Happiest Minds Technologies IPO subscribed 2.87 times on first day of bidding

The offer comprises a fresh issuance of shares aggregating up to Rs 110 crore and an offer for sale of up to 3.56 crore equity shares.

Happiest Minds Technologies IPO a huge hit among investors; subscribed 151 times

New Delhi: The initial public offering of IT services firm Happiest Minds Technologies garnered massive response from investors as it was subscribed a whopping 151 times on the last day of bidding on Wednesday.

Subscribe to Happiest Minds Technologies: Ajcon Global

Positioned as “Born Digital. Born Agile”, the Company focuses on delivering a seamless digital experience to its customers. The Company’s is promoted by very experienced professional Mr. Ashok Soota. Prior to founding Happiest Minds, Mr. Ashok Soota was the founding Chairman and Managing Director of MindTree which was acquired by L&T Group. He was also […]

Happiest Minds Technologies trades at over 60% premium in grey market

Happiest Minds is an IT servicing company which applies agile methodologies and focuses on delivering seamless customer experience, business efficiency and actionable insights. Its business is divided into three categories namely Digital Business Service (DBS), Product Engineering Service (PES) and Infrastructure and Management Security Service (IMSS).

IT services firm Happiest Mind’s IPO oversubscribed 151 times

The initial public offering of IT services firm Happiest Minds Technologies garnered a massive response from investors as it was subscribed a whopping 151 times on the last day of bidding on Wednesday.

Happiest Minds IPO day 2: Issue subscribed 8.4 times, retail portion at 39 times

The brokerage also cited more strong reasons for its recommendation – Scalable business model with multiple drivers of steady growth; end to end capabilities spanning the digital lifecycle from roadmap to deployment and maintenance; strong R&D capability; agile engineering and delivery; strong promoter – Ashok Soota (erstwhile co-founder of Mindtree); and improved financial performance.

Happiest Minds: An IPO that flew under the radar in startup land

Given his age and the fact that the heydays of outsourcing were long gone, several analysts and reporters wondered if this was going to work at all. But Mr. Soota was aiming higher. He was clear from the beginning that he’ll take the company public. And he wanted Happiest Minds to become the fastest company […]

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