The initial public offering (IPO) of iValue Infosolutions Ltd has been fully subscribed by the closing day of bidding. As of 12:30 PM, the IPO received 1.08 times subscription overall, primarily driven by qualified institutional buyers (QIBs), which reported 1.23 times subscription. Retail investors followed closely with a subscription rate of 1.09 times, while non-institutional investors (NIIs) registered a subscription rate of 0.83 times.
According to exchange data, bids were received for 1.41 crore shares against the 1.31 crore shares offered.
IPO Details, Price Band, and Anchor Portion
On Wednesday, the Creador-backed company successfully raised ₹168 crore from anchor investors. The ₹560-crore IPO is set to close on September 22, with a price band established between ₹284 and ₹299 per share. This offering consists entirely of an offer-for-sale (OFS) of 1.87 crore shares by the promoters. Notably, Sundara (Mauritius) Ltd, linked to the private equity firm Creador, will sell 1.10 crore shares, while promoters will divest 38 lakh shares.
IIFL Capital Services and Motilal Oswal Investment Advisors are acting as book-running lead managers for the IPO.
Brokerage Perspective
Brokerages have adopted a cautiously optimistic stance on the IPO, suggesting a “subscribe” rating for long-term investors. Analysts at SBI Securities highlighted the company’s partnerships with original equipment manufacturers (OEMs), its ecosystem, and alignment with high-growth segments in enterprise IT spending as significant advantages.
Listing Date
The shares are anticipated to be listed on the BSE and NSE on September 25, 2025.
Published on September 22, 2025