Sunday, 6 September 2020

HAPPIEST MINDS IPO APPLY OR NOT ?

Happiest minds IPO apply or not ?

My view - yes you can definitely apply for listing gains one can expect 50-100%  bumper listing gains if market not falls but than also there will be no chance of loss on listing day so definitely it is must apply IPO for listing gains.

Disclaimer - make your own research before taking any decision or ask to your financial advisor i have just shared my personal view.

The price band of the offer has been fixed at ₹165 to ₹166 per equity share. At the upper end of the price band, the IPO will fetch ₹702 crore. 

A retail investors can bid for a minimum one lot amounting to 90 shares and in multiple of 90 shares thereafter to a maximum 13 lots. 
The shares will have a face value of 2 per share and be listing on the BSE and the NSE.

Ahead of the IPO, IT services firm Happiest Minds Technologies raised ₹316 crore from anchor investors, including Government of Singapore, Goldman Sachs and Kuwait Investment Authority.

ABOUT COMPANY

The company's promoter Ashok Soota was the founding chairman and managing director of MindTree Limited. He was also the vice chairman of Wipro Limited. Happiest Minds Technologies was founded in 2011.

As of June 30, 2020, it had 148 active customers with a global presence in countries like US, UK, Australia, Canada and the Middle East. It draws over 95% of its revenue from digital IT services.

"We are 'Born Digital, Born Agile'... 97 per cent of our revenues come from digital services... Digital is growing much faster than the traditional market and, therefore, we are able to grow at 20-plus per cent compounded whereas the industry has come down to 8-10 percent," Ashok Soota had said earlier.

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84 comments:

  1. Anonymous6 September 2020 at 23:26

    Thnk u so much sir for your opinion

    ReplyDelete
  2. Anonymous6 September 2020 at 23:33

    Thank u so much sir
    I will definitely apply sir ��

    ReplyDelete
  3. Unknown6 September 2020 at 23:58

    Thank you sir for information ..nicely elaborated about company..

    ReplyDelete
  4. Unknown7 September 2020 at 05:30

    Thank you so much sir for your information will definitely apply

    ReplyDelete
  5. Unknown7 September 2020 at 07:45

    Mere pass sadbhav ke500 share hai
    Hold kru ya exist

    ReplyDelete
    Replies
    1. Raj Dattani7 September 2020 at 16:34

      Sadbhav above 50 good below that weak
      On higher side 57-64 are resistance

      Delete
  6. Pr.Vaibhav Deshpande7 September 2020 at 09:15

    thank u sir for your valuable guidance

    ReplyDelete
  7. Dushyant Vaghela7 September 2020 at 11:00

    Should we hold it for long-term ?

    ReplyDelete
  8. Unknown7 September 2020 at 13:08

    Sir can I apply or not?

    ReplyDelete
    Replies
    1. Raj Dattani7 September 2020 at 16:31

      All things already mentioned in post

      Yes definitely apply

      Delete
  9. Reji7 September 2020 at 13:09

    Hello sir ur calls are very good.but try to give some time

    ReplyDelete
  10. nileshdahiphale967 September 2020 at 13:12

    Sir i have subscribe 1 bid tell your opinion

    ReplyDelete
  11. Anonymous7 September 2020 at 13:26

    Thanks for your guidance on upcoming IPO.

    PNB Gilts Ltd share has broken 44 Support level & currently trading on price near to 40.65 . Can you please suggest it's next support level?

    Is it possible for you to suggest next buying price at lower level of possible with your analysis?


    Thanks in advance.

    ReplyDelete
    Replies
    1. Raj Dattani7 September 2020 at 16:30

      Now 39-40 is next support on closing basis

      On lower levels good buy near 35 if get

      Delete
  12. Bikash.jaiswal123457 September 2020 at 21:08

    Good evening sir ji..

    Axis Bank @466.90
    HDFC LIFE@594
    SIEMENS @1227
    is rate me 3no ka future me aaj buy position banay hai..
    KAL KE LIYE TARGET & STOP-LOSS KYA RAKHU BATAIYE NA SIR JI.. PLEASE..

