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15 Days Price Change

Happy Square IPO

Closing In

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WEBSITE Inc. Year: 2017 Industry: Professional Services Listed Page

Profile
Issue Size 17.64 Cr
Profile
Price Range 72  to  76 per share
Profile
Min Investment ₹76
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

We offer a wide array of services such as Recruitment, Payroll, Onboarding and flexible staffing. Our comprehensive network, structured processes, professionalism and strong work ethics ensure that we remain at the top on the domestic scale. We satisfy firms’ staffing, and recruitment needs in India and US through this specialised rich knowledge. Read More

Basic Info

Face Value 10 per share

Price 72  to  76 per share

P/E (x) 10.9

Sales( Cr.) 97

PAT( Cr.) 6

EPS 7

Draft Prospectus

Exchange NSE-SME

Promoter

Company Promoters

Shraddha Rajpal Nalini Rajpal

Pre Issue Share Holding 84%

Post Issue Share Holding 60.89%

Listing Details:

Listing Price: 77

Listing Gain: 1.3%

Current Price: 35.7

Gain On Issue: 35.7 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jul 03, 2025
Closing Date Jul 07, 2025
Allotment Jul 08, 2025
Refund Jul 09, 2025
Delivery of Shares Jul 09, 2025
Listing Date Jul 10, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1600 121,600
Retail (Max) 1 1600 121,600
S-HNI (Min) 2 3200 243,200
S-HNI (Max) 8 12800 972,800
B-HNI (Min) 9 14400 1,094,400

Objective of the Issue

1. Funding of working capital requirements of our Company 2. General Corporate Purposes.

Issue

Category Nos Bid Bid (x)
QIB 0 4147200 0x
NII 0 1270400 0x
Retail 0 2163200 0x
EMP 0 0 0x
Total 0 7580800 0x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Happy Square Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 28 53 69 97
Other Income 0 0 0 0
Total Income 28 53 70 98
Total Expenditure 28 50 63 88
Operating Profit 0 3 7 10
Interest 0 0 1 1
Depreciation 0 0 0 0
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 0 2 6 8
Provision for Tax 0 1 1 2
Profit After Tax 0 2 4 6
Adjustments 0 0 0 0
Profit After Adjustments 0 2 4 6
Adjusted Earnings Per Share 0.3 2.1 5.2 7

Happy Square Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 0 2 7 12
Minority's Interest 0 0 0 0
Borrowings 3 3 3 3
Other Non-Current Liabilities 0 0 0 0
Total Current Liabilities 5 9 19 24
Total Liabilities 9 14 28 40
Fixed Assets 0 0 2 3
Other Non-Current Assets 1 2 2 1
Total Current Assets 7 12 24 35
Total Assets 9 14 28 40

Happy Square Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 0 0 0
Cash Flow from Operating Activities -0 -1 -2 -2
Cash Flow from Investing Activities -1 -1 -2 -0
Cash Flow from Financing Activities 1 2 4 2
Net Cash Inflow / Outflow -0 -0 -0 0
Closing Cash & Cash Equivalent 0 0 0 1

Happy Square Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.29 2.13 5.22 7.02
CEPS(Rs) 0.41 2.31 5.44 7.56
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 0.42 2.54 7.82 14.84
Core EBITDA Margin(%) 1.63 5.39 9.3 9.56
EBIT Margin(%) 1.35 5.28 9.4 9.37
Pre Tax Margin(%) 1.16 4.53 8.46 8.19
PAT Margin (%) 0.87 3.39 6.34 6.06
Cash Profit Margin (%) 1.21 3.69 6.6 6.52
ROA(%) 2.85 15.61 20.62 17.38
ROE(%) 69.82 143.47 100.82 61.97
ROCE(%) 9.07 43.12 49.61 40.92
Receivable days 77.66 47.2 60.03 71.25
Inventory Days 0 0 0 0
Payable days 0 0 0 0
PER(x) 0 0 0 0
Price/Book(x) 0 0 0 0
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) 0.12 0.12 0.16 0.23
EV/Core EBITDA(x) 7.06 2.16 1.61 2.33
Net Sales Growth(%) 0 86.68 31.48 40.59
EBIT Growth(%) 0 629.82 133.97 40.12
PAT Growth(%) 0 627.04 145.73 34.38
EPS Growth(%) 0 627.04 145.73 34.38
Debt/Equity(x) 10.94 3.07 1.67 1.17
Current Ratio(x) 1.36 1.25 1.29 1.47
Quick Ratio(x) 1.36 1.25 1.29 1.47
Interest Cover(x) 7.13 7.03 9.92 7.92
Total Debt/Mcap(x) 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 41% 51% 0% 0%
Operating Profit CAGR 43% 0% 0% 0%
PAT CAGR 50% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 62% 102% 94% 94%
ROCE Average 41% 45% 36% 36%

Company Contact Information

Happy Square Outsourcing Services Ltd.

Angha Ambalkar

0761-4083591

info@white-force.com

240, Nagpur Road Madan Mahal

IPO Lead Manager(s)

Happy Square Outsourcing Services Ltd.

Corpwis Advisors Pvt Ltd.

Registrar Info

Happy Square Outsourcing Services Ltd.

Purva Shareregistry (India) Pvt Ltd

Gala No 9, Shiv Shakti, Industrial Estate Sitaram Mill Compound, J R Boricha Marg

+91 22 4134 3255/ +91 22 4134 3256

support@purvashare.com

https://www.purvashare.com

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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