Happy Forgings Limited IPO
Basic information about the company: Happy Forgings Limited, established in July 1979, stands as a prominent Indian manufacturer specializing in heavy forgings and high-precision machined components. With a robust track record spanning over four decades, the company has earned recognition for its expertise in designing, testing, and manufacturing a diverse range of products for various industries. Product Portfolio and Customer Base
Happy Forgings boasts a comprehensive product line that includes crankshafts, front axle carriers, steering knuckles, differential housings, transmission parts, pinion shafts, suspension products, and valve bodies. The company caters to a distinguished clientele, including industry leaders such as AAM India Manufacturing Corporation, Ashok Leyland, JCB India, Mahindra & Mahindra, and more. Its global reach extends to countries like Brazil, Italy, Japan, Spain, Sweden, Thailand, Turkey, the United Kingdom, and the United States of America. Manufacturing Facilities
The company operates three state-of-the-art manufacturing facilities, strategically located in Kanganwal and Dugri, Ludhiana, Punjab. These facilities play a pivotal role in ensuring the production of high-quality components that meet the stringent standards of diverse industries. Happy Forgings IPO: Key Details
IPO Dates: 19 to 21 Dec 2023
Price Band: ₹808 to ₹850 per share
Lot Size: 17 Shares
Issue Size: 1,008 Crs
Retail Quota: 35%
Gmp: +40% (only for information) 📌Link for checking Allotment status: https://linkintime.co.in/mipo/ipoallotment.html Join our WhatsApp Group for Trading/Investment ideas & Market Updates👇
DISCLAIMER: No financial information whatsoever published anywhere here should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor before making any actual investment decisions, based on the information published here. Any reader taking decisions based on any information published here does so entirely at their own risk. Investors should bear in mind that any investment in the stock market is subject to unpredictable market-related risks. The author has no plans to invest in this offer and also the author does not recommend investing in any offer published on this website.