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Happiest Minds Technologies Ltd

Registered Office: 53/1-4 Hosur Main Road,Madivala (Next to PoliceStatio, Bangaluru - 560068, Karnataka, India.
Phone : 91-80-61960300/61960400   Fax:91-80-61960700
Email :  investors@happiestminds.com  
Website :  www.happiestminds.com

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.

Issue Money Payable On
Opens on Closes On Application Allotment
07-Sep-20 09-Sep-20 166.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 90   Further Multiples of : 90
  Rs(Cr.) Lead Managers to the Issue
Project Cost 104.03 ICICI Securities Ltd
Project Financed through Current Offer 702.02  
Post Issue Equity Share Capital 29.37  
Issue Price 166.00  

Project

  • To meet long term working capital requirement
  • General corporate purposes

Promoted By

Ashok Soota

Listing At

BSE

NSE

Registrar to the Issue

KFin Techologies Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.