Happy Square Outsourcing Services IPO

2.66x

subscribed

Happy Square Outsourcing Services IPO

listed
₹1.15LMin. investment
  1. Pre-apply
    2 Jul
  2. Bid start
    3 Jul
  3. Bid end
    7 Jul
  4. Allotment
    8 Jul
  5. Release of funds
    9 Jul
  6. Demat transfer
    9 Jul
  7. Listing
    10 Jul

Happy Square Outsourcing Services Limited IPO Details

Price range₹72.00 – ₹76.00
IPO type
SME
Lot size1600 shares
Issue size₹24Cr
Red Herring Prospectus
Read

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives

Working capital
78.35%
General corporate purposes
21.70%

About Happy Square Outsourcing Services Limited

Happy Square Outsourcing Services is a Jabalpur-based HR outsourcing and consulting firm offering staffing, payroll, compliance, and recruitment solutions. Backed by proprietary tech platforms like White Force Plus (ATS) and White Force Payroll HRMS, the company had 5,802 deployed personnel, 142 core staff with a high productivity ratio of 40.86. Government/PSU clients contributed ₹41.7 crore (43%) of FY25 revenue, up from 19% in FY23. Key sectors include PSUs (43%), Logistics (20%), and IT (18%). It onboarded 215 new and 185 repeat clients and has marquee clients like Cars24 and Octopolis. Geographically, Madhya Pradesh (28%), Haryana (13%), and Karnataka (16%) were major revenue contributors.

Happy Square Outsourcing Services IPO Subscription Status

Date
QIB
NII
Retail
Total
03-Jul-25
0.0 times (X)
0.92 times (X)
0.0 times (X)
0.2 times (X)
04-Jul-25
0.14X
1.54X
0.0X
0.37X
07-Jul-25
7.16X
2.9X
0.0X
2.66X

Frequently asked questions

How to invest in the Happy Square Outsourcing Services IPO ?

Investors can apply for the Happy Square Outsourcing Services IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Happy Square Outsourcing Services IPO ?

The issue size of the Happy Square Outsourcing Services IPO is 24 Cr.

What is 'pre-apply' for Happy Square Outsourcing Services IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Happy Square Outsourcing Services IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.