Happy Steels Ltd has opened its initial public offering to public subscription, setting a price band of ₹62 to ₹66 per share.
The automotive component manufacturer aims to raise ₹25 crore through the book-building issue, which consists entirely of a fresh issue of 37.88 lakh equity shares.
The subscription window remains open until July 13.
The lot size for the offering is set at 2,000 shares, a standard structure for listings on the SME platform.
While grey market premium (GMP) data is often cited in early coverage, specific pricing signals for Happy Steels have not yet been confirmed by official sources.
Investors will need to monitor subscription levels over the coming days to gauge demand.