Happy Forgings files draft papers for IPO with Sebi, to raise Rs 500 crore via fresh issue

Promoter Paritosh Kumar Garg (HUF), and India Business Excellence Fund – III will cumulatively sell 8,054,910 shares in the offer for sale. Currently, promoter and group entities cumulatively hold 88.24% stake in the company. India Business Excellence Fund owns 11.76% stake

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