Happiest Mind IPO Good or Bad

happiest, mind, ipo, shuddh vichar

In the name it self it shows the strength of the company that it is HAPPIEST MIND COMPANY

Well let’s talk about the Fundamentals of the company Mr Khandelwal is one of the promoters of the company

Information Technology Services provider company Happiest Minds Technologies has revealed the date to play its IPO. The IPO of Happiest Minds Technologies is scheduled to open on 7 September. The company said on Wednesday that it would present its initial public offering (IPO) on September 7, which is expected to raise Rs 702 crore.
Happiest Mind said in a statement that the company measured the bid for the IPO at between Rs 165 and Rs 166 per share. Fresh shares worth Rs 110 crore will be issued in the issue of this digital transformation and IT services company. At the same time, the promoters are going to sell their shares worth Rs 3.56 crore.

The IPO can be bid in multiples of 90 equity shares. The face value of equity shares is two rupees. The Bangalore-based company shares are proposed to be listed on the BSE and NSE. Explain that the management of this issue is responsible for ICICI Securities and Nomura Financial Advisory & Services.

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