Latent View Analytics Limited IPO GMP
Latent View Analytics IPO is a data analytics organization that helps businesses accelerate digital transformation and acquire a competitive edge via data. Its registrant, Link Intime India Private, would handle the share allocation and refund.
According to brokerages, the share allocation in the Latent View Analytics offering is expected to take place on November 16 and the percentage on November 22. Latent View Analytics IPO Review
The IPO consists of a new offering of equity shares worth Rs.474 crore and a promoter and existing shareholders’ offer to sell equity shares worth Rs.126 crore.
The proceeds from the new stock offering will be utilized to support inorganic growth plans, working capital needs, and other general business objectives.
Promoter Adugudi Viswanathan Venkatraman will sell 60.14 crore shares, stakeholder Ramesh Hariharan will sell 35 crore shares, and Gopinath Koteeswaran will sell 23.52 crore shares as part of the offer for sale.
Latent View Analytics Share Price Today
The Latent View Analytics initial public offering (IPO) is scheduled to begin on November 10, 2021. Lot Size in an Initial Public Offering (IPO) via Latent View Analytics. The IPO market lot size for Latent View Analytics is 76 shares.
An individual retail investor may apply for up to 13 lots (988 shares, or $194,636).
One of India’s premier pure-play data analytics firms.
- Extensive familiarity with a variety of data and analytics tools.
- Blue-chip clientele from a variety of sectors and locations
- Focus on R&D and innovation
- Financial profile that is both scalable and appealing
- Team of capable and experienced leaders
Latent View Analytics Lot Size
- Investing in activities that promote inorganic growth;
- Funding the operating capital needs of Latent View Analytics Corporation, a significant subsidiary of the corporation;
- Investment in subsidiaries to boost their capital basis in preparation for future expansion; and
- Corporate purposes in general
How can I apply for the IPO of Latent View Analytics?
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Latent View Analytics Limited Allotment Today
How can I use Upstox to apply the Latent View Analytics IPO?
With your credentials, log on to the Upstox Application. Choose an initial public offering (IPO). The name of the IPO is “Latent View Analytics.” Bid Button should be selected. Check the status of your application. To approve The mandate, go to your UPI App on Net Banking or BHIM App. With Upstox, you may open a Demat account.
The blocked money, if any, will be unblocked/released on or before the UPI mandate expiration date if you have not been assigned or for any partial allocation of IPO shares. If monies are not unblocked/released after the mandate expires, don’t hesitate to contact your bank.
Latent View Analytics Price Today
– The reference of IPO Grey Market Premium (IPO GMP) is only applicable for the date specified in the header.
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The GMP rates for IPOs are based on market information. Please keep in mind that these IPO GMP rates may vary by geography and market.
IPO Information for Latent View Analytics
Venkatraman now owns 69.63 percent of the business, Koteeswaran owns 7.74 percent, and Hariharan owns 9.67 percent. The issue’s book running lead managers are Axis Capital, ICICI Securities, and Haitong Securities India.
Latent View offers data and analytics consultancy, business analytics and insights, advanced predictive analytics, data engineering, and digital solutions. Latent View had sales of 326 crores in 2020-21, with a net profit of 91 crores.
According to the prospectus, the analytics services industry will expand at a 19 percent compound annual growth rate (CAGR) and reach $68 billion in 2024. According to the report, India is the primary outsourcing destination for analytics, with Indian organizations like as Multi-Service Providers and Pure Play Analytics firms accounting for almost 40% of the addressable market.