Happiest Minds IPO allotment status: Here’s how to check in four simple steps

Ashok Soota, Executive Chairman of Happiest Minds Technologies
  • The ₹702-crore initial public offering (IPO) of Ashok Soota-led Happiest Minds Technologies closed yesterday, garnering a stellar response.
  • The finalisation of the basis of allotment for Happiest Minds IPO will be announced on September 14, and listing is scheduled for September 17.
  • Here’s how to check Happiest Minds Tech IPO allotment status
  • Check out the latest news and updates on Business Insider.
The ₹702-crore initial public offering (IPO) of Ashok Soota-led Happiest Minds Technologies closed yesterday with an overwhelming response from the investors. The issue received bids worth over ₹58,000 crores, making it one of the most-subscribed IPO in recent times.

According to stock exchange data, the IPO received bids for over 3.51 billion shares against the offered size of over 23 million equity shares.

Happiest Minds IPOQualified Institutional BuyerNon-institutional InvestorRetail Individual InvestorTotal
Shares Offered12,687,0286,343,5134,229,00923,259,550
No. of times issue subscribed 77.43x351.46x70.94x150.98x

For the Happiest Minds IPO, the basis of allotment will be announced on September 14, and listing is scheduled for September 17. But, it is certain that not all retail investors will get as many shares as they subscribed for.
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How to check Happiest Minds Tech IPO allotment status:

If you have subscribed to the Happiest Minds Tech IPO, you can check your allotment status by following these simple steps:
  • To check the Happiest Minds Tech IPO allotment status, go to the BSE website .
  • Select ‘Equity’ and then from the dropdown, select ‘Happiest Minds’. Please note that the company will only appear once the allotment is done.
  • Now, enter your application number and PAN.
  • Click on ‘Search’.
You can also visit the Registrar website (KFin Technologies Private Limited) to check your application status.
  • Visit the registrar’s website here.
  • Click on ‘Select company’ and click on Happiest Minds Tech IPO. It will only appear post allotment on September 14.
  • Once the company is selected, you will have to enter either your PAN detail, the application number, or client ID.
  • Enter the captcha and click ‘submit’.
The application status will appear on the screen once you click ‘submit’ and if the details that you provided were correct. It will show the number of shares that you subscribed to and the number of shares that have been allotted to you.

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