The Happy Square Outsourcing Services Limited IPO is opening on 3 July 2025 and will close on 7 July 2025. This is an SME IPO raising ₹24.25 crore from a fresh issue of 31.90 lakh equity shares.
The Happy Square Outsourcing Services IPO allotment date will be decided on Tuesday, 8 July 2025. Happy Square Outsourcing Services shares will be tentatively listed on NSE SME on Thursday, 10 July 2025.
The Happy Square Outsourcing Services price band has been set between ₹72 and ₹76 per share. The lot size decided for the IPO is 1600 shares, which makes the minimum investment for the retail investors ₹115200. However, to avoid the oversubscription rush, it is better to bid at the cutoff price, which makes the minimum investment as ₹243200. For HNIs, the minimum subscription is 2 lots, amounting to ₹364800.
Happy Square Outsourcing Services NSE SME IPO Details
| Detail | Information |
| IPO Opening Date | July 3, 2025 |
| IPO Closing Date | July 7, 2025 |
| Tentative IPO Listing Date | July 10, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹72 to ₹76 per share |
| Lot Size | 1600 shares |
| Total Issue Size | 3190400 Shares (₹24.25 Cr.) |
| Reserved for Market Maker | 2880000 Shares (₹2.19 Cr.) |
| Net Offered to Public | 2902400 Shares (₹22.06 Cr.) |
| Fresh Issue | 2902400 Shares (₹22.06 Cr.) |
| IPO Segment | Book Building IPO |
| Listing At | NSE SME |
| Shareholding Pre-Issue | 8410000 shares |
| Shareholding post-issue | 11600400 shares |
Happy Square Outsourcing Services Limited | Company Overview
Happy Square Outsourcing Services Limited was started in 2017 to offer human resource services. As the name suggests, it is an outsourcing services specialist for HR services, which mainly includes onboarding, recruitment, payroll, and flexible staffing solutions.
It uses advanced technology to offer end-to-end HR solutions. It is an ISO 9001:2015 certified company as well. It serves companies in India and the US by helping them meet their staffing requirements. They have a large pool of talent from which they can use the tech solutions it offers to find the best candidates for the required roles.
As of 31 July 2024, the firm has 4225 personnel employed in its clients’ offices.
Happy Square Outsourcing Services Limited IPO | Key Details
- Happy Square Outsourcing Services IPO Opening Date: July 3, 2025,
- Happy Square Outsourcing Services IPO Closing Date: July 7, 2025.
- Allotment Date: July 8, 2025
- Price Band: ₹72 to ₹76 per share
- Lot Size: 1600 shares
- Refunds Initiated: July 9, 2025
- Shares Credited to Demat: July 9, 2025
- Listing Date: July 10, 202
Happy Square Outsourcing Services Ltd: Financial Overview
Happy Square Outsourcing Services Limited’s profits surged by 34%, from a 40.5% jump in revenue during FY25.
Here is a snapshot of the financials –
Amounts in ₹ Crore
| Financial Information | 31-Mar-25 | 31-Mar-24 | Change | Change (%) |
| Assets | 39.64 | 28.38 | 11.26 | 39.67582805 |
| Revenue | 97.68 | 69.54 | 28.14 | 40.4659189 |
| Profit After Tax | 5.9 | 4.39 | 1.51 | 34.39635535 |
| EBITDA | 9.45 | 6.64 | 2.81 | 42.31927711 |
| Net Worth | 12.48 | 6.57 | 5.91 | 89.9543379 |
| Reserves and Surplus | 12.47 | 6.52 | 5.95 | 91.25766871 |
| Total Borrowing | 14.59 | 10.98 | 3.61 | 32.87795993 |
Happy Square Outsourcing Services Ltd IPO | FAQs
Happy Square Outsourcing Services Ltd offers HR solutions to companies based in India and the US.
The tentative IPO listing date of Happy Square Outsourcing Services has been fixed as Thursday, 10 July 2025.
The bidding date for the Happy Square Outsourcing Services IPO is July 3, 2025, and it will continue until July 7, 2025.
The minimum IPO lot size for Happy Square Outsourcing Services is 1600 shares, for HNIs, it is 2 lots.
The IPO allotment is expected to be finalized on Tuesday, July 8, 2025.
The IPO face value is set at ₹10 per share.
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