LatentView Analytics IPO: Latest GMP as Share Allocation Announced

The finalization of share allotment for Latent View Analytics IPO has been announced today and bidders can check their allotment status online on the website of stock exchange BSE. Here Or on the official website of Registrar Link Intime Private Limited Here, NS Initial Public Offering (IPO) There was an overwhelming response from all categories of investors.

The Latent View Analytics Share Sale was subscribed 326.49 times on the last day of subscription. The non-institutional investors category was largely subscribed 850.66 times, while the Qualified Institutional Buyers (QIBs) segment was subscribed 145.48 times and Retail Individual Investors (RIIs) 119.44 times.

According to market observers, Latent View Analytics’ share premium in gray market remains strong today 370. The shares of the company are expected to be listed on the major stock exchanges BSE and NSE next week on November 23, 2021.

Sum up to IPO There is a fresh issue of up to 600 crores 474 crore and offer for sale 126 crores. There is a price range for the offer 190-197 per share.

Latent View Analytics provides services ranging from data and analytics consulting to business analytics and insights, advanced predictive analytics, data engineering and digital solutions.

The proceeds from the new issue will be used to finance inorganic growth initiatives, working capital requirements of the subsidiary Latent View Analytics Corporation and to invest in the subsidiaries to increase their capital base for future growth and general corporate purposes. Incognito Views Analytics Raised 267 crore from anchor investors before its initial share sale roll-out.

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