Advertisement
The stocks of the IT services firm listed at Rs 351 apiece, reflecting a gain of 111.14 per cent from the issue price on the BSE. Later, they rose to a high of Rs 395 – a jump of 137.95 per cent.
On the NSE, they opened at Rs 350 apiece, zooming 110.84 per cent against the issue price.
The Rs 702-crore initial public offering of Happiest Minds Technologies, promoted by Ashok Soota, garnered massive response from investors as it was subscribed a whopping 151 times.
Related Articles
Advertisement
ICICI Securities and Nomura Financial Advisory and Securities (India) were the managers for the offer.