Happiest Minds Technologies IPO Subscription Details

Bookbuilding IPO | ₹702 Cr | Listed at BSE, NSE | Mon, Sep 7, 2020 - Wed, Sep 9, 2020

Basis of Allotment - Happiest Minds Technologies IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)1,26,87,0281,90,30,5413,17,17,56963,43,51342,29,0094,22,90,091
Allotment price (Rs.)166166166166166166
No.of applications168392076,98918,62,37018,69,566
No.of shares applied99,46,24,5601,90,30,5411,01,36,55,1012,21,02,80,84025,49,98,8003,47,89,34,741
Amount collected (Rs.cr.)16,510.77 315.91 16,826.67 36,690.66 4,232.98 57,750.32
No.of times subscribed78.401.0031.96348.4360.3082.26
No.of shares allotted1,26,87,0281,90,30,5413,17,17,56963,43,51342,29,0094,22,90,091
Amount (Rs.cr.)210.60 315.91 526.51 105.30 70.20 702.02
No.of allottees168392071,82546,98849,020

IPO Shares Offered

Happiest Minds Technologies IPO is a public issue of 4.23 Cr equity shares. The issue offers 0.42 Cr shares to retail investors, 3.17 Cr shares to qualified institutional buyers, and 0.63 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 3,17,17,569526.51 75.00%
    Anchor 1,90,30,541 315.91 45.00%
    QIB (Ex Anchor) 1,26,87,028 210.60 30.00%
NII 63,43,513105.30 15.00%
Retail42,29,00970.20 10.00%
Total4,22,90,091702.02 100%

