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Happiest Minds Technologies Limited
Company websiteThe company Happiest Minds Technologies Limited has filed papers to raise ₹4,22,90,091 crore through a public issue. The offering includes a fresh tranche of ₹66,26,506 crore and OFS of ₹0 crore.
Investors may apply between 07-09-2020 and 09-09-2020. Expected allotment is on 15-09-2020 and listing is aimed for 17-09-2020. This is a standard structure — fresh capital for growth, OFS for seller liquidity.
Start Date07-09-2020
End Date09-09-2020
Listing Date17-09-2020
Allotment Date15-09-2020
Current Price₹351
GMP₹0 (0.00%)
Lot Size90 Shares
Subscription0 Times
Face Value₹2 per share
Listing atNSE, BSE
Issue Price₹165 - ₹166
Pre Issue₹14,02,37,050
Post Issue₹14,68,63,556
Issue Size₹4,22,90,091
(aggregating up to 702.02 Cr)
(aggregating up to 702.02 Cr)
Fresh Issue₹66,26,506
(aggregating up to 110.00 Cr)
(aggregating up to 110.00 Cr)
Offer For Sale
(aggregating up to 592.02 Cr)
(aggregating up to 592.02 Cr)
The Grey Market Premium (GMP) for Happiest Minds Technologies Limited is currently around ₹0 (0.00%). This indicates an estimated listing price of approximately ₹165 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.
Gmp Details
| Last Updated | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
11 Apr 2025, 10:00 | ₹166 | ₹0 | ₹166 (0.00%) |
Financials overview in Lakhs
Here is a quick look at the recent financial performance of Happiest Minds Technologies Limited . The numbers below ( in Lakhs ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.
Subscription Demand (in ₹ Crore)
| Category | Offered | Demand | Times |
|---|---|---|---|
QIBs | ₹210.60 | 16306.38 | 77.43 |
RETAIL | ₹70.20 | 4980.23 | 70.94 |
Total | ₹280.80 | 21286.61 | 75.81 |
The IPO reservation for Happiest Minds Technologies Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.
IPO Reservation
| Category | Shares Offers | No. of Shares |
|---|---|---|
QIB | 75.00% | 3,17,17,569 |
HNI | 15.00% | 63,43,513 |
RETAIL | 10.00% | 42,29,009 |
TOTAL | 100.00% | 4,22,90,091 |
Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
Retail (Min) | 1 | 90 | ₹14,940 | |
sHNI | 14 | 1,260 | ₹2,09,160 | |
bHNI | 67 | 6,030 | ₹10,00,980 |
Below you can find the official contact details of Happiest Minds Technologies Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.
Company Details
Email: investors@happiestminds.com
Phone: +91 80 6196 0300
Website: http://www.happiestminds.com/
Address: 53/1-4, Hosur Main Road, Madivala (Next to Madivala Police Station), Bengaluru - 560 068
IPO Registrar
Name: Kfin Technologies Limited
Phone: 04067162222