Comparison between Happiest Minds Technologies IPO and Mindspace Business REIT.
Happiest Minds Technologies IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Mindspace Business REIT is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Happiest Minds Technologies IPO is up to ₹702.02 Cr whereas the issue size of the Mindspace Business REIT is up to ₹4,500.00 Cr. The final issue price of Happiest Minds Technologies IPO is ₹166.00 per share and of Mindspace Business REIT is ₹275.00 per share.
| Happiest Minds Technologies IPO | Mindspace Business REIT | |
|---|---|---|
| Face Value | ₹2 per share | |
| Issue Price (Lower) | ₹165.00 per share | ₹274.00 per share |
| Issue Price (Upper) | ₹166.00 per share | ₹275.00 per share |
| Issue Price (Final) | ₹166.00 per share | ₹275.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 90 shares | 200 shares |
| Fresh Issue Size | 66,26,506 shares | 3,63,63,600 shares |
| Fresh Issue Size (Amount) | up to ₹110.00 Cr | up to ₹1,000.00 Cr |
| OFS Issue Size | 3,56,63,585 shares | 12,72,72,600 shares |
| OFS Issue Size (Amount) | up to ₹592.02 Cr | up to ₹3,500.00 Cr |
| Issue Size Total | 4,22,90,091 shares | 16,36,36,200 shares |
| Issue Size Total (Amount) | up to ₹702.02 Cr | up to ₹4,500.00 Cr |
Happiest Minds Technologies IPO opens on Sep 07, 2020, while Mindspace Business REIT opens on Jul 27, 2020. The closing date of Happiest Minds Technologies IPO and Mindspace Business REIT is Sep 09, 2020, and Jul 29, 2020, respectively.
| Happiest Minds Technologies IPO | Mindspace Business REIT | |
|---|---|---|
| Anchor Bid Date | Sep 04, 2020 | |
| Issue Open | Sep 07, 2020 | Jul 27, 2020 |
| Issue Close | Sep 09, 2020 | Jul 29, 2020 |
| Basis Of Allotment (Tentative) | Sep 14, 2020 | Aug 06, 2020 |
| Initiation of Refunds (Tentative) | Sep 15, 2020 | Aug 07, 2020 |
| Credit of Share (Tentative) | Sep 15, 2020 | Aug 07, 2020 |
| Listing date (Tentative) | Sep 17, 2020 | Aug 07, 2020 |
| Anchor Lockin End date 1 | Oct 14, 2020 | Sep 05, 2020 |
| Anchor Lockin End date 2 | Dec 13, 2020 | Nov 04, 2020 |
Happiest Minds Technologies IPO P/E ratio is , as compared to Mindspace Business REIT P/E ratio of .
| Happiest Minds Technologies IPO | Mindspace Business REIT | |
|---|---|---|
| Financials | ||
| Promoter Shareholding (Pre-Issue) | 61.77 | |
| Promoter Shareholding (Post-Issue) | 53.25 | |
| P/E Ratio | ||
| Market Cap | ₹2437.94 Cr. | ₹23675.00 Cr. |
| ROE | ||
| ROCE | ||
| Debt/Equity | ||
| EPS | ||
| RoNW |
In the Happiest Minds Technologies IPO Retail Individual Investors (RII) are offered 42,29,009 shares while in Mindspace Business REIT retail investors are offered 42,29,009 shares. Qualified Institutional Buyers (QIB) are offered 1,26,87,028 shares in Happiest Minds Technologies IPO and 3,68,18,200 shares in Mindspace Business REIT.
| Happiest Minds Technologies IPO | Mindspace Business REIT | |
|---|---|---|
| Anchor Investor Reservation | 1,90,30,541 shares | 5,52,27,200 shares |
| Market Maker Reservation | 0 shares | |
| QIB | 1,26,87,028 shares | 3,68,18,200 shares |
| NII | 63,43,513 shares | 3,06,81,800 shares |
| RII | 42,29,009 shares | 0 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 4,22,90,091 shares | 16,36,36,200 shares |
Happiest Minds Technologies IPO subscribed 83.04x in total, whereas Mindspace Business REIT subscribed 5.36x.
| Happiest Minds Technologies IPO | Mindspace Business REIT | |
|---|---|---|
| QIB (times) | 77.43x | 10.65x |
| NII (times) | 351.46x | 15.57x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 70.94x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 83.04x | 5.36x |
