Market Live
Axis bank The Competition Commission of India has considered the proposed combination and approved the subscription to 14,25,79,161 equity shares of Max Life by the Bank. KEC International The company has secured new orders of Rs. 816 crores across its various businesses Brigade Enterprise Brigade Group signs a Joint Development Agreement for an Office Space in Whitefield, Bengaluru with a Development Value of Rs.340 Crores. Vedanta Vedanta Aluminium Expands Alumina Refining Capacity to 3.5 million tonnes per annum (MTPA)”. Anup Engineering Board fixed 23rd April 2024 as the Record Date for bonus issue Gufic Biosciences The company has incorporated a wholly owned subsidiary, “VEIRA LIFE FZE,” in Dubai for the marketing, distribution, and sale of pharmaceutical products. GE Power The company received orders worth Rs 774.9 crore from Jaiprakash Power. Suryoday Small Finance Bank The company reported disbursements at Rs 2,340 crore, up 39% YoY in the fourth quarter, gross advances at Rs 8,650 crore, up 41% YoY and total deposits at Rs 7,775 crore, up 50% YoY. RBL Bank The company reported total deposits at Rs 1.03 lakh crore, up 22% YoY as of March 31 and gross advances at Rs 85,640 crore, up 5% YoY. Vodafone Idea The board will meet on April 6 to consider share issuance proposals of equity and/or convertible shares on a preferential basis. L&T Finance Holdings The company reported retail loan book at Rs 80,010 crore in the fourth quarter, up 31% YoY and retail disbursements at Rs 15,030 crore, up 33% YoY
Sun. Apr 14th, 2024

Happy Forgings Announces Rs 1,008 Crore IPO

Photo by <a href="" rel="nofollow">Brooke Cagle</a> on <a href="" rel="nofollow">Unsplash</a>
Spread the love

Auto component manufacturer Happy Forgings has recently announced its plans to launch an Initial Public Offering (IPO) worth Rs 1,008 crore. The IPO is scheduled to open on December 19, with a price band set between Rs 808 and Rs 850 per share.

Happy Forgings, known for its expertise in manufacturing high-quality auto components, aims to utilize the funds raised through the IPO for various purposes. These include funding its expansion plans, enhancing its manufacturing capabilities, and meeting working capital requirements.

The company has established a strong presence in the auto component industry, catering to both domestic and international markets. With a focus on producing precision-engineered components, Happy Forgings has earned a reputation for delivering products of exceptional quality and reliability.

The IPO is expected to attract significant investor interest, given Happy Forgings’ solid track record and promising growth prospects. Investors will have the opportunity to become part of a company that has consistently demonstrated its commitment to innovation and customer satisfaction.

Happy Forgings’ IPO is anticipated to provide a boost to the Indian auto component sector, which has been witnessing steady growth in recent years. The company’s expansion plans and investment in advanced manufacturing technologies are expected to contribute to the sector’s overall development.

With the IPO set to open on December 19, investors and industry experts are eagerly awaiting the opportunity to participate in Happy Forgings’ growth story. The IPO price band of Rs 808 to Rs 850 per share offers investors a chance to be part of a leading auto component manufacturer with a strong market presence and a bright future ahead.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

As you found this post useful...

Follow us on social media!

By earn

Related Post

WP Twitter Auto Publish Powered By :
Authentic street dance studio. Free government money up to $26,000 per employee ! the irs has already refunded billions of dollars to business owners.