Happy Square Outsourcing Services Launches IPO to Redefine HR Solutions
Happy Square Outsourcing Services Limited, a Jabalpur-based HR outsourcing firm, announces a ₹24.24 crore IPO on July 3, 2025. Shares will be listed on NSE Emerge, aiming to fund working capital and corporate expansion. The firm leverages proprietary technology platforms to enhance staffing solutions across several industries.
- Country:
- India
Happy Square Outsourcing Services Limited, headquartered in Jabalpur, Madhya Pradesh, is set to launch its Initial Public Offering (IPO) on July 3, 2025. The firm, a technology-driven human resource outsourcing service, is aiming to raise ₹24.24 crore, with shares to be listed on the NSE Emerge platform.
The IPO encompasses a fresh issue of 31,90,400 equity shares priced between ₹72 and ₹76. The distribution includes allocations for Qualified Institutional Buyers, Non-Institutional Investors, and Retail Individual Investors, with a designated market maker section as well. The net funds will be primarily utilized for working capital and general corporate purposes.
Poonam Rajpal, Managing Director of Happy Square, stated that this move into the capital markets aligns with the company's mission to innovate HR solutions. The company boasts advanced proprietary platforms like White Force Plus that streamline recruitment and payroll processes, enhancing operational efficiency for diverse industries including IT and logistics.
(With inputs from agencies.)
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