Happiest Minds IPO vs UTI AMC IPO

Comparision between Happiest Minds IPO and UTI AMC IPO.

IPO Details

Happiest Minds IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while UTI AMC IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Happiest Minds IPO	UTI AMC IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	ICICI Securities Limited Nomura Financial Advisory And Securities (India) Pvt Ltd	Axis Capital Limited Bofa Securities India Limited Citigroup Global Markets India Private Limited ICICI Securities Limited Jm Financial Limited Kotak Mahindra Capital Company Limited SBI Capital Markets Limited
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Happiest Minds 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 IPO is ₹166.00 per share and of UTI AMC IPO is ₹554.00 per share.

	Happiest Minds IPO	UTI 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)
Discount (Employee)
Market Lot Size	90 shares	27 shares
Fresh Issue Size	66,26,506 shares
Fresh Issue Size (Amount)	up to ₹110.00 Cr
OFS Issue Size	3,56,63,585 shares
OFS Issue Size (Amount)	up to ₹592.02 Cr
Issue Size Total	4,22,90,091 shares	3,89,87,081 shares
Issue Size Total (Amount)	up to ₹702.02 Cr	up to ₹2,159.88 Cr

IPO Timetable

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

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

Financials

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

Happiest Minds IPO

UTI AMC IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Million)
	30-Jun-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	5,730.8	5,081.5	4,135.2	3,869.9
Total Revenue	1,869.9	7,142.3	6,018.1	4,891.2
Profit After Tax	501.8	717.1	142.1	(224.7)

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Million)
	30-June-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	32,634.28	31,549.18	30,132.63	29,192.52
Total Revenue	2,710.68	8,909.61	10,808.94	11,627.47
Profit After Tax	1,010.75	2,764.85	3,479.27	4,050.91

Promoter Shareholding (Pre-Issue)

61.77%

98.96%

Promoter Shareholding (Post-Issue)

53.25%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Happiest Minds IPO retail 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 IPO and in UTI AMC IPO.

	Happiest Minds IPO	UTI AMC IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	1,26,87,028 shares
NII	63,43,513 shares
RII	42,29,009 shares
Employee	0 shares	2,00,000 shares
Others
Total	2,32,59,550 shares	3,87,87,081 shares

Bids Received (Subscription)

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

	Happiest Minds IPO	UTI AMC IPO
QIB (times)	77.43x	3.34x
NII (times)	351.46x	0.93x
Big NII (times)
Small NII (times)
RII (times)	70.94x	2.32x
Employee (times)		1.34x
Other (times)
Total (times)	150.98x	2.31x

Compare with others

Happiest Minds IPO	UTI AMC IPO
Mazagon Dock IPO	Chemcon IPO
Likhitha Infrastructure IPO	Route Mobile IPO
Chemcon IPO	Angel One IPO
Route Mobile IPO	Happiest Minds IPO
Angel One IPO	CAMS IPO
CAMS IPO	Mindspace REIT
UTI AMC IPO	Yes Bank FPO
Mindspace REIT	Rossari Biotech IPO
Yes Bank FPO	Equitas Small Finance Bank IPO
Rossari Biotech IPO	Prince Pipes IPO

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