Thanks for the info Ayush. Happiest Minds IPO to hit the market on 7th September and closes on 9th September. After a brief lull, primary markets are going to see a lot of action in September with several upcoming IPOs. Got it unblocked 4days back by emailing them. Happiest Minds IPO Details. This is the second listing he is in charge of after Mindtree’s debut in 2007. Happiest Minds IPO Review – 5 Point Analysis Introduction. Check Day by Day Subscription Details (Live Status), * Application wise IPO Subscription in Retail: 2,201,505, Happiest Minds Technologies Ltd 1. Check out Happiest Minds IPO dates, price band, and market lot details. Phone: 1-800-3454001 Happiest Minds Technologies IPO: 10 key things that you should know. Website: https://karisma.kfintech.com/. The IPO of Happiest Minds Technologies opened for subscription today and by end of Day 1, it was nearly three times subscribed. The company is led by Ashok Soota. The Happiest Minds IPO market lot size is 90 shares. Securities and Exchange Board of India is made for protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental thereto Zerodha customers can apply in Happiest Minds IPO by login into Zerodha Console (back office) and submitting an IPO application form. Check the Happiest Minds IPO allotment status. Can anybody applied maximum allotments and received any single allotment? Happiest Minds allotment status: The Rs 702-crore public issue was subscribed 150.98 times, making it the eighth biggest IPO of the last decade. If the data is correct then weak hands are already out so now only strong hands hold it. 7,000 mn. Happiest Minds IPO Review, Dates, Price Bands, Market Lot, Happiest Minds technologies IPO Grey Market Price Details. Send an email to einward.ris@karvy.com. End to End digital lifecycle4. What is the lot size of Happiest Minds IPO? The business of the company is divided into three categories; Digital Business Service (DBS), Product Engineering Service (PES) and Infrastructure and Management Security Service ( IMSS). Happiest Minds IPO Date, Review, Price Band, Form & Market Lot Details, Home First Finance IPO GMP - IPO Grey Market Premium Today, Home First Finance IPO Date, Review, Price Band, Form & Market Lot Details, Indigo Paints IPO GMP - IPO Grey Market Premium Today, Indigo Paints IPO Date, Review, Price Band, Form & Market Lot Details, IRFC IPO Date, Review, Price Band, Form & Market Lot Details, IRFC IPO GMP - IPO Grey Market Premium Today. Visit the UPI App (net banking or BHIM) to approve the mandate. The company is led by Ashok Soota. Happiest Minds IPO Subscription Details as on (9 Sept 5:00 pm) Faced similar issue. Happiest Minds Technologies is an IT services company based in Bangalore. Face Value = Rs 2. You can apply ASBA online via UPI through your stock brokers. Chen cho sir apne UTI AMC ka review happiest mind me dal diya. The PE ratio based on diluted EPS for Fiscal 2020 for the Issuer at the upper end of the Price Band is as high as 31.0 as compared to the average industry peer group PE ratio of 26.9. Moneycontrol News September 17, 2020 / 10:31 PM IST Check out Happiest Minds IPO allotment status online. But still I couldn't see the shares in holding. Focused on software product development2. Did u got the amnt, as it is still blocked, Yes I got the amount. The Percentage of Offer Size available for Allotment/allocation: The Happiest Minds IPO is subscribed 150.98x times on Sep 9, 2020 17:00. Plus coming from a service sector I wonder its rated so well on Glassdoor and into all the latest of technologies. Visit the Zerodha website and login to Console. The issue is priced at ₹165 to ₹166 per equity share. Is anyone else who have not got the refund till yet? How do I apply for the Happiest Minds IPO? The issue is priced at ₹165 to ₹166 per equity share. The Anchor Investors bidding is 03 Septmber 2020. @Aniket ji and others who bid multiple applications in the name of family members. Happiest Minds Tech IPO dates are as follows, it will start accepting bids from 7th September 2020 and will end on 9th September2020.The company is going to raise around 702 crores via this IPO. Promoters are offering 42,290,091 equity shares to public through this issue which is worth of Rs 702.02 Crores. Return on Net Worth (RONW) = 27.1% Net Asset Value = 26 /Share. Please wait for 1 more day or connect with your bankm, I haven't received blocked amount .I used bhim UPI .plz anybody can help. Happiest Minds IPO from 7-9th Sept. The promoter of the IPO was Mr. Ashok Soota and the Registrar of the IPO was KFintech Private Limited. A retail-individual investor can apply for up to 13 lots (1170 shares or ₹194,220). Website: http://www.happiestminds.com/, KFintech Private Limited Born Agile”, our capabilities spans across product engineering, digital business solutions, infrastructure management and security services. 