Latent View IPO Live Subscription Status

Live subscription status across each investor category and analyst recommendations
latent view IPO Subscription

Latent View IPO Subscription Status: Final

Latent View Analytics Limited is one of the leading pure-play data analytics services companies in India. They engage and provide services to bluechip 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 include Adobe, Uber Technology, and 7-Eleven.

Investor CategoryQuotaSubscription
Institutional (QIB)50%145.48x
Non-Insti. (HNI)15%850.66x
Retail (RII)35%119.44x
Employee3.87x
Total Subscription100%326.49x

Latent View IPO Subscription: Analyst Recommendations

CHOICE BORKING – SUBSCRIBE [ Report ]

“At a higher price band of Rs. 197, LVAL is demanding a P/E multiple of 42.8x, which is at a significant discount to its sole peer company. However, the demanded valuation is at a premium to sector P/E multiple. We feel in the future there will be a great demand for pure-play analytics companies like LVAL, which is engaged in providing analytics services, offering an in-depth understanding of solving complex customer problems, and assisting business entities in making an informed decision.”

ANGEL ONE – SUBSCRIBE

“Latent View provides niche solutions which are mostly in the Descriptive and Diagnostic solutions and Predictive analytics segments. These are expected to grow faster than the overall Data & Analytics market. The company is raising fresh capital and already has around ₹300 crore in cash which can aid in chasing growth. Hence on a forward basis, the valuations are quite attractive and hence we recommend SUBSCRIBE on the issue,”

RELIGARE BROKING – SUBSCRIBE

“We believe Latent view has distinctive product offerings, relevant experience and capabilities to manage customers which aid in driving the company’s revenue and operating efficiencies. On the financial front, the company’s performance is decent. From a long term perspective, we have a positive view on the company”

Latent View IPO Subscription: End of Day Update

DayDay 1Day 2Day 3
QIB 0.15x 3.51x 145.48x
HNI2.42x33.29x850.66x
Retail31.62x69.56x119.44x
Exployee1.62x2.61x3.87x
Total6.39x 23.22x 326.49x

Latent View IPO Subscription: Key IPO Details

TypeValue
Issue Size600 Cr
Open Date10/11/2021
Close Date12/11/2021
Face Value₹1/- per Equity Share
IPO Price₹190 – ₹197
Lot Size76 shares
LotsMin 1 – Max 13

Latent View IPO Subscription: Financials

201920202021 Mar2021 Jun
Revenue from Ops₹287.9₹310.4₹305.9₹87.8
Profit before Excep*₹70.5₹90.2₹115.9₹28.6
Profit after Tax59.7₹72.8₹91.5₹22.3
EPS (Basic)3.524.285.351.30
*Tax and Exceptional Items | ₹ in Crores, except EPS

As of March 2020EPS (Avg*)P/E (Floor)P/E (Cap)
Based on basic EPS4.6940.52 42.00
* Weighted Average for last 3 years

Latent View IPO Subscription: Comparison with listed industry peers

CompanyEPSP/E
Latent View5.7540.52
Happiest Minds11.75118.02

Latent View IPO Subscription – FAQs

1. How to apply for Latent View IPO in the Retail Category?

A: An investor in the retail category may either apply through the UPI process via DEMAT account or the ASBA process via bank account

2. How to apply for Latent View IPO in HNI Category?

A: An investor can apply in the HNI category only through the ASBA process via bank account

3. Where can I find the Red Herring Prospectus (RHP) details?

A: You can visit the NSE or SEBI website for these details. Alternately you can click here: RHP

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