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iValue Infosolutions IPO: iValue Infosolutions' Rs 560-crore initial public offering (IPO), which opened for subscription on September 18, entered its final day of bidding on Monday, September 22. The issue secured oversubscription of 1.82 times, according to provisional exchange data.

The issue is entirely an offer for sale (OFS) of 1.87 crore equity shares, which means that none of the proceeds will go to the company.  

Zee Business Managing Editor Anil Singhvi suggests that only high-risk-taking investors apply for this IPO from a long-term perspective.

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He has highlighted the following key points about the Dalal Street-bound company:

1) Strong Business Model: iValue Infosolutions has a solid business model focused on enterprise digital transformation.

2) Leaders in Cybersecurity: The company specialises in cybersecurity and has partnerships with over 20 Original Equipment Manufacturers (OEMs).

3) Positive Cash Flows: The company has shown consistent growth in profitability.

4) Reasonable Valuations: Valuations are considered reasonable.

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1) Dependence on OEMs: iValue Infosolutions doesn't own products or services and relies on OEMs.

2) Huge Competition: The company faces significant competition in the tech solutions market.

3) Concentration Risk: A significant portion of revenue comes from top partners.

4) Declining ROE and ROCE: Return on Equity and Return on Capital Employed have fallen in the last three years.

The portion reserved for Qualified Institutional Buyers (QIBs) received bids for 1.19 crore shares out of the 37.47 lakh shares on offer.

The portions set aside for Non-Institutional Investors (NIIs) and retail investors were oversubscribed 1.26 times and 1.28 times, respectively.

Price Band: Rs 284 to Rs 299 per equity share with a face value of Rs 2 per share

Issue Size: Approximately Rs 560.29 crore through OFS 

Listing Date: Expected on BSE and NSE on September 25

Lot Size: Minimum bid of 50 shares (Rs 14,950 amount)

iValue Infosolutions is an enterprise technology solutions provider founded in 2008. It focuses on securing and managing digital applications and data for large organisations through partnerships with system integrators and original equipment manufacturers.

The company is headquartered in Bengaluru.

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Currently working as a trainee Sub-Editor at Zee Business, Shristi Rani is passionate about storytelling and delivering content that engages diverse audiences across digital platforms.

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