Report Wire - Latent View Analytics makes a blockbuster debut, lists at 169% premium

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Latent View Analytics makes a blockbuster debut, lists at 169% premium

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latent view analytics ipo, latent view analytics

Latent View Analytics share value: Shares of Latent View Analytics made a blockbuster debut and obtained listed at a premium of over 169 per cent above their subject value within the inventory exchanges right this moment.
The scrip obtained listed at Rs 530.00 apiece on the BSE, thereby registering a achieve of 169.04 per cent from its supply value of Rs 197.00, whereas on the National Stock Exchange (NSE), it opened at Rs 512.20, up 160.00 per cent from the difficulty value.
The inventory continued its preliminary momentum and touched an intraday excessive of Rs 548.75 on BSE and Rs 548.00 on the NSE through the first jiffy of commerce however eased a bit quickly after.
At 10:15 am, the scrip was buying and selling at Rs 491.45 on the BSE, up 149.47 per cent from the difficulty value whereas on NSE it was at Rs 492.45. The market capitalisation of the corporate stood at Rs 9,721.59 crore, information from BSE confirmed.

Over 1.50 crore shares of Latent View Analytics have been traded on the NSE through the first quarter-hour of commerce, whereas round 11.22 lakh shares exchanged fingers on the BSE, information from the respective inventory exchanges confirmed.
The Rs 600 crore preliminary public providing (IPO) of information analytics agency Latent View Analytics was subscribed a whopping 326.49 occasions throughout its supply interval from November 10-12.
The Latent View Analytics IPO comprised contemporary subject 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 present shareholders.
Latent View Analytics gives companies starting from information and analytics consulting to enterprise analytics and insights, superior predictive analytics, information engineering and digital options. It engages and gives companies to blue chip firms in expertise, BFSI, CPG & retail, industrials and different industries, and have labored with over 30 Fortune 500 firms within the final three fiscals.