Happy Forgings IPO Listing Highlights: Shares list at 17.65% premium on NSE
Happy Forgings IPO Listing News, Happy Forgings Share Price NSE, BSE: Shares of auto components maker Happy Forgings Ltd listed with a premium of nearly 18 per cent against the issue price of Rs 850 on Wednesday. The stock made its debut at Rs 1,001.25, reflecting a jump of 17.79 per cent from the issue price on the BSE. It further rallied 20.75 per cent to Rs 1,026.45.
At the NSE, it listed at Rs 1,000, up 17.64 per cent.
Follow Zee Business BLOG for all the latest news and updates on Happy Forgings Share Listing on NSE, BSE:
Happy Forgings IPO Listing News, Happy Forgings Share Price NSE, BSE: Shares of auto components maker Happy Forgings Ltd listed with a premium of nearly 18 per cent against the issue price of Rs 850 on Wednesday. The stock made its debut at Rs 1,001.25, reflecting a jump of 17.79 per cent from the issue price on the BSE. It further rallied 20.75 per cent to Rs 1,026.45.
At the NSE, it listed at Rs 1,000, up 17.64 per cent.
Follow Zee Business BLOG for all the latest news and updates on Happy Forgings Share Listing on NSE, BSE:
Latest Updates
Happy Forgings IPO Listing Price NSE, BSE LIVE Updates: Price settles at 17.65% premium to issue price in pre-open market
In the pre-opening session, Happy Forgings shares settled at Rs 1,000 on the NSE, a premium of 17.65 per cent to the issue price of Rs 850.
Happy Forgings IPO Listing Price NSE, BSE LIVE Updates: Check Stoploss
Zee Business Managing Editor Anil Singhvi advised investors to apply for listing gains. He said that long-term investors can HOLD with stoploss of Rs 1,000.
Happy Forgings IPO Listing Price NSE, BSE LIVE Updates: Listing Preview
Expected to list in Rs 1,050-1,100 range against issue price of Rs 850.
Happy Forgings IPO Listing Price NSE, BSE LIVE Updates: QIBs subscribed 220.48 times
The category for Qualified Institutional Buyers (QIBs) was subscribed a whopping 220.48 times. The part for non-institutional investors attracted 62.17 times subscription and the category for Retail Individual Investors (RIIs) got subscribed 15.09 times.
Happy Forgings IPO Listing Price NSE, BSE LIVE Updates: Fetched bids for 68,62,98,398 shares
As per data available on the National Stock Exchange, the Rs 1,008.6 crore-initial share sale fetched bids for 68,62,98,398 shares against 83,65,639 shares on offer.
Happy Forgings IPO Listing Price NSE, BSE LIVE Updates: Huge demand from institutional buyers
The initial public offer of auto components maker Happy Forgings got subscribed 82.04 times on the last day of bidding on Thursday, driven by huge demand from institutional buyers.
Happy Forgings IPO Listing Price NSE, BSE LIVE Updates: Fully subscribed on the first day
The IPO of Happy Forgings was fully subscribed on December 19, the first day of the three-session bidding process that ended on December 21.