Happy Square Outsourcing Services IPO — Listing Performance
Happy Square Outsourcing Services IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 3 Jul 2025 |
| Listing date | 10 Jul 2025 |
| Overall subscription | 3.27x |
| Issue price | ₹76 |
| Listing-day close | ₹80.85 (6.38%) |
| Recent market price | ₹37.20 (-51.05% vs issue) |
| 52-week range | ₹32.30 – ₹90.05 |
| Identifiers | NSE: WHITEFORCE · ISIN: INE0TLP01015 |
How the listing went
Happy Square Outsourcing Services saw a healthy listing pop, closing day one 6.38% above the issue price, on moderate subscription of 3.27x.
Happy Square Outsourcing Services against every other debut on record
- Rank in 2025: 107 of 215 NSE debuts, on a 6.38% first-day close.
- 49th percentile of 116 SME debuts in 2025 (median 6.52%).
- 16th of 26 debuts in July 2025.
- Subscribed 3.27x: 34th percentile of 165 SME issues with a figure; the 65 subscribed between 1 and 5 times closed day one a median -1.34%.
- Opened 1.32% above issue, then added 5.06 points to the close.
- Day-one range ₹77 to ₹80.85: a 5.07% swing on the issue price.
- Last close ₹37.20 (11 Sep 2026): 51.05% below issue, against 6.38% on day one.
- 8% up its 52-week range of ₹32.30 to ₹90.05.
- Priced at the top of the ₹72 to ₹76 band.
- Listed 3 calendar days after close.
- All 601 SME debuts on record: median 14.22%, 79% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources