GMP · subscription · track record

Happy Steels IPO

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Tracking
Mean GMP
Worth a look

GMP is an informal figure from outside SEBI's framework. Not investment advice.

About this issue

Happy Steels listed at +3.0% against its issue price of ₹66. The book is 77.81 times subscribed overall. The grey market premium is +₹10 (+15.2%), which is an informal figure and not a quoted price. Our call is Apply, on 89% of our checks.

Segment
SME
Price
₹66
Lot size
2,000 shares
One lot costs
₹1,32,000
Issue size
₹24 Cr
Grey market premium
+₹10 (+15.2%)
Subscribed
77.81x
Listed at
+3.0%
Our call
Apply

What we checked

3 further checks could not be judged, because the issue did not disclose enough. They count neither for nor against.

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