Happiest Minds IPO to hit the market on 7th September and closes on 9th Setpember. The company is led by Ashok Soota. Happiest Minds Technologies is an IT services company based in Bangalore. They provide services in 3 categories - Digital Business Service (DBS), Product Engineering Service (PES) and Infrastructure and Management Security Service ( IMSS). The IPO worth Rs.702 crore with 42,290,091 equity shares face value of Rs.2. The price band is fixed at Rs.165-166 with market lot of 90 shares.
Check out Happiest Minds IPO dates, price band, and market lot details.
Equity Shares Outstanding Prior to the Issue: 10,78,62,479 Shares
Fresh Issue of 66,26,506 Shares at Rs.166: Rs.110.00 Crores
Offer for Sale of 3,56,63,585 Shares Rs.166: Rs.592.02 Crores
Equity Shares Outstanding After the Issue: 11,44,88,985 Shares
Categorywise Break up:
Anchor Investors: 1,90,30,541 Shares = Rs.315.91 Crores
QIB: 1,26,87,027 Shares - Rs.210.60 Crores
NII: 63,43,514 Shares - Rs.105.30 Crores
RII: 42,29,009 Shares - Rs.70.20 Crores (Lot size: 90 = 46,989 Forms)
Total Issue: 4,22,90,091 Shares - Rs.702.02 Crores
Subscription Required for 1X
RII: 46,989 Forms
NII: Rs.105.30 Crores
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Happiest Minds IPO Dates & Price Band
Happiest Minds IPO Market Lot:
| Lot Size: | Minimum 90 Shares & Maximum 1170 Shares |
| Minimum Amount: | Rs.14,940 |
| Maximum Amount: | Rs.1,94,220 |
Happiest Minds IPO Allotment & Listing:
| Basis of Allotment: | 14 September 2020 |
| Refunds: | 15 September 2020 |
| Credit to Demat Account: | 15 September 2020 |
| Listing Date: | 17 September 2020 |
Happiest Minds IPO Form:
How to apply the Happiest Minds IPO? You can apply Happiest Minds IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Happiest Minds IPO in the Invest section. The other option you can apply Happiest Minds IPO via IPO forms download via NSE and BSE. Check out the Happiest Minds forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.
Happiest Minds Financial:
| Rs. in Crore | |||||
| Revenue | Expense | PAT | |||
| 2016 | - | - | - | ||
| 2017 | - | - | - | ||
| 2018 | 489 | 512 | -25.2 | ||
| 2019 | 602 | 576 | 17.4 | ||
| 2020 | 714 | 629 | 60.5 | ||
Company Promoters:
- ASHOK SOOT
Happiest Minds IPO Registrar:
KFin Technologies Private Limited
Karvy Selenium Tower B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda
Hyderabad – 500032 India
Telephone: +91 40 6716 2222
Fax: +91 40 2343 1551
E-mail: happiestminds.ipo@kfintech.com
Website: www.kfintech.com
Investor grievance e-mail: einward.ris@kfintech.com
Contact Person: M Murali Krishna
SEBI Registration No.: INR00000022Note: Check Happiest Minds IPO allotment status on Linkintime website allotment URL. Click Here
Happiest Minds IPO Lead Managers:
- ICICI Securities Limited
- Nomura Financial Advisory and Securities (India) Private Limited
Company Address:
Happiest Minds Technologies Limited
#53/1-4, Hosur Main Road,
Madivala (Next to Madivala Police Station)
Bengaluru – 560 068
Karnataka, India
Contact Person: Praveen Kumar Darshankar
Company Secretary and Compliance Officer;
Telephone: +91 80 6196 0300 / +91 6196 0400
E-mail: investors@happiestminds.com
Website: www.happiestminds.com
Happiest Minds IPO FAQs:
When Happiest Minds IPO will open for Anchor Investors?
The Anchor Investors bidding is 03 Septmber 2020.
When Happiest Minds IPO will open for QIB, NII, and Retail?
The IPO to open on 07 Septmber 2020 for QIB, NII, and Retail Investors.
What is Happiest Minds IPO Investors Portion?
The investors' portion for QIB-75%, NII-15%, and Retail-10%.
How to Apply the Happiest Minds IPO?
You can apply Happiest Minds IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is Happiest Minds IPO Allotment Date?
Happiest Minds IPO allotment date is 14 September 2020. You can check IPO allotment here.
What is Happiest Minds IPO Listing Date?
Happiest Minds IPO listing date is 17 September 2020. The IPO to list on NSE and BSE.
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