Home  »  Ipo Grey Market Premium  »  Happy Forgings Ipo Gmp

Happy Forgings is about to release its IPO on December 19, 2023. The issue is closing on December 21, 2023, and is currently having an active grey market. The Happy Forgings IPO GMP is running at a stable rate as per the current situation.

In IPO, the GMP or the Grey Market Premium is the premium amount at which the IPO shares are traded before getting listed in the stock market.

However, the QIB and the HNI numbers are the key indicators of GMP in the case of the Happy Forgings IPO. The company is intended to raise Rs 1,008.59 Cr. by the released issue.

Happy Forgings IPO GMP Rates, Kotak rates & SS

This particular table represents everything related to the IPO event from its opening and closing date along with the face value of the issue.

You can check this table to know the IPO size, price band listing details, and more.

Date GMP (in INR) Kostak (in INR) Subject to Sauda (in INR)
 27 Dec 2023 Rs 250 NA Rs 3000
 26 Dec 2023 Rs 300 NA Rs 3500
 25 Dec 2023 Rs 400 NA Rs 5500
 22 Dec 2023 Rs 400 NA Rs 5500
 21 Dec 2023 Rs 420 NA Rs 5500
 19 Dec 2023 Rs 420 NA Rs 5500
 18 Dec 2023 Rs 450 NA Rs 5500
 17 Dec 2023 Rs 450 NA Rs 5500
14 Dec 2023 Rs 450 NA Rs 5500

Check out Related IPO Links:

Review Happy Forgings IPO
Happy Forgings IPO Allotment
LIVE Subscription – Happy Forgings IPO

Open Free Demat Account Now!

    Fill Your Details Here
    1. Open Demat AccountInvest in IPO

    Happy Forgings IPO Date / Timetable

    Here, you will find the important dates and events of this IPO. Check the allotment status, visit us again once the subscription date is over.

    IPO Open Date December 19, 2023
    IPO Close Date December 21, 2023
    Basis of Allotment Date December 22, 2023
    Initiation of Refunds December 26, 2023
    Credit of Shares to Demat Account December 26, 2023
    IPO Listing Date December 27, 2023

    Happy Forgings IPO – Financial Performance

    The below-given table will give you an overall idea of the company’s financial performance. Check their net profit and loss statement about Happy Forgings IPO.

    Amount (in INR & Million)
    31-Mar-23 Mar-22 31-Mar-21
    Assets 13,261.68 11,298.69 8,763.84
    Revenue 12,022.71 8,661.05 5,908.13
    Expense 9,222.47 6,740.58 4,737.52
    Profit After Tax 2,087.01 1,422.89 864.48

    Earnings per Equity Share (in Million)

    Earnings per Equity Share (in Million)
    31-Mar-23 Mar-22 31-Mar-21
    Basic & Diluted 23.32 15.90 9.66

    Happy Forgings IPOFAQs Related to Happy Forgings IPO GMP

    Check out FAQs on Happy Forgings IPO Grey Market Premium here –

    What is the current Happy Forgings IPO GMP Price?

    As of today, the Happy Forgings IPO GMP is Rs. 250.

    What is the current Happy Forgings IPO Kostak Rate?

    The Kostak rate is Rs NA for Happy Forgings IPO.

    What is today’s Happy Forgings IPO Subject to Sauda Rate?

    As of today, the Happy Forgings IPO Subject to Sauda is Rs 3000.

    Where to Check Happy Forgings IPO Allotment & Listing?

    However, if you don’t want to miss out on the issue’s allotment status and the listing, you can refer to this LINK given here: IPO Allotment Status

    What is Kostak’s Price?

    To apply for an IPO, there is an application price or application charges that come along and is known as the Kostak price. It is actually the premium amount at which IPO applications are being traded in the grey market.

    Is GREY market buying or selling shares illegal?

    Grey Market is basically trading that takes place before the stock of a company gets enlisted on the stock exchange.

    It takes place before the IPO release and the prices may change at any time. Hence, it is unofficial trading and hence, not “illegal”.


    The Happy Forgings IPO GMP which is mentioned in the table here is only valid for a specific date as mentioned in the header section. The Kostak is the premium that one gets by selling her/his IPO application to someone else before listing the issue. They can sell it in an off-market transaction. However, we aren’t buying/selling IPO forms on the IPO Grey market.

    It is also requested that please do not subscribe for an IPO by just seeing the premium price. The reason being, the premium price varies and can change anytime before listing. Please subscribe only after considering the fundamentals of the companies.

    Get 100% IPO Allotment Guarantee! Subscribe to IPO