September 7, 2020 - September 9, 2020

Happiest Minds Technologies IPO Subscription Details

IPO Detail

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 date	null
Anchor investor price	Rs.166.00
Anchor investors as % of QIBs	60.00%
No. of shares locked-in for 30 days	95,15,271
No. of shares locked-in for 90 days	95,15,271

S.No.	Anchor Investor	No. of Shares Allotted	Amount (Rs.cr.)	% Allotment within Anchor Investor Portion	% Allotment of Issue
1	GOVERNMENT OF SINGAPORE	10,84,320	18.00	5.70	2.56
2	ADITYA BIRLA SUN LIFE MUTUAL FUND	9,63,810	16.00	5.06	2.28
2A.	ADITYA BIRLA SUN LIFE DIGITAL INDIA FUND	3,60,810	5.99	1.90	0.85
2B.	ADITYA BIRLA SUN LIFE SMALL CAP FUND	6,03,000	10.01	3.17	1.43

3	AXIS MUTUAL FUND	9,63,810	16.00	5.06	2.28
4	GOLDMAN SACHS INDIA FUND LTD.	9,63,810	16.00	5.06	2.28
5	HDFC LIFE INSURANCE CO.LTD.	9,63,810	16.00	5.06	2.28
6	ICICI PRUDENTIAL MUTUAL FUND	9,63,810	16.00	5.06	2.28
6A.	ICICI PRUDENTIAL SMALLCAP FUND	4,81,860	8.00	2.53	1.14
6B.	ICICI PRUDENTIAL TECHNOLOGY FUND	4,81,950	8.00	2.53	1.14

7	JUPITER INDIA FUND	9,63,810	16.00	5.06	2.28
8	KOTAK MAHINDRA MUTUAL FUND	9,63,810	16.00	5.06	2.28
8A.	KOTAK ELSS TAX SAVER FUND	4,81,950	8.00	2.53	1.14
8B.	KOTAK SMALL CAP FUND	4,81,860	8.00	2.53	1.14

9	KUWAIT INVESTMENT AUTHORITY FUND 225	9,63,810	16.00	5.06	2.28
10	NIPPON INDIA MUTUAL FUND	9,63,810	16.00	5.06	2.28
11	NOMURA FUNDS IRELAND PLC-NOMURA FUNDS IRELAND-INDIA EQUITY FUND	9,63,810	16.00	5.06	2.28
12	PACIFIC HORIZON INVESTMENT TRUST PLC	9,63,810	16.00	5.06	2.28
13	SBI MUTUAL FUND	9,63,810	16.00	5.06	2.28
13A.	SBI LARGE & MIDCAP FUND	7,25,850	12.05	3.81	1.72
13B.	SBI TECHNOLOGY OPPORTUNITIES FUND	1,92,780	3.20	1.01	0.46
13C.	SBI TAX ADVANTAGE FUND-SERIES 3	45,180	0.75	0.24	0.11

14	FIDELITY ASIAN VALUES PLC	8,38,350	13.92	4.41	1.98
15	FRANKLIN INDIA SMALLER COMPANIES FUND	7,61,850	12.65	4.00	1.80
16	ADITYA BIRLA SUN LIFE INSURANCE CO.LTD.	4,57,834	7.60	2.41	1.08
17	AMUNDI FUNDS SBI FM INDIA EQUITY	4,57,834	7.60	2.41	1.08
18	AVENDUS INDIA ABSOLUTE RETURN FUND	4,57,834	7.60	2.41	1.08
19	HSBC MUTUAL FUND	4,57,834	7.60	2.41	1.08
20	IIFL SPECIAL OPPORTUNITIES FUND-SERIES V	4,57,834	7.60	2.41	1.08
21	INTEGRATED CORE STRATEGIES (ASIA) PTE.LTD.	4,57,834	7.60	2.41	1.08
22	MALABAR INDIA FUND LTD.	4,57,834	7.60	2.41	1.08
23	MAX LIFE INSURANCE CO.LTD.	4,57,834	7.60	2.41	1.08
24	SBI LIFE INSURANCE CO.LTD.	4,57,834	7.60	2.41	1.08
25	BARODA BNP PARIBAS MUTUAL FUND	2,01,824	3.35	1.06	0.48
26	FRANKLIN TEMPLETON MUTUAL FUND	2,01,960	3.35	1.06	0.48
27	SUNDARAM MUTUAL FUND	1,83,741	3.05	0.97	0.43
27A.	SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND-SERIES IV	18,072	0.30	0.10	0.04
27B.	SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND-SERIES V	18,072	0.30	0.10	0.04
27C.	SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND-SERIES VI	18,072	0.30	0.10	0.04
27D.	SUNDARAM SELECT MICRO CAP-SERIES XI	75,345	1.25	0.40	0.18
27E.	SUNDARAM SELECT MICRO CAP-SERIES XII	54,180	0.90	0.28	0.13

28	SUNDARAM SELECT MICRO CAP-SERIES XVI	39,150	0.65	0.21	0.09
29	SUNDARAM SELECT MICRO CAP-SERIES XVII	33,120	0.55	0.17	0.08
		1,90,30,541	315.91	100	45.00

IPO Investor Categories

Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Non-Institutional Investors (NII)
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc. who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.
NII category has two subcategories:
1. sNII (bids below Rs 10L)
  The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).
2. bNII (bids above Rs 10L)
  The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).
Retail Individual Investors (RII)
The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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Happiest Minds Technologies IPO Subscription FAQs

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