IPO

Latent View Analytics Limited IPO

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

₹ 14972 /76 Shares

Check Allotment

10 Nov, 2021

Open Date

12 Nov, 2021

Close Date

17 Nov, 2021

Allotment Date

23 Nov, 2021

Listing Date
Price Summary

Last Closing

482.00 (144.67%)

52 Week High

517.50

52 Week Low

341.20

Last Update

19-Dec-2025 3:30 PM
IPO Issue Details
  • Issue Price ₹190-197 per equity share
  • Face Value ₹1 Per Equity Share 
  • Issue Price Total 600 Crores: ₹474.00 Cr Fresh Issue + ₹126.00 Cr Offer for Sale
  • Listing at BSE, NSE
  • List Price 512.20(NSE)
  • Listing Date 2021-11-23
  • Lead Manager Axis Capital Limited, Haitong Securities India Private Limited, ICICI Securities Limited
  • Registrar Link Intime India Private Ltd
IPO Details
  • Retail Portion 10% (Number of Retail Applications : 39,600 Approx)
IPO Documents
DRHP
RHP
IPO Details


The IPO of is priced at ₹190-197 per equity share, which has a face value of ₹1 Per Equity Share  each, IPO bidding starts from Nov 10, 2021 and ends on Nov 12, 2021. The allotment for IPO will be finalized on Nov 17, 2021. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Nov 23, 2021. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are Axis Capital Limited, Haitong Securities India Private Limited, ICICI Securities Limited.


The IPO sets its price band at 190-197 for each share. A single application for Latent View Analytics Limited IPO must contain at least 76 shares.

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IPO Subscription Analysis And Details
Retail
119.01x
QIB
145.48x
NII
850.67x
Total
326.41x
As on QIB NII Retail Total
Shares Offered / Reserved 90,35,933 45,17,966 30,11,977 169,02,954
Day 1 10-11-21 04:30 PM
0.15 x 2.41 31.01 x 6.27 x
Day 2 11-11-21 04:30 PM
3.00 x 33.28 69.55 x 23.22 x
Day 3 12-11-21 05:00 PM
145.48 x 850.67 119.01 x 326.41 x
Total No of Applications
3760449
Subscription on the basis of Applications
94.89
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
In Crs.
In Cr.
31-Mar-21 31-Mar-20 31-Mar-19
Assets 519.19 397.85 323.68
Revenue 326.70 329.67 295.90
Profit After Tax 91.46 72.84 59.66
About 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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- Promoter(s)

Adugudi Viswanathan Venkatraman

Pramadwathi Jandhyala

Pre Issue Share Holding : 79.30%

Post Issue Share Holding : N/A%

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 - Peers Comparison
P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Latent View 2.44 37.94 20.89% 326.70
Happiest Minds 32.00 117.8 27.16% 796.65