Bengaluru-based technology solutions provider iValue Infosolutions Ltd. has launched its ₹560.29 crore initial public offering (IPO). Early signs from the grey market indicate a modest premium, while investor interest on Day 1 has been moderate.
IPO Details at a Glance
- IPO Size: ₹560.29 crore (Offer For Sale of 1.87 crore shares).
- Price Band: ₹284 – ₹299 per share.
- Lot Size: 50 shares (minimum investment ~₹14,950 at upper band).
- IPO Dates: Opens September 18, 2025, and closes September 22, 2025.
- Expected Listing: September 25, 2025, on NSE and BSE.
Grey Market Premium (GMP)
- The GMP (Grey Market Premium) is currently hovering around 5–7%, reflecting cautious optimism among investors.
- This suggests a possible listing gain in the range of ₹15–20 per share, though sentiment may shift as bidding progresses.
Subscription Status
- On Day 1, the IPO was subscribed about 8% overall, with retail participation slightly lower than institutional categories.
- Analysts expect subscription levels to improve in the final two days as high-net-worth individuals and retail investors make their bids.
Financial Highlights
- FY25 Revenue: Around ₹922–942 crore, up nearly 18–19% year-on-year.
- Net Profit (PAT): About ₹85 crore in FY25, compared to ₹70 crore in FY24.
- Valuation: At the upper price band, the IPO is priced at a P/E ratio of ~18.7x, based on FY25 earnings.
Strengths & Risks
Strengths:
- Strong position in enterprise tech and digital transformation space.
- Robust partnerships with leading global OEMs.
- Steady revenue and profit growth.
Risks:
- Entire issue is an Offer For Sale (OFS), meaning no new funds will flow into the company.
- Dependence on a few key technology vendors.
- Modest GMP indicates limited listing-day excitement.
Expert View
Market analysts say iValue Infosolutions’ IPO may appeal to long-term investors seeking exposure to the enterprise technology sector. However, for those eyeing short-term listing gains, the current GMP points to modest returns.
Quick Snapshot
| Particulars | Details |
|---|---|
| IPO Size | ₹560.29 crore (OFS) |
| Price Band | ₹284 – ₹299 per share |
| Lot Size | 50 shares (~₹14,950) |
| GMP (as of Sept 18) | ~₹15–20 (5–7%) |
| Subscription (Day 1) | ~8% overall |
| Listing Date | September 25, 2025 |