Happiest Minds Technologies Ltd IPO Allotment Status (Check Online)

Happiest Minds Technologies Ltd IPO

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The Happiest Minds Technologies Ltd IPO allotment status has been announced on Sep 15, 2020. You can now check your allotment status online instantly using PAN, application number, or DP client ID on IPO Ji or the registrar website.

Check IPO allotment status by PAN, Application Number or DP ID.

₹14,940 (90 Shares)
Minimum Investment
IPO Dates
Sep 7, 2020 – Sep 9, 2020
Price band
₹165 - 166 per equity share
Minimum Investment
₹14,940
Issue size
42,290,091 Eq Shares of ₹2 (aggregating up to ₹702.02 Cr) #Fresh Issue: 6,626,506 Eq Shares of ₹2 (aggregating up to ₹110.00 Cr) #Offer for Sale : 35,663,585 Eq Shares of ₹2(aggregating up to ₹592.02 Cr)
Lot size
90
Allotment Date
Sep 15, 2020
Listing
Sep 17, 2020
Listing At
BSE, NSE

IPO timeline

  1. Sep 7, 2020

    Open Date

    Completed

  2. Sep 9, 2020

    Close Date

    Completed

  3. Sep 15, 2020

    Allotment Date

    Completed

  4. Sep 17, 2020

    Listing Date

    Completed

Price Summary

Last closing
357.95 (115.63%)
52 week high
674.85
52 week low
330.20
Last update

Happiest Minds Technologies Ltd IPO Details

Issue Price
₹165 to ₹166 per equity share
Face Value
₹2 Per Equity Share 
Lot Size
90
Listing At
BSE, NSE
Registrar
KFintech Private Limited
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Allotment Overview

The allotment for the initial public offer (IPO) of Happiest Minds Technologies Ltd IPO has been finalized on Sep 15, 2020 and is now available to check. Investors can check their allotment status on the issue's registrar Not Available website, IPO Ji app/website, as well as on the BSE and NSE websites.

Subscription Details

The Happiest Minds Technologies Ltd IPO was open for subscription between Sep 7, 2020 - Sep 9, 2020 at a price band in the range of ₹165 to ₹166 per equity share.

How to Check Happiest Minds Technologies Ltd IPO Allotment Status Online

You can check your IPO allotment status online on the website of the IPO registrar, IPO Ji App/Website, and BSE and NSE websites. You can check the allotment status of the Happiest Minds Technologies Ltd IPO if you have applied for it.

Steps to Check Happiest Minds Technologies Ltd IPO Allotment Status on IPO Ji App/Website:

1 Launch the IPO Ji app on your mobile device or visit ipoji.com
2 Navigate to the IPO Allotment Page directly from the home screen of the App or by clicking here (www.ipoji.com/ipo-allotment-status).
3 Create your free account by Providing your PAN and Demat details. (one-time process)
4 Choose Happiest Minds Technologies Ltd IPO from the list of available IPOs.
5 Click on the Check Status button.
6 Your allotment status will be displayed on the screen.

Allotment status on BSE and NSE

How to Check Happiest Minds Technologies Ltd IPO Allotment on BSE:
2 Choose Equity under the "Issue Type" dropdown.
3 Choose Happiest Minds Technologies Ltd IPO from the "Issue Name" dropdown.
4 Provide your Application Number and PAN ID.
5 Tick the 'I am not a robot' box.
6 Click on the "Search" button to view your status.
How to Check Happiest Minds Technologies Ltd IPO Allotment on NSE:
2 Select Happiest Minds Technologies Ltd IPO from the dropdown menu.
3 Enter your application number, PAN, and captcha
4 Click on "search" to see your allotment status.

Contact Information

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

Frequently Asked Questions

Click any question to reveal the answer

Happiest Minds Technologies Ltd IPO allotment status is finalised and available now as of Sep 15, 2020. You can check your allotment result on IPO Ji App and Website.

You can check the Happiest Minds Technologies Ltd IPO allotment status online using PAN, Application Number, or DP Client ID:

  • Open the Happiest Minds Technologies Ltd IPO allotment status page on IPO Ji.
  • Click Allotment Status.
  • Enter your PAN, Application Number, or DP Client ID.
  • Click Search to view your result.

Sample allotment result format:

  • PAN No.: ABCTY1234D
  • Application No.: 9876543210
  • Name: Rakesh J
  • Shares Applied: 50
  • Shares Allotted: 50

There is no fixed or guaranteed expected listing price for the Happiest Minds Technologies Ltd IPO. The listing price depends on overall market conditions, investor demand, and the company’s fundamentals. The grey market premium (GMP) can indicate market sentiment, but the actual listing price may be higher or lower than GMP expectations.

You can check the Happiest Minds Technologies Ltd IPO allotment status on IPO Ji and on the registrar’s official website (KFintech Private Limited) once the allotment is published.

The allotment is expected on Sep 15, 2020.

If the Happiest Minds Technologies Ltd IPO is oversubscribed in the retail category, shares are allotted to Retail Individual Investors (RII) as per the allotment rules. Typically, investors may receive a minimum of 1 lot, subject to availability in the retail portion. If there are not enough shares to allot at least 1 lot to everyone, a lottery is conducted to decide the allotment.

The Happiest Minds Technologies Ltd IPO listing date is Sep 17, 2020. The equity shares are expected to list on BSE, NSE.

Common reasons for not getting allotment in the Happiest Minds Technologies Ltd IPO include:

  • Oversubscription: If the retail category is oversubscribed, allotment is done through a lottery, so many valid applications may not get shares.
  • UPI mandate / payment issue: The UPI mandate was not approved in time, or funds were not blocked successfully.
  • Application issue: The application may be rejected due to incorrect or mismatched details (PAN, DP ID/Client ID), or duplicate applications from the same PAN.
  • Bid issue (Retail/RII): If you applied in the retail category and did not bid at the cut-off price, and your bid price was below the final issue price, your application may not be considered.

The registrar for the Happiest Minds Technologies Ltd IPO is KFintech Private Limited.

If you don’t receive allotment in the Happiest Minds Technologies Ltd IPO, the blocked amount (UPI mandate/ASBA) is usually released after the allotment is finalised. In most cases, it is unblocked within 24 hours, but it may take up to 1–2 working days depending on your bank.

If you are allotted shares, the required amount is debited from your bank account and the remaining balance (if any) is unblocked.