Latent View Analytics was incorporated on January 3, 2006. The company engages and provides services to blue chip companies in Technology, BFSI, CPG & Retail, Industrials and other industries.
| Bidding Dates |
|---|
| 10 Nov 2021 - 12 Nov 2021 |
| Subscription |
|---|
| 326.49x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,972 | 1 | 13 | 76 | 30.5 M | ₹190 - ₹197 | 84.6 % | ₹5786.8 M - ₹6000.0 M | RHP DOC |
Latent View Analytics IPO SUBSCRIPTION STATUS
12 Nov '21Latent View Analytics IPO overall subscription rate was 326.49 times the total available shares
Latent View Analytics IPO retail subscription rate was 119.44 times in the retail segment
Latent View Analytics IPO non-institutional investor subscription rate was 850.66 times in the non-institutional investor category
Latent View Analytics IPO Qualified Institutional Bidder subscription rate was 145.48 times the available shares for Qualified Institutional Bidder
Latent View Analytics IPO Employees subscription rate was 3.87 times in the Employees category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers | Employees |
|---|---|---|---|---|
| Category Reservation | 10% | 15% | 75% | - |
12 Nov 2021 (Day 3) | 119.44x | 850.66x | 145.48x | 3.87x |
11 Nov 2021 (Day 2) | 69.56x | 33.29x | 3.51x | 2.61x |
10 Nov 2021 (Day 1) | 31.62x | 2.42x | 0.15x | 1.24x |
Latent View Analytics FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) | Margins |
| Q1FY22 | 223.1 | 878.3 | 159.9 | 148.4 | 32.7% |
| Q1FY21 | 228.0 | 730.3 | 442.5 | 442.4 | 39.2% |
| FY21 | 914.6 | 3,058.8 | 898.9 | 880.5 | 36.9% |
| FY20 | 728.5 | 3,103.6 | 629.7 | 597.1 | 30.9% |
| FY19 | 596.7 | 2,879.3 | 644.1 | 628.1 | 27.1% |
Latent View Analytics IPO SUBSCRIPTION STATUS DETAILS
Latent View Analytics had 30.5 M shares on offer
Latent View Analytics IPO offer price was in the range ₹190 - ₹197
Latent View Analytics IPO minimum Investment was ₹14972
Latent View Analytics IPO issue size was ₹ 5786.8 M - ₹ 6000.0 M
Latent View Analytics had a minimum lot size of 76 Shares per application
Latent View Analytics NUMBER OF SHARES ON OFFER
Latent View Analytics IPO IMPORTANT DATES
| Issue Open Date | 10 Nov 2021 |
| Issue close Date | 12 Nov 2021 |
| Allotment Date | 17 Nov 2021 |
| Refund Date | 18 Nov 2021 |
| Demat Account Credit Date | 22 Nov 2021 |
| Listing Date | 23 Nov 2021 |
| Listing on Exchange(s) | NSE and BSE |
| Latent View Analytics Allotment Status | Exchange |
Latent View Analytics IPO subscription opened on 10 Nov 2021, and closed on 12 Nov 2021
IPO allotment for Latent View Analytics was finalized on Wednesday, 17 Nov 2021
IPO listing for Latent View Analytics was on NSE and BSE on Tuesday, 23 Nov 2021
Latent View Analytics IPO LISTING GAINS
| Issue Price (adjusted) | 197.0 |
| Listing Open Price | 530.0 |
| Listing Close Price | 488.6 |
| Listing Gain% | 169.0% |
| Current Gain% | 51.2% |
Latent View Analytics Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latent View Analytics Ltd. | 297.8 | 5889.9 | 31.5 | 6.3 | 5.5 | 11.3 | 9.4 | 1136 | 23.9 | 198.1 | 13.7 | 9.4 | 5 |
| Computer Age Management Services Ltd. | 789.4 | 19601.9 | 39.6 | 7.8 | 12.6 | 36 | 26.3 | 1567.4 | 6.3 | 476 | 1.2 | 19.9 | 5.1 |
| Ikoma Technologies Ltd. | 68.6 | 159.1 | 813.2 | -9.5 | 95.6 | 2.4 | 1.4 | 1.7 | -91.5 | 0.2 | -82.8 | 0.1 | -85.2 |
| Enfuse Solutions Ltd. | 171.9 | 152.1 | -9.9 | -78.2 | -28.1 | 59.4 | 34 | -15.4 | -575.1 | -17.4 | |||
| Reliable Data Services Ltd. | 147 | 151.7 | 21.7 | -1.6 | 0.8 | 9.8 | 3.8 | 185.4 | 37.1 | 7 | -22.6 | 6.8 | -14 |
| Titan Intech Ltd. | 1 | 84 | 15.1 | 0.4 | 2.5 | 3.4 | 2.9 | 34.4 | 26.8 | 5.6 | 40.6 | 0.1 | 40.5 |
Latent View Analytics INFORMATION ON IPO ISSUE
About Latent View Analytics
Latent View Analytics was incorporated on January 3, 2006. The company engages and provides services to blue chip companies in Technology, BFSI, CPG & Retail, Industrials and other industries.
Object of the Issue
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; and
4. General corporate purposes
Latent View Analytics - PROMOTERS
| Name |
|---|
| Adugudi Viswanathan Venkatraman |
| Pramadwathi Jandhyala |
Latent View Analytics Book Running Lead Managers
Axis Capital Limited
latentview.ipo@axiscap.in
ICICI Securities Limited
latentview.ipo@icicisecurities.com
Haitong Securities India Private Limited
latentview.ipo@htisec.com
Latent View Analytics Registrar to the Offer
Link Intime India Private Limited
latentview.ipo@linkintime.co.in
Latent View Analytics Strengths
Blue-chip clients across industries and geographies
Focus on innovation and R&D
Scalable and attractive financial profile
Strong, experienced leadership team
Latent View Analytics Risks
Historically, the company has entered into long-term partnerships with a few of the key clients, which has resulted in a limited number of clients accounting for a substantial portion of revenue
The company derives 90% of its revenue from USA customers, hence, exchange rate fluctuation may hamper the business
IPO FAQs
This IPO consists of an offer for sale of up to Rs 126.0 crore, of 6,395,939 shares. It also consists of a fresh issue of Rs 474.0 crore.
The promoters of the company are Adugudi Viswanathan Venkatraman and Pramadwathi Jandhyala.
The category allocation of qualified institutional buyers is 75.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 10.0%.
The price band of the IPO is Rs 190.0 - 197.0.
The IPO application opens on Nov 10, 2021 and closes on Nov 12, 2021.
The minimum lot size for the IPO is 76. The maximum lot size for the IPO is 988.
For all category investors, the minimum application amount for this IPO is Rs. 14,972.0, the maximum value for this IPO is Rs 194,636.0.
This IPO will be allotted on Nov 17, 2021.
The refund will be credited to your account on Nov 18, 2021.
The allotted shares will be credited to your demat on Nov 22, 2021.
Latent View Analytics Ltd.’s shares listed on the stock exchanges on Nov 23, 2021.