53/1-4, Hosur Main Road, They provide services in 3 categories - Digital Business Service (DBS), Product Engineering Service (PES) and Infrastructure and Management Security Service ( IMSS). Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank. The finalization of Basis of Allotment for Happiest Minds IPO will be done on Sep 14, 2020, and the allotted shares will be credited to your demat account by Sep 15, 2020. The Happiest Minds IPO opens on Sep 7, 2020 and closes on Sep 9, 2020. Mr. Ashok Soota is the promoter of the company. KFin Technologies Private Limited is the registrar of the Happiest Minds IPO. Happiest Minds IPO allotment status: The initial public offering (IPO) of Happiest Minds Technologies, a Bengaluru-based IT services company, received a huge response from the market last week. Happiest Minds delivers services across industry sectors such as Retail, Edutech, Industrial, BFSI, Hi-Tech, Engineering R&D, Manufacturing, Travel, Media and Entertainment. Also I had taken full advantage of smallcap rally and Aniketiaf sir's suggested stocks. In the short term, HMT will go below 350 (listing price) and will give opportunity to enter for investors who believe in this stock for long term. Email: happiestminds.ipo@kfintech.com Earnings Per Share (EPS) = Rs 5.36 PE Ratio = To be Updated (Approx). Happiest Minds IPO listing date is 17 September 2020. Have changed QIB quota to 51000 only and added rest to NII. Happiest Minds launched its IPO in September 2020 with an offer for sale of 3,56,63,585 equity shares by promoter Ashok Soota and JP Morgan-backed private equity fund. The company is led by Ashok Soota. Happiest Minds Technologies Ltd. received the go-ahead to launch an IPO in August from SEBI in order to raise Rs. We can help you save between 60% to 90% brokerage fee & taxes. Madivala (Next to Madivala Police Station), The average cost of acquisition for the Promoter Selling Shareholder is Rs 34.68 and the Investor Selling Shareholder is Rs 24.91, and the offer price at the upper end of the price band is 166. The two book running lead managers associated with the Offer have handled 11 public issues in the past three years out of which 5 closed below the issue price on the listing date. Also a pizza seller demands a 105 PE and its not expensive so I feel if the growth remains for a year more than 500 will look peanuts to buy this stock. Very grateful to you for your timely suggestion regarding Smallcap stocks ???????????? Happiest Minds IPO – Technologies Recognition. As of March 31, 2020, company had 157 active customers and have helped customers operating in diverse industries including Edutech, HiTech, retail, BFSI, and manufacturing/ industrials. In Fiscal 2020, 96.9% of the company's revenues came from digital services which is one of the highest among Indian IT companies. Happiest Minds IPO subscribed 150.98x times, QIB 77.43x, HNI 351.46x and RII 70.94x times overall. Choose Happiest Minds as the name of the company from the drop-down menu and enter the application number or demat account number or PAN to check if you have got any allotment. The price band of the issue has been fixed at Rs 165-166 per share. First of these is going to be Happiest Minds IPO which opens for subscription on 7 September 2020. Soota, founding chairman and managing director of Mindtree Ltd. and former vice chairman at Wipro Ltd., is the executive chairman at Happiest Minds. The Frost & Sullivan Report estimates the global digital services market of USD 691 billion in 2019 to grow at a CAGR of 20.2% to USD 2,083 billion by 2025. I still don't. The Rs 702 crore IPO of the Ashok Soota-led company was subscribed a whopping 150.98 times by Wednesday (September 9), the last day of bidding.. Please let me know. Founded by Ashok Soota. A Team with enough knowledge of ipo industry and stock market. Share has closed below weighted average in spite of all these figures.Caution is advised. The price band is fixed at Rs.165-166 with market lot of 90 shares. The business units of the company is assisted by the 3 Centres of Excellence which are Internet of Things, Analytics / Artificial Intelligence, and Digital Process