White Force IPO is set to open on July 3, 2025, and will close on July 7, 2025. It is a Book Built Issue through which the company aims to raise approximately ₹24.25 crores. This includes a fresh issue of ₹24.25 crores and an offer for sale of up to [.] equity shares, each with a face value of ₹10.

The IPO price band is fixed between ₹72 and ₹76 per share. The allocation of shares is divided as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). White Force is expected to list on the NSE on July 10, 2025, and the allotment date is scheduled for July 8, 2025.

In terms of financial performance, the company reported revenue of ₹97.68 crores in 2025, up from ₹69.54 crores in 2024. Net profit also rose to ₹5.90 crores in 2025 from ₹4.39 crores in the previous year. Based on these financials, the IPO appears to be a strong candidate for long-term investment.

About White Force IPO

Happy Square Outsourcing Services, founded in April 2017, is one of the growing companies involved in HR outsourcing, focusing on recruitment, payroll, onboarding, and flexible staffing. Based in Jabalpur, Happy Square is a technology-driven company that focuses on tech-based human resource outsourcing, offering complete end-to-end solutions. Having over 10 years of experience in the staffing industry, Shraddha Rajpal and Nalini Rajpal have an aim to create an integrated staffing company and play a key role in the growth and shaping the values of their company. Happy Square offers its products to the Indian and US markets, both helping the various needs of each region for staffing solutions. The company has 4225 personnel deployed at various locations for its clients as of July 31, 2024. Moreover, the company includes 151 department employees as of July 31, 2024.