India: Happiest Minds IPO opens for subscription soon

India: Happiest Minds IPO opens for subscription soon

The IPO of Happiest Minds Technologies opens for subscription tomorrow and closes on September 9. The price band of the offer has been fixed at 165 to 166 per equity share. At the upper end of the price band, the IPO will fetch 702 crore. Ahead of the IPO, IT services firm Happiest Minds Technologies raised 316 crore from anchor investors, including Government of Singapore, Goldman Sachs and Kuwait Investment Authority.

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