Happiest Minds IPO | Happiest Minds IPO Complete Analysis

 

Happiest Minds IPO Complete Details



September 2020 ko India ka IPO wala mahina kaha jaa sakta hai doston. Kyun ki September 2020 me kam se kam 7 bade IPOs aane waale hai jo investors ke liye ek bahut accha mauka sabit ho sakta hai, zyada paisa kamane ke liye. Angel Broking, UTI AMC jaise bade Indian companies ke saath saath Tech Companies bhi apna IPO laa rahe hai aur is Post me main aapko bataunga Happiest Minds IPO ke baare me, poora Blog padhiyega to aapko pata chalge ke kaise is IPO se aap poora fayda utha payenge. Aur main sirf blog ke last me hi bataunga ke is IPO me agar koi risk hai investors ke liye, to wo kya hai.

 


Agar aap ko ghar baithe IPO me Investment karna hai aur Share Market me trading karna hai to aapko Usko liye Demat account Trading ki jarurat hogi aap Free Demat account open kar sakte hai.

 

Happiest minds Company Details

Main sirf numbers nahi ginaunga, main aapko ye bataunga ke ye company ka IPO kyun subscribe karne layak hai. Pehle to ye samajh lijiye ki Corona pandemic ke baad sab kuch digital ho chuka hai, chahe wo aapka office work routine, meeting ya koi bhi management task. Happiest Minds technology Solutions company ka kaam hi ye hai ki ye aapke business ske digital transformation and overall monitoring me aapko poora help karta hai. 2011 me iska start hua aur ye company Bengaluru based hai. Is company ke major 3 operating areas hai.

 

1.     Digital Business Service(DBS); Isme digital application development & modernisation, assistance in designing & testing of operations, management of the platform, consulting and domain led offerings ki taraf dhyan diya jaata hai. Seedhe seedhe shabdo me iska matlab hai ki agar aap apne company ko digital format me transform karna chahte ho, to Happiest minds company poora responsibiity lega usko aapke liye create karne me.

2.     Product engineering Services(PES): Is service ke andar, aapke digital product, chahe wo existing product ho ya nayi, usko smart banane ke liye, yaani Artificial Inteeligence aur Internet of Things jaise cheezon ko integrate karne ki advice and service provide ki jaati hai.

3.     Infrastructure Management and Security Services (IMSS): isme aapke digital infrastructure ka end to end monitoring and uska management kiya jaata hai, basically is service me aapke poora platform ko third party manage karegi, jo Happiest Minds Solution karti hai.

 

Ab aisi company, jo filhaal duniya ke sabse cutting edge tech solutions jaise AI, Internet of Things, ko apne service domain me include kar chuki hai, iska successful hona to lazmi hai. Isiliye inke filhaal 168 clients hai duniya bhar me, aur US, UK, Middle Eastern countries me bhi inke clients hai. To ab aap samajh gaye honge ke Corona ke baad, jab poora duniya Digital transformation ki taraf chal raha hai, us waqt, aisi company ke IPO me invest karna aapke liye scah me kitna profitable ho sakta hai, kyun ki iski demand kam nahi hogi, ulta badhegi.

 



Competitive Strengths

1. Focused on software product development

2. Strong Brand in offering Digital IT services

3. End to End digital lifecycle

4. Agile Engineering and Delivery

 

Company Financials:

Particulars

For the year/period ended (₹ in Million)

 

30-Jun-20

31-Mar-20

31-Mar-19

31-Mar-18

 

Total Assets

5,730.8

5,081.5

4,135.2

3,869.9

 

Total Revenue

1,869.9

7,142.3

6,018.1

4,891.2

 

Profit After Tax

501.8

717.1

142.1

(224.7)

 

Objects of the Issue:

The company proposes to utilize the Net Proceeds from the fresh issue towards funding the following objects:

1. To meet long term working capital requirement - Corona ke wajah se ye pareshaani sab ko aayi hai, to ye kuch bura indication nahi hai, ye company ke liquidity ko maintain karneka tareeka hai.

2. General corporate purposes

Happiest Minds IPO Details

IPO Date

Sep 7, 2020 - Sep 9, 2020

Issue Type

Book Built Issue IPO

Issue Size

42,290,091 Eq Shares of ₹2

(aggregating up to ₹702.02 Cr)

Fresh Issue

6,626,506 Eq Shares of ₹2

(aggregating up to ₹110.00 Cr)

Offer for Sale

35,663,585 Eq Shares of ₹2

(aggregating up to ₹592.02 Cr)

Face Value

₹2 per equity share

IPO Price

₹165 to ₹166 per equity share

Market Lot

90 Shares

Min Order Quantity

90 Shares

Listing At

BSE, NSE

 

Happiest Minds IPO Tentative Date / Timetable

Bid/Offer Opens On

Sep 7, 2020

Bid/Offer Closes On

Sep 9, 2020

Finalisation of Basis of Allotment

Sep 14, 2020

Initiation of Refunds

Sep 15, 2020

Credit of Shares to Demat Acct

Sep 15, 2020

IPO Shares Listing Date

Sep 17, 2020

Happiest Minds IPO Lot Size and Price (Retail)

Application

Lots

Shares

Amount (Cut-off)

Minimum

1

90

₹14,940

Maximum

13

1170

₹194,220

Happiest Minds IPO Promoter Holding

Pre Issue Share Holding

61.77%

Post Issue Share Holding

53.25%

 

Kya Kuch Risk hai Investors ko?

Ye raha sabse important part blog ka,

 

Risk 1:

Is IPO ko manage karne waali lead managers ne pichle 3 salon me 11 Issues handle kiye hai aur unme se 5 IPO, listing price se neeche band hua listing date pe. Lekin IPOS depend karti hai companies ke profiles ke upar, aur jaise humne dikhaya ke Happiest Mind company ka overall profile kaafi accha hai. To ye point zyada chintajanak nahi hona chahiye

 

Risk 2:

The average cost of acquisition for the Promoter Selling Shareholder is ₹34.68 and the Investor Selling Shareholder is ₹24.91, aur offer price hai upper band me 166 INR. Iska matlab ye ho sakta hai ki Issue ke baad shayad price drop ho, lekin company fundamentals strong hone ke wajah se ye problem bhi bahut bada nahi lag raha

 

Risk 3:

Is company ka average PE ratio, Fiscal 2020 ke diluted EPS ke hisaab se upper price band me 31 ke aas pass aa raha hia, jo iske Industry peers ke hisab se 26.9 ke aaspass hona chahiye. Iska matlab hai ki shayad short term me thoda price me giravat aa sakta hai, lekin jaise maine kaha hai ki, long term me company ke fundamentals kaafi acche dikh rahe hai aur covid lockdown ke baad jab indystrial activity badhegi aur digitization bhi bahdega, tab ye company aapko bahut acche returns de sakti hai.

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