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September 7, 2020 - September 9, 2020

Happiest Minds IPO FAQ

Happiest Minds IPO Date & Price

The Happiest Minds IPO opens on September 7, 2020 and closes on September 9, 2020.

Happiest Minds IPO timetable / schedule is as below:
  • Bid/Offer Opens On: September 7, 2020
  • Bid/Offer Closes On: September 9, 2020
  • Finalization of Basis of Allotment: September 14, 2020
  • Initiation of refunds: September 15, 2020
  • Credit of Equity Shares: September 15, 2020
  • Listing Date: September 17, 2020

Happiest Minds IPO price is set at ₹166 per equity share.

Happiest Minds IPO will close for subscription at 5 PM on September 9, 2020. But most brokers stop accepting application between 1 PM to 3 PM.

The Happiest Minds IPO starts on September 7, 2020. The issue ends on September 9, 2020.

Happiest Minds IPO Issue Size and Subscription Status

The Happiest Minds IPO size is 42290091 Equity Shares of ₹2 aggregating up to ₹702.02 Cr.

Happiest Minds Technologies Ltd is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Happiest Minds IPO shares through the banks (using ASBA) or through the broker (using UPI).

Happiest Minds IPO Offer Size

Qualified Institutional Buyers (QIB)12,687,028 Shares
Non-Institutional Investors (NII)6,343,513 Shares
Retail Individual Investor (RII)4,229,009 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size23,259,550 Shares

Happiest Minds IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)77.43 times times
Non-Institutional Investors (NII)351.46 times times
Retail Individual Investor (RII)70.94 times times
Employee Reservations times
Other Reservations times
Total Issue Size150.98 times times

Click here to check the Happiest Minds IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Happiest Minds IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Happiest Minds IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Happiest Minds IPO Allotment and Listing

The Happiest Minds IPO allot status will be available online on September 14, 2020. Check the Happiest Minds IPO Allotment Status here.

Click here to check Happiest Minds IPO Allotment Status.

Happiest Minds IPO listing Date is September 17, 2020. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Happiest Minds IPO listing date and time is published by the exchange in a circular.

Click here to view the Happiest Minds IPO Basis of Allotment.

It is hard to say at what price Happiest Minds IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Happiest Minds IPO shares will list on September 17, 2020 at BSE, NSE.

Happiest Minds IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Happiest Minds IPO which could help you with questions like Happiest Minds IPO buy or not? You should also read Happiest Minds IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Happiest Minds IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Happiest Minds IPO performance. The performance reports are available 1 day after listing.