Happiest Minds Technologies IPO Anchor Investor Allocation

A total of 1,90,30,541 shares at a price of Rs 166 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 04, 2020
Anchor investor price₹166.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days95,15,271
No. of shares locked-in for 90 days95,15,271
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 GOVERNMENT OF SINGAPORE GOVERNMENT OF SINGAPORE 10,84,320 18.00 5.70 2.56
2 ADITYA BIRLA SUN LIFE SMALL CAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 6,03,000 10.01 3.17 1.43
3 ADITYA BIRLA SUN LIFE DIGITAL INDIA FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 3,60,810 5.99 1.90 0.85
4 AXIS SMALL CAP FUND AXIS MUTUAL FUND 9,63,810 16.00 5.06 2.28
5 FRANKLIN INDIA SMALLER COMPANIES FUND FRANKLIN TEMPLETON MUTUAL FUND 7,61,850 12.65 4.00 1.80
6 FRANKLIN INDIA TECHNOLOGY FUND FRANKLIN TEMPLETON MUTUAL FUND 2,01,960 3.35 1.06 0.48
7 GOLDMAN SACHS INDIA FUND LTD. GOLDMAN SACHS 9,63,810 16.00 5.06 2.28
8 HDFC LIFE INSURANCE CO.LTD. HDFC LIFE INSURANCE 9,63,810 16.00 5.06 2.28
9 ICICI PRUDENTIAL TECHNOLOGY FUND ICICI PRUDENTIAL MUTUAL FUND 4,81,950 8.00 2.53 1.14
10 ICICI PRUDENTIAL SMALLCAP FUND ICICI PRUDENTIAL MUTUAL FUND 4,81,860 8.00 2.53 1.14
11 JUPITER INDIA FUND JUPITER 9,63,810 16.00 5.06 2.28
12 KOTAK ELSS TAX SAVER FUND KOTAK MAHINDRA MUTUAL FUND 4,81,950 8.00 2.53 1.14
13 KOTAK SMALL CAP FUND KOTAK MAHINDRA MUTUAL FUND 4,81,860 8.00 2.53 1.14
14 KUWAIT INVESTMENT AUTHORITY FUND 225 KUWAIT INVESTMENT AUTHORITY 9,63,810 16.00 5.06 2.28
15 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 9,63,810 16.00 5.06 2.28
16 NOMURA FUNDS IRELAND PLC-NOMURA FUNDS IRELAND-INDIA EQUITY FUND NOMURA 9,63,810 16.00 5.06 2.28
17 PACIFIC HORIZON INVESTMENT TRUST PLC PACIFIC 9,63,810 16.00 5.06 2.28
18 SBI LARGE & MIDCAP FUND SBI MUTUAL FUND 7,25,850 12.05 3.81 1.72
19 SBI TECHNOLOGY OPPORTUNITIES FUND SBI MUTUAL FUND 1,92,780 3.20 1.01 0.46
20 SBI TAX ADVANTAGE FUND-SERIES 3 SBI MUTUAL FUND 45,180 0.75 0.24 0.11
21 FIDELITY ASIAN VALUES PLC FIDELITY 8,38,350 13.92 4.41 1.98
22 BARODA BNP PARIBAS ARBITRAGE FUND BARODA BNP PARIBAS MUTUAL FUND 2,01,824 3.35 1.06 0.48
23 SUNDARAM SELECT MICRO CAP-SERIES XI SUNDARAM MUTUAL FUND 75,345 1.25 0.40 0.18
24 SUNDARAM SELECT MICRO CAP-SERIES XII SUNDARAM MUTUAL FUND 54,180 0.90 0.28 0.13
25 SUNDARAM SELECT MICRO CAP-SERIES XVI SUNDARAM MUTUAL FUND 39,150 0.65 0.21 0.09
26 SUNDARAM SELECT MICRO CAP-SERIES XVII SUNDARAM MUTUAL FUND 33,120 0.55 0.17 0.08
27 SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND-SERIES VI SUNDARAM MUTUAL FUND 18,072 0.30 0.10 0.04
28 SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND-SERIES IV SUNDARAM MUTUAL FUND 18,072 0.30 0.10 0.04
29 SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND-SERIES V SUNDARAM MUTUAL FUND 18,072 0.30 0.10 0.04
30 ADITYA BIRLA SUN LIFE INSURANCE CO.LTD. ADITYA BIRLA SUN LIFE INSURANCE 4,57,834 7.60 2.41 1.08
31 AMUNDI FUNDS SBI FM INDIA EQUITY AMUNDI 4,57,834 7.60 2.41 1.08
32 AVENDUS INDIA ABSOLUTE RETURN FUND AVENDUS 4,57,834 7.60 2.41 1.08
33 IIFL SPECIAL OPPORTUNITIES FUND-SERIES V IIFL 4,57,834 7.60 2.41 1.08
34 INTEGRATED CORE STRATEGIES (ASIA) PTE.LTD. INTEGRATED CORE 4,57,834 7.60 2.41 1.08
35 HSBC SMALL CAP FUND HSBC MUTUAL FUND 4,57,834 7.60 2.41 1.08
36 MALABAR INDIA FUND LTD. MALABAR 4,57,834 7.60 2.41 1.08
37 MAX LIFE INSURANCE CO.LTD. MAX LIFE INSURANCE 4,57,834 7.60 2.41 1.08
38 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 4,57,834 7.60 2.41 1.08
1,90,30,541315.9110045.00

IPO Subscription FAQs

The Happiest Minds Technologies IPO is subscribed 150.9843 times by Sep 09, 2020 17:00.

Happiest Minds Technologies IPO Subscription

Investor Category Subscription (times)
Qualified Institutional77.4265
Non Institutional351.4617
Retail Individual70.9419
Total Subscription150.9843

Retail category of Happiest Minds Technologies IPO subscribed 70.9419 times as of date Sep 09, 2020 17:00. The public issue closes on Wed, Sep 9, 2020 for bidding.

An investor can apply in Happiest Minds Technologies IPO online via bank (using ASBA) or the broker (using UPI). The Happiest Minds Technologies IPO shares are offered online only.

The Happiest Minds Technologies IPO is subscribed 150.9843 times by Sep 09, 2020 17:00.

The Happiest Minds Technologies IPO allotment status is expected on or around Monday, September 14, 2020. Visit Happiest Minds Technologies IPO allotment status to check.

The Happiest Minds Technologies IPO listing date is September 17, 2020. The equity share of Happiest Minds Technologies IPO will list on BSE, NSE.

Visit Happiest Minds Technologies IPO subscription status page for real-time bidding information about Happiest Minds Technologies IPO.

Happiest Minds Technologies IPO Timetable

IPO opens OnMonday, September 7, 2020
IPO Closes OnWednesday, September 9, 2020
Finalisation of Basis of AllotmentMonday, September 14, 2020
Initiation of RefundsTuesday, September 15, 2020
Credit of Shares to Demat AccountTuesday, September 15, 2020
IPO Listing DateThursday, September 17, 2020
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