Happy Square Outsourcing Services Announces IPO, Set to Revolutionize HR Industry

Happy Square Outsourcing Services Limited, a prominent technology-driven human resource outsourcing firm headquartered in Jabalpur, Madhya Pradesh, has announced plans for an initial public offering (IPO) on July 3, 2025, with the aim of raising ₹24.24 Crores. The shares will be listed on the NSE Emerge platform. This strategic move is expected to bolster the company's working capital and drive corporate expansion.

The IPO will see the issuance of 31,90,400 equity shares, priced at ₹72 - ₹76 each. The net proceeds will serve to enhance the firm's operational capabilities, ensuring timely salary payouts and supporting general corporate objectives, including product development. The public issue underscores Happy Square's commitment to redefining HR solutions by integrating technology with human resource services.

Happy Square's Managing Director, Ms. Poonam Rajpal, emphasized the company's vision to be a leader in innovative HR solutions. With proprietary platforms like White Force Plus and the White Force Payroll HRMS Portal, the firm aims to streamline HR operations and elevate productivity. The HR sector in India is undergoing a significant transformation, and Happy Square is well-placed to leverage these changes, offering scalable solutions across sectors like IT, logistics, and government services.

(With inputs from agencies.)