Happy Square Outsourcing Services Limited (White Force) IPO
NSE SMEListed On: Jul 10, 2025 at ₹ 77.0
₹ 243200 /3200 Shares
*Min Investment
03 Jul, 2025
Open Date07 Jul, 2025
Close Date08 Jul, 2025
Allotment Date10 Jul, 2025
Listing DateHappy Square Outsourcing Services (White Force) IPO Issue Details
- Issue Price ₹72-76 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 31,90,400 shares(aggregating up to ₹24.25 crore)
- Fresh Share 31,90,400 shares(aggregating up to ₹24.25 crore)
- Listing at NSE SME
- List Price 77.0
- Listing Date 2025-07-10
- Lead Manager Corpwis Advisors Private Limited
- Registrar Purva Sharegistry India Pvt Ltd
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 offers total 32,64,000 shares. Out of which NA (18.97%) allocated to QIB, 4,65,600 (14.26%) allocated to NII,10,86,400 (33.28%) allocated to RII, NA (NA%) allocated to employees and NA (28.43%) allocated to 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 Details
Happy Square Outsourcing Services Limited (White Force) IPO is an SME IPO, priced at ₹72-76 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 31,90,400 equity shares, aggregating up to ₹24.25 crores..
The IPO bidding window is open from Jul 3, 2025 to Jul 7, 2025. The allotment is expected to be finalized on Jul 8, 2025, and the tentative listing date is Jul 10, 2025.
The minimum lot size for Retail investors is 3200 shares, with a minimum investment of ₹2,43,200. For HNIs, the minimum application size is 3 lots , amounting to ₹ 3,64,800.
Corpwis Advisors Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Purva Sharegistry India Pvt Ltd, and
Happy Square Outsourcing Services (White Force) IPO Subscription Analysis And Details
| 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
Happy Square Outsourcing Services (White Force) Company Financials
| 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 |
About Happy Square Outsourcing Services (White Force) Company
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
Pre Issue Share Holding : %
Post Issue Share Holding : %
Happy Square Outsourcing Services (White Force) IPO - Issue Objectives
Funding of working capital requirements of the Company
General corporate purposes
Contact Details
Happy Square Outsourcing Services (White Force)
240, Nagpur Road, Madan Mahal, Jabalpur, Madhya Pradesh, 482008
0761-4083591
Registrar Contact Details
Purva Sharegistry India Pvt Ltd
+91-022-23018261/ 23016761
Happy Square Outsourcing Services (White Force) IPO - FAQs
Ans. Happy Square Outsourcing Services Limited (White Force) IPO is a SME IPO. The issue is priced at ₹72-76 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Jul 3, 2025, and closes on Jul 7, 2025. Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Happy Square Outsourcing Services Limited (White Force) IPO opens on Jul 3, 2025 and closes on Jul 7, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Happy Square Outsourcing Services Limited (White Force) IPO is 31,90,400 shares(aggregating up to ₹24.25 Cr).
Ans. The Happy Square Outsourcing Services Limited (White Force) IPO price band is set between ₹72-76 per equity share.
Ans. To apply for Happy Square Outsourcing Services Limited (White Force) IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Happy Square Outsourcing Services Limited (White Force) IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Happy Square Outsourcing Services Limited (White Force) IPO is Jul 8, 2025.
Ans. The Happy Square Outsourcing Services Limited (White Force) IPO will be listed on Jul 10, 2025.
Ans. Follow the steps to check the Happy Square Outsourcing Services Limited (White Force) IPO allotment status online.
