Tuesday, September 15, 2020

Happiest Minds IPO to List on 17th September on NSE and BSE


Happiest Minds IPO to list on NSE and BSE on 17th September 2020, Thursday at 10:00 AM. We will have a great listing for the Happiest Minds IPO as the GMP shoot up in last few days from 110 to 140. We can expect 100% return in this IPO as the demand was on a higher side and that we have seen in the subscription numbers. As per the subscription numbers on the last day QIB was subscribed 77.43x times while NII was subscribed 351.46x times with retail 70.94x times. The IPO was overall subscribed around 150.98x times. Lets see how it will perform on the listing day.

Update: Happiest Minds debuts at 111% premium against the issue price of ₹166. The IPO listed at ₹350 on NSE and ₹351 on BSE. The stock made a high of ₹395 and ₹394.95 on respective BSE and NSE.

Happiest Minds IPO Listing Price: Live Quote

DetailsBSE ListingNSE Listing
Listing Price
₹351.00
₹350.00
High Price
₹395.00
₹394.95
Low Price
₹351.00
₹350.00
Close Price
₹371.00
₹370.95
BSE Notice of Listing: Click Here


Happiest Minds

BSE Code543227
NSE CodeHAPPSTMNDS
GroupB
ISIN NoINE419U01012
Offer Price₹167
Face Value₹2
Listing Date17 September 2020, Thursday

Happiest Minds IPO Subscription Numbers (Over Susbcribed)

Category Day 1 Day 2 Day 3
QIB 0.08x 0.47x 77.43x
HNI 0.62x 3.96x 351.46x
RII 14.61x 38.85x 70.94x
EMP N/A N/A N/A
Total 2.87x 8.40x 150.98x

Happiest Minds IPO Dates & Price Band

 IPO Open:  07 September 2020
 IPO Close:  09 September 2020
 IPO Size:  Approx ₹702 Crore (Approx)
 Face Value:  ₹2 Per Equity Share
 Price Band:  ₹165-₹167 Per Share
 Listing on:  BSE & NSE
 Retail Portion:  10%
 Equity:  42,290,091 Shares

Happiest Minds IPO Market Lot:

 Lot Size:  Minimum 90 Shares & Maximum 1170 Shares
 Minimum Amount:  ₹14,940
 Maximum Amount:  ₹1,94,220

Happiest Minds IPO Allotment & Listing:

 Basis of Allotment:  14 September 2020
 Refunds:  15 September 2020
 Credit to Demat Account:  15 September 2020
 Listing Date:  17 September 2020

Happist Minds IPO FAQs:


When is Happiest Minds IPO Listing Date?
Happiest Minds IPO listing date is 17th September 2020.

What will be Happiest Minds IPO Listing Price
The IPO listed at 111% premium at a price 350 on NSE and 351 on BSE.

Will Happiest Minds will list on NSE and BSE?
Yes, The IPO to list on NSE and BSE both the indices.

What is a BSE and NSE Code for the Happiest Minds IPO?
The BSE Code is 543227 while NSE Code is HAPPSTMNDS.