Latent View IPO description – The company is a leading pure-play data analytics services companies in India, based on its expertise of the entire value chain of data analytics from data and analytics consulting to business analytics and insights, advanced predictive analytics, data engineering and digital solutions. Across industries, data and analytics are being leveraged by enterprises to guide business strategy and optimize spending decisions amid growing financial uncertainties.
The company engages and provides services to blue chip companies in Technology, BFSI, CPG & Retail, Industrials and other industries. It has emerged as one of the most trusted partners to several Fortune 500 companies in recent years, and has worked with over 30 Fortune 500 companies in the last three Fiscals. Some of the key clients that it works with include Adobe, Uber Technology and 7-Eleven.
The company provides services primarily to companies in Technology, CPG and Retail, Industrials, and BFSI industries. It has clients across countries in the United States, Europe, and Asia through subsidiaries in the United States, Netherlands, Germany, United Kingdom and Singapore, and has sales offices in San Jose, London and Singapore. In Fiscals 2021, 2020 and 2019, revenue from operations from clients in the United States represented 92.9%, 92.3% and 90.9% of its revenue from operations in such periods, respectively.
Promoters of Latent View – Adugudi Viswanathan Venkatraman and Pramadwathi Jandhyala
Latent View IPO details
| Subscription Dates | 10 – 12 November 2021 |
| Price Band | INR190 – 197 per share |
| Fresh issue | INR474 crore |
| Offer For Sale | INR126 crore |
| Total IPO size | INR600 crore |
| Minimum bid (lot size) | 76 shares |
| Face Value | INR1 per share |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
Latent View Analytics’ Financial Performance (in INR crore)
| Â | FY2019 | FY2020 | FY2021 | Q1 FY2022 |
| Revenue | 295.9 | 329.7 | 326.7 | 91.7 |
| Expenses | 225.4 | 239.5 | 210.8 | 63.2 |
| Net income | 59.7 | 72.8 | 91.5 | 22.3 |
| Margin (%) | 20.2 | 22.1 | 28.0 | 24.3 |
Latent View IPO News
Latent View Valuation (as of FY2021)
Earnings Per Share (EPS): INR5.10
Price/Earnings (PE ratio): 37.25 – 38.63
Return on Net Worth (RONW): 20.89%
Net Asset Value (NAV): INR25.63 per share
Latent View IPO GMP Daily Trend
| Date | Latent View IPO GMP | Kostak | Subject to Sauda |
| 22 Nov 2021 | INR350 | – | – |
| 20 Nov 2021 | INR350 | – | – |
| 19 Nov 2021 | INR300 | – | – |
| 18 Nov 2021 | INR350 | INR350 | INR18,500 |
| 17 Nov 2021 | INR360 | INR350 | INR17,000 |
| 16 Nov 2021 | INR350 | INR300 | INR17,000 |
| 15 Nov 2021 | INR300 | INR300 | INR16,000 |
| 13 Nov 2021 | INR270 | INR280 | INR13,500 |
| 12 Nov 2021 | INR250 | INR250 | INR13,000 |
| 11 Nov 2021 | INR300 | INR220 | INR11,000 |
| 10 Nov 2021 | – | INR200 | INR10,000 |
Latent View IPO Subscription – Live Updates
| Category | Shares Offered | Day 1 | Day 2 | Day 3 |
| QIB | 93,67,800 | 0.15 | 3.51 | 145.48 |
| NII | 46,84,210 | 2.42 | 33.29 | 850.66 |
| Retail | 31,22,806 | 31.62 | 69.56 | 119.44 |
| Employees | 3,50,877 | 1.24 | 2.61 | 3.87 |
| Total | 1,75,25,693 | 6.39 | 23.22 | 326.49 |
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Latent View IPO Registrar
Link Intime India Private LimitedÂ
C-101, 1st Floor,
247 Park Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email:Â [email protected]
Website:Â http://www.linkintime.co.in
Latent View Contact Details
Latent View Analytics Limited
5th Floor, Neville Tower, Unit 6,7 and 8
Ramanujan IT City, Rajiv Gandhi Salai
Taramani, Chennai- 600113
Phone:Â +91 044 4344 1700
Email:Â [email protected]
Website:Â www.latentview.com
Latent View IPO Allotment Status
Latent View Analytics IPO allotment is now available on Link Intime’s website. Click on this link to get allotment status.
Meanwhile, bank debits and unlocking of application amount has started. Please check bank account balance for allotment status.
Latent View IPO Timetable
IPO Opening Date: 10 November 2021
IPO Closing Date: 12 November 2021
Finalisation of Basis of Allotment: 17 November 2021
Initiation of refunds: 18 November 2021
Transfer of shares to demat accounts: 22 November 2021
Listing Date: 23 November 2021
Opening Price on NSE: INR512.2 per share (up 160% from IPO price)
Closing Price on NSE: INR488.75 per share (up 148.1% from IPO price)
Latent View IPO FAQs
How many shares in Latent View IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply in Latent View Public Offer?
The best way to apply in Latent View IPO is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Latent View IPO GMP today?
Latent View IPO GMP today is INR350 per share.
What is Latent View IPO kostak rate today?
Latent View IPO kostak rate today is NA per application.
What is Latent View Subject to Sauda rate rate today?
Latent View Subject to Sauda rate today is NA per application.
May I know the reason for not updating GMP only for this IPO ? Where GMP stands around 180 as of today’s date.
I’m not aware and may nobody know about, how the system choose to application to allot shares?
I have a suggestion in which not a single lacuna could be.
I think I the allotment basis on the PAN alphabets and numbers, how? wait.
3 Alpha & 4 Number is random on the PAN no. than if SEBI at the time of allotment announce that who’s pan has (third alpha as K) example, that person won the allotment and that PAN No’s is not enough or more than use (any two or three alpha/number) like second H,Q,R,I,E,S,Z with third K.
this system could be helpful to stop the ambiguity in allotment process and not required to send the details as who’s allotted or who’s not.