The price of the Happiest Minds stock soared on debut on the stock exchange on Thursday and made promoter Ashok Soota wealthier by over Rs 2,300 crore (more than $300 million). Considering the extent of oversubscription of the IPO (151 times) and the pre-listing grey market trades, the stock was expected to do very well. But it went even beyond most people’s imagination.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/32HGi3u
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