IPO

Latent View Analytics Limited IPO

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Listed On: Nov 23, 2021 at ₹ 512.20(NSE)

₹ 14972 /76 Shares

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Price Summary

Last Closing

444.05 (125.41%)

52 Week High

575.00

52 Week Low

430.00

Last Update

25-Nov-2024 3:30 PM

IPO Details

10 Nov, 2021

Open Date

12 Nov, 2021

Close Date

17 Nov, 2021

Allotment Date

23 Nov, 2021

Listing Date

Issue Price

₹190-197 per equity share

Face Value

₹1 Per Equity Share 

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

512.20(NSE)

Listing Date

2021-11-23

Market Lot

76 Shares (₹14,972/-)

Lead Manager

Axis Capital Limited, Haitong Securities India Private Limited, ICICI Securities Limited

Issue Size

Total 600 Crores: ₹474.00 Cr Fresh Issue + ₹126.00 Cr Offer for Sale

Retail Portion

10% (Number of Retail Applications : 39,600 Approx)

Subscription

326.41 times

IPO Docs

DRHP RHP

IPO Subscription Details

As onQIBNIIRetailTotal
Shares Offered / Reserved90,35,93345,17,96630,11,977169,02,954
Day 1 - 10-11-21 04:30 PM0.15 x2.4131.01 x6.27 x
Day 2 - 11-11-21 04:30 PM3.00 x33.2869.55 x23.22 x
Day 3 - 12-11-21 05:00 PM145.48 x850.67119.01 x326.41 x
Total No. of Applications: 3760449 (Approx)
Retail Subscription on the basis of Applications: 94.89 times

Valuations

Earnings Per Share (EPS)

₹5.19/-

P/E Ratio

37.94

RoNW

20.89%

Net Asset Value (NAV) - As on 30.06.21

₹25.63

Company Financials All values are in ₹ Cr.

31-Mar-2131-Mar-2031-Mar-19
Assets519.19397.85323.68
Revenue326.70329.67295.90
Profit After Tax91.4672.8459.66

About The Company

Latent View provides analytics services such as data and analytics consulting, business analytics & insights, advanced predictive analytics, data engineering, and digital solutions. The company provides services to blue-chip companies in Technology, BFSI, CPG & Retail, Industrials, and other industry domains. The company classifies its business into - (i) Consulting services, which involves understanding relevant business trends, challenges, and opportunities and preparing a roadmap of data and analytics initiatives that addresses them; (ii) Data engineering, to design, architect, and implement the data foundation required to undertake analytics; (iii) Business analytics, which delivers analysis and insights for clients to make more accurate, timely and impactful decisions; and (iv) Digital solutions which the company develops to automate business processes, predict trends and generate actionable insights.

The company has a presence across countries in the United States, Europe, and Asia through their subsidiaries in the United States, Netherlands, Germany, United Kingdom, and Singapore, and their sales offices in San Jose, London, and Singapore. Latent View has worked with over 30 Fortune 500 companies in the last three fiscals and some of the key clients include Adobe, Uber Technology, and 7-Eleven.

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- Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
Latent View2.4437.9420.89%326.70
Happiest Minds32.00117.827.16%796.65

- Promoter(s)

Pre Issue Share Holding: 79.30%

Post Issue Share Holding: N/A%

Company Promoter(s)

  1. Adugudi Viswanathan Venkatraman
  2. Pramadwathi Jandhyala

IPO - Issue Objectives

  1. Funding inorganic growth initiatives;
  2. Funding working capital requirements of Latent View Analytics Corporation, company’s material subsidiary;
  3. Investment in subsidiaries to augment their capital base for future growth;
  4. General corporate purposes

IPO - Anchor Investors

Latent View Analytics mobilises Rs 267.01 crore from anchor investors day before IPO
Marquee investors that have put money into Latent View included Abu Dhabi Investment Authority, Ashoka India Opportunities Fund, HSBC, Hornbill Orchid India Fund and Wellington India Opportunities Fund.
Aditya Birla Sun Life Trustee, Axis Mutual Fund, ICICI Prudential, Kotak Mutual Fund, Nippon Life, Mirae Asset, SBI Life Insurance, Bajaj Alliance Life Insurance, DSP MF, Franklin, Motilal Oswal MF, UTI MF, and Edelweiss Trusteeship also invested in the company through anchor book.

IPO - FAQs

Ans. Latent View Analytics Limited IPO is a Mainboard IPO. The issue is priced at ₹190-197 per equity share. The minimum order quantity is 76 Shares. The IPO opens on Nov 10, 2021, and closes on Nov 12, 2021. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Latent View Analytics Limited IPO opens on Nov 10, 2021 and closes on Nov 12, 2021.

Ans. The size of Latent View Analytics Limited IPO is Total 600 Crores: ₹474.00 Cr Fresh Issue + ₹126.00 Cr Offer for Sale.

Ans. The IPO price band is set between ₹190-197 per equity share.

Ans. To apply for Latent View Analytics Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Latent View Analytics Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Latent View Analytics Limited IPO is Nov 17, 2021.

Ans. The Latent View Analytics Limited IPO will be listed on Nov 23, 2021.

Ans. Follow the steps to check the allotment status for Latent View Analytics Limited IPO here.