Latent View Analytics IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Nov 17, 2022Let’s have a detailed review of the company and analytics of the Latent View Analytics IPO release date, IPO offer price, subscription, Latent View Analytics Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 1 |
| Price Band | Rs 190 to Rs197 |
| Listing At | BSE, NSE |
| Min. Order Quantity | 76 Shares |
| Listing Date | Nov 22, 2021 |
| Offer for Sale | Rs 1,260 Million |
| Fresh Issue | Rs 4,740 Million |
| IPO Size | Rs 6,000 Million |
| Tick Size | 1 |
Latent View Analytics IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
Latent View Analytics IPO – Summary
They are among the leading pure-play data analytics services companies in India, based on their expertise in the entire value chain of data analytics from data and analytics consulting to business analytics and insights, advanced predictive analytics, data engineering, and digital solutions.
Across industries, data and analytics are being leveraged by enterprises to guide business strategy and optimize spending decisions amid growing financial uncertainties. They engage and provide services to blue-chip companies in Technology, BFSI, CPG & Retail, Industrials, and other industries.
They have emerged as one of the most trusted partners to several Fortune 500 companies in recent years, and have worked with over 30 Fortune 500 companies in the last three Fiscals. Some of the key clients that they work with include Adobe, Uber Technology, and 7-Eleven.
The Promoter of this company is ADUGUDI VISWANATHAN VENKATRAMAN AND PRAMADWATHI JANDHYALA. The lead manager to the issue is Axis Capital Limited, ICICI Securities Limited, and Haitong Securities India Private Limited, and the Registrar to this issue is Link Intime India Private Limited.
Latent View Analytics IPO Date
The opening and the closing date of Latent View Analytics IPO are Nov 10, 2021, and Nov 12, 2021, respectively.
Check out Related IPO Links:
| Latent View Analytics IPO GMP |
| Allotment – Latent View Analytics IPO |
Latent View Analytics IPO Subscription
| Day / Date | QIB | NII | RII | Employee | Total Subscription |
| 1st Day – 10th Nov | 0.15x | 2.42x | 31.62x | 1.24x | 6.39x |
| 2nd Day – 11th Nov | 3.51x | 33.29x | 69.56x | 2.61x | 23.22x |
| 3rd Day – 12th Nov | 145.48x | 850.66x | 119.44x | 3.87x | 326.49x |
| Shares Offered or Net Issue | 9,367,800 | 4,684,210 | 3,122,806 | 350,877 | 17,525,693 |
The shares subscribed by the public will be updated here.
Check Latent View Analytics IPO LIVE Subscription
- Latent View Analytics IPO LIVE Bid details on BSE
- Latent View Analytics IPO LIVE Bid details on NSE
For the Latest Bid details click on the above links.
Latent View Analytics IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Latent View Analytics Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | Nov 16, 2021 |
| Refunds Initiation | Nov 17, 2021 |
| Credit of Shares to Demat Account | Nov 18, 2021 |
| Share Listing Date | Nov 22, 2021 |
Latent View Analytics IPO Price Band
The face value of each share is Rs.1, but the price band of the IPO is Rs 190 to Rs197
Latent View Analytics IPO Size
This Initial Public Issue of X Equity Shares of Rs.1 each for cash at a price of Rs 190 to Rs197 per equity share aggregating to Rs.6,000 Million.
Latent View IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] Equity Shares of Rs.1/ each.
Issue Size: X Equity Shares of Rs.1 each, aggregating to Rs.6,000 Million
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Latent View Analytics IPO – Live Performance
The listing date of this IPO is Nov 22, 2021. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Latent View Analytics Share Price |
Latent View IPO Grey Market Premium
The Latent View Analytics Limited IPO Grey Market Premium price is Rs 300, the Kostak rate is Rs 300 and the Subject to Sauda is 16000.
Latent View Analytics IPO – Company Overview
They serve clients 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.
