Happiest Minds collects Rs 316 crore from 25 anchor investors ahead of IPO

07:30:00 PM, Saturday 5th of September 2020 | in miscellaneous

Smallcap IT company Happiest Minds Technologies on September 4 has raised Rs 315.90 crore from 25 anchor investors, ahead of its IPO scheduled to open next week. "The fund raising committee and selling shareholders in consultation with book running lead managers have finalised allocation of 1,90,30,541 equity shares to anchor investors," company said in its BSE circular. Company issued shares to anchor investors at Rs 166 per share.