Latent View IPO Listing: List of Latent View shares shared with bumper listing gains, know the news
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Latent View IPO Listing: Data analytics service provider company LatentView’s shares opened as expected. Its shares were listed with a bumper premium of 169 per cent, which made investors happy. Its issue price was between Rs 190 to Rs 197. In comparison, the shares of Latent View were listed on both NSE and BSE at more than Rs 500. This simply means that this stock has more than doubled on the day of its entry.
Shares of Latent View were listed at Rs 530 on BSE and Rs 512.20 on NSE, which was a bumper listing against its issue price. The listing of the shares of Latent View today brought a smile on the faces of its investors in view of the manner in which the recently listed Paytm shares had disappointed the investors.
Highest subscribed IPO ever
Latent View had set a record at the time of issue itself and became the highest subscribed issue ever with a fill of 326.49 times. In this, the share of retail investors was 112 percent and the price of this IPO, which opened between November 10 and 12, was also running at a premium of Rs 360 to Rs 370 in the gray market.
Learn about Latent view Analytics
The registrar company of Latent View Analytics is Link Intime Pvt Ltd. The IPO of this company was Rs 600 crore and the price band of the IPO was at Rs 190-197. The issue was open from November 10 to November 12.
What to say about the management of Latent View IPO
The management of Latent View Analytics on an economic news channel said that their company’s revenue mix comes from the US and the company is getting a lot of orders due to the low impact of the lockdown there. The company’s profit has seen very good growth in the last three years and if we look at its PAT, where it was Rs 60 crore in FY 2019, it has become 73 crore in FY 2020 and has reached Rs 91 crore in FY 2021.
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