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Happy Square Outsourcing Services Limited IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.76.00
Issue Size:
Rs.24.25 Cr
Lot Size:
1600 shares
Open Date:
July 3
Happy Square Outsourcing Services Limited IPO Overview
Bidding Dates
July 3 - July 7
Min Investment
₹121,600
Price Range
₹76.00
Issue Size
₹24.25 Cr
IPO DRHP Doc
Company Overview
Incorporated in April 2017, Happy Square Outsourcing Services specializes in HR outsourcing, focusing on recruitment, payroll, onboarding, and flexible staffing. The company is ISO 9001:2015 certified and utilizes a large talent pool to meet staffing needs in India and the US. Happy Square operates in both markets, understanding regional staffing requirements. As of July 31, 2024, the company has 4,225 personnel deployed for clients and 151 department employees.
IPO Timeline
Opens
Jul 3
Closes
Jul 7
Allotment
Jul 8
Refunds
Jul 9
Shares Credit
Jul 9
Listing
Jul 10
Opens
Jul 3
Closes
Jul 7
Allotment
Jul 8
Refunds
Jul 9
Shares Credit
Jul 9
Listing
Jul 10
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 7.16x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 2.24x | Oversubscribed |
| RII (Retail Individual Investors) | 2.12x | Oversubscribed |
| Total Subscription | 3.58x | Oversubscribed |
Last updated: Jul 7, 2025, 06:22 PM
Current GMP:
Rs.5
Est. Listing:
Rs.81
Est. Gain:
+6.6%
Star Rating:
★★★★★(2/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Assets | ₹39.64 Cr | ₹28.38 Cr | ₹14.32 Cr |
| EBITDA | ₹9.45 Cr | ₹6.64 Cr | ₹2.85 Cr |
| Net Worth | ₹12.48 Cr | ₹6.57 Cr | ₹2.14 Cr |
| Profit After Tax | ₹5.9 Cr | ₹4.39 Cr | ₹1.79 Cr |
| Reserves and Surplus | ₹12.47 Cr | ₹6.52 Cr | ₹2.13 Cr |
| Revenue | ₹97.68 Cr | ₹69.54 Cr | ₹52.8 Cr |
| Total Borrowing | ₹14.59 Cr | ₹10.98 Cr | ₹6.57 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Strengths & Risks Analysis
Detailed strengths and risks analysis will be available when the company releases its prospectus and detailed documentation.
Read Company ProspectusIPO Details
Happy Square Outsourcing IPO Details
| Face Value | ₹10 per share |
| IPO Date | July 3, 2025 to July 7, 2025 |
| Issue Price | ₹76 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Listing Date | July 10, 2025 |
| Lot Size | 1,600 Shares |
| Net Offered to Public | 29,02,400 shares (aggregating up to ₹22.06 Cr) |
| Sale Type | Fresh Capital |
| Share Holding Post Issue | 1,16,00,400 shares |
| Share Holding Pre Issue | 84,10,000 shares |
| Total Issue Size | 31,90,400 shares (aggregating up to ₹24.25 Cr) |
White Force IPO Reservation
Share Reservation Distribution
QIB
1,448,000 shares (41.63%)
Retail
1,017,600 shares (29.25%)
Anchor Investors
868,800 shares (24.98%)
QIB (Ex-Anchor)
579,200 shares (16.65%)
HNI (NII)
436,800 shares (12.56%)
Market Maker
288,000 shares (8.28%)
Happy Square Outsourcing IPO Promoter Holding
| Share Holding Post Issue | 60.89% |
| Share Holding Pre Issue | 84.00% |
Happy Square Outsourcing IPO Listing Details
| ₹76 per share |
| INE0TLP01015 |
| July 10, 2025 |
| WHITEFORCE |
Key Dates
Open Date:July 3
Close Date:July 7
Listing Date:July 10
