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Aug 25, 2020, 22 tweets

Happiest Minds IPO

Sub to : 4000
Int : 400
Prm : 75-85

Happiest mind...

Date 2nd week of september..
Sixe 700 ct..apx
Ratail 10% apx
Price band 160/170 apx
Lot 85 share apx

Kotak & grey market premium

Sub to : 6000
Int : 400
Prm : 120-130

HAPPIEST MINDS IPO ( Estimate Details)

~ Tentative Date: 7th September
~ IPO Size: Rs700 Cr
~ GMP: Rs 125 - 130
~ Kostak: Rs500

~ Happiest Minds IPO Lead Managers:
- ICICI Securities Limited
- Nomura Financial Advisory

Final Updates coming tomorrow!

Happiest Minds #IPO

Int : 400
Sub to : 7000
Grey market Premium : 105-115

Happiest Minds #IPO

lots and amount for bidding
for retail investors

Happiest Minds #IPO

Int : 400
Sub to : 7000
Grey market premium : 105-115

Happiest Minds #IPO
oversubscribed 1.6x already on 1st day!!

retail is over 8x..
may cross 50x on retail at this rate unless the markets correct this week

Happiest Minds #IPO
oversubscribed 2.876x at end of 1st day!!

retail is over 14.6x..

Happiest Minds #IPO
oversubscribed 4.4x at 12 noon of 2nd day!!

retail is over 22.3x..😲

looks like 100x for retail!

Happiest Minds #IPO
oversubscribed 8.4x at end of 2nd day!!

retail is over 38.8x.. looks like 100x for retail!

HNI almost 4x,
QIB (excl anchor) : almost 0.5x
both HNI and QIB will jump tomorrow as well

Happiest Minds #IPO
oversubscribed 26.7x at 12 noon of final day!!

retail is almost 50x.. !

HNI jumped to 57x!! they wait for last day as money is on loan

QIB (excl anchor) : now 3.8x
both HNI and QIB will jump more now...

Happiest Minds #IPO

Lets say
HNI subscription is 40K Crs. = ~379.86X
Interest cost @ 6.50%p.a. for 7 days = 20.69paise for 1X
HNI cost = 379.86 X 20.69paise = Rs78.60per share

GMP 125 +/- 2
Kostak 300+/- 25

If #GMP/listing profit less than 78.6, HNI lose money

Happiest Minds #IPO
final few hours rush on
oversubscribed 68 at 2 pm of final day!!

retail is over 57x.. !

HNI jumped to 176x!! they wait for last day as money is on loan (see calculation above)

QIB (excl anchor) : now 17x
both HNI and QIB will jump-- HNI may be 300-400x

Happiest Minds #IPO
final few hours rush on
oversubscribed 150x at 4 pm of final day!!

retail is over 67x.. !

HNI jumped to 351x!! they wait for last day as money is on loan (see calculation above)

QIB (excl anchor) : now 77x
both HNI and QIB will jump-- HNI: 400+x

💥 Happiest Mind #IPO
Size: 700 crore
Demand: 1,05,000 crore
over 150 times subscribed!!

Retail 71x
HNI 351 x
QIB 77x

HAPPIEST MINDS TECHNOLOGIES #IPO

HNI oversubscription: 351.46x

This implies a loan Interest Cost ~ INR 78.32

GMP 110 (+/- 2)
Kostak 200 (+/- 25)

ET prime:

HAPPIEST MINDS TECHNOLOGIES #IPO
Ashok Soota's career story

ris.kfintech.com/ipostatus/

👆Happiest ipo allotment status out shown here

If link above is not working
you can chek in app
play.google.com/store/apps/det…

Happiest Minds Technologies Ltd

Price Fix : Rs.166

Listing : BSE & NSE On Thursday 17 Sept, 2020

BSE CODE: - 543227

NSE:- HAPPSTMNDS

ISIN No. INE419U01012

Happiest Minds Technologies
#iPhone12
listed at over 100% premium

Jackpot for those who got allocation ... lucky few,,, as most did not

QUESTION:
price jump as Merchant bankers did not price correctly?
Or
Exuberance in market?

<WA forward>

Who made this 😂🤣

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