Latent View Analytics IPO Details

Latent View IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

GMP

Allotment Status

About Latent View Analytics

Latent View Analytics is among the leading pure-play data analytics services companies in India based on the 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. Latent View engages and provides services to blue-chip companies in Technology, BFSI, CPG & Retail, Industrials, and other industries. Latent View 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 we work with include Adobe, Uber Technology, and 7-Eleven.

As an analytics provider with capabilities across business functions, Latent View engages with several key stakeholders within the client organizations, including CFOs for finance and risk analytics, CMOs for marketing insights, CHRSs for HR analytics, CSCO for supply chain analytics, further strengthening the client relationships across multiple touchpoints. Revenue is disaggregated primarily by geographical markets and reviewed by management accordingly. Latent View provides services primarily to companies in Technology, CPG and Retail, Industrials, and BFSI industries

The company has clients across countries in the United States, Europe, and Asia through the subsidiaries in the United States, Netherlands, Germany, United Kingdom, and Singapore, and the sales offices in San Jose, London, and Singapore.

Strengths

  • Recognized leadership position in data and analytics with a wide range of capabilities
  • Deep and entrenched relationships with blue chip clients across industries and geographies
  • Consistent client driven innovation supported by functional expertise
  • Scalable and attractive financial profile
  • Strong leadership team guiding capability development and go-to-market strategy

Important Details – Latent View Analytics

DateDetails
January 3, 2006The company was incorporated as Latent View Analytics Private Limited at Chennai, Tamil Nadu as a private limited company
June 18, 2021The company was converted into a public limited company, and the name of the company was changed to Latent View Analytics Limited.

Objects of the Issue

  • Funding inorganic growth initiatives;
  • Funding working capital requirements of LatentView Analytics Corporation, our Material Subsidiary;
  • Investment in our Subsidiaries to augment their capital base for future growth; and
  • General corporate purposes

Latent View Analytics Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in millions)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 5,191.99 3,978.54 3,236.83
Total income 3,267.08 3,296.72 2,959.03
Total Expenses 2,107.86 2,394.80 2,253.98
Profit After Tax 914.63 728.45 596.65

Latent View IPO Price – Details

DetailsLatentView IPO Details
Public IssueInitial Public Offer of  up to [.] Equity Shares of ₹ 1 aggregating up to ₹ 6,000 million a comprising a fresh issue up to [.] equity shares aggregating up to ₹ 4740 million and offer for sale of [.] equity shares aggregating up to  ₹ 1,260 million
Issue Open  Date10-Nov-21
Issue Close Date12-Nov-21
Issue TypeBook Building
IPO Price Band₹ 190 – ₹ 197
Face Value ₹ 1
Market Lot 76 Equity Shares and in multiples thereof
Minimum Order Quantity 76 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE, BSE
NSE SymbolLATENTVIEW
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Latent View IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum17614,972
Maximum139881,94,636

Latent View Analytics IPO Lead Managers

  • Axis Capital Limited
  • ICICI Securities Limited
  • Haitong Securities India Private Limited

Latent View Analytics IPO Registrar

Latent View IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on10-Nov-21
Bid / Offer Closes on12-Nov-21
Finalisation of Basis of Allotment16-Nov-21
Initiation of refunds 17-Nov-21
Credit of the Equity Shares18-Nov-21
Listing Date22-Nov-21

Company Peers – Comparison of Accounting Ratios

Name of CompanyFace Value EPS (Basic)
(₹)
Total income, for Financial Year 2021
(in ₹ million)
NAV, as on March 31, 2021
(₹ per share)
Latent View Analytics Limited1.005.353,267.0825.63
Happiest Minds Technologies Limited2.0011.757,976.5038.51

Company Registered and Corporate Office

5th Floor, Neville Tower,
Unit 6,7 and 8, Ramanujan IT City,
Rajiv Gandhi Salai,
Taramani, Chennai- 600113,
Tamil Nadu, India;
Tel: +91 044 4344 1700
Website: www.latentview.com

Company Promoters

  • Adugudi Viswanathan Venkatraman
  • Pramadwathi Jandhyala

Latent View IPO – FAQS

What is the Latent View IPO Price?

The Latent View IPO price band is ₹ 190 – ₹ 197 per share

When Latent View IPO will open?

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

What is the lot size of Latent View IPO?

The Latent View IPO lot size is 76 Equity Shares and the minimum order quantity is 76 Equity Shares

Who is the Registrar for Latent View IPO?

The Registrar for Latent View IPO is Link Intime India Private Limited

How to apply in Latent View IPO through UPI?

Check the step by step process here – Click here

How to apply in Latent View IPO through Zerodha?

Check the step by step process here – Click here

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