IT answer offerings provider Happiest Minds Technologies debuted on the bourses at a bumper top rate of 111% over its IPO fee on September 17.
The stock opened at Rs. 351 on the BSE, in opposition to difficulty charge of Rs. 166 in step with share, at the same time as on the National Stock Exchange (NSE), it indexed at Rs. 350, up 110.Eight%.
The Rs. 702-crore preliminary public supplying of Happiest Minds Technologies, promoted with the aid of Ashok Soota, garnered large reaction from buyers because it changed into subscribed a whopping 151 instances.
Ashok Soota, the Executive Chairman and Director, is the promoter of the organisation. Soota was the founding chairman and MD of Mindtree and become additionally the vice-chairman of Wipro Ltd.