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Happiest Minds Technologies Ltd IPO Message Board (Page 1)

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766. Re.analist |   Link |  Bookmark | October 8, 2020 9:46:16 PM
Chair person of Ashok soota is 19640 IIT BETECH ENG . HI IS CO FOUNDED MINDTREE COMPANY 1999 , 35/40 YEAR'S EXPERIENCE IT SOFTWARE SOLUTION BUSINESS .
I THINK GOOD COMPANY OF HAPPIEST MIND FOR LONG TIME ????????????
Success full manage 2 company in past .
765. Saravanan |   Link |  Bookmark | October 8, 2020 12:44:27 PM
how to check allotment status
764. rsk |   Link |  Bookmark | October 2, 2020 9:23:00 AM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Have changed QIB quota to 51000 only and added rest to NII.
763. alekh |   Link |  Bookmark | October 2, 2020 3:12:12 AM
Anyone who still haven't received back payments of Happiest mind ipo - its 1 october expiry was on 26th any idea how to get back please reply would be really helpful
762. IPO Daddy |   Link |  Bookmark | October 1, 2020 11:11:59 AM
hehe bakwass listing . this is what happens when all get allotment?
761. VINOD JAIN NICKY |   Link |  Bookmark | September 25, 2020 7:54:25 PM
Amount is still blocked . It was blocked through UPI BHIM APP. NO ALLOTMENT IS THERE.
761.1. Cheers Chiranjit |   Link |  Bookmark | September 27, 2020 1:22:55 AM
Send an email to einward.ris@karvy.com. Else it will be auto-unblocked on mandate-end date which I think was 27/28th. Faced similar issue. Got it unblocked 4days back by emailing them.
760. VINOD JAIN NICKY |   Link |  Bookmark | September 25, 2020 7:54:15 PM
Amount is still blocked . It was blocked through UPI BHIM APP. NO ALLOTMENT IS THERE.
759. EnGee |   Link |  Bookmark | September 25, 2020 7:28:51 PM
How can one raise the concerns / issues with the registrar of an IPO to SEBI, about the unfair practices / mal-practices followed in allotment of shares in the lottery?
I just received the allotment basis data for Happiest Minds IPO. For the applications of 1 lot (ie applications demanding 90 shares) the allotment ratio was 52:4061, and for applications of rest of the lots ie applications of 2 lots to 13 lots ie applications demanding 180 shares to 1170 shares, the allotment ratio was common 11:436.
In this case, what is the point of applying for highest lot?
Will this strategy not encourage people to subscribe in the IPO with application of smaller lots from DEMAT accounts of other people, which is not right actually?

I think Karvy (K F Infotech) must be interrogated for the reason behind this kind of allotment strategy.

In future, I will think well before applying for an IPO for which Karvy is appointed as registrar.
758. Chem cho |   Link |  Bookmark | September 24, 2020 2:23:17 PM
IPO Guru IPO Guru (2600+ Posts, 2700+ Likes)
Should be Bumber Listing
Price is very cheap @ Rs 554
Nifty at 10950 sensex 37037 1.20 PM DATE 24/09/2020
Should apply even if NIFTY Tests Lower Than 10900 -10800
758.1. RJ Rocks |   Link |  Bookmark | September 24, 2020 2:33:08 PM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
Chen cho sir apne UTI AMC ka review happiest mind me dal diya.
758.2. Chem cho |   Link |  Bookmark | September 24, 2020 2:33:59 PM
IPO Guru IPO Guru (2600+ Posts, 2700+ Likes)
sorry wrongly post in happiest MINDS

THIS POST is for UTI asset MANAGEMENT
757. Nitin Verma |   Link |  Bookmark | September 17, 2020 8:46:25 PM
Is anyone else who have not got the refund till yet? My amount is still blocked with Union bank. What to do?
757.2. Himanshu chodavadiya |   Link |  Bookmark | September 21, 2020 5:58:41 PM
Same problem
757.3. Nitin Verma |   Link |  Bookmark | September 21, 2020 6:09:24 PM
Yes I got the amount. Please wait for 1 more day or connect with your bankm
756. Himanshu chodavadiya |   Link |  Bookmark | September 21, 2020 8:42:19 AM
I haven't received blocked amount .I used bhim UPI .plz anybody can help
755. Aniketiaf |   Link |  Bookmark | September 15, 2020 4:48:16 PM
IPO Guru IPO Guru (1800+ Posts, 10200+ Likes)
0/6
I think, my PAN no. is reserved for Route mob.
Congratulations to all allottee.
755.20. harit |   Link |  Bookmark | September 19, 2020 12:01:09 PM
@Aniket ji and others who bid multiple applications in the name of family members.

