Latent View Analytics IPO
Latent View Analytics Limited (LATENTVIEW) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 23 November 2021.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +57.4% (likely range +46% to +138%), day's high +73.6%, chance of a gain 97%. Actual: +160.0% at the open, +178.2% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 93,67,800 | 1,36,28,42,792 | 145x | |
| NII (HNI) total | 46,84,210 | 3,98,46,85,168 | 851x | |
| Retail | 31,22,806 | 37,29,96,524 | 119x | |
| Employees | 3,50,887 | 13,58,044 | 3.87x | |
| Total | 1,75,25,703 | 5,72,18,82,528 | 326x |
Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 5% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Latent View Analytics's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Nazara TechnologiesMar 2021 | 104x | 390x | 75.3x | 175x | ₹583 Cr | +80.7% | +83.9% |
| Ujjivan Small Finance BankDec 2019 | 111x | 473x | 49.1x | 166x | ₹771 Cr | +58.8% | +69.7% |
| Apollo Micro SystemsJan 2018 | 102x | 958x | 40.2x | 249x | ₹162 Cr | +69.1% | +74.5% |
| Easy Trip PlannersMar 2021 | 77.5x | 382x | 70.4x | 159x | ₹513 Cr | +13.5% | +25.1% |
| Burger King IndiaDec 2020 | 86.6x | 354x | 68.2x | 157x | ₹811 Cr | +87.5% | +125.0% |
| Astron Paper & Board MillsDec 2017 | 103x | 397x | 77.9x | 243x | ₹80.0 Cr | +130.0% | +141.5% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Axis Capital | 107 | +20.4% | 73% |
| ICICI Securities | 109 | +21.3% | 69% |
| Haitong Securities India | 2 | +87.0% | 100% |
Offer documents (NSE)
Frequently asked
What is the Latent View Analytics IPO price band and lot size? ₹190–197 per share, with a lot of 76 shares, so the smallest retail bid is ₹14,972.
How many times has it been subscribed? 326x overall: QIB 145x, NII 851x, retail 119x, employees 3.87x.
How did it list? It opened at ₹512, +160.0% against the issue price of ₹197, and closed its first day +148.1%.
