Happiest Minds IPO subscription updates:

Happiest Minds

On day one of bidding, Happiest Minds Technologies’ initial public offering is seeing a good response from retail investors so far.

The public issue has seen a 1.97 times subscription so far as it has received bids for 4.59 crore equity shares against IPO size of over 2.32 crore shares (excluding anchor book), as per the data available on exchanges showed.

The reserved portion of retail investors has subscribed 10 times and that of non-institutional investors 34.89 percent, while the portion set aside for qualified institutional investors has seen 8 percent subscription.

News Source: Moneycontrol

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