Bumper listing for Latent View IPO; a 2.5x listing gain for investors

Latent View IPO saw a bumper listing on the D-street on Tuesday as its scrips started trading at Rs 512 per share against its issue price of Rs 197.

The offer was oversubscribed by 326.49 times.

Latent View Analytics aimed to raise Rs 600 crore through the IPO. Of this, Rs 474 crore were though a fresh issue, while Rs 126 crore raised through an offer for sale (OFS).

Incorporated in 2006, Latent View provides analytics services such as data and analytics consulting, business analytics & insights, advanced predictive analytics, data engineering, and digital solutions. The company provides services to blue-chip companies in Technology, BFSI, CPG & Retail, Industrials, and other industry domains