Latent View Analytics a leading data and analytics consulting company in India is all set to roll out its IPO tomorrow and will be open for subscription till 12th November 2021. The company offers consulting services, data engineering, business analytics, and digital solutions and caters to blue-chip companies across sectors such as technology, consumer packaged goods, BFSI, retail, industrials and other domains.
Through its subsidiaries in the USA, Netherlands, Germany, United Kingdom, and Singapore the company has a well-established presence across markets in USA, Europe, and Asia and has worked with more than 30 Fortune 500 companies.
The proceeds from the Latent View Analytics IPO would be used for funding the company’s inorganic growth initiatives through acquisitions and other strategic initiatives, funding working capital requirements of the company’s material subsidiary Latent View Analytics Corporation, augmenting the capital base of some of its subsidiaries for future growth. and general corporate purposes.
Some quick facts about the Latent View Analytics IPO:
Price band of Latent View Analytics IPO
The price band for the IPO is between Rs 1,120-1,180 per share.
Lot size
The minimum lot size for the IPO is of 76 shares.
Issue size
The issue size for Latent View Analytics IPO is Rs. 600 crores.
Listing date
Shares of Latent View Analytics are likely to be listed on 23rd November 2021.
Key strengths and opportunities
- Latent View Analytics is one the leading data analytics companies in the country.
- The company has a vast experience in data engineering and business analytics.
- Caters to a large number of blue-chip clients across industries and global markets.
- The company is well-managed by professional team with vast experience.
- Increased demand from businesses for analytical insights to inform decision-making processes and optimizing workflows across interrelated business activities.
- More and more businesses are now using real-time and precise insights on business operations and consumer spending patterns.
Key factors to keep in mind while investing in the Latent View Analytics IPO:
In its Red Herring Prospectus, the company has listed some factors which may impact the future performance of the company, such as:
Failure of the company’s existing clients to renew their contracts may adversely impact the company’s revenues and results of operations.
The company operates in segment which is highly competitive, and expects such competition to continue or increase in the future. The introduction of new services by the company’s peers or the development of entirely new technologies to replace existing offerings or development of certain processes internally by clients could make the company’s offerings obsolete thus adversely affecting its businessand results of operations.
The company generates a significant portion of revenue from USA. Any adverse developments such as increased competition, regulatory action, pricing pressures, fluctuations in the demand, or the outbreak of an infectious disease such as COVID-19 could adversely impact the company’s business.
To invest in the IPO here.
– Written and contributed by Pradeep Sukumaran.
