Happiest Minds IPO to hit the market on 07 September 2020 and closes on 09 September 2020. The things are looking positive for the Happiest Minds IPO. The subscription numbers will be on a higher side as the GMP looks good. The brokerage firms BP Equitas, Capital Market are positive about the IPO and gave Subscribe call. As per the market estimated the IPO might be subscribed over 450 times in HNI and over 30 times in retail. Let’s see how it will come up. Check
Happiest Minds IPO GMP day by day.
Latest Update: Happiest Minds Technologies trades at over 60% premium in grey market – Moneycontrol. Happiest Minds IPO subscribed 150.98x times, QIB 77.43x, HNI 351.46x and RII 70.94x times overall. In the Retail the IPO Subscribed 46.85X times as per the number of forms received at the exchanges.
Happiest Minds IPO Subscription Numbers
(Over Susbcribed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.08x | 0.47x | 77.43x |
| HNI | 0.62x | 3.96x | 351.46x |
| RII | 14.61x | 38.85x | 70.94x |
| EMP | N/A | N/A | N/A |
| Total | 2.87x | 8.40x | 150.98x |
Happiest Minds IPO Dates & Price Band
| IPO Open: | 07 September 2020
|
| IPO Close: | 09 September 2020
|
| IPO Size: | Approx ₹702 Crore (Approx) |
| Face Value: | ₹2 Per Equity Share |
| Price Band: | ₹165-₹167 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 10% |
| Equity: | 42,290,091 Shares |
Happiest Minds IPO Market Lot:
| Lot Size: | Minimum 90 Shares & Maximum 1170 Shares |
| Minimum Amount: | ₹14,940 |
| Maximum Amount: | ₹1,94,220 |
Happiest Minds IPO Allotment & Listing:
| Basis of Allotment: | 14 September 2020 |
| Refunds: | 15 September 2020 |
| Credit to Demat Account: | 15 September 2020 |
| Listing Date: | 17 September 2020 |