    AND
    TCS Me kya breckout aane wala hai & 52week high eh tore ga isi week me?
    Thora view share kijiye na sir ji

    ReplyDelete
    Replies
    1. Raj Dattani8 September 2020 at 00:22

      Tcs view positve yes BREAKOUT if close above 2350

      Axis support 440-450 resistance 470-484

      Hdfc life good above 600 support 585 resistance 615-630

      Siemens support 1190 resistance 1225-1240

      Delete
  13. Anonymous7 September 2020 at 22:01

    hello sir
    what a call of astrazenc and dmart , i am a small trader then also i got 6000 rs.profit from both of them just bcoz of u sir thank u so much sir
    sir i am still holding dmart can u plz suggest me where it will go tommorrow and where i can book profits .
    sir i am supporting you continuously i am following you since we were onblogs only and we dont have telegram channel ,sir i have joined manyof my friends those who are in trading fields and they also got benefitted by you thank so much sir for your honest efforts

    ReplyDelete
    Replies
    1. Raj Dattani8 September 2020 at 00:19

      I have suggested blue dart not dmart

      Yes still view positve on blue dart

      Great to know that you are one of my old follower

      You are welcome ENJOY

      Delete
  14. Anonymous7 September 2020 at 22:24

    Sir have you applied?

    ReplyDelete
  15. Unknown7 September 2020 at 22:24

    Sir ji. Ur suggestions helping me to grow and building my future.

    ReplyDelete
  16. Anonymous7 September 2020 at 23:50

    Sir how much do you think would this stock move upward on launch date

    ReplyDelete
  17. Unknown8 September 2020 at 02:56

    I have buy share RBL bank 202 Ruppes of 500 share,,,,in September target ,,so Hold or Shell,, please reply me sir

    Also GNFC 100 share 410 Ruppess so Hold or shell ,,,, please guide me sir

    ReplyDelete
    Replies
    1. Raj Dattani8 September 2020 at 22:34

      Rbl Bank support at 180 resistance 200-204

      Gnfc if your view is long term than hold Otherwise exit on rise

      Delete
    2. Unknown9 September 2020 at 23:39

      Thanks sir

      Delete
  18. Mehul Patel8 September 2020 at 10:36

    Helo raj sir ....thanks for your opinion on above ipo....

    What is your view about ROUTE MOBILE ipo?!

    ReplyDelete
  19. Keshav8 September 2020 at 14:40

    Hello
    I bought Ashok leyland 75ce at 2:45
    And now it is a 1:45
    What should I do
    Please reply
    Thank you

    ReplyDelete
  20. Bikash.jaiswal123458 September 2020 at 19:14

    Good evening sir ji..
    Aaj Sara Position apna zero kar liye.. PIDILITE, TCS, me profit & HDFC LIFE me loss huwa..
    Bus
    1lot PVR me buy Position hai..KAFI UCHA RATE ME FAS GAYA HAI ..LAST FRIDAY KO 1379 ME BUY KIYE THE..aaj 1260..😭

    Stop-loss lagay nehi..NICHE ME AUR KAHA TAK JA SAKTA HAI?
    BORDER TENSION V BANA HUWA HAI..
    DOW & EUROPE V NICHE.
    SAMAJH NE NEHI AAH RAHA HAI KYA KARU?

    EK LOT KAL AUR BUY KAR KE AVARAGE KARU KYA? Bataie na sir ji

    And
    NIFTY me v view share kijiye na..bear market hoga kya ab, eh border issue ke wajah se?

    ReplyDelete
    Replies
    1. Raj Dattani8 September 2020 at 22:33

      Nifty support at 10900-11000 resistance 11550

      Pvr support at 1225-1190 resistance 1330-1400

      Delete
  21. Anonymous8 September 2020 at 19:54

    Raj sir, I bought one lot in fut BhartiAirtel @542/-, now today so down, what can I do , pl advice.

