Comparison between Happiest Minds Technologies IPO and Rossari Biotech IPO.
Happiest Minds Technologies IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Rossari Biotech IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Happiest Minds Technologies IPO is up to ₹702.02 Cr whereas the issue size of the Rossari Biotech IPO is up to ₹496.25 Cr. The final issue price of Happiest Minds Technologies IPO is ₹166.00 per share and of Rossari Biotech IPO is ₹425.00 per share.
| Happiest Minds Technologies IPO | Rossari Biotech IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹2 per share |
| Issue Price (Lower) | ₹165.00 per share | ₹423.00 per share |
| Issue Price (Upper) | ₹166.00 per share | ₹425.00 per share |
| Issue Price (Final) | ₹166.00 per share | ₹425.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 90 shares | 35 shares |
| Fresh Issue Size | 66,26,506 shares | 11,76,470 shares |
| Fresh Issue Size (Amount) | up to ₹110.00 Cr | up to ₹50.00 Cr |
| OFS Issue Size | 3,56,63,585 shares | 1,05,00,000 shares |
| OFS Issue Size (Amount) | up to ₹592.02 Cr | up to ₹446.25 Cr |
| Issue Size Total | 4,22,90,091 shares | 1,16,76,470 shares |
| Issue Size Total (Amount) | up to ₹702.02 Cr | up to ₹496.25 Cr |
Happiest Minds Technologies IPO opens on Sep 07, 2020, while Rossari Biotech IPO opens on Jul 13, 2020. The closing date of Happiest Minds Technologies IPO and Rossari Biotech IPO is Sep 09, 2020, and Jul 15, 2020, respectively.
| Happiest Minds Technologies IPO | Rossari Biotech IPO | |
|---|---|---|
| Anchor Bid Date | Sep 04, 2020 | Jul 10, 2020 |
| Issue Open | Sep 07, 2020 | Jul 13, 2020 |
| Issue Close | Sep 09, 2020 | Jul 15, 2020 |
| Basis Of Allotment (Tentative) | Sep 14, 2020 | Jul 20, 2020 |
| Initiation of Refunds (Tentative) | Sep 15, 2020 | Jul 21, 2020 |
| Credit of Share (Tentative) | Sep 15, 2020 | Jul 22, 2020 |
| Listing date (Tentative) | Sep 17, 2020 | Jul 23, 2020 |
| Anchor Lockin End date 1 | Oct 14, 2020 | Aug 19, 2020 |
| Anchor Lockin End date 2 | Dec 13, 2020 | Oct 18, 2020 |
Happiest Minds Technologies IPO P/E ratio is , as compared to Rossari Biotech IPO P/E ratio of 33.81.
| Happiest Minds Technologies IPO | Rossari Biotech IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 61.77 | 95.06 | ||||
| Promoter Shareholding (Post-Issue) | 53.25 | 73 | ||||
| P/E Ratio | 33.81 | |||||
| Market Cap | ₹2437.94 Cr. | ₹2207.00 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Happiest Minds Technologies IPO Retail Individual Investors (RII) are offered 42,29,009 shares while in Rossari Biotech IPO retail investors are offered 42,29,009 shares. Qualified Institutional Buyers (QIB) are offered 1,26,87,028 shares in Happiest Minds Technologies IPO and 23,35,294 shares in Rossari Biotech IPO.
| Happiest Minds Technologies IPO | Rossari Biotech IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,90,30,541 shares | 35,02,940 shares |
| Market Maker Reservation | ||
| QIB | 1,26,87,028 shares | 23,35,294 shares |
| NII | 63,43,513 shares | 17,51,471 shares |
| RII | 42,29,009 shares | 40,86,765 shares |
| Employee | ||
| Others | ||
| Total | 4,22,90,091 shares | 1,16,76,470 shares |
Happiest Minds Technologies IPO subscribed 150.98x in total, whereas Rossari Biotech IPO subscribed 79.37x.
| Happiest Minds Technologies IPO | Rossari Biotech IPO | |
|---|---|---|
| QIB (times) | 77.43x | 85.26x |
| NII (times) | 351.46x | 239.83x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 70.94x | 7.23x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 150.98x | 79.37x |
