Happiest Minds Technologies Ltd IPO


IPO Subscription Details

  • Open Date 07 Sep
  • Close Date 09 Sep
  • Lot Size 90
  • IPO Size ₹ 702.02 Cr
  • IPO Price Range ₹ 166
  • Min Investment ₹ 14940

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.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Happiest Minds Technologies Ltd IPO

Contact Information


No.53/1-4 Hosur Main Road,
Bangaluru, Karnataka 560068

Happiest Minds Technologies Ltd IPO Lead Manager

ICICI Securities LtdNomura Financial Advisory & Sec. (India) Pvt Ltd