Connect with us


Happiest Minds Share Price: Happiest Minds List 111% Premium Over Issue Price, Beats DMart, IRCTC



NEW DELHI: Shares of Happiest Minds Technologies got off to a stellar start on Thursday as the script traded at Rs 351 on ESB, a 111% premium over its issue price of Rs 166. which has delivered just over 100 percent back on their debut in recent years.

On NSE, the stock was listed at Rs 350, up 110.84 percent.

The IPO, which was sold from September 7 to September 9 in the price range of 165 to 166 rupees, was subscribed 151 times. There are only four issues in the past five years that have seen higher subscription levels than Happiest Minds: Capacit’e Infraprojects (183 times), CDSL (170.1 times), Ujjivan Small Finance Bank (165.60 times) and Amber Enterprises (165.3 times).

At the issue price, the security was valued at 26.76 times the earnings per share for fiscal year 20.

Data showed that the stock reigned at a premium of Rs 146 to Rs 406.65 in pre-opened trades. On the gray market, the stock enjoyed a healthy premium of 155 to 158 rupees.

The Bengaluru-based digital IT service provider saw the Qualified Institutional Buyers (QIB) portion get a subscription 77 times, while the Non-Institutional Investor (NII) or Wealthy Investor Quotas were subscribed 351 times.

The retail investor quota, which was fully subscribed in less than two hours on the first day of the bidding process, registered 71 times the subscription. Retail offers have been received for 3.51 billion shares, worth Rs 58,300 crore, compared to 23.2 million shares offered.

There have been at least 20 issues in the past, which have seen over 100 times investor subscription. These issues saw average gains of 70% when they debuted in the aftermarket, the data shows.

Salasar Techno Engineering, whose IPO of Rs 36 crore was underwritten 273.10 times in July 2017, recorded listing gains of 139.95%. The script opened at Rs 259.15 against the issue price of Rs 108. Apollo Micro Systems, whose number of Rs 156 crore got 248.5 times the subscription in January 2018, saw a pop listing. of 73.81% on the issue price of Rs 275. The script got listed at Rs 478.

Three issues of 2017 Astron Paper & Board Mill (issue size of Rs 70 crore), Capacit’e Infraprojects (issue size of Rs 400 crore) and Central Depository Services (issue size of Rs 524 crore) saw a list of 128 percent. , 59.6% and 67.78%, respectively. These numbers have been subscribed 170 to 242 times.

Ujjivan Small Finance Bank (2019), Amber Enterprises India (2018), Religare Enterprises (2007) and Quess Corp (2016) recorded listing gains of 56.76%, 37.36%, 75% and 57.41% , respectively. These numbers have been subscribed 144 to 166 times.

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

picture credit


to request, modification Contact us at Here or [email protected]

Please disable the ad-blocker on this page to see the content