Happy Square Outsourcing Services IPO Allotment: What You Need to Know
The buzz around the Happy Square Outsourcing Services IPO allotment is palpable! If you invested in this exciting venture, you’ll want to know how to check your allotment status, the IPO details, and what the future holds. Let’s dive into the festive spirit of investment and explore everything you need!
How to Check Happy Square IPO Allotment Status
So, you’re eager to find out whether you received a slice of the Happy Square Outsourcing Services pie? Checking your Happy Square IPO allotment is super easy!
Steps to Verify:
- Visit the Registrar’s Website:
- Head over to Purva Sharegistry India.
- Select the Issue Name:
- From the dropdown, select “Happy Square Outsourcing Services”.
- Enter Your Details:
- You can enter your PAN, application number, or DP/Client ID.
- Complete the Captcha:
- Fill in the captcha code and hit submit!
- Check Your Allotment:
- Your allotment information will pop up on the screen!
Alternatively, you can also verify your allotment on the NSE website by navigating to the ‘Equity’ section.
IPO Details and Subscription
The Happy Square IPO, open for subscription from July 3 to July 7, aimed to raise ₹24.25 crore, priced at ₹76 per share. Here’s a quick summary of the key details:
| IPO Details | Values |
|---|---|
| Total amount to be raised | ₹24.25 crore |
| Price per share | ₹76 |
| Lot Size (Retail) | 1,600 shares |
| Minimum Investment | ₹2,30,400 |
| Subscription Rate | 3.58 times overall |
Who Participated?
- Retail Investors: Subscribed 2.12 times
- Non-Institutional Investors (NIIs): Subscribed 2.24 times
- Qualified Institutional Buyers (QIBs): Subscribed an impressive 7.16 times!
This reflects strong demand and optimism around the Happy Square IPO!
Company Profile: Happy Square Outsourcing Services
Incorporated in April 2017, Happy Square Outsourcing Services is not just another name in the HR outsourcing game. With a focus on cutting-edge technology, the company provides comprehensive HR solutions, including recruitment, payroll management, and flexible staffing. They have a strong presence both in India and the United States, making them a competitive player in the market.
Happy Square IPO GMP Today
As part of the excitement, the Happy Square IPO GMP stood at ₹5 per share. This indicates a promising listing at ₹81, a 6.58% premium over the issue price!
Why Should This Matter to Potential Investors?
- Growth Potential: A positive GMP often signals strong market interest.
- Investment Sentiment: It shows the confidence in the company’s future prospects.
Quick Tips for Investors
- Stay Updated: Keep checking for updates on your allotment status.
- Plan Ahead: Know when the shares will be credited to your demat account!
- Consult an Advisor: If unsure about your investment decisions, it’s always good to consult a financial expert.
FAQs About Happy Square Outsourcing Services IPO
-
When will the shares be credited to my account?
- Shares of Happy Square will be credited on July 9.
-
What if I didn’t get an allotment?
- If you didn’t receive shares, the refunds will be initiated on the same day.
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How can I check my allotment without a PAN?
- You can use either your application number or DP/Client ID on the registrar’s website.
For more insights and updates on IPOs, you might find this NSE page useful!
Conclusion
The Happy Square Outsourcing Services IPO allotment has been a thrilling ride for investors. Whether you got allotted shares or not, it’s a great opportunity to learn and grow in your investment journey. As you navigate through these exciting times, remember to stay informed, make wise decisions, and embrace the festive spirit of investment!
Happy investing!
