Happiest Minds Technologies Ltd - Prospectus Synopsis

Happiest Minds Technologies Ltd RHP

Registered Office : No.53/1-4 Hosur Main Road , Madivala , Bangaluru - 560068 , Karnataka , India.

Phone : 91-80-61960300/61960400  Fax :

Email : investors@happiestminds.com    Website : www.happiestminds.com

Initial public offering of 42,290,091 equity shares of face value of Rs. 2 each (Equity Shares) of Happiest Minds Technologies Limited (Company or Issuer) for cash at a price of Rs. 166 per equity share, including a premium of Rs. 164 per equity share, (The Offer Price) aggregating to Rs. 702.02 crores, comprising of a fresh issue of 6,626,506 equity shares aggregating to Rs. 110.00 crores by the company (Fresh Issue) and an offer for sale of 8,414,223 equity shares by Ashok Soota (The Promoter Selling Shareholder), and 27,249,362 equity shares by CMDB II (The Investor Selling Shareholder, together with the promoter selling shareholder, The Selling Shareholders), aggregating to 35,663,585 equity shares (Offered Shares) and aggregating to Rs. 592.02 crores (The Offer for Sale and together with the fresh issue, The Offer). The offer shall constitute 28.80% of the post-offer paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
07-Sep-2020 09-Sep-2020 Rs 166 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 90 Further Multiples of : 90
  Rs Cr Lead Managers to the Issue
Project Cost 104.03 ICICI Securities Ltd
Project Financed through Current Offer 702.02  
Post Issue Equity Share Capital 29.37  
Issue Price Rs. 166  
To meet long term working capital requirement
Promoted By Listing At Registrar to the Issue
Ashok Soota
Mumbai KFin Techologies Pvt Ltd

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