Happy Forgings IPO share allotment likely on December 22: Here’s how to check status

The company's maiden public issue is a combination of a fresh issue of 47.06 lakh equity shares to the tune of ₹ 400 crore and an offer for sale (OFS) of 71.6 lakh equity shares worth ₹608.6 crore.

Proceeds from the fresh issue will be used for the purchase of equipment, plants, and machinery, payment of loan and for general corporate purposes.

Shares were available for bidding in the price band of ₹808-850 apiece.

Investors who have bid for the IPO can check the allotment status online through the BSE website or the website of the official registrar , Link Intime India Private Ltd.

· Visit official website of BSE: https://www.bseindia.com/investors/appli_check.aspx

· Click on equity and from the drop-down list of issue names select Happy Forgings.

· Either enter the Application Number exactly or the PAN (10-digit alphanumeric) number.

· Click on the Captcha to verify and finally, then click on the search button.

An investor can also visit the Link Intime registrar website for IPO status by clicking on the link: https://linkintime.co.in/IPO/public-issues.html

After the finalisation of the basis of allotment on December 22, the investors who have been allotted shares will receive the details. For others, the refunds will be initiated. The shares are expected to be credited to the demat accounts of successful bidders on December 26.