Happiest Minds Technologies Ltd IPO

Happiest Minds Technologies Ltd IPO is listed on BSE and NSE, priced at ₹165–₹166 per share. The stock debuted at ₹351, delivering a listing gain of 111.4%. The IPO had a lot size of ₹90 shares and a minimum investment of ₹14,940.

Happiest Minds Technologies Ltd IPO

Mainboard Listed
₹14,940 (90 Shares)
Minimum Investment
Check Allotment
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 Essentials

Happiest Minds Technologies Ltd IPO Details

Happiest Minds Technologies Ltd IPO is priced at ₹165 - 166 per share with a total issue size of 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). The IPO has a lot size of 90 shares and is listed on BSE and NSE.

Issue price
₹165 to ₹166 per equity share
Lot size
90 shares
Face value
₹2 Per Equity Share 
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)
Listing at
BSE, NSE
List price
351.00
Listing date
Registrar
KFintech Private Limited
Lead manager
ICICI Securities Limited,, Nomura Financial Advisory And Securities (India) Pvt Ltd

Happiest Minds Technologies Ltd IPO Details

  • Retail Portion N/A

Happiest Minds Technologies Ltd IPO Documents

Happiest Minds Technologies Ltd IPO Analytics

Happiest Minds Technologies Ltd IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Happiest Minds Technologies Ltd IPO Subscription Status

Happiest Minds Technologies Ltd IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

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
0.62x
14.61 x 2.87 x
Day 2 08-09-20 5:30 PM
0.47 x
3.96x
38.85 x 8.40 x
Day 3 09-09-20 05:30 PM
77.43 x
351.46x
70.94 x 150.98 x

Happiest Minds Technologies Ltd Valuations

Earnings

EPS (Post IPO)
₹4.12
P/E Ratio
40.29

Returns

RoNW
27.1%

Data sourced from DRHP / RHP • For educational purposes only

Happiest Minds Technologies Ltd Financials( In Crs.)

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)

Happiest Minds Technologies Ltd Company & Offer Insights

Happiest Minds Technologies Ltd IPO Issue Objectives

To meet long term working capital requirement
General corporate purposes

Happiest Minds Technologies Ltd IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
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

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Happiest Minds Technologies Ltd IPO is a book-built IPO worth ₹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). The price band is ₹165–₹166 per share. The IPO opens on Sep 7, 2020 and closes on Sep 9, 2020. It will be listed on BSE and NSE. KFintech Private Limited is the registrar.

The price band of Happiest Minds Technologies Ltd IPO is ₹165 to ₹166 per share.

The lot size of Happiest Minds Technologies Ltd IPO is 90 shares.

The minimum investment for Happiest Minds Technologies Ltd IPO is approximately ₹14,940 based on the upper price band .

Happiest Minds Technologies Ltd IPO opens on Sep 7, 2020 and closes on Sep 9, 2020.

The allotment date of Happiest Minds Technologies Ltd IPO is Sep 15, 2020.

Happiest Minds Technologies Ltd IPO is expected to be listed on Sep 17, 2020, on BSE and NSE .

Happiest Minds Technologies Ltd IPO listed on Sep 17, 2020. It was issued at ₹351.00 and is currently around ₹357.95 as on 14-May-2026 3:30 PM, which is approximately 115.6% versus issue price. The 52-week high is ₹674.85.

Based on listing and post-listing performance, Happiest Minds Technologies Ltd IPO delivered around 115.6% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Happiest Minds Technologies Ltd IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Happiest Minds Technologies Ltd IPO valuation snapshot: P/E 40.29, EPS ₹4.12, P/B N/A, RoNW 27.1%, and market cap N/A.

To apply for Happiest Minds Technologies Ltd IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Happiest Minds Technologies Ltd IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Happiest Minds Technologies Ltd IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Happiest Minds Technologies Ltd IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Happiest Minds Technologies Ltd IPO allotment status on IPO Ji for quick and easy access.