The initial public offering (IPO) of iValue Infosolutions will commence today, with a price band set at Rs 284-299. This IPO consists entirely of an Offer for Sale (OFS), amounting to 1.87 crore equity shares by promoters, an investor, and individual shareholders, with an estimated worth of Rs 560 crore. Creador’s affiliate, Sundara (Mauritius) Ltd, is set to divest 1.10 crore shares. The offering will close on September 22, and investors are required to purchase a minimum lot of 50 shares.
On the eve of the share sale’s public subscription opener, Creador-backed iValue Infosolutions successfully secured Rs 168 crore from anchor investors. The company allocated 56.21 lakh equity shares to 13 funds at Rs 299 each. Notable participants included ICICI Prudential Mutual Fund, UTI Mutual Fund, Société Générale, Bengal Finance and Investment, and Citigroup Global Markets Mauritius.
Established in 2008, iValue Infosolutions operates as a value-added distributor and solutions aggregator within the enterprise technology sector. It facilitates connections between global Original Equipment Manufacturers (OEMs) and Indian enterprises via System Integrators (SIs). The company’s operations extend beyond mere distribution; it curates multi-vendor technology stacks encompassing cybersecurity, information lifecycle management, data center infrastructure, hybrid cloud, and application lifecycle management. iValue generates revenue mainly through the difference between OEM purchase prices and customer solution sales, alongside income from services and integration.
iValue has a presence in eight locations across India and operates in six international markets: Singapore, Bangladesh, Sri Lanka, the UAE, Cambodia, and Kenya. As of March 31, 2025, the company’s network included 109 OEM partners, featuring key players such as Check Point, Forcepoint, Hitachi, Tenable, Yubico, Imperva, Arista, Splunk, Nutanix, and Google Cloud. In terms of IPO allocation, 50% is reserved for qualified institutional buyers (QIBs), 35% for retail investors, and 15% for non-institutional investors.
IIFL Capital Services and Motilal Oswal Investment Advisors are serving as the book-running lead managers for the IPO. The equity shares of iValue Infosolutions are anticipated to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on September 25.
According to SBI Securities, at the upper price point of Rs 299, the IPO is valued at a price-to-earnings (P/E) multiple of 18.8x on post-issue capital. iValue is positioned not just as a distributor but as a value-added solutions aggregator, likely to be pivotal in India’s enterprise IT landscape. Analysts note that the company’s business model benefits from ecosystem stickiness, strong OEM partnerships, and alignment with rapidly growing IT spending sectors. Expected to witness double-digit compound annual growth rates (CAGRs) driven by digital transformation, regulatory compliance, and the adoption of AI/cloud-native workloads, iValue is projected to be a key beneficiary of these trends.
Published on September 18, 2025.