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Why Happiest Minds founder Ashok Soota is confident the company’s IPO will do well

Business has not been affected by the pandemic, and the company’s growth and profitability will ensure the public issue is successful, says the IT sector veteran

September 03, 2020 / 02:58 PM IST

Bengaluru-based IT firm Happiest Minds is confident that its initial public offering (IPO), right in the middle of the Covid pandemic, will be a resounding success.

Founder Ashok Soota, 76, says the company’s growth and profitability will ensure investors make a beeline for the public issue.

The IPO opens on September 7 and closes on September 9.

Happiest Minds has fixed the price band of the public issue at Rs 165-166 per share.