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Latent View Analytics Ltd

Latent View Analytics Ltd

    Registered Office : Unit 6 7 & 8 Neville Tower,Ramanujan IT City Taramani,Chennai Tamil Nadu 600113 Phone : 91-044-43441700
    Fax : 91-044-43441700

    Email : investorcare@latentview.com

    Website : www.latentview.com

Initial public offer of 30,489,362* equity shares of face value of Re. 1 each ("Equity Shares") of Latent View Analytics Limited (The "Company" or the "Issuer") for cash at a price of Rs. 197 per equity share (including a share premium of Rs. 196 per equity share) ("Offer Price") aggregating to Rs. 600.00* crores (The "Offer") comprising a fresh issue of 24,093,423* equity shares aggregating to Rs. 474.00* crores by the company (The "Fresh Issue") and an offer for sale of 6,395,939* equity shares aggregating to Rs. 126.00* crores by the selling shareholders (The "Offer for Sale") comprising 3,053,077* equity shares aggregating to Rs. 60.14* crores by Adugudi Viswanathan Venkatraman ("The Promoter Selling Shareholder"), 1,193,884* equity shares aggregating to Rs. 23.52* crores by Gopinath Koteeswaran, 1,776,652* equity shares aggregating to Rs. 35.00* crores by Ramesh Hariharan, 196,334* equity shares aggregating to Rs. 3.86* crores by Subramanian Ramachandran, 60,420* equity shares aggregating to Rs. 1.19* crores by Divya Balakrishnan, 58,268* equity shares aggregating to Rs. 1.14* crores by Rajkumar Kaliyaperumal, 37,316* equity shares aggregating to Rs. 0.73* crores by Priya Balakrishnan, 19,988* equity shares aggregating to Rs. 0.39* crores by Navin Loganathan (Gopinath Koteeswaran, Ramesh Hariharan, Subramanian Ramachandran, Divya Balakrishnan, Rajkumar Kaliyaperumal, Priya Balakrishnan, and Navin Loganathan together, referred to as the other selling shareholders, and together with the promoter selling shareholder, referred to as the "Selling Shareholders" and such equity shares, the "Offered Shares"). The offer constitutes 15.41* % of the post-offer paid-up equity share capital of the company. The offer included a reservation of 337,078* equity shares aggregating to Rs. 6.00* crores (constituting 0.17%* of the post-issue paid-up equity share capital), for subscription by eligible employees (The "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as "Net Offer". The offer and net offer constitutes 15.41%* and 15.24%*, respectively, of the post-issue paid-up equity share capital of the company. The company in consultation with the brlms, offered a discount of Rs. 19 of the issue price to eligible employees bidding in the employee reservation portion ("Employee Discount"). *Subject to finalisation of basis of allotment The face value of equity shares is Re. 1 each. The offer price is 197 times the face value of the equity shares. Bis can be made for a minimum of 76 eqity shares and multiples of 76 equity shares thereafter.

Issue

Opens On

Closes On

10-Nov-2021

12-Nov-2021

Money Payable On

Application

Allotment

197.00

0.00

Minimum Application for shares in Nos : 76.0 Further Multiples of : 76.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

474.00

600.00

19.78

197.00

Axis Capital Ltd

Haitong Securities India Pvt Ltd

ICICI Securities Ltd

Projects
  • Funding Inorganic Growth Initiatives
  • Funding Working Capital Requirements of Latent View Analytics Corporation, the Material Subsidiary
  • Investment in the Subsidiaries to Augment their Capital base for future Growth
  • General Corporate Purposes
Promoted By
  • Adugudi Viswanathan Venkatrama
  • Pramadwathi Jandhyala
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • MUFG Intime India Pvt Ltd