggregating to (Rs) 190.19 crores*** by India Business Excellence Fund - iii (the "Investor Selling Shareholder" and together with the promoter selling shareholder, the "Selling Shareholders"), and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale"). The offer will constitute 12.60% of the post offer paid up equity share capital of the company. ***Subject to finalisation of the basis of allotment. The face value of the equity share is (Rs) 2 each. The offer price is 425 times the face value of the equity shares.f
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
19-Dec-23
21-Dec-23
850.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 17     Further Multiples of : 17
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
377.82
Axis Capital Ltd
Project Financed
1008.59
 
Post Issue
18.84
 
Issue Price
850.00
 
Projects
Purchase of equipment plant and machinery
Prepayment of all or a portion of certain outstanding borrowings availed by the company
General corporate purposes
Promoted By
Paritosh Kumar
Ashish Garg
Megha Garg
Listing At
BSE
NSE
Registrar to the Issue
No Data Available!!!
.
Stock Broker Name Registration Number Registered Address Branch Address Contact Number Email id
DB (International) Stock Brokers Limited INZ000179035 Unit No. 210/211/211A at 2nd floor, Dalal Street Commercial Cooperative Society Ltd, Block No.53, Zone 5, Gift City, Gandhinagar, Gujarat-382355 1. 51, MINI MARKET T/F MANDIR WALI GALI, NEAR MANDIR WALI GALI YUSAF SARAI, NEW DELHI-110016
2. C-12 DB PLAZA RDC RAJ NAGAR GHAZIABAD-201002
3. 827 Tower B3 Spaze I Tech Park sector49, Sohna Road GURGAON HARYANA- 122001
4. 203, MARSHAL HOUSE25,STRAND ROAD, KOLKATA- 700007
5. OFFICE NO 101 CITY CENTER OPP HIGH COURT,M G ROAD INDORE- 452001
6. OUT SIDE JASSUSAR GATE BIKANER-334001
7. SHOP NO-72 ND FLOOR AMAR COMPLEX, Opp.HANUMAAN MANDIR THE MALL SOLAN-173211
8. Plot No 4, Wasme House, Film City Sector 16A, Noida - 201301
0120-4823200 compliance@dbonline.in
Daga Commodities Private Limited INZ000028833 114, New Delhi House, 27 Barakhamba Road Delhi New Delhi DL 110001- 0120-4823200 compliance@dbonline.in
DAGA BUSINESS (INTERNATIONAL) STOCK BROKERS IFSC PRIVATE LIMITED - Unit No. 228, Signature Building, Second Floor, Block 13B, Zone-1, GIFT SEZ - 0120-4823200 compliance@dbonline.in
Investor Grievances Email ID: investors@dbonline.in
Copyright © 2016 All rights Reserved DB (International) Stock Brokers Ltd.     Designed, Developed and content powered by C-MOTS Infotech( ISO 9001:2015 certified )
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors."          "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Attention Investors ::
subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries | Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 01, 2020. | Update your email id and mobile number with your stock broker / depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. | Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month........... Issued in the interest of Investors"