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Happiest Minds Technologies IPO is a Book Building listing on BSE,NSE exchange, with an ipo size of ₹ 702.02 Cr. The company is based in Bangalore and caters to Information Technology sector. ICICI Securities , Nomura Financial Advisory And Securities (India) are the merchant bankers of Happiest Minds Technologies IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 10th June 2020.
Happiest Minds Technologies IPO posted revenues of ₹ 708.08 Cr. and PAT of ₹ 200.40 Cr. in FY21 on annualised basis.
Revenue:
₹ 708.08 Cr.
EBITDA Margin:
26.95
% 
Net Worth: ₹ 319.01 Cr.
Market Capitalisation:
[●]
P/E:
12.00 times
P/BV: [●]
EV/EBITDA: 0.12 times
Financial results of Happiest Minds Technologies IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Jun-20 | FY 20 | FY 19 | FY 18 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 573.08 | 508.15 | 413.52 | 386.99 | |
| Net Worth | 319.01 | 265.31 | -66.05 | -108.88 | |
| Total Debt | 90.89 | 69.16 | 60.12 | 68.55 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
177.02
708.08 |
698.21 | 590.36 | 462.89 | |
EBITDA
EBITDA on annualised basis |
47.70
190.80 |
101.82 | 53.50 | 7.52 | |
PAT
PAT on annualised basis |
50.10
200.40 |
71.70 | 14.20 | -22.40 | |
Happiest Minds Technologies IPO PAT Margin is 28.30 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Happiest Minds Technologies IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Jun-20 | FY 20 | FY 19 | FY 18 |
|---|---|---|---|---|
| EBITDA Margin (%) | 26.95 | 14.58 | 9.06 | 1.62 |
| PAT Margin (%) | 28.30 | 10.27 | 2.41 | -4.84 |
| EPS (₹) | 3.73 | 7.04 | 1.89 | -3.13 |
| ROE (%) | 15.70 | 27.02 | - | - |
| ROCE (%) | [●] | [●] | [●] | [●] |
| ROA (%) | 8.74 | 14.11 | 3.43 | -5.79 |
| Debt to Equity | 0.28 | 0.26 | -0.91 | -0.63 |
The market Capitalisation of Happiest Minds Technologies IPO is ₹ 0.00 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Happiest Minds Technologies IPO prospectus highlights an Return on Equity (ROE) of 15.70 % , Return on Assets (ROA) of 8.74 %, and an EBITDA Margin of 26.95 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Happiest Minds Technologies IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Happiest Minds Technologies IPO is ₹ 0.00 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Happiest Minds Technologies IPO has a Price-to-Earnings (PE) ratio of 12.00 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Happiest Minds Technologies IPO reported revenue of ₹ 747.96 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Happiest Minds Technologies IPO provide insights into sales growth, market demand, and business scalability.
Happiest Minds Technologies recorded an EBITDA of ₹ 190.80 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Happiest Minds Technologies Profit After Tax (PAT) is ₹ 200.40 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 708.08 Cr.
EBITDA Margin:
26.95
%
Net Worth: ₹ 319.01 Cr.
Market Capitalisation:
[●]
P/E:
12.00 times
P/BV: [●]
EV/EBITDA:
[●]
Happiest Minds Technologies operates in Information Technology and Versatile Digital Business Product Engineering And Infra Management Solution Provider. The Issue is listed on BSE,NSE in Sep, 2020. Happiest Minds Technologies IPO size was 702.02 with Issue price of 166.00 .
Merchant Banker(s) of Happiest Minds Technologies IPO: ICICI Securities Limited , Nomura Financial Advisory And Securities (India) Private Limited
Happiest Minds Technologies IPO subscription was 150.98 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Happiest Minds Technologies IPO listed at a listing price of 371.00 against the offer price of 166.00.
The current market price of Happiest Minds Technologies is 626.95.
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