Happiest Minds Technologies IPO vs UTI AMC IPO

Comparison between Happiest Minds Technologies IPO and UTI AMC IPO.

IPO Details

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

Issue Size and Price

The total issue size of Happiest Minds Technologies IPO is up to ₹702.02 Cr whereas the issue size of the UTI AMC IPO is up to ₹2,159.88 Cr. The final issue price of Happiest Minds Technologies IPO is ₹166.00 per share and of UTI AMC IPO is ₹554.00 per share.

 Happiest Minds Technologies IPOUTI AMC IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹165.00 per share₹552.00 per share
Issue Price (Upper)₹166.00 per share₹554.00 per share
Issue Price (Final)₹166.00 per share₹554.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size90 shares27 shares
Fresh Issue Size66,26,506 shares0 shares
Fresh Issue Size (Amount)up to ₹110.00 Crup to ₹0.00 Cr
OFS Issue Size3,56,63,585 shares3,89,87,081 shares
OFS Issue Size (Amount)up to ₹592.02 Crup to ₹2,159.88 Cr
Issue Size Total4,22,90,091 shares3,89,87,081 shares
Issue Size Total (Amount)up to ₹702.02 Crup to ₹2,159.88 Cr

IPO Timetable

Happiest Minds Technologies IPO opens on Sep 07, 2020, while UTI AMC IPO opens on Sep 29, 2020. The closing date of Happiest Minds Technologies IPO and UTI AMC IPO is Sep 09, 2020, and Oct 01, 2020, respectively.

 Happiest Minds Technologies IPOUTI AMC IPO
Anchor Bid DateSep 04, 2020Sep 28, 2020
Issue OpenSep 07, 2020Sep 29, 2020
Issue CloseSep 09, 2020Oct 01, 2020
Basis Of Allotment (Tentative)Sep 14, 2020Oct 07, 2020
Initiation of Refunds (Tentative)Sep 15, 2020Oct 08, 2020
Credit of Share (Tentative)Sep 15, 2020Oct 09, 2020
Listing date (Tentative)Sep 17, 2020Oct 12, 2020
Anchor Lockin End date 1Oct 14, 2020Nov 06, 2020
Anchor Lockin End date 2Dec 13, 2020Jan 05, 2021

Financials & KPIs

Happiest Minds Technologies IPO P/E ratio is , as compared to UTI AMC IPO P/E ratio of .

 Happiest Minds Technologies IPOUTI AMC IPO
Financials

Company Financials ()

Period Ended
Amount in ₹ Crore

Company Financials ()

Period Ended
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)61.7798.96
Promoter Shareholding (Post-Issue)53.25
P/E Ratio
Market Cap₹2437.94 Cr.₹7024.01 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Happiest Minds Technologies IPO Retail Individual Investors (RII) are offered 42,29,009 shares while in UTI AMC 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 77,57,416 shares in UTI AMC IPO.

 Happiest Minds Technologies IPOUTI AMC IPO
Anchor Investor Reservation1,90,30,541 shares1,16,36,124 shares
Market Maker Reservation
QIB1,26,87,028 shares77,57,416 shares
NII63,43,513 shares58,18,062 shares
RII42,29,009 shares1,35,75,479 shares
Employee2,00,000 shares
Others
Total4,22,90,091 shares3,89,87,081 shares

Bids Received (Subscription)

Happiest Minds Technologies IPO subscribed 150.98x in total, whereas UTI AMC IPO subscribed 2.31x.

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