Happiest Minds Technologies Ltd IPO
IPO Details
- Open Date 07-Sep-20
- Close Date 09-Sep-20
- Lot Size 90
- IPO Size ₹ 702.02 Cr
- IPO Price Range ₹ 166
- Min Investment ₹ 14940
- Listing Exchange -
- Basis of Allotment TBA
- Refunds TBA
- Credit to Demat Account TBA
- Listing Date TBA
IPO Synopsis
Initial public offering of 42,290,091 equity shares of face value of Rs. 2 each (Equity Shares) of Happiest Minds Technologies Limited (Company or Issuer) for cash at a price of Rs. 166 per equity share, including a premium of Rs. 164 per equity share, (The Offer Price) aggregating to Rs. 702.02 crores, comprising of a fresh issue of 6,626,506 equity shares aggregating to Rs. 110.00 crores by the company (Fresh Issue) and an offer for sale of 8,414,223 equity shares by Ashok Soota (The Promoter Selling Shareholder), and 27,249,362 equity shares by CMDB II (The Investor Selling Shareholder, together with the promoter selling shareholder, The Selling Shareholders), aggregating to 35,663,585 equity shares (Offered Shares) and aggregating to Rs. 592.02 crores (The Offer for Sale and together with the fresh issue, The Offer). The offer shall constitute 28.80% of the post-offer paid up equity share capital of the company.
Happiest Minds Technologies Ltd Financial Status
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Contact Details of Happiest Minds Technologies Ltd IPO
Contact Information
No.53/1-4 Hosur Main Road,
Madivala,
Bangaluru, Karnataka 560068
Happiest Minds Technologies Ltd IPO Lead Manager
ICICI Securities LtdNomura Financial Advisory & Sec. (India) Pvt Ltd
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