Happiest Minds IPO |Happiest Minds IPO Review

Happiest Minds IPO |Happiest Minds IPO Review | Happiest Minds Issue Issue Price | Happiest Minds Listing gains – Why I should subscribe for this IPO?

Brief Overview of the Company

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.

www.happiestminds.com

Competitive Strengths

1. Focused on software product development
2. Strong Brand in offering Digital IT services
3. End to End digital lifecycle
4. Agile Engineering and Delivery

September 2020 is the month of IPO & offers great opportunity for investors to make money Happiest Minds Issue Opens on 7th Septmber 2020 & closes on 9th September 2020.

Company Promoter’s

Mr. Ashok Soota is the promoter of the company.

Issue Details

Happiest Minds offer with a median combo of fresh equity issue as well as offer for sell

Issue Price Rs. 165-166 /-

Issue Opens 07.09.2020

Issue Closes 09.09.2020

Minimum Bid (No. of Shares) 90

Listing on BSE, NSE

Company Website www.happiestminds.com

Minimum Investment Amount in Rs. 14940/-

Issue Size (Rs. Cr.) 702.20

Key Financials of the Company

Why You Should Go for this IPO

Happiest Minds is being touted more as a digital services firm than another from among the legacy IT players.

Happiest Minds revenue comes from services such as cloud and security and analytics accounting for 97 per cent other IT players which have only 35-50 per cent of revenues coming in from the segment.

Analysts said the IPO valuation looks high compared with traditional players, but is still attractive compared with overseas digital players. They said midcap and smallcap IT stocks are in demand these days and investors with a little risk-appetite can consider subscribing to the IPO

Important disclaimer

All the contents posted here are for educational purpose only and it is not a buy or sell recommendations.