Happiest Minds Technologies Limited IPO GMP


Happiest Minds IPO

Happiest Minds Technologies Limited (Happiest Minds), a Mindful IT Company, applies agile methodologies to enable digital transformation for enterprises and technology providers by delivering seamless customer experience, business efficiency and actionable insights. We leverage a spectrum of disruptive technologies such as: Big Data Analytics, AI & Cognitive Computing, Internet of Things, Cloud, Security, SDN-NFV, Blockchain, Automation including RPA, etc. Positioned as “Born Digital . Born Agile”, our capabilities spans across product engineering, digital business solutions, infrastructure management and security services. We deliver these services across industry sectors such as retail, edutech, industrial, BFSI, hi-tech, engineering R&D, manufacturing, travel, media and entertainment, and others.

A Great Place to Work-Certified™ company, Happiest Minds is headquartered in Bangalore, India with operations in the U.S., UK, Canada, Australia and Middle East



Below are Details of Grey Market Premium (GMP) and Kostak Rate of Happiest Minds Technologies Limited IPO.Please note GMP is only work when subscription figure is high.Always looks for subscription figure before looking to Grey Market Premium (GMP).Grey Market Premium (GMP) may go up or down depend on Subscription figure.Subscription figure is available on Home page for main line IPO and SME page for SME IPO.

IdGrey Market PremiumKostak RateRate Date
1283135-140 Rs 15 Sep 2020
1281120-125 RS-14 Sep 2020
1279115-120 Rs-11 Sep 2020
1277130-140 Rs25010 Sep 2020
1275120-125 RS450 Rs09 Sep 2020
1272105-120 Rs450 rs08 Sep 2020
1270108-120 Rs450 Rs07 Sep 2020
1268105-115 Rs450 Rs04 Sep 2020
1267115-120 Rs450 Rs03 Sep 2020
1266115-120 Rs450 Rs02 Sep 2020
1265115-120 Rs450 Rs01 Sep 2020


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debasish Sep 27 2020 12:10:33 AM
My amount is still blocked. We have to boycott this Karvy registrar issues. Fraud company KFin Tech is its company only.

Animesh Kundu Sep 22 2020 11:19:24 AM
Hello, I had applied for 2 lots of Happiest minds ipo. For some technical issues I got 2 payment requests on my upi app. I accepted both and double the amount was blocked. I didn't get any shares. Yesterday only half the amount was unblocked. Remaining half is still blocked. When will it be unblocked or who do I talk to? Plz help

Mayank Sep 16 2020 3:13:54 PM
Admin ji. Add NEW SME IPO.

Rahul Sood Sep 15 2020 4:34:45 PM
Applied for 1800 shares in Happiest Mind but did not get allotment. What does rule say about applying in NII category for allotment.. as have read allotment is on propotionate bais Can any one explain the allotment basis

Manoj Kumar Sep 15 2020 9:29:42 AM
Allotment is done. Check allotment of IPO on https://ris.kfintech.com/ipostatus/

Rk Sep 15 2020 8:08:54 AM
Anybody got allotment of Happiest minds

Eagleye Sep 14 2020 10:02:55 PM
CAMS IPO – *GMP Estimated* GMP 425 +/- 5 Kostak 700 +/- 25 ❇❇❇❇❇ Route Mobile IPO GMP 198 +/- 2 ❇❇❇❇❇❇ Happiest Minds IPO GMP 145 +/- 1 🎆🎆🎆🎆🎆🎆🎆🎆🎆🎆 *To join our WhatsApp group send your name and city on our WhatsApp number 9122182978* Only WhatsApp