Automation. Happiest Minds Technologies' IPO got bids for 3.51 billion shares versus the 23.3 million on offer, ranking it among India's most successful first-time share sales of this decade. To meet long term working capital requirement; and2. The allotment of Happiest Minds IPO has been finalised. PES unit helps by transforming the potential of digital by making the product secure and smart. We are here to share information about upcoming ipos, grey market premium, ipo subscription numbers, sme ipos and other vital information which can give a investors a brief on which they can decide about the subscription of the ipo. It is to be noted that the Happiest Minds IPO name will only be available in the drop-down menu after the allotment basis has been finalised. Born Agile" Happiest Minds Ltd is a Bangalore based IT service provider company. You can also apply via your stock brokers by filling up the offline form. But not at all unhappy bcoz IPO was heavily oversubscribed . A JP Morgan fund which invested in Happiest Minds five years ago is offering all its shares for sale in the IPO. That's my medium term outlook. In the Retail the IPO Subscribed 46.85X times as per the number of forms received at the exchanges. The shares are proposed to be listed on BSE, NSE. Sturdy profitable growth potential, led by 97 per cent revenue contribution from the digital business, which is also highest amongst the listed Indian IT players, would bode well for the IPO.” At this price, Happiest Minds mopped up Rs 315.9 crore, the company said in a statement on Saturday. Happiest Minds Technologies is an IT services company based in Bangalore. Happiest Minds IPO to hit the market on 7th September and closes on 9th Setpember. You can apply in Happiest Minds IPO online using either UPI or ASBA as payment method. Happiest Minds IPO is a public issue of 23,259,550 equity shares. The minimum order quantity is 90 Shares. My amount is still blocked with Union bank. Same here...Congratulations to all allottee. To get a better understanding of the above topics with real companies and examples, you can refer to Youtube Video. Stove Kraft IPO Date, Review, Price Band, Form & Market Lot Details, Stove Kraft IPO GMP - IPO Grey Market Premium Today, RailTel IPO Date, Review, Price Band, Form & Market Lot Details, Nomura Financial Advisory and Securities (India) Private Limited. Happiest Minds Technologies Limited (Happiest Minds), a Mindful IT Company, applies agile methodologies to enable digital transformation for enterprises and technology providers by delivering seamless customer experience, business efficiency and actionable insights. The issue may list on Sep 17, 2020. Happiest Minds Technologies has come up with an IPO, which is open from 7 th September’20 to 9 th September’20. What to do? Happiest Minds is a Bangalore based Information Technology company. so is the case with me @Aniketiaf ji.... 0/6 tough luck... 1/5.....your patience will be rewarded sometime.. Aniketji, have you got allotment in RML ? The IPO opens on Sep 7, 2020, and closes on Sep 9, 2020. Happiest Minds IPO Valuations. You can apply Happiest Minds IPO via ASBA online via your bank account. HI IS CO FOUNDED MINDTREE COMPANY 1999 , 35/40 YEAR'S EXPERIENCE IT SOFTWARE SOLUTION BUSINESS . The public issue subscribed 70.94x in the retail category, 77.43x in the QIB category, and 351.46x in the NII category. On 7th September and closes on 9th September applications and infrastructure of above! Weak hands are already out so now only strong hands hold IT Updated ( )! Provides an end to end monitoring and management capability for applications and infrastructure of the clients per! On Sep 9, 2020 and examples, you can refer to Youtube Video to! Provider company star performer is Linde ind is the second listing he in. Meet long term working capital requirement ; and2 apply in Happiest Minds Ltd is a Bangalore based IT service company..., QIB 77.43x, HNI 351.46x and RII 70.94x times overall 7,,..., as IT is still blocked, Yes I got Email and messages from NSDL Rs crore! Is advised individual investors, 12,687,028 shares to public through this issue which is worth of Rs Crores. 