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Open
3 Jul 2025
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Close
7 Jul 2025
3
Allotment
—
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Listing
Thu, Jul 10, 2025
Price Band
₹72 to ₹76
Issue Size
31,90,400 shares (agg. up to ₹24 Cr)
Lot Size
1,600 Shares
Listing Date
Thu, Jul 10, 2025
Latest GMP
₹5
Est. Gain
6.58%
✦ AI Insight
GMP Trend
10-07-2025₹5Est. ₹81+6.58%
09-07-2025₹5Est. ₹81+6.58%
08-07-2025₹5Est. ₹81+6.58%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.79x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 39.64 | 28.38 | 14.32 |
| Total Income | 97.68 | 69.54 | 52.80 |
| Profit After Tax | 5.90 | 4.39 | 1.79 |
| EBITDA | 9.45 | 6.64 | 2.85 |
| NET Worth | 12.48 | 6.57 | 2.14 |
| Reserves and Surplus | 12.47 | 6.52 | 2.13 |
| Total Borrowing | 14.59 | 10.98 | 6.57 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Moving Media Entertainment Ltd. | SME | ₹43.40 Cr | ₹70 | 8.49 | ₹74.55 | +6.50% | ₹29.80 (-4.94%) |
| Icon Facilitators Ltd. | SME | ₹19.11 Cr | ₹91 | 11.72 | ₹85.50 | -6.04% | ₹70.40 (+2.03%) |
| Nukleus Office Solutions Ltd. | SME | ₹31.70 Cr | ₹234 | 52.33 | ₹196.55 | -16.00% | ₹221.70 (-0.54%) |
| Eleganz Interiors Ltd. | SME | ₹78.07 Cr | ₹130 | 17.67 | ₹116.05 | -10.73% | ₹97.25 (+3.24%) |
| Chamunda Electrical Ltd. | SME | ₹14.60 Cr | ₹50 | 16.59 | ₹66.50 | +33.00% | ₹44.75 (+3.71%) |
| EMA Partners India Ltd. | SME | ₹76.01 Cr | ₹124 | 15.56 | ₹148.70 | +19.92% | ₹80.75 (-2.71%) |
| Supreme Facility Management Ltd. | SME | ₹50.00 Cr | ₹76 | 18.7 | ₹71.25 | -6.25% | ₹24.85 (+5.74%) |
| Mangal Compusolution Ltd. | SME | ₹16.23 Cr | ₹45 | 11.66 | ₹42.75 | -5.00% | ₹45.03 (-2.11%) |
| Vision Infra Equipment Solutions Ltd. | SME | ₹106.21 Cr | ₹163 | 30.69 | ₹215.25 | +32.06% | ₹318.20 (+0.74%) |
| Positron Energy Ltd. | SME | ₹51.21 Cr | ₹250 | 15.79 | ₹498.75 | +99.50% | ₹181.15 (-3.62%) |
| International Gemmological Institute (India) Ltd. | Mainboard | ₹4,225.00 Cr | ₹417 | 50.98 | ₹471.15 | +12.99% | ₹346.35 (-1.17%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of Working Capital Requirement of the company | 19.00 |
| 2 | General Corporate Purposes | 3.48 |
| 3 | Issue Expenses | 1.77 |
| Total | 24.25 |
About Happy Square Outsourcing IPO
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 Strength Customer Satisfaction and long-standing relationships with its customers. Experienced Promoter and Management Expertise. Scalable Business Model Catering to diversified indu
Contact Details
Happy Square Outsourcing Services Ltd. Address240, Nagpur RoadMadan MahalJabalpur, Madhya Pradesh, 4820080761-4083591info@white-force.comVisit Website