Latentview Analytics IPO
Latent View Analytics Ltd.
IPO Listing Details
Listed On
BSE & NSE
Listed On
Issue Price
₹197
Issue Price
Listing Price
₹530
Listing Price
Listing Gains
+₹333.00 (+169.04%)
Listing Gains
IPO Details
Bidding Dates
10 Nov - 12 Nov '21
Bidding Dates
Min. Investment
₹14,440
Min. Investment
Lot Size
76.00
Lot Size
Price Range
₹190 - ₹197
Price Range
Issue Size
579 Cr
Issue Size
Subscription Rate
- Retail Individual Investor119.44x
- Non-Institutional Investor850.66x
- Qualified Institutional Buyers145.48x
- Employees3.87x
About Company
Latentview Analytics' IPO, a combination of fresh issues and an offer for the sale of shares, is all prepared to go live from the 10th of November 2021. The offering that is looking forward to raising ₹6 billion from the general public shall close on 12th November 2021. The market lot size of Latentview shares is set to be 76 units, and each shall range between the price band of ₹190 and ₹197 per unit. Out of the total issue, 79% is a fresh issue, whereas current shareholders are offloading 21% of stocks.
About Latentview Analytics
Latentview is a leading provider of analytics services. It was formed in 2006, and since then, for the past 15 years, the company has been specializing in analytics advisory, programmed solutions, and advanced forecasting analytics.
It has a global presence across the continents of America, Europe, and Asia. The company's clientele includes US-based big companies like Uber, Adobe, and 7-Eleven.
Their business operations are broadly categorized into four types, consultation, data engineering, business analytics, and automated solutions.
Their team provides professional expertise across various industries and domains such as supply chain, micro rental services, software, and manufacturing sectors.
Why should you invest in Latent View Analytics Ltd. IPO?
Latentview's analytics has a unique combination of skills that enable them to solve business challenges. This unique trait helps their valuable workforce deliver astounding results.
The company has a global presence that includes the USA, Germany, Singapore, and London, and they have worked with 30+ Fortune500 organisations in the last couple of years.
The company focuses on research and development as much as it does on the innovation of new analytical tools. With their extensively knowledgeable and impregnable team, they lead their industry in India.
Financial Snapshot
The company's past three years financial position is displayed in the following table:
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ParticularsFY 2020-2021FY 2019-2020FY 2018-2019
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Revenue₹3058.80 mn₹3103.60 mn₹2879.30 mn
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Expenditure₹2107.90 mn₹2397.80 mn₹2254.00 mn
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Profit/(Loss) After Tax₹914.60 mn₹728.50 mn₹596.70 mn
There is a consistent rise in the profitability of the company. Though there was a slight decline in revenue in FY 20-21, the company managed to curb down the cost and increase the PAT.
Latentview Analytics IPO Dates
Following are some important events and their respective dates to take note of:
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EventsImportant Dates
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Application opens on10th November
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Last date of application12th November
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Date of allotment16th November
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Refund begins from17th November
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Stocks get credited in DEMAT A/C on18th November
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The stock gets listed on exchanges on22nd November
Latent View Analytics Ltd. IPO - SWOT Analysis
Strengths:
With a wide variety of services, they can meet the needs of any organization. They built many digital solutions systems such as MatchView for consumer growth and innovative solutions like Casper that automated tasks for their clients.
Weaknesses:
They mainly focus on the renewal of their clients' contracts. If these clients decline to update their agreement, the company's income will significantly get affected. Their exposure to forex risks goes higher as their income from outside India rises. This is because the company's business is conducted in various currencies.
Opportunities:
Due to the rise of fraud in the northern region of the USA, the company benefited as many clients sought their service. This has put them in a better position to expand. In the future, it could create opportunities for exponential growth.
Threats:
Inflation harms the company's performance. The dependency of business is on foreign clients, and global vulnerability has effects on the company.
Noteworthy highlights/Competitive strengths
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They have worked with major companies like Uber, Adobe, and 7-Eleven.
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The company retains its clients with good relations, and more than 50% of its revenue for 2021 comes from renewed contracts of previous clients.
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It has a global presence with offices in cities like Singapore, London, and SanJose.
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In 2018, they earned an award for forecasting vehicle-related risks with the help of artificial intelligence.
How to apply for Latent View Analytics Ltd. IPO?
You can apply for the Latent View Analytics Ltd. IPO in these ways:
UPI
Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.
Demat Account
1. If you are an Existing TradeSmart demat account holder and wish to apply for an Latent View Analytics Ltd. click here.
2. If you don't have a TradeSmart Account? Sign up.
