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Monday, 14 September 2020

Happiest Minds IPO allotment status: Link Intime IPO Date and Time, Basis of Allotment Details

  Propertrick       Monday, 14 September 2020

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Short Article Details:
Name of Article Happiest Minds IPO allotment status
Application Status Active
Article Published On 09/14/2020
Article Updated on 09/14/2020 

Table of Content

Link Intime IPO Status 2020: Happiest Minds IPO allotment status Check, Date and Time News Update

Latest News Update:
  • Retail demand for the issue was strong as well, garnering 70.94 times subscription.
  • Most analysts were bullish on the company since 97 percent of its business comes from the digital services segment.
  • Happiest minds IPO was subscribed 151 times on the last day of bidding (September 9). Alternatively, investors can check the Allotment Status of Happiest Minds IPO at linkintime.co.in websites.

Happiest Minds IPO allotment status 2020 Subscription

Summary:  The Happiest Minds IPO allotment status will be available on Sep 14, 2020, as per the timeline provided in the red-herring prospectus.

But It is expected that the share allotment will be finalized as early as on Tuesday, i.e September 15, 2020. The same was sold between September 7 to 9. The price band for the same was in the range of ₹165-166, having subscribed 151 times on the last day of the bidding.

Happiest Minds IPO allotment status 2020 – Overview
Name of Article Happiest Minds IPO allotment status or Link Intime IPO Status
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
Post Category IPO Status, Date & Time
Official Website https://ift.tt/35N1Ca7
Important Links
Event Links
Check Happiest Minds IPO Allotment Here Click Here
Linkintime Direct link Click Here
Happiest Minds IPO allotment status 2020 Official Website

According to stock exchange data, the IPO received bids for over 3.51 billion shares against the offered size of over 23 million equity shares.

Happiest Minds IPO Qualified Institutional Buyer Non-institutional Investor Retail Individual Investor Total
Shares Offered 12,687,028 6,343,513 4,229,009 23,259,550
No. of times issue subscribed 77.43x 351.46x 70.94x 150.98x

How to Check Happiest Minds IPO allotment status at  ipo.alankit.com?

Happiest Minds Technologies IPO: Here’s how to check your allotment status

how do you check how many shares you have been allotted? The procedure is simple, as mentioned below:

  • You can check the status of your bid here: ipo.alankit.com.
  • Choose Happiest Minds as the name of the company from the drop-down menu and enter the application number or demat account number or PAN to check if you have got any allotment.
  • It is to be noted that the Happiest Minds IPO name will only be available in the drop-down menu after the allotment basis has been finalised.

 BSEIndia, Karvy IPO allotment status

  • You can also check your IPO allotment status on the BSE website here: https://www.bseindia.com/investors/appli_check.aspx.
  • Select ‘Equity’ and then from the dropdown, select ‘Happiest Minds’. Please note the company will only appear once the allotment is done.
  • Applicants can also visit Registrar website (Linkintime, Karvy) to check status.
  • Zerodha doesn’t provide IPO allotment status. Therefore, you check it on directly on BSE or Karvy.

How to check Happiest Minds Tech BSEIndia IPO allotment status?

If you have subscribed to the Happiest Minds Tech IPO, you can check your allotment status by following these simple steps:

  • To check the Happiest Minds Tech IPO allotment status, go to the BSE website .
  • Select ‘Equity’ and then from the dropdown, select ‘Happiest Minds’. Please note that the company will only appear once the allotment is done.
  • Now, enter your application number and PAN.
  • Click on ‘Search’.

How to check Happiest Minds Tech Karvy IPO allotment status?

You can also visit the Registrar website (Linkintime, Karvy) to check your application status.

  • Visit the registrar’s website here.
  • Click on ‘Select company’ and click on Happiest Minds Tech IPO. It will only appear post allotment on September 14.
  • Once the company is selected, you will have to enter either your PAN detail, the application number, or client ID.
  • Enter the captcha and click ‘submit’.

The application status will appear on the screen once you click ‘submit’ and if the details that you provided were correct. It will show the number of shares that you subscribed to and the number of shares that have been allotted to you.

kfintech.com IPO Status

According to Indiatimes, Those who bade for the issue can check the subscription status on kfintech.com, the online portal of KFin Technologies Private Limited, the registrar to the IPO. The registrar to an issue is a Sebi-registered entity, qualified to act as such, and which electronically processes all applications and carries out the allotment process as per the prospectus.

Happiest IPO 2020 Allotment, Refund, Listing Date

Happiest Minds IPO Offer start 2020-09-05
Offer end 2020-09-09
Happiest Minds IPO Allotment finalization 2020-09-14
Happiest Minds IPO Refund initiation 2020-09-16
Demat transfer 2020-09-17
Happiest Minds IPO Listing Date 2020-09-17
Mandate end 2020-09-18

Happiest Minds IPO Allotment & Listing Details

Happiest Minds IPO allotment date is 14 September 2020 but the allotment might come on 15 September 2020. As per the subscription numbers, the basis of allotment Happiest Minds is 47:1.

Happiest Minds IPO Allotment Date 14-Sept-20
Happiest Minds Listing Date 17-Sept-20
Happiest Minds IPO Basis of Allotment 47:1

Happiest Minds IPO Subscription Numbers (Over Subscribed)

Category Day 1 Day 2 Day 3
QIB 0.08x 0.47x 77.43x
HNI 0.62x 3.96x 351.46x
RII 14.61x 38.85x 70.94x
EMP N/A N/A N/A
Total 2.87x 8.40x 150.98x

Happiest Minds IPO Dates & Price Band

 IPO Open:  07 September 2020
 IPO Close:  09 September 2020
 IPO Size:  Approx ₹702 Crore (Approx)
 Face Value:  ₹2 Per Equity Share
 Price Band:  ₹165-₹167 Per Share
 Listing on:  BSE & NSE
 Retail Portion:  10%
 Equity:  42,290,091 Shares

Happiest Minds IPO Market Lot:

 Lot Size:  Minimum 90 Shares & Maximum 1170 Shares
 Minimum Amount:  ₹14,940
 Maximum Amount:  ₹1,94,220

Happiest Minds IPO Allotment & Listing:

 Basis of Allotment:  14 September 2020
 Refunds:  15 September 2020
 Credit to Demat Account:  15 September 2020
 Listing Date:  17 September 2020

The post Happiest Minds IPO allotment status: Link Intime IPO Date and Time, Basis of Allotment Details appeared first on Police Results.


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