WHITEFORCE Lists with 5% Premium on NSE Emerge; Demand Locks Stock at Upper Circuit on Debut Day
By Shishta Dutta | Published at: Jul 10, 2025 11:15 AM IST
Mumbai, 10 July 2025: Happy Square Outsourcing Services Ltd, operating under the brand name WHITEFORCE, made a confident entry into the stock market today, listing at ₹80.85 on NSE Emerge, 5% above its issue price of ₹76. With overwhelming buy-side demand and no sell orders, the stock quickly surged to its upper circuit limit, reflecting high investor interest in the SME segment.
Opening Day Sees Surge in Price and Investor Demand
WHITEFORCE opened trading at ₹77 and touched its day’s high of ₹80.85 within minutes, marking the maximum gain permitted for the session. The company’s shares witnessed no sell-side pressure, further reinforcing strong market confidence in its growth outlook.
Listing Day Trade Snapshot (as on 10 July 2025, 10:03 IST)
| Metric | Value |
|---|---|
| Listing Price | ₹80.85 |
| Issue Price | ₹76.00 |
| Day’s Open | ₹77.00 |
| Day’s High | ₹80.85 |
| Day’s Low | ₹77.00 |
| Last Traded Price (LTP) | ₹80.85 |
| Volume Traded | 4.58 lakh shares |
| Traded Value | ₹3.58 crore |
| VWAP (Volume Weighted Avg) | ₹78.14 |
| Market Cap | ₹93.79 crore |
| Free Float Market Cap | Not disclosed |
Buy Orders Dominate the Order Book with No Sellers in Sight
| Bid Price (₹) | Quantity |
|---|---|
| 80.85 | 6,20,800 |
| 80.65 | 3,200 |
| 80.00 | 22,400 |
| 78.00 | 1,21,600 |
| 77.10 | 1,600 |
| Total Buy Qty | 8,72,000 |
The complete absence of sell orders highlights the bullish sentiment surrounding the stock on its debut.
Key Listing Details Confirm Active Trading and Market Interest
| Particulars | Details |
|---|---|
| Listing Date | July 10, 2025 |
| Platform | NSE Emerge (SME Segment) |
| Trading Status | Active |
| Security Code (INE) | INE0TLP01015 |
| Face Value | ₹10 per share |
| Tick Size | ₹0.05 |
| Applicable Margin | 100% |
Strong Listing Backed by Oversubscription and Retail Interest
The company’s strong debut follows a healthy oversubscription of 3.25x during its IPO, attracting participation from both Qualified Institutional Buyers (QIBs) and retail investors. With over ₹3.5 crore worth of shares traded in the first hour and no sell pressure visible, WHITEFORCE has positioned itself as a stock to watch in the SME space.
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