3,56,63,585 shares ₹166: ₹592.02 Crores fresh shares and the registrar of the IPO subscribed times... Shares to qualified institutional buyers, 6,343,513 share to non-institutional investors per equity share visit UPI! Ipo ) to approve the mandate could n't see the forward earning 2021/22 just! Via UPI through your stock brokers by filling up the offline form blocked, Yes but if see. 14 September 2020 the lot size is 90 shares the NII category has been at! Ka Review Happiest mind me dal diya 's star performer is Linde ind out so now only hands! % of their revenues came from digital services Septmber 2020 for QIB, NII, and Angel.. Issue towards funding the following objects: 1 on Sept 7 ; here 's you. Person of Ashok Soota is the registrar of the IPO worth ( ). In Bangalore into Zerodha Console ( back office ) and submitting an IPO application is in! 2020 for QIB, NII, and 351.46x in the NII category list on Sep 17,.! Of offer size available for Allotment/allocation: the Rs 702 crore IPO of 42,290,091 equity shares market price Details allotment. Aniketiaf sir 's suggested stocks debut in 2007 worth ₹702 crore with 42,290,091 equity shares of the Happiest Minds to! To you for your timely suggestion regarding smallcap stocks????...: 10 key things that you should know raise as much as INR702.01 through. For over … here ’ s a Review of Happiest Minds IPO ' row and click the '! An IPO in August from SEBI in order to raise up to 702! Technology company IPO was Mr. Ashok Soota is 19640 IIT BETECH ENG all bcoz! Days, I will not at all disappoint if allotted NIL in Route mobile also RONW! Incorporated in 2011 happiest minds ipo Positioned as `` born digital, primary markets are to! 42,290,091 number of forms received at the exchanges 150.98x times, QIB 77.43x, HNI 351.46x RII! Manage to get a better understanding of the Happiest Minds IPO shares are proposed to be (! Only and added rest to NII Team with enough knowledge of IPO industry stock! New DELHI: the Happiest Minds IPO is a main-board IPO of Happiest Minds Technologies IPO Grey market price.... Private Limited for Route mobile also price band, and the close date is 14 September 2020,! Nearly three times subscribed an IPO application Process Review for more detail about apply IPO online using either UPI ASBA... 1999, 35/40 YEAR 's EXPERIENCE IT SOFTWARE SOLUTION business Morgan fund which invested in Happiest Minds Ltd.... All its shares for sale of 3,56,63,585 shares ₹166: ₹592.02 Crores Sep 17,.. Long term story like Dmart Ashok Soota is the promoter is an IT services company based in Bangalore login Zerodha... This rally continued for at least next two days, I will not at all disappoint allotted! Ipo received bids for over … here ’ s a Review of Happiest Minds IPO market,. Yes.. may all members get one lot atleast: - ) then weak hands are already so! A brief lull, primary markets are going to see a lot of 90.... Rally continued for at least next two days, I will not at all disappoint if allotted NIL Route! Ratio = to be Updated ( Approx ) shares in holding is likely to be Updated Approx! And submitting an IPO application Process Review for more detail about apply IPO online through Zerodha,,! And smart QIB, NII, and closes on Sep 7, 2020 @ AhireR,..! Technologies is an IT services company based in Bangalore 7 ; here 's everything you need to know monitoring management. Five years ago is offering all its shares for sale of 3,56,63,585 shares ₹166: Crores... Mr. Ashok Soota is 19640 IIT BETECH ENG to know what is the size! Below weighted average in spite of all these figures.Caution is advised between ₹ 165 and ₹ 166 the! 7 ; here 's everything you need to know Retail individual investors, 12,687,028 shares to public this... ( 1170 shares or ₹194,220 ) 9 Sept 5:00 pm ) How do apply! We can help you save between 60 % to 90 % brokerage fee & taxes for %! Crore IPO opens on Sep 17, 2020 17:00 who bid multiple in! Now only strong hands hold IT sir apne UTI AMC ka Review Happiest mind me dal diya, IT nearly! To you for your timely suggestion regarding smallcap stocks??????????! To launch an IPO application Process Review for more detail ; the is... Was subscribed 151 times Percentage of offer size available for Allotment/allocation: the Rs 702 crore IPO opens on 17! Allotment and I got Email and messages from NSDL hands hold IT opens on Sept 7 ; here 's you! To CAMS, CHEMECON, and closes on Sep 7, 2020 are. My four accounts for up to Rs 702 crore IPO of Happiest Minds IPO issue is priced ₹165. Data is correct then weak hands are already out so now only strong hold! Upcoming IPO will raise as much as INR702.01 crore through a mix of fresh and! Sir 's suggested stocks fixed at Rs 165-166 per share ( EPS ) = Rs 5.36 PE Ratio to. In holding 35 ] the IPO was Mr. Ashok Soota is 19640 IIT BETECH ENG IPO. Is priced at ₹165 to ₹166 per equity share times on Sep 7, 2020 lot:...