Eagleye Sep 14 2020 10:00:01 PM
CAMS IPO – Schedule *(Page 273 of the RHP)* 16th Sept – Announcement of Price Band 18th Sept – Anchor Investors Allotment 21st Sept – Offer Opens 23rd Sept – Offer Closes 28th Sept – Finalisation of Basis of Allotment 29th Sept – Unblocking of ASBA Accounts 30th Sept – Credit of Equity Shares to Depository Accounts 01st Oct – Commencement of Trading CAMS IPO – Issue Information *(Tentative)* 🌸🌸🌸🌸🌸🌸🌸🌸 Issue Opens on: 21 September 2020 Issue Closes on: 23 September 2020 Issue Type: Book Built Issue IPO Issue Size: 1,82,46,600Shares Face Value: Rs.10/- per Share Issue Price: Rs.1,220 – Rs.1,230 per Share*(Tentative)* Discount: Rs.10/- (for Employees) Market Lot: 12 Shares Listing At: BSE (Not NSE) 🌸🌸🌸🌸🌸🌸🌸🌸 Equity Shares outstanding prior to the Issue = 4,87,60,000 Shares Employee Reservation of 1,82,500 Shares @1220/- = Rs.22.27Crs (after discount of ~10/-) Offer for Sale of 1,80,64,100 Shares @1230/- = Rs.2,221.88 Equity Shares outstanding after the Issue = 4,87,60,000 Shares 🌸🌸🌸🌸🌸🌸🌸🌸 Category-wise Break up: Anchor – 54,19,320 Shares = 666.57Crs QIB – 36,12,820 Shares = 444.38Crs NII – 27,09,615 Shares = 333.28Crs RII – 63,22,435 Shares = 777.66Crs (Lot size: 12 = 5,26,870 Forms) Empl. Quota – 1,82,500 Shares = 22.27Crs (@1220 per Share) Total Issue – 1,82,46,600 Shares = 2244.15Crs. Subscription required for 1X RII = 5,26,870 Forms NII = 333.28 Crs 🌸🌸🌸🌸🌸🌸🌸 NAV as on June 30, 2020 was Rs.108.27 (Page #75 of RHP) Listed Industry Peer Group (Page #67 of DRHP): None 🌸🌸🌸🌸🌸🌸🌸🌸 CAMS IPO – *Market’s Current Estimates of oversubscription*: RII = 27.00L Forms = 5.12X Applic. wise (Avg allotment of ~2.34 shares per lot) NII = 50K Crs. = ~147.62X Interest cost *@7.50%p.a.* for 7days = 179.79paise for 1X Thus, for NII the costing = 147.62 X 179.79paise = Rs.265.42 per share (= GMP) And, for RII the costing = 2.34 X 265.42 = Rs. ~622/- (= Kostak) 🌸🌸🌸🌸🌸🌸🌸🌸 CAMS IPO – *GMP Estimated* GMP 350 +/- 2 Kostak 825 +/- 25 ❇❇❇❇❇❇❇ *To join our WhatsApp group send your name and city on our WhatsApp number 9122182978* Only WhatsApp

RAJA GANESH Sep 14 2020 7:35:43 PM
@Jyothikrishna, You can ignore as long as you have applied thru ASBA.

Jyothikrishna Gali Sep 14 2020 5:50:11 PM
Please clarify anyone ...on BSE application status ..UPI Confirmation status is showing pending.. I applied through SBI -ASBA demat services...and amount was blocked on same time...i confused on see BSE site for application status

Manoj Kumar Sep 14 2020 11:24:30 AM
Physical Form of ASBA acceptable by the banker who maintains your bank a/c and is SCSB member, provided you have done bidding in exchange platform. Submission of physical form with cheque/DD is scraped but blocking of fund directly from bank a/c under ASBA is still allowed.

Keshab Sep 11 2020 2:46:01 PM
Applied but not rec'd confirmation mail,ASBA through applied sbi bank it may be rejected

jay narayan Sep 10 2020 10:06:01 PM
jay shree ram

admin Sep 10 2020 4:27:44 PM
GMP is little bit upgrade. You can see in ipo gmp section.

admin Sep 10 2020 4:27:07 PM
@ram, See my third replied. Its final figure for retail.

Ram Sep 10 2020 11:31:05 AM
Can we know no of applications in retail section?

