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Happy Square Outsourcing Services Ltd.

Happy Square Outsourcing Services Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹76
₹76
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹76
Based on GMP
Min. Investment
₹121,600
1 lot × 1600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
03 Jul 2025
Close Date
07 Jul 2025
Allotment
08 Jul 2025
Listing Date
10 Jul 2025
Exchange
NSE SME
Price Band
₹76
Listing Price
See chart
Allotment Status
Price Band
₹76
Per share
Face Value
₹10 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
31,90,400 shares (aggregating up to ₹24.25 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹121,600
1 lot
Pre-IPO Holding
84,10,000 shares
Promoters
Post-IPO Holding
1,16,00,400 shares
Promoters
P/E (Pre)
10.83x
 
P/E (Post)
14.93x
 
EPS (Pre)
₹7.02
 
EPS (Post)
₹5.09
 
UPI Deadline
2025-07-07
Mandate
Anchor AllotmentWed, 02 Jul 2025
Basis of AllotmentTue, 08 Jul 2025
Refund InitiationWed, 09 Jul 2025
Demat CreditWed, 09 Jul 2025
Listing DayThu, 10 Jul 2025
UPI Mandate Deadline2025-07-07
Sale TypeFresh Capital
Net Offer to Public29,02,400 shares (aggregating up to ₹22.06 Cr)
Market Maker Quota2,88,000 shares (aggregating up to ₹2.19 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Happy Square Outsourcing Services Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 07 Jul 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
288,000
₹2.19
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
3,190,400
100% ₹24.25
IPO Shares Offered
Happy Square Outsourcing Services Ltd. IPO total issue size: ₹24.25 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 288,000 ₹2.19
9.03%
Total 3,190,400 ₹24.25
100.00%
* Based on upper price band ₹76 per share
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹76.00
Upper Band
Min Investment
₹121,600
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹243,200
Retail (Max — 13 Lots)1320,800₹1,580,800
S-HNI (Min — 14 Lots)1422,400₹1,702,400
B-HNI (Min — 68 Lots)68108,800₹8,268,800
* Issue Price ₹76 × Lot Size 1,600 shares
IPO Schedule
Anchor
02 Jul 2025
✓ Done
IPO Open
03 Jul 2025
✓ Done
IPO Close
07 Jul 2025
✓ Done
Allotment
08 Jul 2025
✓ Done
Refunds
09 Jul 2025
✓ Done
Demat Credit
09 Jul 2025
✓ Done
Listing Day
10 Jul 2025
✓ Done
Happy Square Outsourcing Services Ltd. — Live Price LIVE
₹76.00
INR · NSE
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Issue ₹76.00 Live Price
About Happy Square Outsourcing Services Ltd.
Incorporated in April 2017, Happy Square Outsourcing Services specializes in HR outsourcing, focusing on recruitment, payroll, onboarding, and flexible staffing.The company is involved in a tech-based human resource outsourcing business focusing on end-to-end solutions.The company's services include Recruitment, Payroll, Onboarding and flexible staffing. The company is an ISO 9001:2015 certified company.The company utilizes a large talent pool to meet staffing needs for businesses in India and the US, emphasizing technology-based solutions and a comprehensive network to source qualified candidates, acting as a third-party provider for workforce management through robust recruitment and HR capabilities.Happy Square operates in both the Indian and US markets, understanding the specific needs of each region for staffing solutions.As of July 31, 2024, the company has 4,225 personnel deployed at various locations for its clients.As of July 31 2024, the company had 151 department employees.Competitive StrengthCustomer Satisfaction and long-standing relationships with its customers.Experienced Promoter and Management Expertise.Scalable Business ModelCatering to diversified industrial verticals.Strong financial position and good track record of financial performance.
Objects of the Issue
1
1 Funding of working capital requirements of the Company
2
2 General corporate purposes
Happy Square Outsourcing Services Ltd. Financials (Amount In Crore)
Revenue from Operations
₹52.8
31 Mar 2023
₹69.5
31 Mar 2024
₹97.7
31 Mar 2025
Profit After Tax (PAT)
₹1.8
31 Mar 2023
₹4.4
31 Mar 2024
₹5.9
31 Mar 2025
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 97.68 69.54 52.80
EBITDA 9.45 6.64 2.85
Profit After Tax (PAT) 5.90 4.39 1.79
Net Worth 12.48 6.57 2.14
Total Assets 39.64 28.38 14.32
Reserves & Surplus 12.47 6.52 2.13
Borrowings 14.59 10.98 6.57
EBITDA Margin (%) 9.70%
PAT Margin (%) 6.06%
P/BV Ratio
5.12
RoE
61.97%
RoCE
57.75%
RoNW
61.97%
PAT Margin
6.06%
EBITDA Margin
9.70%
Debt/Equity
1.17
Issue Structure & Shareholding
Total Shares Offered31,90,400 (100.00%)
Net Offer to Public29,02,400 shares (aggregating up to ₹22.06 Cr)
Reserved for Market Maker2,88,000 shares (aggregating up to ₹2.19 Cr)
Pre-Issue Promoter Holding84,10,000 shares
Post-Issue Promoter Holding1,16,00,400 shares
P/BV Ratio5.12
RoE61.97%
RoCE57.75%
Debt / Equity1.17
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Corpwis Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Happy Square Outsourcing Services Ltd. IPO subscribed?

Happy Square Outsourcing Services Ltd. IPO is subscribed 1.00 times by Jul 07, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Happy Square Outsourcing Services Ltd. IPO retail subscription status?

The Happy Square Outsourcing Services Ltd. IPO retail category is subscribed 1.00 times as of 07 Jul 2025. The retail portion is oversubscribed.

How to subscribe Happy Square Outsourcing Services Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 03 Jul 2025 and closes 07 Jul 2025. Min investment: ₹121,600 (1 lot = 1,600 shares). UPI mandate: 2025-07-07.

How many times Happy Square Outsourcing Services Ltd. IPO subscribed?

The Happy Square Outsourcing Services Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Happy Square Outsourcing Services Ltd. IPO allotment?

Check allotment on the registrar website (Purva Sharegistry (India) Pvt.Ltd.) at https://www.purvashare.com/investor-service/ipo-query. Enter your PAN, application number or DP/Client ID. Allotment date: 08 Jul 2025. Refunds: on 09 Jul 2025.

When Happy Square Outsourcing Services Ltd. IPO will be listed?

The Happy Square Outsourcing Services Ltd. IPO listing date is 10 Jul 2025, Thursday. Listed on: NSE SME. Issue price: ₹76. Estimated listing: ₹76. GMP: NIL.

When Happy Square Outsourcing Services Ltd. IPO close?

The Happy Square Outsourcing Services Ltd. IPO closes on 07 Jul 2025, Monday. UPI mandate: 2025-07-07. Allotment: 08 Jul 2025. Listing: 10 Jul 2025.