IPO Schedule
1
Open
3 Jul
2
Close
7 Jul
3
Allotment
-
4
Listing
10 Jul
Happy Square Outsourcing Services IPO
Issue:₹76
List:₹77
CMP:₹50
NSELot: 1600SME
LISTEDSME
Issue Price₹76
Listing₹77
Current₹50
Content
About Happy Square Outsourcing Services
Happy Square Outsourcing Services is an SME focused on providing outsourcing services, likely in areas such as data entry, customer service, or back-office operations. The company aims to leverage the IPO proceeds for growth and expansion within the outsourcing sector.
Subscription Status
QIB
0.00x
NII
0.94x
Retail
0.37x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 7.16x | 0.14x | 0.00x |
| NII | 2.24x | 0.88x | 0.94x |
| Retail | 2.12x | 0.72x | 0.37x |
| Total | 3.58x | 0.59x | 0.39x |
Risk Factors
•SME IPOs are generally more volatile and carry higher risk compared to mainboard IPOs due to lower liquidity and market capitalization.
•Reliance on a limited number of clients or specific industries could expose the company to business concentration risk.
•Competition from larger, more established outsourcing companies could impact market share and profitability.