Happy Square Outsourcing Services (White Force) IPO
Happy Square Outsourcing Services (White Force) is an NSE SME IPO listed on the NSE SME platform, priced at ₹72–₹76 per share. The stock debuted at ₹77, delivering a listing gain of 1.3%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,21,600.
Happy Square Outsourcing Services Limited (White Force) IPO
- IPO Dates
- Jul 3, 2025 – Jul 7, 2025
- Price band
- ₹72-76 per equity share
- Minimum Investment
- ₹1,21,600
- Issue size
- ₹24.25 Cr
- Lot size
- 1600
- Allotment Date
- Jul 8, 2025
- Listing
- Jul 10, 2025
- Listing At
- NSE SME
IPO timeline
-
Jul 3, 2025
Open Date
Completed
-
Jul 7, 2025
Close Date
Completed
-
Jul 8, 2025
Allotment Date
Completed
-
Jul 10, 2025
Listing Date
Completed
Happy Square Outsourcing Services (White Force) IPO Essentials
Happy Square Outsourcing Services (White Force) IPO Details
Happy Square Outsourcing Services (White Force) IPO is priced at ₹72-76 per share with a total issue size of 24.25 crore. The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹72-76 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 31,90,400 shares(aggregating up to ₹24.25 Cr)
- Total issue size
- 31,90,400 shares
(aggregating up to ₹24.25 crore) - Fresh issue
- 31,90,400 shares
(aggregating up to ₹24.25 crore) - Listing at
- NSE SME
- List price
- 77.0
- Listing date
- Registrar
- Purva Sharegistry India Pvt Ltd
- Lead manager
-
Corpwis Advisors Private Limited
Market Lot Size
Investors can bid for a minimum of 3200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 3200 | ₹2,43,200 |
| Retail(max) | 2 | 3200 | ₹2,43,200 |
| NII (min) | 3 | 4,800 | ₹3,64,800 |
Happy Square Outsourcing Services (White Force) IPO Reservation
Happy Square Outsourcing Services (White Force) IPO reservation details show category-wise allocation of shares. Out of the total 32,64,000 shares, approximately 18.97% are reserved for QIB, 14.26% for NII, 33.28% for retail investors, 5.05% for market maker, and 28.43% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (28.43%) | |
| Market Maker Shares Offered | NA (5.05%) | |
| QIB Shares Offered | NA (18.97%) | |
| NII (HNI) Shares Offered | 4,65,600 (14.26%) | |
| Retail Shares Offered | 10,86,400 (33.28%) | |
| Total Shares Offered | 32,64,000 (100%) |
Happy Square Outsourcing Services (White Force) IPO Analytics
Happy Square Outsourcing Services (White Force) IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Happy Square Outsourcing Services (White Force) IPO Subscription Status
Happy Square Outsourcing Services (White Force) IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 14,48,000 / 4,36,800 | 10,17,600 | 20,33,600 |
|
Day 1
03-07-25 06:00 PM
|
(0.00 / 0.94) x | 0.37 x | 0.39 x |
|
Day 2
04-07-25 06:00 PM
|
(0.14 / 0.88) x | 0.72 x | 0.59 x |
|
Day 3
07-07-25 06:00 PM
|
(7.16 / 2.24) x | 2.12 x | 3.58 x |
Happy Square Outsourcing Services (White Force) Valuations
Earnings
- EPS Pre IPO
- ₹7.02/-
- EPS Post IPO
- ₹5.09/-
- P/E Pre IPO
- 10.83
- P/E Post IPO
- 14.93
Returns
- ROE
- 61.97%
- ROCE
- 57.75%
- RoNW
- 61.97%
- PAT Margin
- 6.06%
Fundamentals
- Debt / Equity
- 1.17
- Price / Book
- 5.12
Happy Square Outsourcing Services (White Force) Financials( In Crs.)
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 39.64 | 28.38 | 14.32 |
| Revenue | 97.68 | 69.54 | 52.80 |
| Profit After Tax | 5.90 | 4.39 | 1.79 |
| Net Worth | 12.48 | 6.57 | 2.14 |
| Reserves & Surplus | 12.47 | 6.52 | 2.13 |
| Total Borrowing | 14.59 | 10.98 | 6.57 |
Happy Square Outsourcing Services (White Force) Company & Offer Insights
About Happy Square Outsourcing Services (White Force)
Founded in April 2017, Happy Square Outsourcing Services is an HR outsourcing firm with expertise in hiring, payroll, onboarding, and flexible staffing.
It is engaged in a technology-driven human resource outsourcing business with end-to-end solutions.
Its services are Recruitment, Payroll, Onboarding and flexible staffing.
It is an ISO 9001:2015 company.The firm leverages a massive talent pool to provide staffing solutions to businesses across India and the US, focusing on technology-driven solutions and a wide network to find skilled resources, serving as a third-party manager of the workforce through strong recruitment and HR capabilities.Happy Square has a presence in both Indian and US markets, fully comprehending the region-specific needs for staffing solutions.As of July 31, 2024, the firm has 4,225 staff deployed across different locations for its customers.
As of July 31 2024, the firm employed 151 department staff.
Happy Square Outsourcing Services (White Force) Promoter(s)
Shraddha Rajpal, Nalini Rajpal are the company's promoters of Happy Square Outsourcing Services (White Force).
Happy Square Outsourcing Services (White Force) IPO Issue Objectives
- •
- Funding of working capital requirements of the Company
- •
- General corporate purposes
Contact Information
Contact Details
Happy Square Outsourcing Services (White Force)
0761-4083591
240, Nagpur Road, Madan Mahal, Jabalpur, Madhya Pradesh, 482008
Registrar Contact Details
Purva Sharegistry India Pvt Ltd
+91-022-23018261/ 23016761
Frequently Asked Questions
Click any question to reveal the answer
Happy Square Outsourcing Services (White Force) IPO is a book-built IPO worth ₹24.25 crore. The price band is ₹72–₹76 per share. The IPO opens on Jul 3, 2025 and closes on Jul 7, 2025. It will be listed on NSE SME Platform. Purva Sharegistry India Pvt Ltd is the registrar.
The price band of Happy Square Outsourcing Services (White Force) IPO is ₹72 to ₹76 per share.
The lot size of Happy Square Outsourcing Services (White Force) IPO is 1600 shares.
The minimum investment for Happy Square Outsourcing Services (White Force) IPO is approximately ₹1,21,600 based on the upper price band .
Happy Square Outsourcing Services (White Force) IPO opens on Jul 3, 2025 and closes on Jul 7, 2025.
The allotment date of Happy Square Outsourcing Services (White Force) IPO is Jul 8, 2025.
Happy Square Outsourcing Services (White Force) IPO is expected to be listed on Jul 10, 2025, on NSE SME Platform.
Happy Square Outsourcing Services (White Force) IPO valuation snapshot: P/E 14.93, EPS ₹5.09/-, P/B 5.12, RoNW 61.97%, and market cap N/A.
To apply for Happy Square Outsourcing Services (White Force) IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Happy Square Outsourcing Services (White Force) IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Happy Square Outsourcing Services (White Force) IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Happy Square Outsourcing Services (White Force) IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Happy Square Outsourcing Services (White Force) IPO allotment status on IPO Ji for quick and easy access.