| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 1 | 90 | ₹14,940 |
| HNI / NII | 14 | 1,260 | ₹2,09,160 |
| bHNI / bNII | 67 | 6,030 | ₹10,00,980 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 3,17,17,569 (75.00%) | — | ₹52,651.17 Cr |
| NII / HNI (Total) | — | 63,43,513 (15.00%) | — | ₹10,530.23 Cr |
| Retail Investors | — | 42,29,009 (10.00%) | — | ₹7,020.16 Cr |
| Total ** | — | 4,22,90,091 (100.00%) | — | ₹702,015.51 Cr |
| Metric | 30-Jun-20 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue | 186.99 | 714.23 | 601.81 |
| PAT | 50.18 | 71.71 | 14.21 |
| EBITDA | — | — | — |
| Net Worth | — | — | — |
| Total Assets | 573.08 | 573.08 | 413.52 |
| Reserves | — | — | — |
| Borrowings | — | — | — |
Incorporated in 2011, Positioned as "Born Digital. Born Agile" Happiest Minds Ltd is a Bangalore based IT service provider company. The business of the company is divided into three categories; Digital Business Service (DBS), Product Engineering Service (PES) and Infrastructure and Management Security Service ( IMSS).
The DBS unit offers digital application development & modernisation, assistance in designing & testing of operations, management of the platform, consulting and domain led offerings.
PES unit helps by transforming the potential of digital by making the product secure and smart. Wherein, IMSS provides an end to end monitoring and management capability for applications and infrastructure of the clients.
As of June 30, 2020, Happiest Minds had 148 active customers and has a global presence in countries like US, UK, Australia, Canada and the Middle East. The business units of the company is assisted by the 3 Centres of Excellence which are Internet of Things, Analytics / Artificial Intelligence, and Digital Process Automation. In Fiscal 2020, 96.9% of the company's revenues came from digital services which is one of the highest among Indian IT companies.
Happiest Minds delivers services across industry sectors such as Retail, Edutech, Industrial, BFSI, Hi-Tech, Engineering R&D, Manufacturing, Travel, Media and Entertainment.
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
Happiest Minds Technologies Ltd. IPO · Expected 14 Sep 2020
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