    ReplyDelete
    Replies
    1. Raj Dattani8 September 2020 at 22:32

      Bharti Airtel major support 500 if tomorrow it came above it than no problem Otherwise below 500 it is weak resistance at 525-550

      Delete
  22. Murugan8 September 2020 at 20:05

    Sir, kindly advise on parag milk, I am holding 105 rs.
    Support resistance .
    Can hold for 3 month frame

    ReplyDelete
    Replies
    1. Raj Dattani8 September 2020 at 22:31

      Parag milk support at 84-85 resistance at 113-120

      Delete
  23. Prashant8 September 2020 at 20:18

    Sir

    Please tell me the support and resistance of NCL industries. Is it good for medium to long term?

    Is it financially strong?

    Thanks
    Prashant Sharma

    ReplyDelete
    Replies
    1. Raj Dattani8 September 2020 at 22:30

      Ncl Ind weak below 100 support at 95 and 90 if cement stocks run than this will run resistance at 107-110

      Delete
  24. Anonymous8 September 2020 at 22:37

    Hello sir
    Bought TCS FUT @ 2381
    AND CENTURY ENKA PLZ SUGGEST TRGTS FOR TOMMOROW ON BOTH OF THEM
    THANK U

    ReplyDelete
    Replies
    1. Raj Dattani9 September 2020 at 00:36

      No targets just hold with sl as mentioned and book when you think it's enough profit for you or be updated on Channel

      Delete
  25. Anonymous8 September 2020 at 22:47

    Hello sir
    Sir me roj analysis karta hu stocks PE and sir sabhi calls super hit hai jaise aaj Maine
    indigo buy 1269 par aur made high of 1305
    Hcltech from 716 to 736
    Bpcl from 412-420
    All levels are of fut levels
    Aur kal bhi kafi trades liye the
    But sir muze aapne analysis pe bharosa nahi AA RAHA hai Kya karu
    Isme aap kuch help Kar skate ho Kya Meri
    Kaise tradiing karu apne calls pe apne analysis pe kaise bharosa karu
    Me aapko calls Bata sakta hu Kya levels jaise milenge vaise fir Aap BATAYA Karo ki barabar hai ya nahi
    Kuch to solution dijiye sir plz
    Nahi to me aage nHi badh paunga kabhi plz suggest some idea

    ReplyDelete
    Replies
    1. Raj Dattani9 September 2020 at 00:40

      For that first of all you have to trust your research and hold till stop loss level which you have think by your own

      Trade in 50% quantity than your usual quantity once you start making profit from it you will gain confidence on your research and work and than your problem will be solved

      No don't say me levels as I don't have that much time to answer all questions

      Hope your problem will be solved by this view

      Delete
    2. Anonymous9 September 2020 at 00:46

      Okkz sir then I will do the same from now
      Thank u so much sir
      For supporting me

      Delete
  26. Swapnil9 September 2020 at 07:47

    Sir holding 5000qty share of vodafoneidea at 13 . Please suggest for long term

    ReplyDelete
    Replies
    1. Raj Dattani9 September 2020 at 12:50

      I prefer only strong fundamental stock for long term so I can not recommended you vodaphone

      Delete
  27. Unknown9 September 2020 at 09:03

    Sir You are really Great... your all openions and callss are fabulous.. Thank You so much. I wish i can become like you....

    ReplyDelete
    Replies
    1. Raj Dattani9 September 2020 at 12:49

      You are welcome

      Great to hear it but I am just a NORMAL person like you

      Delete
  28. Dhaval Rastogi9 September 2020 at 09:11

    Sir century enka crashed hold or sell falling badly

    ReplyDelete
  29. Ravi15 September 2020 at 16:34

    Hi sir mere ko ek lot allotment hua he listing pe nikl jau ya fir wait karu 1 ya 2 weak for more gain

    ReplyDelete
    Replies
    1. Raj Dattani15 September 2020 at 22:47

      Abhi listing to hone do bhai

      Great you are a lucky person only few are ALLOTED

      Delete
  30. Anonymous16 September 2020 at 06:21

    Hello Sir,
    As yesterday our first time must BTST SL hit but I am holding force motors for short term...as it is must BTST so I thought it will bounce back & please share your view on mitoot capital which I have @428....

    Thanks

    ReplyDelete
    Replies
    1. Raj Dattani16 September 2020 at 18:21

      Hope you booked force motors today

      MUTHOOT CAPITAL also view positve support near 400

      But always trade with sl as it is very important part currently market is very good so you are getting stocks higher and higher but sl is important

      Delete
  31. PATEL17 September 2020 at 07:26

    How much up open expected?

