Happiest Minds IPO opens today. Key things to know before you invest

The net proceeds of the offer will be utilised to meet the long term working capital requirement of the company.

The initial public offer (IPO) of Happiest Minds Technologies, the Bengaluru-headquartered information technology (IT) services firm, opens today. The company aims to raise up to Rs 702 crore via fresh issue of equity shares aggregating up to Rs 110 crore and an offer for sale (OFS) of up to 35.663,585 shares. On Friday, the company raised Rs 315.90 crore from anchor investors. 

Here's a look at the key things you need to know before you invest.

About the Company

Happiest Minds Technologies is an information technology (IT) services firm founded by Ashok Soota, a veteran in the