Latent View Analytics Limited IPO (Latent View Analytics IPO) Detail

Nov 10, 2021 - Nov 12, 2021

Incorporated in 2006, 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.

Competitive Strengths:

  • One of the leading pure-play data analytics companies in India
  • Extensive experience across a range of data and analytics capabilities
  • Blue-chip clients across industries and geographies
  • Focus on innovation and R&D
  • Scalable and attractive financial profile
  • Strong, experienced leadership team

Company Promoters:

Adugudi Viswanathan Venkatraman and Pramadwathi Jandhyala are the company promoters.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
  30-Jun-21 30-Jun-20 31-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
Profit After Tax 223.14 228.04 914.63 728.45 596.65

Objects of the Issue:

  • Funding inorganic growth initiatives;
  • Funding working capital requirements of Latent View Analytics Corporation, company’s material subsidiary;
  • Investment in subsidiaries to augment their capital base for future growth; and
  • General corporate purposes

Latent View Analytics IPO Details

IPO Opening Date Nov 10, 2021
IPO Closing Date Nov 12, 2021
Issue Type Book Built Issue IPO
Face Value ₹1 per equity share
IPO Price ₹190 to ₹197 per equity share
Market Lot 76 Shares
Min Order Quantity 76 Shares
Listing At BSE, NSE
Issue Size[.] Eq Shares of ₹1
(aggregating up to ₹600.00 Cr)
Fresh Issue[.] Eq Shares of ₹1
(aggregating up to ₹474.00 Cr)
Offer for Sale[.] Eq Shares of ₹1
(aggregating up to ₹126.00 Cr)
Employee Discount 19

Latent View Analytics IPO Tentative Timetable

The Latent View Analytics IPO open date is Nov 10, 2021, and the close date is Nov 12, 2021. The issue may list on Nov 23, 2021.

IPO Open Date Nov 10, 2021
IPO Close Date Nov 12, 2021
Basis of Allotment Date Nov 17, 2021
Initiation of Refunds Nov 18, 2021
Credit of Shares to Demat Account Nov 22, 2021
IPO Listing Date Nov 23, 2021

Latent View Analytics IPO Lot Size

The Latent View Analytics IPO market lot size is 76 shares. A retail-individual investor can apply for up to 13 lots (988 shares or ₹194,636).

Application Lots Shares Amount (Cut-off)
Minimum 1 76 ₹14,972
Maximum 13 988 ₹194,636

Latent View Analytics IPO Promoter Holding

Pre Issue Share Holding 79.30%
Post Issue Share Holding

Latent View Analytics IPO Review

The company is in data analytics services and has created a niche place. It has been earning healthy margins on its contracts with many Fortune 500 companies globally. It may generate a first-mover fancy post listing. Data analysis is gaining momentum and thus this company has bright prospects ahead. Based on financial parameters, the issue appears fully priced. However, investors may consider investment for the medium to long term rewards. Read detail review...

Latent View Analytics IPO Subscription Status (Bidding Detail)

The Latent View Analytics IPO is subscribed 326.49 times on 11/12/2021 5:00:00 PM. The public issue subscribed 119.44 times in the retail category, 145.48 times in the QIB category, and 850.66 times in the NII category. Check Day by Day Subscription Details (Live Status)

Application Wise IPO Subscription (Retail): 94.91 times

CategorySubscription (times)

Latent View Analytics IPO Prospectus

Latent View Analytics IPO Rating

Rating:Rated 4.3 stars
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Latent View Analytics IPO Listing Date

Listing Date Tuesday, November 23, 2021
BSE Script Code 543398
Listing In B Group of Securities
IPO Price ₹197 per equity share
Face Value ₹1 per equity share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Latent View Analytics Limited
5th Floor, Neville Tower, Unit 6,7 and 8,
Ramanujan IT City, Rajiv Gandhi Salai, Taramani,
Chennai- 600113, Tamil Nadu, India
Phone: +91 044 4344 1700

Latent View Analytics IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Latent View Analytics IPO FAQs

Latent View Analytics IPO is a main-board IPO of [.] equity shares of the face value of ₹1 aggregating up to ₹600.00 Crores. The issue is priced at ₹190 to ₹197 per equity share. The minimum order quantity is 76 Shares.

The IPO opens on Nov 10, 2021, and closes on Nov 12, 2021.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Latent View Analytics IPO using UPI as a payment gateway. Zerodha customers can apply in Latent View Analytics IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Latent View Analytics IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Latent View Analytics IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Latent View Analytics IPO opens on Nov 10, 2021 and closes on Nov 12, 2021.

Latent View Analytics IPO lot size is 76 Shares and the minimum order quantity is 76 Shares.

You can apply in Latent View Analytics IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Latent View Analytics IPO will be done on Nov 17, 2021, and the allotted shares will be credited to your demat account by Nov 22, 2021. Check the Latent View Analytics IPO allotment status.

The Latent View Analytics IPO listing date is on Tuesday, November 23, 2021.

Latent View Analytics IPO Message Board

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