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

IPO Doc

(D)RHP PDF  

(D)RHP PDF

Subscription Rate - Latent View Analytics Ltd. IPO

  • Retail Individual Investor
    119.44x
  • Non-Institutional Investor
    850.66x
  • Qualified Institutional Buyers
    145.48x
  • Employees
    3.87x


About Latent View Analytics Ltd. IPO

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:

  • Particulars
    FY 2020-2021
    FY 2019-2020
    FY 2018-2019
  • Revenue
    ₹3058.80 mn
    ₹3103.60 mn
    ₹2879.30 mn
  • Expenditure
    ₹2107.90 mn
    ₹2397.80 mn
    ₹2254.00 mn
  • 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:

  • Events
    Important Dates
  • Application opens on
    10th November
  • Last date of application
    12th November
  • Date of allotment
    16th November
  • Refund begins from
    17th November
  • Stocks get credited in DEMAT A/C on
    18th November
  • The stock gets listed on exchanges on
    22nd November


SWOT Analysis - Latent View Analytics Ltd. IPO

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

  • They have worked with major companies like Uber, Adobe, and 7-Eleven.

  • The company retains its clients with good relations, and more than 50% of its revenue for 2021 comes from renewed contracts of previous clients.

  • It has a global presence with offices in cities like Singapore, London, and SanJose.

  • 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.

Looking to invest in an IPO?

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Frequently Asked Questions (FAQs) - Latent View Analytics Ltd. IPO

Who are the lead managers to this issue?

Axis Capital Ltd, Haitong Securities (I) Pvt. Ltd., and ICICI Securities Ltd. are the lead managers to this issue.

What are some important dates related to the Latentview Analytics IPO?

The offering shall open on 10th November 2021 and close on 12th November 2021. The allotment date is 16th November, and the stock shall list on the exchanges on 22nd November 2021.

Where will the shares of the company be listed?

The shares of Latentview Analytics shall be listed on National Stock Exchange and Bombay Stock Exchange on the 22nd of November 2021.

Who is the registrar of this offering?

Link Intime (I) Pvt. Ltd. is the registrar to this ₹6 billion offer.

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