Manipal Health Enterprises GMP ₹33 ▲ 5.59%Xtranet Technologies GMP ₹9 ▲ 7.09%Indo-MIM GMP ₹171 ▲ 35.26%Poojaa Precision Engg. GMP ₹195 ▲ 64.78%Lohia Corp GMP ₹11 ▲ 2.59%Advance Technoforge GMP ₹5.5 ▲ 5.79%Metalic Technoforge GMP ₹6 ▲ 7.79%Gulf Lloyds GMP ₹1 ▲ 1.00%
IPO Index

Happy Steels SME IPO GMP Today

SME Book Build Listed
Engineering
NSE SME
Price Band
₹62 - ₹66
Issue Size
₹25.00 Cr
Lot Size
2000
Min. Investment
₹1,32,000
Live GMP ₹10
15.15% Est. Listing: ₹76
IPO Timeline
DRHP FILED February 12, 2026
OPEN July 9, 2026
CLOSE July 13, 2026
ALLOTMENT July 14, 2026
LISTING July 16, 2026

Happy Steels IPO GMP & Subscription

Day-wise GMP trend & subscription details

Happy Steels IPO has announced a ₹25.00 Cr. SME IPO in the Engineering sector. This book build issue comes with a price band of ₹62 to ₹66 per share. The company has set the face value at ₹10 per share. The IPO issue type is a fresh issue of ₹25.00 Cr. and an Offer for Sale of ₹- Cr. The listing is at NSESME. Further, the minimum lot size is 2 of 2,000 shares each. This company provides transmission and driveline components.

GMP Trend (Last 11 Days)

Last updated: 18 Jul 2026 10:04
GMP Trend Analysis
GMP Trend Analysis
GMP Value Trend Area
Today's GMP
10
IPO: ₹66
+15.15%
Highest GMP
11
IPO: ₹66
+16.67%
Lowest GMP
5
IPO: ₹66
+7.58%
Est. Listing Price
76
vs IPO: + ₹10
+15.15%
IPO Price ₹66 Positive Trend
GMP DateGMPExpected GainEst. Listing Price
18 Jul 2026 ₹10 +15.15% ₹76
17 Jul 2026 ₹10 +15.15% ₹76
16 Jul 2026 ₹10 +15.15% ₹76
15 Jul 2026 ₹11 +16.67% ₹77
14 Jul 2026 ₹9 +13.64% ₹75
13 Jul 2026 ₹8 +12.12% ₹74
11 Jul 2026 ₹7 +10.61% ₹73
10 Jul 2026 ₹5 +7.58% ₹71
09 Jul 2026 ₹7 +9.85% ₹73
06 Jul 2026 ₹0 0.00% ₹66
04 Jul 2026 ₹0 0.00% ₹66

Disclaimer: The grey market premium is only an unofficial news update. We do not trade in the grey market or recommend anyone to deal in it. Readers must consult a professional financial advisor, and any choice you make based on this information is at your own risk.

Overall
3.12 ×
Retail
1.50 ×
QIB
59.01 ×
NII
113.60 ×

Day-wise Subscription Details

Real time
DayQIBNIISmall NIIBig NIIRetailTotal
Day 1 0.00x 0.16x 0.04x 0.22x 0.14x 0.10x
Day 2 0.63x 5.74x 4.24x 6.49x 3.53x 3.17x
Day 3 4.54x 43.56x 27.28x 51.69x 29.10x 25.17x
Day 459.01x113.60x83.26x128.77x1.50x3.12x
Sanjay Bambhaniya
Sanjay Bambhaniya
Sanjay has 8+ years of experience in data-driven IPO insights. His expertise in digital marketing and web development complements his financial knowledge and helps him to develop effective fintech solutions. He is an entrepreneur and director who helps investors understand complex primary market trends in easy-to-understand IPO reports, news, and updates.
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