HAPPIEST MINDS IPO

Happiest Minds Technologies Ltd
Rs 165 to Rs 166
From to

About Company Happiest Minds Technologies Ltd permalink

Happiest Minds Technologies Ltd was established in 2011 . Currently, it is having head office in Karnataka. HAPPIEST MINDS works in the sector of Company works in computer sector. . HAPPIEST MINDS has experience of 9 years experienced Company. .

Company works in IT and software services related digital services. It's full demand across countries. Companies may have longstanding or well-established relationships with customers. So well possibility to stand in market.

Company's last year annual revenue is Rs.714 Cr. Company's last year net profit is Rs.60.5 Cr. Happiest Minds Technologies company's promoter is Mr. Ashok Soota.

  • Email : happiestminds.ipo@kfintech.com
  • Website : Website: https://karisma.kfintech.com/
  • Phone : +91 80 6196 0300

HAPPIEST MINDS IPO Details permalink

HAPPIEST MINDS IPO issue open date is 7th September 2020 and close date is 9th September 2020 . The face value for Happiest Minds Technologies Ltd IPO is Rs 2 per equity share. The total IPO size is approx Rs Rs 702.02 Crores crore.

The price band for HAPPIEST MINDS is Rs 165 to Rs 166. The lot size for HAPPIEST MINDS IPO is a minimum of 90 shares to maximum 1170 shares. This IPO will be listed on BSE and NSE. HAPPIEST MINDS IPO total equity is 42290091 shares.

HAPPIEST MINDS IPO Date and Price Band permalink

HAPPIEST MINDS IPO Date and Price Band
IPO Open:7th September 2020
IPO Close:9th September 2020
Price Band:Rs 165 to Rs 166
Face Value:Rs 2 per equity share
IPO Size:Rs Rs 702.02 Crores crore
Listing on:BSE and NSE
Retail Portion:18.18%
Equity (Issue Size):42290091 Shares

HAPPIEST MINDS IPO Market Lot and Investment Amount permalink

To invest in Happiest Minds Technologies Ltd's initial public offering starting from 7th September 2020 you need to invest minimum Rs 14850, however you can also invest up to Rs 194220, considering the upper price of IPO Rs 166 and maximum allottable shares (1170 shares). To apply for the maximum number of share you need to bid for 13 lots, one lot is having 90 shares.

HAPPIEST MINDS IPO Market Lot and Investment Amount
Minimum Lot Size:90 shares (1 Lot)
Maximum Lot Size:1170 shares (13 lots)
Minimum Investment:Rs 14850
Maximum Investment:Rs 193050

HAPPIEST MINDS IPO Subscription Status permalink

HAPPIEST MINDS IPO was subscribed only 151 times times. Which is considered as a poor subscription compared to other IPOs. Qualified Institutional Buyers (QIBs) like banks, mutual funds and other registered financial institutes were reserved for 12687028 shares and received bids for 982356577 shares which is 77.43 times of total meant for QIB category.

Happiest Minds Technologies Ltd's IPO was subscribed 300% on the first day.

Non Institutional Investors (NII) includes individuals , companies trusts who bid for more than 2 lakhs. The total number of shares reserved for NII investors were 6343513 and bid for 2229491078 shares received . Bid from NII for Happiest Minds Technologies Ltd's IPO is 351.46 times of total meant for NII category.

Retail Individual Investors (RIIs) includes individuals investors who can apply up to Rs 2,00,000 in IPO . The total number of shares reserved for RII investors were 4229009 and bid for 300005898 shares received . Bid from RII for HAPPIEST MINDS's IPO is 70.94 times of total meant for RII category.

The total number of shares offered were 23259550 and bid for 3511726859 shares received .

HAPPIEST MINDS IPO Subscription Status
Qualified Institutional Buyers (QIBs)
Shares Allotted:12687028 shares
Shares Bid Received:982356577 shares
Over Subscription in QIB:77.43 times
Non Institutional Investors (NIIs)
Shares Allotted:6343513 shares
Shares Bid Received:2229491078 shares
Over Subscription in NII:351.46 times
Retail Individual Investors (RIIs)
Shares Allotted:4229009 shares
Shares Bid Received:300005898 shares
Over Subscription in RII:70.94 times
Total
Total Shares Allotted:23259550 shares
Total Shares Bid Received:3511726859 shares
Over Subscription Total:151 times times

HAPPIEST MINDS IPO Allotment and Listing permalink

HAPPIEST MINDS IPO got listed on . HAPPIEST MINDS IPO listed with 111.45% Premium on NSE (HAPPSTMNDS) at Rs 350 and BSE (543227) at Rs 351. The allotment ratio for the HAPPIEST MINDS IPO remains at 2821.

HAPPIEST MINDS IPO Allotment and Listing
Listing Date:
Issue Price:Rs 166
BSE Listing Price:Rs 351
NSE Listing Price:Rs 350
Return (In Rupees):Rs 185
Return (In Percentage):111.45%
Sector :General
BSE Group :B
BSE Code:543227
NSE Code:HAPPSTMNDS
ISIN :INE419U01012

HAPPIEST MINDS IPO FAQ permalink

Frequently Asked Questions related to the HAPPIEST MINDS IPO

When HAPPIEST MINDS IPO is expected? permalink

HAPPIEST MINDS IPO is not publised yet, it may be available in September 2020

What is HAPPIEST MINDS IPO? permalink

HAPPIEST MINDS initial public offering of 42290091 equity shares of the face value of Rs 2 aggregating up to ₹ Rs 702.02 Crores Crores. HAPPIEST MINDS IPO issue open date is 7th September 2020 and close date is 9th September 2020 .

When HAPPIEST MINDS IPO will open and close? permalink

HAPPIEST MINDS IPO issue open date is 7th September 2020 and close date is 9th September 2020 .

What is the lot size of HAPPIEST MINDS IPO? permalink

The lot size for HAPPIEST MINDS IPO is 90 shares.

What is the price band of HAPPIEST MINDS IPO? permalink

The price band for HAPPIEST MINDS is Rs 165 to Rs 166.

What is the minimum investment amount for HAPPIEST MINDS IPO? permalink

The minimum investment amount for HAPPIEST MINDS IPO is Rs 14850.

What is the HAPPIEST MINDS IPO investors portion? permalink

For retail investors (RII) 18.18% is allotted for investment. For NII 27.27% and QIB 54.55% is allotted.

What is the HAPPIEST MINDS IPO listing date? permalink

HAPPIEST MINDS IPO listing date is 20th September 2020.

What is HAPPIEST MINDS IPO subscription on the first day? permalink

HAPPIEST MINDS IPO subscribed 300 % on the first day.

What is HAPPIEST MINDS IPO subscription? permalink

HAPPIEST MINDS IPO was subscribed only 151 times times.

What is HAPPIEST MINDS IPO listing date? permalink

HAPPIEST MINDS IPO listing date is 20th September 2020.

What is HAPPIEST MINDS IPO listing price? permalink

HAPPIEST MINDS IPO listing price is 351.

What is HAPPIEST MINDS IPO return? permalink

HAPPIEST MINDS IPO listing price is 351 and issue price was Rs 166. Return from HAPPIEST MINDS IPO is Rs 185 per equity share which is 111.45% .

What is BSE code for HAPPIEST MINDS? permalink

HAPPIEST MINDS BSE code is 543227.