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Happiest Minds IPO Subscription Details (Live Status)

Happiest Minds IPO Details

Issue Open Sep 7, 2020
Issue Close Sep 9, 2020
IPO Price ₹166
Face Value ₹2
IPO Size ₹702.02 Cr
Listing At BSE, NSE
IPO Lot Size 90

Happiest Minds IPO Subscription Status Live

Happiest Minds IPO subscribed 150.98 times. The public issue subscribed 70.94 times in the retail category, 77.43 times in QIB, and 351.46 times in the NII category by Sep 9, 2020.

Application Wise IPO Subscription (Retail): 2201505 times

Investor CategorySubscription (times)
Qualified Institutions77.43
Non-Institutional Buyers351.46
Retail Investors70.94
Employees[.]
Others[.]
Total150.98

Happiest Minds IPO Subscription Details (times)

DateQIBNIIRetailTotal

Day 1
Sep 7, 2020

0.08

0.62

14.61

2.87

Day 2
Sep 8, 2020

0.47

3.96

38.85

8.40

Day 3
Sep 9, 2020

77.43

351.46

70.94

150.98


Happiest Minds IPO Shares Offered

Happiest Minds IPO is a public issue of 23,259,550 equity shares. The issue offers 4,229,009 shares to retail investors, 12,687,028 shares to qualified institutional buyers, and 6,343,513 shares to non-institutional investors.

CategoryShares Offered%
QIB12,687,02854.55%
NII6,343,51327.27%
Retail4,229,00918.18%
Total23,259,550100%

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)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2,00,000 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.

Happiest Minds IPO Subscription FAQs

The Happiest Minds IPO is subscribed 150.98 by Sep 9, 2020.

Happiest Minds IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional77.43
Non Institutional351.46
Retail Individual70.94
Employee Reservations[.]
Others[.]
Total Subscription150.98

Retail category of Happiest Minds IPO subscribed 70.94 times as of date Sep 9, 2020. The public issue closes on Sep 9, 2020 for bidding.

An investor can apply in Happiest Minds IPO online via bank (using ASBA) or the broker (using UPI). The Happiest Minds IPO shares are offered online only.

The Happiest Minds IPO is subscribed 150.98 by Sep 9, 2020.

The Happiest Minds IPO allotment status is expected on or around Sep 14, 2020. Visit Happiest Minds IPO allotment status to check.

The Happiest Minds IPO listing date is Thursday, September 17, 2020. The equity share of Happiest Minds Technologies Ltd will list on BSE, NSE.

Visit Happiest Minds IPO subscription status page for real-time bidding information about Happiest Minds IPO.

Happiest Minds IPO Timetable

IPO Opens OnSep 7, 2020
IPO Closes OnSep 9, 2020
Finalisation of Basis of AllotmentSep 14, 2020
Initiation of RefundsSep 15, 2020
Credit of Shares to Demat AccountSep 15, 2020
IPO Listing DateSep 17, 2020