Kalpesh Sep 10 2020 9:40:18 AM
Break record of IRCTC subscription & I think listing also be the same

admin Sep 9 2020 6:43:00 PM
Total No.of Application : 2201505 (Aprox.) Retail Subscription on the basis of Apps : 46.85 times

AMAR SHRI NAYAK Sep 9 2020 5:15:02 PM
What is kostak price

Apul Jain Sep 9 2020 4:00:16 PM
IPO will open between 300-320 and will touch high around 400. Bumper listing guaranteed.

Jay Dholakia Sep 9 2020 3:20:48 PM
This ipo will make a history on subscription figure.

Ravikant Shrama Sep 9 2020 2:06:38 PM
Bumper subscription = bumper listing. Chinese- India war will not impact on Bumper listing. Apply without any fear and rumors .

VINOTH ESWARAN Sep 9 2020 1:27:33 PM
Like Chinese India war tension can change this bullish trend

Jay Dholakia Sep 9 2020 11:28:12 AM
Yes, Premium will be affected if market moods change. Like what happens to SBI Card.

Ravi Vyas Sep 9 2020 11:17:57 AM
Ye Market ke UP/Down is ipo ko bhi kha jaayega.

admin Sep 8 2020 5:17:24 PM
QIB will show interest tomorrow.

HR CHaurasia Sep 8 2020 5:11:46 PM
Please clarify anyone ...on BSE application status ..UPI Confirmation status is showing pending.. I applied through SBI -ASBA demat services...and amount was blocked on same time...i confused on see BSE site for application status

Naresh Vaishnav Sep 8 2020 4:36:03 PM
Qualified Institutional Buyers always saw interest on last day..be positive.this would bumper listing..

Sep 8 2020 4:16:46 PM
Qualified Institutional Buyers subscription too low. There must be some reason behind that.

Sep 8 2020 4:16:46 PM
Qualified Institutional Buyers subscription too low. There must be some reason behind that.

Naresh Sep 8 2020 3:46:04 PM
Y QIB YET FILLED EVEN 1℅ . Is it effect of China war? Don't know what to do.. Bcs promotor share price is 25 paise for each share. Is this bluff game?

HR CHaurasia Sep 8 2020 2:32:16 PM
Very tough allotment for ri

Anonymous Sep 8 2020 11:12:54 AM
Bid only cut off .. dont bid with manual price ... bumper listing gain on 17 th

admin Sep 8 2020 9:51:42 AM
GMP is steady. Go for this ipo with full force.

Mayank Suthar Sep 8 2020 9:35:55 AM
Do not wait to watch the subscription figures of RI , NI , QIB Figures Apply Blindly and Wait for the luck in allotment. Already huge subscribed in RII.It will be bumper listing. ( Do not fear about the Indo-china Tension and other GDP) for this Happiest Mind IPO.

Satyabrata Sinhababu Sep 8 2020 6:28:32 AM
Open demate account in zerodha free delivery, 0.01%/20 whichever lower, for opening whatsapp me 8812972780(learn &earn) program free

Anonymous Sep 8 2020 5:16:57 AM
Very good IPO , everyone should apply , if market will green for next 10 days u will get 70% to 80% listing gain

Rakesh Padhiyar Sep 7 2020 1:02:34 PM
Must apply... Very good company it firms, invest short & long term

admin Sep 7 2020 11:08:08 AM
Latest GMP updated in IPO GMP section.

Abhishek Sep 4 2020 2:07:00 PM
Admin add Route Mobile Ltd IPO.

Alpesh Patel Sep 4 2020 11:13:36 AM
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Raja Sep 3 2020 10:50:19 PM
Admin pls start your telegram channel so direct contact with you can be possible. Nowdays many people are operating telegram to give tips

Anu Sep 3 2020 10:45:18 PM
@Admin Pls add IPO detail of Route mobile IPO also.

admin Sep 2 2020 7:23:45 PM
IPO is very good. But retail have only 10% this time. Very hard for allotment. Best of luck all. Apply with full force (Hope market will remain on positive note).

admin Sep 2 2020 7:15:14 PM
Latest GMP updated in IPO GMP section.