In Fiscals 2021, 2020, and 2019, revenue from operations from clients in the United States represented 92.88%, 92.33%, and 90.91% of their revenue from operations in such periods, respectively, and revenue from operations from clients in the United Kingdom represented 1.85%, 1.78% and 3.75% of their revenue from operations in such periods, respectively.
They design and engineer result-oriented analytics solutions for clients across industries, that enable them to operate more efficiently by predicting outcomes that fuel digital transformation and sustainability.
Their expertise in business analytics includes analytics with respect to customer profiling, targeted marketing, supply chain management, finance and risk management, and HR functions.
They provide these services on the back of the expertise and understanding they have developed of various AI/ML algorithms that power their digital analytics implementations. Consistently, recognized as leaders in analytics and by Gartner in the Market Guide for Advanced Analytic Service Providers for Marketing in 2017.
Latent View Analytics IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Million) | |||||
| 30-Jun-21 | 30-Jun-20 | Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 5,880.08 | 4,488.80 | 5,191.99 | 3,978.54 | 3,236.83 |
| *Total Revenue | 917.43 | 823.81 | 3,267.08 | 3,296.72 | 2,959.03 |
| Total Expense | 631.71 | 536.92 | 2,107.86 | 2,394.80 | 2,253.98 |
| Profit After Tax | 223.14 | 228.04 | 914.63 | 728.45 | 596.65 |
Earnings per Equity Share (in Million)
| 30-Jun-21 | 30-Jun-20 | Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Basic | 1.30 | 1.34 | 5.35 | 4.28 | 3.52 |
| Diluted | 1.25 | 1.25 | 5.10 | 3.99 | 3.26 |
Further, their PAT for the period ended on March 31, 2020, March 31, 2019, and March 31, 2018, were Rs. 914.63 Million, Rs. 728.45 Million, and Rs. 596.65 Million respectively.
Latent View Analytics IPO – Promoters
The Promoter of this company is:
- ADUGUDI VISWANATHAN VENKATRAMAN
- PRAMADWATHI JANDHYALA
List of Related Parties (Key Managerial Personnel)
- Adugudi Viswanathan Venkatraman, Chairperson, Executive Director
- Pramadwathi Jandhyala, Executive Director
- Dipali Hemant Sheth, Independent Director
- Mukesh Hari Butani, Independent Director
- Raghavendra Raghuttama Rao, Independent Director
- Reed Allen Cundiff, Independent Director
Latent View Analytics IPO – Promoters Holding
- Pre Issue Share Holding – 79.30%
- Pos Issue Share Holding – %
Latent View Analytics IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to X Equity Shares aggregating up to Rs.6,000 Million |
| of which: | |
| Issue Reserved for the Market Makers | Up to [●] Equity Shares aggregating up to Rs.[●] Million |
| Net Issue to the Public | Up to [●] Equity Shares aggregating up to Rs.[●] Million |
| Of which: | |
| Retail Investors Portion | Not less than [●] Equity Shares |
| Other than Retail Individual Investors | Not more than [●] Equity Shares |
| Equity Shares outstanding prior to the Issue | 173,720,925 Equity Shares |
| Equity Shares outstanding after the Issue | X Equity Shares |
Latent View Analytics IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1. Funding inorganic growth initiatives;
2. Funding working capital requirements of LatentView Analytics Corporation, their Material Subsidiary;
3. Investment in their Subsidiaries to augment their capital base for future growth; and
4. General corporate purposes
Latent View Analytics IPO – Business Strategy
- Leverage leadership position and partnerships with leading analytics technology companies to capitalize on growing industry opportunities
- Continue evolution to analytics thought partner on the back of the deep business, technical, math, and consulting expertise
- Strengthen their position among technology clients by focusing on digital native businesses
- Build capabilities and functional expertise with a focus on the BFSI, and CPG & Retail verticals
- Expand their client base and geographic presence
- Strengthen their position globally through select inorganic opportunities
