Happiest Minds Technologies IPO: How to Check Shared Mapping Status Online

Happiest Minds Technologies’ initial public offering (IPO) received a strong response. The Rs 702 million IPO of the Ashok Soota-led company was signed 150.98 times on the last day of bidding. According to the data on the stock exchanges, the Bengaluru-based IT services company IPO received offers for more than 351 million equity shares compared to the offering size of more than 2.32 million shares. From September 7 to 9, non-institutional investors (NII) subscribed their share 351.46 times and qualified institutional buyers (QIB) subscribed their share 77.43 times. While retail investors accumulated 70.94 times the subscription. According to brokerages, Happiest Minds Technologies shares are expected to trade on the BSE and NSE on September 17.

How to check the status of the Happiest Minds IPO?

KFin Technologies Private Limited is the IPO registrar for Happiest Minds Technologies, which is responsible for the IPO allocation and reimbursement processing. All investors who have bid for the Happiest Minds Technologies IPO can check the status of the award on the KFin Technologies website under the ‘IPO Status’ section (https://ris.kfintech.com/ipostatus/ ) when declared. The investor must select the initial public offering and can enter their application number or DPID / Client ID or PAN. After that, they need to enter the given captcha and click submit.

Alternatively, the status of the award can also be verified on the BSE website (https://www.bseindia.com/investors/appli_check.aspx). Investors should select “equity” and then the issue name as “Happiest Minds Technologie Ltd” from the drop down list. Then enter the application number and PAN (permanent account number). In the last step, click on the search tab to see the status details.

The price band for the Happiest Minds IPO was set at Rs 165-166 per share. Happiest Minds Technologies developer Ashok Soota was the founding president and managing director of MindTree Limited. He also served as vice president of IT leader Wipro. Happiest Minds Technologies was founded in 2011. ICICI Securities and Nomura Financial Advisory and Securities (India) are the managers of the offering.