Happy Forgings Limited, one of the leading manufacturers of forged and machined components in India, is launching its initial public offering (IPO) today. The IPO will close on December 21, 2023. The company is looking to raise Rs 1,009 crore from the public issue, which comprises a fresh issue of Rs 400 crore and an offer for sale of Rs 609 crore by the existing shareholders. The price band for the IPO is set at Rs 808 to Rs 850 per share. Here are some compelling reasons why you should subscribe to the Happy Forgings IPO.
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