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Happiest Minds IPO Subscribed Over 150 Times

  The IPO of  Happiest Minds Technologies , which has drawn strong response from investors, was 77.51 times subscribed as of 4 pm today. Happiest Minds IPO opened on Monday and will close today. Happiest Minds Technologies has raised  ₹ 316 crore from anchor investors ahead of the IPO. The price band of the offer has been fixed at  ₹ 165 to  ₹ 166 per equity share. The offer comprises a fresh issuance of shares aggregating up to  ₹ 110 crore and an offer for sale of up to 3.56 crore equity shares. KFin Technologies Private Limited is the registrar of the  Happiest Minds IPO . ICICI Securities and Nomura Financial Advisory and Securities (India) are the managers for the offer. Happiest Minds shares are likely to get listed on September 17, 2020, according to brokerages. The minimum lot size is 90, which means investors have to apply for a minimum of 90 shares and in multiples thereafter. Happiest Minds Technologies shares are proposed to be listed on th...