Ashok Soota promoted Happiest Minds Technologies Limited IPO was oversubscribed 151 times on NSE as per the data available on the NSE website. Technical Analyst Nilesh Jain of Anand Rathi Securities said that the company got a good response and he expected listing gains of 40-50 per cent for the investors who had bought the shares during the Initial Public Offering (IPO) which was open between 7 September and 9 September.