    300+ opening possible?

    ReplyDelete
  32. Amol18 September 2020 at 08:21

    Please share ur views on CAMS ipo ??

    ReplyDelete
  33. Anonymous18 September 2020 at 09:36

    Hi Sir i have Radico at 470 as i took 52 weeks high now its 455 should i average it or shall i wait for some more days to come up i have 100 shares

    ReplyDelete
    Replies
    1. Raj Dattani19 September 2020 at 01:00

      You can avg near 440

      Support at 430 on closing basis

      Delete
  34. Unknown20 September 2020 at 19:10

    Good evening Sir. I am a follower of your Telgram channel. Sir, you are doing a great job by making so many people happy. Sir, Could you advise me regarding an investment decision I should make soon. What is your opinion about PMS? I have been chased by a bank manager to join their PMS service. I have some funds sufficient to invest in PMS for 3 - 5 years period. I currently have a portfolio managed by myself worth 17 lakhs but returns are not so great. Therefore I am confused whether to go in PMS or mutual fund or dierct equity route. Please advise

    ReplyDelete
    Replies
    1. Raj Dattani20 September 2020 at 21:50

      Thank you

      As you are are saying by you not getting much returns than now 2 options PMS and mutual fund

      Invest 20-25% in PMS and rest in good mutual fund only by taking advice by a good mutual fund advisor I am not a mutual fund expert so I can't give advice on it

      But first invest less in PMS and more in mutual fund after 1 year check both PERFORMANCE where you get more returns with safety Invest full there

      Delete
    2. Unknown20 September 2020 at 23:47

      Thank you so much Sir.
      I have taken a position in Hindustan Foods as per your advice @ 738.64 on 27/08/2020 and have 27.87% unrealized profit in just 3 weeks. This is the first experience in my life Sir. I will hold on to the position untill you give exit call. God bless you Sir.

      Delete
    3. Raj Dattani22 September 2020 at 15:24

      Nope I will not give exit call

      You should book when you think it's enough for you

      As some are happy in 50 point some are happy in 100 point some are happy in 200 point

      Depends on person to person

      When you think it's enough for you you can book

      Delete
    4. Unknown22 September 2020 at 19:08

      Yes Sir. I understood. As it is an FMCG (food industry) small cap with good CAGR sales and profit growth, I prefer to keep the stock in my long term portfolio. Wonderful research by you Sir. Thank you again.

      Delete
    5. Raj Dattani22 September 2020 at 19:58

      You are welcome ENJOY

      Delete
  35. Unknown25 September 2020 at 23:43

    Hi Raj,

    I am big fan of urs, to make sure I end up in profit, I invest in all ur calls every single day,as out of 10 scrips, 8 scrips give perfect result and I have added almost 10 people to take ur calls benefit...

    I just wanted to ask that if I have to invest 1 lac of rs then what would be right stock to enter now. Your guidance will be highly appreciated...

    ReplyDelete
    Replies
    1. Raj Dattani27 September 2020 at 18:29

      Thank you very much for your support

      If your view is long term than you can buy hul ; Britannia or hdfc if your view is of 3-5 years or more

      For short term no view all are updated on channel only

      You are welcome

      Delete
    2. Raj Dattani27 September 2020 at 18:31

      For long term always ACCUMATE slowly slowly on dips not at one price hope it will be helpful to you

      Delete
    3. Unknown27 September 2020 at 21:22

      Thank you Raj, just last ques sorry for asking again, if you have option to chose from capital first idfc or kaveri seeds or granuels india, then which will be ur diamond pick

      Delete
    4. Raj Dattani27 September 2020 at 21:59

      For short term granules can be good for 1-2 year
      For long term 5-10 years idfc first bank is good

      But both buy on dips only

      Delete
  36. pradeep10 February 2021 at 16:38

    Thank you for the wonderful call on Bajaj Finserv sir. I was actually sitting with 15000 loss. When it came to 9900. From there bounce and it recovered all my loss with profit I booked. I had taken 10100ce at 410.

    ReplyDelete