Happy Forgings has debuted at Rs 1001.25 on the BSE, up by 151.25 points or 17.79% from its issue price of Rs 850.

The scrip is currently trading at Rs 1028.00, up by 178.00 points or 20.94% from its issue price. It has touched a high and low of Rs 1038.55 and Rs 961.00 respectively. So far 4.17 lakh shares were traded on the counter.

The offering, which was open for subscription between December 19, 2023 and December 21, 2023 was subscribed 82.04 times. The issue price was fixed at Rs 850 per share i.e. at upper end of price band of Rs 808-850 apiece. 

Happy Forgings is an Indian manufacturer specializing in designing and manufacturing heavy forgings and high-precision machined components.