Happiest Minds Technologies Limited: History, Latest Updates, Milestones, Subsidiaries & Share Price

 

Happiest Minds Technologies Limited

Happiest Minds Technologies Limited: History, Latest Updates, Milestones, Subsidiaries & Share Price

Introduction

Happiest Minds Technologies Limited, operates in the business of digital transformation for companies. Works on technologies like AI, blockchain, cloud technology and computing, DPA, IoT , robotics and VR etc. They work on delivering agile digital services for vast sectors.  The company has its head office in Bengaluru, Karnataka, India. Happiest Minds Technologies Limited was founded by one of the co-founders of Mindtree Technologies Limited.

Happiest Minds Technologies Limited Moves In 2024

Happiest Minds Share Price in July,2024 is Rs.830.45

In June 2024, Dividend informed by Happiest Minds was Rs.3.25 per Happiest Minds Share Price with share value Rs.2.

Happiest Minds Share Price in June,2024 is Rs.817.29

For the fiscal year FY2025, Happiest Minds Technologies has forecasted a growth rate of 35-40%

Happiest Minds Share Price in May,2024 is Rs.788.55

In May, 2024, Happiest Minds acquired PureSoftware Technologies worth Rs.779 crores.

Happiest Minds Share Price in April,2024 is Rs.815

For the year FY2024, Happiest Minds Technologies Limited had an increase in revenue by 13.66% to Rs.1624.66 crores and net profit increased by 7.53% to Rs.248.39 crores.

Happiest Minds Share Price in March,2024 is Rs.744.4

Happiest Minds Technologies Limited's Fourth quarter results for the year FY2024 indicates that its net profit has increased by 24.83% to Rs.71.83 crores and Operational revenue increased by  10.4% to Rs.417.29 crores.

Happiest Minds Share Price in February,2024 is Rs.846.95

Happiest Minds Technologies had an employee count of 5168 with its employee turnover rate of 13%.

Happiest Minds Share Price in January,2024 is Rs.876.05

Evolution Of Happiest Minds Technologies Limited: From Past to Present

Year 

Evolution

2011

Established Happiest Minds Technologies Limited.

2012- 2015

Provided digital technology services to its clients .

Expanded its client base.

2016 

Achieved increase in revenue.

Achieved to be nation’s Top 50 IT firms

2017-2018

Provided emerging technology services to clients

2019 

Offered services on digital transformation to global clients

2020

Listed on stock exchanges with 151 times over subscription

2021

Achieved tremendous revenue growth in midst of Covid 19 pandemic

2022

Achieved tremendous revenue growth and global clients

2023

Focussed on takeovers and partnerships.

 

Happiest Minds Technologies Limited Company Information 

Company Information

Name

Happiest Minds Technologies Limited

Founded year

2011

Founder 

Mr. Ashok Soota

Headquarters

Bengaluru, Karnataka,  India

Industry 

Software & IT Services

Chairman

Mr. Ashok Soota

Revenue

Rs. 1624.66 crore FY2024

Net Income

Rs. 248.39 crore FY2024

NSE code

NSE:HAPPSTMNDS

BSE code

BSE: 543227

 

Inside Happiest Minds Technologies Limited

Main News

For the year FY2024, Happiest Minds Technologies Limited had an increase in revenue by 13.66% to Rs.1624.66 crores and net profit increased by 7.53% to Rs.248.39 crores.

Happiest Minds Technologies Limited's Fourth quarter results for the year FY2024 indicates that its net profit has increased by 24.83% to Rs.71.83 crores and Operational revenue increased by  10.4% to Rs.417.29 crores.

Corporate Action

In May, 2024, Happiest Minds acquired PureSoftware Technologies worth Rs.779 crores.

In June 2024, Dividend informed by Happiest Minds was Rs.3.25 per Happiest Minds Share Price with share value Rs.2.

Happiest Minds Technologies had an employee count of 5168 with its employee turnover rate of 13%.

Happiest Minds Technologies Share Price 

Company Name

Sector

Share Price Link

Happiest Minds Technologies Limited 

Software & IT Services 

Happiest Minds Share Price NSE

 

Milestones of Happiest Minds Technologies Limited

Year

Milestones

April, 2011

Incorporation of Happiest Minds Technologies Private Limited . Promoter of the company was Mr. Ashok Soota . Established the company in India, US and UK

2013

Establishment of Happiest Minds at Australia

2015

CMDB II invested in Happiest Minds.

The company recognized itself with brand name ‘The Mindful IT company’

2016

Establishment of Happiest Minds at Dubai

2017

Acquired Erstwhile subsidiary’s membership interests.

Launched Centre of Excellence for Internet

Of Things and Analytics.

Entered into Business Transfer Agreement with Cupola

2019

Offered various emerging digital technology services to its client base.

Recognized the company’s brand name as ‘ Born Digital. Born Agile’

2020

Listed on Stock Exchange

2022

Won awards like Golden peacock and Microsoft partner of the year.

Partnered with CloudFabrix’s RDAF

2023

Won awards like SAFA Best Presented Annual Report , procurement organization of the year, LACP spotlight awards and Trailblazers of APAC IBM Partner Plus Awards.

Happiest Minds Technologies Limited Awards & Achievements

'Corporate Governance Excellence' by Golden Peacock and ICSI.

Certified to be 'Great Place to Work' in top 50 in Health & Wellness 2023

ISO 9001:2015 certified for quality management services

ISO 27001:2013 certified for ISM system

ISO 27701:2019 certified for privacy IMS.

CREST certified for PTO in EMEA.

CNBC -TV18 award for India Risk Management in 2024

ISOL Corporate award on Sustainability basis on Value .

100 Best companies for females in the country in 2023 by Avtar & Seramount.

Award for Best Security Technology by IDEA award and many more .

Conclusion

Happiest Minds Technologies Limited has positioned itself as an IT company with strong growth in revenue. It has strategized innovation in emerging technologies which led to its growth in the trajectory.

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Frequently Asked Questions

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Where to find Current Happiest Minds Share Price?

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What will be the target for Happiest Minds Share Price in 2024?

Happiest Minds share price target for the year 2024 would be between Rs. 849.40 to Rs.873.25 .For real-time insights into the future of Happiest Minds Share Price, visit Enrich Money

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