Table of Contents
- 1 Is Happiest Minds IPO a good buy?
- 2 Is it good to buy happiest mind share?
- 3 What is the target of happiest mind?
- 4 What is PE of Happiest Minds?
- 5 How many times Wipro has given bonus shares?
- 6 What is the price of Happiest Minds IPO?
- 7 Who is the founder of happyhappiestminds?
- 8 Is Happiest Minds IPO likely to raise inr702 crore?
Is Happiest Minds IPO a good buy?
Happiest Minds public issue was listed at BSE and NSE on 17th September 2020 and the issue price was fixed at ₹165 to ₹166. They recommended retail investors to buy Happiest Minds shares on any major fall as it has strong support at ₹1,000 levels.
We believe the stock is currently overvalued and is trading above its fair value. Also, the stock is currently trading at P/E of 135 which is much higher than its peers and industry P/E of 33, suggest experts.
What is the intrinsic value of Happiest Minds?
Happiest Minds Technologies
| Intellectual Capital (IC) | 4,110.16 |
|---|---|
| Net Worth (NW) | 584.98 |
| Intrinsic Worth (IW) | 4,695.14 |
| Market Cap (MC) | 20,266.44 |
| Economic Value Added | 26.48 |
What is the target of happiest mind?
KR Choksey recommended accumulate rating on Happiest Minds Technologies with a target price of Rs 1510 in its research report dated October 28, 2021.
What is PE of Happiest Minds?
Fundamentals
| Mkt. Cap | ₹18,549Cr | 41.93\% |
|---|---|---|
| P/E Ratio | 113.91 | 10.91 |
| P/B Ratio | 33.87 | 0.25\% |
| Industry P/E | 32.25 | 41.13 |
Will Happiest Minds give bonus shares?
Shares falling in the `Trade-to-Trade` or `T-segment` are traded in this series and no intraday is allowed. This means trades can only be settled by accepting or giving the delivery of shares. Happiest Minds Technologies Ltd. has not announced any bonus so far.
Wipro Ltd. has given 5 bonuses since June 25, 2004. The last Bonus that Wipro Ltd. anoununced was in the ratio 1:3 with ex-date of March 6, 2019. Is Wipro Ltd.
What is the price of Happiest Minds IPO?
The IPO is priced at ₹ 165-166 per share. The lot size is 90 shares. Retail investors can invest only up 10 per cent of the issue size. Happiest Minds IPO is priced at nearly 23 times its 2019-20 earnings.
Why should you invest in happyhappiest mind?
Happiest Mind is the only Indian company which derives 97\% of its revenues from digital IT services. As companies spend more on digital services, Happiest Mind is well placed to capitalize this opportunity.
Who is the founder of happyhappiestminds?
Happiest Minds is a an IT consulting & services company, founded by Ashok Soota in 2011. Currently, Ashok Soota holds a stake of 49\% (pre-IPO) in the company.
Is Happiest Minds IPO likely to raise inr702 crore?
Ashok Soota-promoted Happiest Minds IPO aims to raise INR702.01 crore and grey market premiums indicate to high chances of listing at premium.