IPO Details
Happiest Minds Technologies Ltd.
#53/1-4, Hosur Main Road, Madivala (Next to Madivala Police StatBengaluru, Karnataka - 560068
Phone: 61960300 Fax: 61960700

Public Issue of 15040729 Equity Shares of Rs. 2.00 each for Cash at a Premium of Rs. 164.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
07/09/202009/09/2020166.00 -
Lead Managers Registrar Listed at
ICICI SECURITIES LTD
NOMURA FINANCIAL ADVISORY & SECURITIES (I) P LTD.
KFIN Technologies Pvt. Ltd.
Karvy Selenium, Tower B,
Plot No. 31 & 31, Gachibowli,, Financial District, Nanakramguda,
Ranga Reddy District, Telangana - 500032
Phone: 67162222 Fax: 23431551
BSE
NSE
Object of the issue

The Offer comprises the Offer for Sale and the Fresh Issue.

Offer for Sale

The Company will not receive any proceeds from the Offer for Sale. The Selling Shareholders will be entitled to their respective portion of the proceeds of the Offer for Sale, net of their respective portion of the Offer related expenses.

Fresh Issue

The Company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
1. To meet long term working capital requirement; and
2. General corporate purposes (collectively, referred to herein as the “Objects”).

Promoted by

The Promoter of the Company is Ashok Soota.

Ashok Soota : He is the Executive Chairman and Director of the Company, is widely recognised for his contributions to the IT industry in India. He is the promoter of the Company and has been associated with the Company since its incorporation. Prior to founding the Company, Ashok was the Founding Chairman and Managing Director of MindTree Limited, a company that completed a successful IPO during his tenure. MindTree Limited was the recipient of the ICSI Best Corporate
Governance award for 2008, during his Chairmanship, just a year after its IPO. He was the vice chairman of Wipro Limited and senior vice president of Shriram Refrigeration Industries Limited prior to co-founding MindTree Limited.

Permanent Account Number : ASRPS2966A
Aadhar Card Number : 934969473894
Driving License Number : KA03 19890001537