Angel Broking IPO vs Happiest Minds Technologies IPO

Comparison between Angel Broking IPO and Happiest Minds Technologies IPO.

IPO Details

Angel Broking IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Happiest Minds Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Angel Broking IPO is up to ₹600.00 Cr whereas the issue size of the Happiest Minds Technologies IPO is up to ₹702.02 Cr. The final issue price of Angel Broking IPO is ₹306.00 per share and of Happiest Minds Technologies IPO is ₹166.00 per share.

 Angel Broking IPOHappiest Minds Technologies IPO
Face Value₹10 per share₹2 per share
Issue Price (Lower)₹305.00 per share₹165.00 per share
Issue Price (Upper)₹306.00 per share₹166.00 per share
Issue Price (Final)₹306.00 per share₹166.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size49 shares90 shares
Fresh Issue Size98,03,921 shares66,26,506 shares
Fresh Issue Size (Amount)up to ₹300.00 Crup to ₹110.00 Cr
OFS Issue Size98,03,914 shares3,56,63,585 shares
OFS Issue Size (Amount)up to ₹300.00 Crup to ₹592.02 Cr
Issue Size Total1,96,07,835 shares4,22,90,091 shares
Issue Size Total (Amount)up to ₹600.00 Crup to ₹702.02 Cr

IPO Timetable

Angel Broking IPO opens on Sep 22, 2020, while Happiest Minds Technologies IPO opens on Sep 07, 2020. The closing date of Angel Broking IPO and Happiest Minds Technologies IPO is Sep 24, 2020, and Sep 09, 2020, respectively.

 Angel Broking IPOHappiest Minds Technologies IPO
Anchor Bid DateSep 21, 2020Sep 04, 2020
Issue OpenSep 22, 2020Sep 07, 2020
Issue CloseSep 24, 2020Sep 09, 2020
Basis Of Allotment (Tentative)Sep 29, 2020Sep 14, 2020
Initiation of Refunds (Tentative)Sep 30, 2020Sep 15, 2020
Credit of Share (Tentative)Oct 01, 2020Sep 15, 2020
Listing date (Tentative)Oct 05, 2020Sep 17, 2020
Anchor Lockin End date 1Oct 29, 2020Oct 14, 2020
Anchor Lockin End date 2Dec 28, 2020Dec 13, 2020

Financials & KPIs

Angel Broking IPO P/E ratio is , as compared to Happiest Minds Technologies IPO P/E ratio of .

 Angel Broking IPOHappiest Minds Technologies IPO
Financials

Company Financials ()

Period Ended
Amount in ₹ Crore

Company Financials ()

Period Ended
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)65.4261.77
Promoter Shareholding (Post-Issue)53.25
P/E Ratio
Market Cap₹2503.05 Cr.₹2437.94 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Angel Broking IPO Retail Individual Investors (RII) are offered 68,62,743 shares while in Happiest Minds Technologies IPO retail investors are offered 68,62,743 shares. Qualified Institutional Buyers (QIB) are offered 39,21,564 shares in Angel Broking IPO and 1,26,87,028 shares in Happiest Minds Technologies IPO.

 Angel Broking IPOHappiest Minds Technologies IPO
Anchor Investor Reservation58,82,352 shares1,90,30,541 shares
Market Maker Reservation
QIB39,21,564 shares1,26,87,028 shares
NII29,41,176 shares63,43,513 shares
RII68,62,743 shares42,29,009 shares
Employee
Others
Total1,96,07,835 shares4,22,90,091 shares

Bids Received (Subscription)

Angel Broking IPO subscribed 3.94x in total, whereas Happiest Minds Technologies IPO subscribed 150.98x.

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Angel Broking IPO Vs Happiest Minds Technologies IPO