Latent View Analytics IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Recognized leadership position in data and analytics with a wide range of capabilities
- Deep and entrenched relationships with blue-chip clients across industries and geographies
- Consistent client-driven innovation supported by functional expertise
- Scalable and attractive financial profile
- Strong leadership team guiding capability development and go-to-market strategy
The relevant quantitative factors are:
| Basic EPS | Diluted EPS |
RONW (%) | NAV (Rs.) | |
| 31-Mar-21 | 5.35 | 5.10 | 20.89 | 25.63 |
| 31-Mar-20 | 4.28 | 3.99 | 20.94 | – |
| Mar-19 | 3.52 | 3.26 | 22.36 | – |
Latent View Analytics IPO: Competitive Peers
| Face Value (Rs.) | P/E | Basic EPS (Rs.) | Basic EPS (Rs.) |
Return on Net Worth (%) | Total Income (Rs. in Millions) | |
| Latent View Analytics Limited | 1 | [●] | 5.35 | 5.10 | 20.89 | 3,267.08 |
| Listed Peers | ||||||
| Happiest Minds Technologies Limited | 2 | 118.02 | 11.75 | 11.45 | 29.76 | 7,976.5 |
Latent View Analytics IPO Lead Managers
| Lead Managers |
| Axis Capital Limited
ICICI Securities Limited Haitong Securities India Private Limited |
Latent View Analytics IPO Registrar to offer
| Registrar to the Offer |
| Link Intime India Private Limited C-101, 1st Floor 247 Park Lal Bahadur Shastri Marg Vikhroli (West) Mumbai 400 083 Maharashtra, India Tel: +91 22 4918 6200 E-mail: latentview.ipo@linkintime.co.in Website: www.linkintime.co.in Investor grievance e-mail: latentview.ipo@linkintime.co.in Contact Person: Shanti Gopalkrishnan SEBI Registration No.: INR000004058 |
Latent View IPO – Other Details
- Statutory Auditor – B S R & CO. LLP, Chartered Accountants
- Legal Counsel to the Company – J. Sagar Associates
- Bankers to the Company – Axis Bank Limited
Latent View IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Latent View Analytics Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Latent View Analytics IPO Review FAQs
Ques – What is the Issue Size of Latent View IPO?
Answer – The Company is making an initial public offer of NA equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
Ques – What is the Price band of Latent View IPO?
Answer – The price band for this particular IPO ranges between Rs 190 to Rs197. As far as the face value of the share is of concern, it is Rs.1 per share.
Ques – What is the Latent View IPO Open Date?
Answer – The opening and closing dates for this IPO have been updated. The IPO is set to open on Nov 10, 2021, while the closing date is set at Nov 12, 2021.
Ques – What is the Latent View Analytics IPO Allotment Date?
Answer – They also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on Nov 16, 2021, refund initiation is on Nov 17, 2021, credit of shares is on Nov 18, 2021, and share listing date is on Nov 22, 2021.
Ques – What is the Latent View Analytics IPO Listing Date?
Answer – Shares of this company shall be listed in the exchanges on Nov 22, 2021. The date, when the listing would be done, is stagnant on Nov 22, 2021.
Ques – Who is the Registrar of Latent View IPO?
Answer – One of the reputed registrars is managing the issue of this IPO, i.e. Link Intime India Private Limited. Their website will help you regarding the further information you are on the lookout for.
Ques – Who is the Promoter of Latent View IPO?
Answer – Here are the promoters of this IPO – ADUGUDI VISWANATHAN VENKATRAMAN AND PRAMADWATHI JANDHYALA. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
Ques – What is the GMP of Latent View IPO?
Answer – They have obtained the GMP of this IPO and it is Rs 300. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Ques – Is Latent View IPO good for Investment?
Answer – They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
Ques – What is the PAT of Latent View?
Answer – They have the information of company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2021 in Million is 914.63, 2020 is 728.45, 2019 is 596.65.
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