Happy Steels IPO

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Happy Steels IPO Details

Check out the issue details for Happy Steels IPO as disclosed in SEBI.

IPO Price

₹ 66

Price Band

₹ 62 - 66

Issue Size

25.00 Cr.

Issue Type

Book Built

Open

2026-07-09

Close

2026-07-13

Listing price

₹ 68

Listing Gain

3.03%

Listing Date

2026-07-16

CMP

₹ 66.5

Current Return

0.76%

Company Financials

You can get the following financial statements of Happy Steels as of now.

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Net Sales 88.3 93.96 80.91 82.14 94.64
Total Expenditure 85.52 88.84 71.16 74.03 81.3
Operating Profit 2.78 5.12 9.75 8.11 13.34
Other Income 0.57 0.24 1.33 0.38 1.93
Interest 1.36 2.63 2.54 2.86 2.62
Depreciation 1.83 2.2 2.17 2.43 3.13
Exceptional Items -0.13 0 0 0 0
Profit Before Tax 0.03 0.53 6.36 3.2 9.52
Provision for Tax 0.03 0.12 1.67 0.86 2.42
Net Profit 0.01 0.4 4.69 2.34 7.1
Adjusted EPS (Rs.) 0 0.04 0.45 0.22 0.68

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity and Liabilities
Share Capital 1.5 1.5 1.5 1.5 10.5
Total Reserves 23.95 24.35 29.04 31.38 29.48
Borrowings 10.92 10.19 11.79 11.27 16.6
Other N/C liabilities 1.69 1.82 2.08 2.41 2.66
Current liabilities 34.09 31.67 33.96 32.07 40.42
Total Liabilities 72.15 69.53 78.37 78.62 99.66
Assets
Net Block 20.03 22.03 24.26 25.13 31.75
Capital WIP 3.09 0.15 0.22 0.09 2.94
Intangible WIP 0 0 0 2.57 5.51
Investments 0 0 0 0 0
Loans & Advances 1.74 1.18 1.18 1.26 1.6
Other N/C Assets 0 0 0 0 0.28
Current Assets 47.29 46.17 52.71 49.56 57.57
Total Assets 72.15 69.53 78.37 78.62 99.66
* Other Non-current Liabilities include Net deferred Liabilities

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jul 2026 72.99 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Profit from operations 0.17 0.53 6.36 3.2 9.52
Adjustment 1.83 4.74 3.44 5.53 5.91
Changes in Assets & Liabilities -3.2 -4.65 -12.04 2.17 -7.33
Tax Paid -0.1 -0.29 -1.43 -0.72 -2.29
Operating Cash Flow -1.31 0.33 -3.67 10.18 5.81
Investing Cash Flow -5.93 -3.01 -3.18 -5.64 -16.19
Financing Cash Flow 7.42 2.75 6.77 -4.34 10.34
Net Cash Flow 0.18 0.06 -0.08 0.2 -0.04
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