May 18, 2024

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Latent View Analytics IPO share allotment standing: How to verify your shares on-line

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Latent View Analytics IPO share allotment standing: The preliminary public providing (IPO) of Latent View Analytics was subscribed 326.49 instances over the 1.75 crore shares that have been on provide throughout the subscription interval from November 10-12, 2021. The value band was fastened at Rs 190-197 per share.
Latent View Analytics IPO acquired bids of over 572.18 crore (5,72,18,82,528) shares towards the full situation dimension of over 1.75 crore (1,75,25,703) shares, information obtainable with the National Stock Exchange (NSE) confirmed.
The shares that are to be allotted for the certified institutional consumers (QIBs) was subscribed 145.48 instances, whereas these of non institutional buyers was subscribed a whopping 850.66 instances and that of retail particular person buyers (RIIs) was subscribed 119.44 instances. Separately, shares for the staff’ phase was subscribed 3.87 instances, the information confirmed.

The Rs 600 crore IPO contains a contemporary situation of fairness shares price Rs 474 crore and an offer-for-sale (OFS) of fairness shares to the tune of Rs 126 crore by a promoter and a few current shareholders.

The proceeds from the IPO might be used for funding inorganic development initiatives, working capital necessities of the subsidiary LatentView Analytics Corporation, and funding in subsidiaries to enhance their capital base for future development and normal company functions.
Investors at the moment are wanting ahead to the share allotment date of the Latent View Analytics IPO. The firm is meant to finalise the allotment by at this time, November 17, 2021, as per the timeline supplied within the crimson herring prospectus (RHP). In case you might have utilized for the Latent View Analytics IPO, then right here is how one can verify the standing of your allotment when it will get declared:
The allotment standing will get up to date on the web site of the registrar of the IPO, which on this case is Link Intime India (Click right here: https://linkintime.co.in/MIPO/Ipoallotment.html). Applicants might want to choose Latent View Analytics Limited – IPO within the drop-down menu and enter both their PAN, software quantity or DP Client ID. and click on on search to view their allotment standing.
 
Apart from the registrar’s web site, candidates may verify the standing of their allotment on the web site of the BSE (Click right here: https://www.bseindia.com/investors/appli_check.aspx). Here, they might want to choose Equity in Issue Type, then choose LATENT VIEW ANALYTICS LIMITED from the drop-down listing within the Issue Name part, enter their Application Number and PAN Number within the respective bins. Then they must verify on the ‘I am not a robot’ field after which click on on search to view their standing.

The itemizing of shares of Latent View Analytics is prone to happen on Tuesday, November 23, 2021, on each the NSE and BSE.
Axis Capital, ICICI Securities and Haitong Securities India are the e-book working lead managers to the IPO.

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