Latent View Analytics Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 22,614,214 (74%) | — | ₹44,550 Cr |
| NII (HNI) | — | 4,522,842 (15%) | — | ₹8,910 Cr |
| Retail | — | 3,015,228 (10%) | — | ₹594 Cr |
| Employee | — | 337,078 (1%) | — | ₹66 Cr |
| Σ Total | — | 30,489,362 (100%) | — | ₹600,640 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 76 | ₹14,972 |
| Retail (Max) | 13 | 988 | ₹194,636 |
| S-HNI (Min) | 14 | 1,064 | ₹209,608 |
| B-HNI (Min) | 67 | 5,092 | ₹1,003,124 |
Financial Statements Amount in Crore
| Metric | 30-Jun-21 | 30-Jun-20 | 31-Mar-21 |
|---|---|---|---|
| Revenue | 92 | 82 | 327 |
| Profit After Tax | 22 | 23 | 91 |
| Total Assets | 588 | 449 | 519 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Funding inorganic growth initiatives – 147.90
- 2 Funding working capital requirements of LatentView Analytics Corporation, our Material SubsidiaryFunding working capital requirements of LatentView Analytics Corporation, our Material Subsidiary – 82.40
- 3 Investment in our Subsidiaries to augment their capital base for future growth – 130.00
- 4 General corporate purposes – 80.64
Company Overview
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