INSUBCONTINENT EXCLUSIVE:
Latent View IPO: The company has fixed a price band of Rs 190 - Rs 197 per shareThe initial public offering (IPO) of data analytics company
'Latent View' will open for subscription tomorrow, November 10
The company said that up to 75 percent of the issue has been reserved for qualified institutional buyers, 15 percent for non-institutional
investors, and the remaining 10 percent for retail investors.The company provides services to blue-chip companies in sectors such as
purposes.''Acquisition of new larger accounts and with cross sell and up sell opportunities available to its acquired clients, supported
with inorganic growth, will help the company to grow ahead
strategy of focusing on margin accretive clients is playing well.At the given upper price band of issue of Rs 197, Latent Analytics is
offered at PE of 43.7x annualized Q1FY22E earning which we feel is attractive
