IPO Price History
Closed
Happiest Minds Technologies Limited logo

Happiest Minds Technologies Limited IPO

Mainboard IPOListedHAPPSTMNDSNSE
Current Market Price (CMP)
₹301.15(+81.42%)
Current Price (CMP)
₹301.15(+81.42%)

Live Market Quote

Listing Price & Gain
₹350(+110.84%)

Day 1 Exchange Open

IPO Issue Price
₹166

Band: ₹165 - ₹166

Total Subscription
150.98x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
07 Sept 2020
IPO Bidding Closes
09 Sept 2020
Allotment & Refunds
Completed
Exchange Listing Day
17 Sept 2020

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 150.98x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)77.43x
Non-Institutional Investors (NII / HNI)351.46x
Retail Individual Investors (RII)70.94x
Total Subscription150.98x
Updated as on 09th Sep 2020 at 1700 hrs

Listing Day & Return Performance

Listing Day Gain+110.84%
₹166 (Issue) → ₹350 (List)
Per share profit: +₹184.00
Holding Return (Till Date)+81.42%
₹166 (Issue) → ₹301.15 (CMP)
Net gain per share: +₹135.15
Post-Listing Performance (Listing Day → Today):-13.96%

About Happiest Minds Technologies Limited IPO

Happiest Minds Technologies Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 07 Sept 2020 and concluded on 09 Sept 2020, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹165 - ₹166.

During the bidding window, Happiest Minds Technologies Limited witnessed heavy demand with an overall subscription of 150.98 times. Institutional investors (QIB) subscribed 77.43x, non-institutional high-net-worth investors (NII) subscribed 351.46x, and retail individual investors (RII) bid 70.94x their reserved quota.

The equity shares of Happiest Minds Technologies Limited officially debuted on the stock exchanges on 17 Sept 2020 at an opening listing price of ₹350, delivering a listing day return of +110.84% (premium) over the final issue price. As per the latest market data, the stock trades at ₹301.15, representing an overall gain of +81.42% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Happiest Minds Technologies Limited IPO?
The issue price of Happiest Minds Technologies Limited IPO was fixed at ₹166 per equity share. The indicative bidding price band was ₹165 - ₹166.
What were the open, close, and listing dates for Happiest Minds Technologies Limited IPO?
Happiest Minds Technologies Limited IPO opened on 07 Sept 2020, closed on 09 Sept 2020, listed on 17 Sept 2020.
How much was Happiest Minds Technologies Limited IPO subscribed?
The IPO received an overall subscription of 150.98 times. Category-wise, QIBs subscribed 77.43x, NIIs subscribed 351.46x, and Retail investors subscribed 70.94x.
What was the listing price and listing gain of Happiest Minds Technologies Limited IPO?
Happiest Minds Technologies Limited IPO listed on the stock exchange at ₹350, delivering a listing gain of 110.84% compared to the IPO issue price of ₹166.
Is Happiest Minds Technologies Limited IPO a Mainboard or SME IPO?
Happiest Minds Technologies Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Happiest Minds Technologies Limited IPO since its IPO?
At the latest market quote of ₹301.15, Happiest Minds Technologies Limited IPO has generated an all-time return of +81.42% since its initial public offering.

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