The price band for the offer, which closed for subscription on last Wednesday, was fixed at ₹165-166 per equity share.

Shares of Happiest Minds Technologies Ltd were off to a flying start on domestic bourses on Thursday as they got listed with a premium of over 111 per cent against an issue price of ₹166 per share.

The stocks of the IT services firm listed at ₹351 apiece, reflecting a gain of 111.14 per cent from the issue price on the BSE. Later, they rose to a high of ₹395 – a jump of 137.95%.

On the NSE, they opened at ₹350 apiece, zooming 110.84% against the issue price.

The ₹702-crore initial public offering of Happiest Minds Technologies, promoted by Ashok Soota, garnered massive response from investors as it was subscribed a whopping 151 times.

The price band for the offer, which closed for subscription on last Wednesday, was fixed at ₹165-166 per equity share.

ICICI Securities and Nomura Financial Advisory and Securities (India) were the managers for the offer.

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