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Happiest Minds Technologies Limited

Happiest Minds Ltd, incorporated in 2011, is a Bangalore-based IT service provider known for its "Born Digital. Born Agile" approach. The company operates in three main business segments: Digital Business Services (DBS), Product Engineering Services (PES), and Infrastructure and Management Security Services (IMSS). The DBS unit focuses on digital application development and modernization, platform management, consulting, and domain-led solutions. The PES unit enhances digital capabilities by making products smarter and more secure, while the IMSS unit provides end-to-end monitoring and management for client applications and infrastructure. As of June 30, 2020, Happiest Minds had 148 active customers and a global presence in countries like the US, UK, Australia, Canada, and the Middle East. The company's business units are supported by three Centres of Excellence specializing in the Internet of Things, Analytics and Artificial Intelligence, and Digital Process Automation. In the fiscal year 2020, 96.9% of its revenue came from digital services, making it one of the leading Indian IT companies in this sector. Happiest Minds serves a wide range of industries, including retail, edutech, industrial, BFSI, hi-tech, engineering R&D, manufacturing, travel, media, and entertainment.

₹165 - ₹166150.98x sub
Listed Price351.00
Listing Gain+111.45%
TimelineBookbuilding IPO
Open07 Sep 2020
Close09 Sep 2020
Allotment15 Sep 2020
Listing17 Sep 2020

Quota Reservation Portions

QIBPortion: 3,17,17,569 shares
75%
HNIPortion: 63,43,513 shares
15%
RetailPortion: 42,29,009 shares
10%

Minimum Application Bracket Matrix

Retail1 lots / 90 shares
₹14,940
sHNI14 lots / 1,260 shares
₹2,09,160
bHNI67 lots / 6,030 shares
₹10,00,980

About the Company

Happiest Minds Ltd, incorporated in 2011, is a Bangalore-based IT service provider known for its "Born Digital. Born Agile" approach. The company operates in three main business segments: Digital Business Services (DBS), Product Engineering Services (PES), and Infrastructure and Management Security Services (IMSS). The DBS unit focuses on digital application development and modernization, platform management, consulting, and domain-led solutions. The PES unit enhances digital capabilities by making products smarter and more secure, while the IMSS unit provides end-to-end monitoring and management for client applications and infrastructure. As of June 30, 2020, Happiest Minds had 148 active customers and a global presence in countries like the US, UK, Australia, Canada, and the Middle East. The company's business units are supported by three Centres of Excellence specializing in the Internet of Things, Analytics and Artificial Intelligence, and Digital Process Automation. In the fiscal year 2020, 96.9% of its revenue came from digital services, making it one of the leading Indian IT companies in this sector. Happiest Minds serves a wide range of industries, including retail, edutech, industrial, BFSI, hi-tech, engineering R&D, manufacturing, travel, media, and entertainment.

Company Promoters

Mr. Ashok Soota