Exchanges
BSE, NSE
Industry
Computers - Software & Consulting
Issue
Book building

Happiest Minds Technologies IPO

₹370.95

+123.46% on listing

Listing-day close · NSE · 17 Sep 2020 · issue price ₹166

Happiest Minds Technologies’ ₹702 crore IPO was priced at ₹166 a share. It listed on the NSE on 17 Sep 2020 and closed its first day at ₹370.95, up 123.46% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹702 Cr
Fresh issue
₹110 Cr
Offer for sale
₹592 Cr
Lot size
90 shares
Minimum investment
₹14,940
Face value
₹2
Registrar
Kfin Technologies

Subscription

Happiest Minds Technologies IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—82.26×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹2,438 Cr
Promoter holding
61.77% → 53.25%

From the offer documents.

Listing

Listing date
17 Sep 2020
Issue price
₹166
Open
₹350.00
High
₹394.95
Low
₹350.00
Close
₹370.95

Listing day on the NSE. The close was +123.46% on the issue price.

HAPPSTMNDS share price today

FAQs

When did the Happiest Minds Technologies IPO open and close?

It opened on 7 Sep 2020 and closed on 9 Sep 2020.

What was the Happiest Minds Technologies IPO price?

The price band was ₹165–166 a share. The final issue price was ₹166.

What is the lot size and minimum investment?

One lot is 90 shares, ₹14,940 at ₹166 a share. Retail investors apply in whole lots.

How much did Happiest Minds Technologies raise?

₹702 crore: ₹110 crore of new shares and ₹592 crore offered by existing shareholders.

How many times was the Happiest Minds Technologies IPO subscribed?

82.26 times overall.

How did Happiest Minds Technologies list?

It listed on the NSE on 17 Sep 2020 at ₹350.00 and closed the day at ₹370.95, up 123.46% on the ₹166 issue price.

Who is the registrar of the Happiest Minds Technologies IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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