Happiest Minds IPO

Happiest Minds IPO - IPO details, Price Band, Listing day, IPO Subscription, Balancesheet, Open Date


Happiest Minds IPO subscription open Date is September 07, 2020 and close Date is September 09, 2020. Whereas, You can check Allotment on September 14, 2020.

Happiest Minds IPO Details

open Date07-Sep-2020
close Date09-Sep-2020
Minimum Quantity (Market Lot)90 Shares
Share Price165 – 166 Rs. Per Equity Share
Listing Date17-Sep-2020

Happiest Minds IPO Date

Opening Date07-Sep-2020
Closing Date09-Sep-2020
Allotment Finalisation14-Sep-2020
Refund (From ASBA Account)15-Sep-2020
Share Transfer To Demat Account15-Sep-2020
IPO Listing Date17-Sep-2020

Happiest Minds IPO Subscription Status

DateQIB (x)NII (x)Retail (x)Total (x)
07-Sep-20200.080.6214.612.87
08-Sep-20200.473.9638.858.4
09-Sep-202077.43351.4670.94150.98

On the last day of Happiest Minds IPO bidding, IPO get oversubscribed by 150.98 times.
QIB segment – 77.43x
NII segment – 351.46x
Retail segment – 70.94x

Happiest Minds IPO Listing Gains Details

IPO Listing Day DetailsNSEBSE
IPO Listing Date17-Sep-202017-Sep-2020
IPO Cutoff Price166 Rs. Per Equity Share166 Rs. Per Equity Share
IPO Listing Price350 Rs. 351 Rs.
Listing Gains (%)110.84%111.44%
Listing Gains / Per Equity Shares184 Rs.185 Rs.
Closing Price370.95 Rs.371.00 Rs.
Day High394.95 Rs.395.00 Rs.
Day Low350.00 Rs.351.00 Rs.

Happiest Minds Share

IPO Issue Size42,290,091 Shares
Fresh Issue6,626,506 Shares
Offer For Sale35,663,585 Shares
Exchange ListingNSE, BSE

Happiest Minds Limited Review

Company sectorCOMPUTERS – SOFTWARE
Promoters Name Mr. Ashok Soota
Promoter Shareholding Pattern (Pre Issue) 61.77 %
Promoter Shareholding Pattern (Post Issue) 53.25 %

Happiest Minds Balancesheet

Date30-Jun-2031-Mar-2031-Mar-1931-Mar-18
Total Assets / Equities & Liabilities5,730.85,081.54,135.23,869.9
Total Income1,869.97,142.36,018.14,891.2
Total Expense1,461.56,293.65,762.55,112.0
Restated Profit After tax (PAT)501.8717.1142.1-224.7

Happiest Minds Peers & Competitors

CompanyFace ValueEPS (Basic)EPS (Diluted)NAVP/E (x)RONW (%)
Happiest Minds27.045.3626.0[●]34.23
TCS186.1986.19225.926.118.04
Infosys538.9738.91154.824.326.09
LTI187.4586.61310.427.123.51
Mindtree1038.3538.33191.830.320.85
  • Market Values On IPO Opening Date | For the year ended March 31, 2020.

Happiest Minds IPO GMP (Grey Market Premium)

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