Latent View Analytics Limited IPO : Subscribe or NOT?

The data has been compiled from various sources and might have small difference but overall theme is to subscribe or not — we will focus on that

Latent view IPO– Latent view is incorporated in 2006, Company provides services ranging from data analytics consulting to business analytics and insights, advanced predictive analytics, data engineering and digital solutions to companies in technology, BFSI, CPG and retail, industrials and other industries.

Business — Four Major domains -> (i) Consulting services (ii) Data engineering (iii) Business analytics (iv) Digital solutions

Region of Operation -It serves clients across the US, Europe, and Asia through its subsidiaries in the US, Netherlands, Germany, UK and Singapore.

Also READ : NYKAA IPO : SUBSCRIBE OR NOT

Offer purpose — The IPO comprises a fresh issue of equity shares up to ₹474 crore and an offer for sale (OFS) of ₹126 crore by existing shareholders and promoters. Company plans to use about ₹148 crore to fund inorganic growth initiatives, ₹130 crore for investment in subsidiaries and the remaining to fund working capital and general corporate purposes.

Risks —

Client Concentration

Regional Concentration

Technology disruption Risk

Strength

One of the leading pure-play data analytics companies in India
Extensive experience across a range of data and analytics capabilities
Blue-chip clients across industries and geographies
Focus on innovation and R&D
Scalable and attractive financial profile
Strong, experienced leadership team

Future

Company has created a niche place in data analytics services globally and It caters to Fortune 500 companies with long term relationships and it is also able to maintain healthy margins on its contracts

Valuations

Valuations are high

Should we apply?

Looks almost priced in at IPO price but for medium to long term, prospects looks bright.

One can apply if can held this stock patiently and not looking for immediate returns

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