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Happy Steels IPO Subscription Details
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Subscription
Live Subscription Details
Total subscribed 77.81 times
Live Subscriptions
| Date | Q I B ( Ex Anchor) | N I I | N I I (> ₹10 L) | N I I (< ₹10 L) | Individual Investors | Total |
|---|---|---|---|---|---|---|
| Jul 9 (Day 1) | 0.21 | 1.31 | 3.73 | 0.41 | 0.51 | 0.59 |
| Jul 10 (Day 2) | 0.63 | 5.40 | 12.62 | 4.28 | 3.61 | 3.14 |
| Jul 13 (Day 3) | 59.01 | 113.60 | 128.77 | 83.26 | 73.25 | 77.81 |
Live Subscription Bids Wise
| Category | Subscription (x) | Shares Offered | Shares Bid For | Total Amt (₹ Cr.) | Total Applications |
|---|---|---|---|---|---|
| Anchor | 1 | 10,76,000 | 10,76,000 | 7.10 | - |
| Market Maker | 1 | 1,90,000 | 1,90,000 | 1.25 | - |
| QIB (Ex Anchor) | 59.01 | 7,22,000 | 4,26,06,000 | 281.20 | 43 |
| NII*** | 113.60 | 5,40,000 | 6,13,42,000 | 404.86 | 0 |
| bNII (> ₹10L) | 128.77 | 3,60,000 | 4,63,56,000 | 305.95 | |
| sNII (< ₹10L) | 83.26 | 1,80,000 | 1,49,86,000 | 98.91 | |
| Individual Investors | 73.25 | 12,60,000 | 9,22,96,000 | 609.15 | 23,074 |
| Total ** | 77.81 | 25,22,000 | 19,62,44,000 | 1,295.21 | 28,384 |
Happy Steels IPO Subscription — Frequently Asked Questions
What is the current subscription status of Happy Steels IPO?
The overall subscription status of Happy Steels IPO is currently 77.81 times. This figure is updated live during the bidding period and reflects total applications received relative to the shares offered.
How can I check live subscription for Happy Steels IPO?
You can track live subscription for Happy Steels IPO on this page, which shows category-wise (QIB, NII, Retail) and bids-wise subscription data. The IPO is priced at ₹62–₹66 and subscription closes on Jul 13.
What does 77.81 times subscription mean for Happy Steels IPO?
A subscription of 77.81 times for Happy Steels IPO means investors have applied for shares worth that many times the total issue size. Higher subscription generally indicates stronger demand, but it also reduces the chance of allotment for retail investors in oversubscribed IPOs.
What are QIB, HNI, and Retail categories in Happy Steels IPO?
In Happy Steels IPO, QIB (Qualified Institutional Buyers) includes mutual funds and banks, NII/HNI (Non-Institutional Investors) is for high-net-worth individuals investing above ₹2 lakh, and Retail is for individual investors applying up to ₹2 lakh. Each category has a separate quota and subscription is tracked independently.
When does Happy Steels IPO subscription close?
Happy Steels IPO subscription closes on Jul 13. It opened on Jul 09. Applications must be submitted and payment authorized before the deadline on the closing day — typically by 5:00 PM IST.
Does high subscription guarantee allotment in Happy Steels IPO?
No. Even if Happy Steels IPO is heavily oversubscribed at 77.81 times, allotment is done through a lottery system for retail investors and proportionately for other categories. High subscription does not guarantee shares will be allotted.
How is Happy Steels IPO subscription calculated?
Subscription for Happy Steels IPO is calculated by dividing the total number of shares bid for by the number of shares offered in each category. For example, 3x subscription means three times more shares were applied for than available in that category.