Happiest Minds Technologies Ltd IPO
MainboardIT - Software
Listed On: Sep 17, 2020 at ₹ 351.00
₹ 14940 /90 Shares
Check AllotmentPrice Summary
Last Closing
597.90 (260.18%)52 Week High
956.0052 Week Low
519.30Last Update
2-May-2025 3:30 PM07 Sep, 2020
Open Date09 Sep, 2020
Close Date15 Sep, 2020
Allotment Date17 Sep, 2020
Listing DateIssue Price
₹165 to ₹166 per equity shareFace Value
₹2 Per Equity ShareListing at Group
BSE, NSERegistrar
KFintech Private LimitedList Price
351.00Listing Date
2020-09-17Market Lot
90 Shares (₹14,940/-)Lead Manager
ICICI Securities Limited,Nomura Financial Advisory And Securities (India) Pvt Ltd
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)
Retail Portion
N/ASubscription
150.98 timesIPO Docs
RHP
The IPO of undefined is priced at ₹165 to ₹166 per equity share, which has a face value of ₹2 Per Equity Share each. The company shall list its equity shares on BSE, NSE. KFintech Private Limited is the registrar of the issue.
undefined IPO bid opening date is from Sep 7, 2020 and the bid closing date was Sep 9, 2020.
undefined IPO allotment result will be available on Sep 15, 2020. The tentative listing date for undefined is Sep 17, 2020.
The total issue size is 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).
IPO Subscription Details
| As on | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 12,687,028 | 6,343,513 | 4,229,009 | 23,259,550 |
| Day 1 - 07-09-20 5:30 PM | 0.08 x | 0.62 | 14.61 x | 2.87 x |
| Day 2 - 08-09-20 5:30 PM | 0.47 x | 3.96 | 38.85 x | 8.40 x |
| Day 3 - 09-09-20 05:30 PM | 77.43 x | 351.46 | 70.94 x | 150.98 x |
Valuations
Earnings Per Share (EPS)
₹4.12P/E Ratio
40.29RoNW
27.1%Net Asset Value (NAV) - Post Issue
₹23.7Company Financials All values are in ₹ Cr.
| 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
|---|---|---|---|
| Assets | 508.15 | 413.52 | 386.99 |
| Revenue | 714.23 | 601.81 | 489.12 |
| Profit After Tax | 71.71 | 14.21 | (22.47) |
- Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Net Worth | |
|---|---|---|---|---|
| Happiest Minds Technologies Limited | 7.00 | 40.29 | 27.10 | 714 Cr |
| TCS | 11.55 | 28.04 | 41.20 | 1,61,541 Cr |
| INFOSYS | 6.29 | 24.50 | 25.68 | 93,594 Cr |
| LTI | 8.26 | 27.54 | 29.98 | 11,208 Cr |
| MINDTREE | 6.22 | 26.14 | 23.79 | 7840 Cr |
- Promoter(s)
- Mr. Ashok Soota
IPO - Issue Objectives
- To meet long term working capital requirement
- General corporate purposes
IPO - FAQs
Ans. Happiest Minds Technologies Ltd IPO is a Mainboard IPO. The issue is priced at ₹165 to ₹166 per equity share. The minimum order quantity is 90 Shares. The IPO opens on Sep 7, 2020, and closes on Sep 9, 2020. KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Happiest Minds Technologies Ltd IPO opens on Sep 7, 2020 and closes on Sep 9, 2020.
Ans. The size of Happiest Minds Technologies Ltd IPO is 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).
Ans. The IPO price band is set between ₹165 to ₹166 per equity share.
Ans. To apply for Happiest Minds Technologies Ltd IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Happiest Minds Technologies Ltd IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Happiest Minds Technologies Ltd IPO is Sep 15, 2020.
Ans. The Happiest Minds Technologies Ltd IPO will be listed on Sep 17, 2020.
Ans. Follow the steps to check the allotment status for Happiest Minds Technologies Ltd IPO here.
