Happiest Minds Technologies Limited
07 Sep 2020 – 09 Sep 2020
LISTED
Offer Price
₹165–166
Bid lot
90
Min Application
₹14,940
Issue Size
₹702 Cr
Key dates
Open date
07 Sep 2020
Done
Close date
09 Sep 2020
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
17 Sep 2020
Today
Issue reservation
₹702 CrQIB 50%Retail 35%
QIB
2.11 Cr sh · ₹351.00 Cr
Retail
1.48 Cr sh · ₹245.70 Cr
BRLM: ICICI Securities Limited · Nomura Financial Advisory and Securities (India) Private Limited
Lot ladder — how much to bid
1 lot = 90 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
90 sh · ₹14,940
Max · 13 lots
1,170 sh · ₹1,94,220
S-HNI · ₹2 L to ₹10 L14–66 lots
Min · 14 lots
1,260 sh · ₹2,09,160
Max · 66 lots
5,940 sh · ₹9,86,040
B-HNI · Above ₹10 L67+ lots
Min · 67 lots
6,030 sh · ₹10,00,980
Entry point
₹10,00,980 onward
Issue details
Lead managersICICI Securities Limited, Nomura Financial Advisory and Securities (India) Private Limited
Face value₹10
Listing onNSE
RegistrarKFin Technologies Private Limited
Live subscription
74.76×
0×1×2×3×+
Oversubscribed
Book₹596.70 Cr
Subscribed₹44,608 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 2,11,44,579₹351.00 Cr | 1,63,72,24,713₹27,178 Cr | 77.43× |
| HNI | 63,43,374₹105.30 Cr | 2,22,94,42,068₹37,009 Cr | 351.46× |
| Retail | 1,48,01,205₹245.70 Cr | 1,04,99,97,479₹17,430 Cr | 70.94× |
| Total | 3,59,45,784₹596.70 Cr | 2,68,72,22,192₹44,608 Cr | 74.76× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 27,177.93 |
| HNI | 37,008.74 |
| Retail | 17,429.96 |
| Total | 44,607.89 |
Amounts at the upper band (₹166). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Happiest Minds Technologies Limited IPO?
One lot of 90 shares — ₹14,940 at the upper price band of ₹166.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2020-09-17 on NSE.