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Happiest Minds IPO was a book built issue of Rs 702.02 crores that opened on September 7, 2020 and listed on September 17, 2020. The issue offered 42.29 lakh shares with a price band of Rs 165 to Rs 166 per share.
- Subscription
Happiest Minds IPO is a public issue of 23,259,550 equity...
- Subscription
Sep 17, 2020 · IT solution services provider Happiest Minds Technologies debuted on the bourses at a bumper premium of 111.4 percent over its IPO price on September 17, 2020. The company raised Rs 702 crore via its public issue and has a strong focus on digital business and agile delivery methodology.
Sep 8, 2020 · The IPO of Happiest Minds Technologies, which has drawn strong response from investors, was 77.51 times subscribed as of 4 pm today. Happiest Minds IPO opened on Monday and will close today....
- Public Issue. The IPO comprises a fresh issue of Rs 110 crore and an offer for sale aggregating up to 3,56,63,585 equity shares by promoter and investor.
- Price Band. The company in consultation with merchant bankers has fixed its issue price band at Rs 165 to Rs 166 per equity share.
- Public Issue Size. Happiest Minds plans to raise Rs 702 crore via initial public offering, at higher end of price band mentioned above.
- Objectives of The Offer. The company proposed to utilise the net proceeds from the fresh issue towards long term working capital requirement and general corporate purposes.
Sep 9, 2020 · September 13, 2020 / 01:03 PM IST. The Rs 702-crore initial public offering of Happiest Minds Technologies has received stellar response from all investors. The issue has subscribed 150.98 times...
Sep 4, 2020 · Happiest Minds Technologies’ initial public offer (IPO) to raise up to Rs 702 crore will open on September 7. The price band of the issue has been fixed at Rs 165-166 per share. Happiest Minds is seeing growth revive in education, healthcare and information security solutions as global customers step up technology investments to keep pace ...
Happiest Minds IPO is a public issue of 23,259,550 equity shares. The issue offers 4,229,009 shares to retail investors, 12,687,028 shares to qualified institutional buyers, and 6,343,513 shares to non-institutional investors.
