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Happy Square Outsourcing Services: IPO, Share Price and Results Since Listing

Happy Square Outsourcing Services listed on NSE Emerge on 10 July 2025 after an IPO at INR 76 a share. On 11 November 2026 the shares closed at INR 32.50, 57.24% below the issue price. For H2 FY2026 it reported revenue of INR 65.84 crore and a profit after tax of INR 4.21 crore.

Key Facts

IPO dates
3 July 2025 to 7 July 2025
Issue price
INR 76
Issue size
INR 24.25 crore
Subscription
3.72 times
Lead manager
Corpwis Advisors Private Limited
Listing day
opened at INR 77 (+1.32%), closed at INR 80.85 (+6.38%)
Listed on NSE Emerge
10 July 2025
Symbol
WHITEFORCE
Latest close
INR 32.50 on 11 November 2026
Against issue price
-57.24%
Lot size now
1,600 shares (INR 52,000 at the latest close)

Results Filed With NSE

Standalone figures, INR crore. Change compares with the same period a year earlier.

PeriodRevenueChangeProfit after taxEPS (INR)Filed
H2 FY202665.84โ€“4.213.63after listing3 June 2026
FY2026109.17โ€“5.985.16after listing3 June 2026
H1 FY202643.33โ€“1.771.53after listing13 November 2025

Promoter Holding

Promoter holding has moved from 60.90% on 9 July 2025 to 60.90% on 30 September 2026 (0 percentage points).

As ofPromotersPublic
30 September 202660.90%39.10%
31 March 202660.90%39.10%
30 September 202560.90%39.10%
9 July 202560.90%39.10%

Anchor Lock-ins

Lock-inEnds
30 days7 August 2025
90 days6 October 2025

Next Board Meeting

13 November 2026: Financial results

Sources: NSE Emerge filings (results XBRL, shareholding pattern, board meetings), NSE daily price files, and IPO records. Prices are not adjusted for bonus issues or splits.