Anyone found any pattern in last couple of years allotments?

I put 7 application most of the times but allotments comes in 2-3 names only

My parents never got allotment when ipo over subscribed

My grand parents got maximum number of allotments (all crucial like Dixon,amber irctc happiest,fine org. ,And many more)

Other 3 members got 1-2 allotments

÷history of last 3 years÷

Dose other board members finding this kind of experience or my family is unique?

(I don't believe that Karvy or Link intime are doing anything improperly or wrongly)
755.21. Owls eye |   Link |  Bookmark | September 20, 2020 8:15:56 AM (500+ Posts, 1900+ Likes)
@Harit,

Yes similar situation with me!

My parents got allotment in one in every two ipos. Like Dixon, Smart, IRCTC, Ujjivan, etc.
754. kiran mahadev anpat |   Link |  Bookmark | September 19, 2020 11:48:19 PM
Can anybody applied maximum allotments and received any single allotment? Please let me know.
753. IPO Mitr |   Link |  Bookmark | September 19, 2020 1:33:29 PM
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.

Short term investors may look to exit.

Suno sabki par karo sirf apne man ki

752. Ayush Jindal |   Link |  Bookmark | September 17, 2020 9:52:34 PM
Total Free Float Shares = 2,32,59,550 shares
Today’s EOD Delivery (NSE+BSE) = 2,20,27,093 (94.70%)
So that means 94.70% of Shareholders have Booked profit on listing day itself only.

Kindly think twice to make position in happiest mind at CMP of 370 after analyzing the above data.

Regards,
Ayush Jindal
752.4. Prashant Pednekar |   Link |  Bookmark | September 18, 2020 3:18:42 PM
@AhireR, Yes but if you see the forward earning 2021/22 its just 19. Plus coming from a service sector I wonder its rated so well on Glassdoor and into all the latest of technologies. 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. That's my medium term outlook.
752.5. AhireR |   Link |  Bookmark | September 18, 2020 3:45:51 PM
IPO Mentor IPO Mentor (800+ Posts, 1000+ Likes)
It has already corrected 10% from yesterday's high..That's what I say, price is everything..
751. Neelesh Chouhan |   Link |  Bookmark | September 18, 2020 9:57:10 AM
Alloted 3 lot out of 12
Hold karu ya sale kar du.
Kindly guides.
751.1. Msharma |   Link |  Bookmark | September 18, 2020 10:41:40 AM
Your risk your decision.
750. RAHUL RAM |   Link |  Bookmark | September 17, 2020 9:18:38 PM
SIRF PROMOTOR K FAMILY WALE KO MILA HOGA
749. Eagleye |   Link |  Bookmark | September 17, 2020 11:25:36 AM
IPO Guru IPO Guru (6600+ Posts, 22000+ Likes)
Total Free Float = 23,259,550 shares

Done:
Pre-opening Delivery (NSE+BSE) = 6,058,614 (26.05%)

Estimated:
Today’s EOD Delivery (NSE+BSE) = 20,000,000 (86.0%)
749.3. BubbleBoy |   Link |  Bookmark | September 17, 2020 3:17:47 PM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
@haar

Only Anchor portion has 30 days lock in period, rest Ipo participants are free to sell. :)
749.4. papon |   Link |  Bookmark | September 17, 2020 7:52:08 PM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Eagle mam 2 crores 20 lakhs taken as delivery (NSE + BSE). Very few free float shares left
748. Marwari |   Link |  Bookmark | September 17, 2020 7:15:38 PM
ON this price level
1. what about PE? on 166 pe was 30+ and today's closing price 370 PE is 65+. Is that justify the share price?
2. Promotor age is 77. How long he will run the company.
3. Why promotor offload his stake.
747. SathishRAVI |   Link |  Bookmark | September 16, 2020 8:49:37 PM
I got allotment and I got email and messages from NSDL. But still I couldn't see the shares in holding. I'm using zerodha..
747.2. Deepak Peswani |   Link |  Bookmark | September 16, 2020 10:33:59 PM
Same for me, cannot see the share in the holdings
747.3. Deepak Peswani |   Link |  Bookmark | September 17, 2020 6:51:27 PM
Did you got the share credited? I still don't.