Latent View Analytic announces launch of initial public offering
Latent View Analytics Ltd. has announced public offering of 30456853 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 196.00 per share. The gross proceeds of the issue are expected to be Rs 60,000.00 lakhs. The company's initial public offer (IPO) will open on 10 November 2021 and is expected to close on 12 November 2021, subject to customary closing conditions. The price band of the issue has been fixed at Rs 190.00-197.00 per share.
The IPO includes a fresh Issue of 30456853 Equity Shares of the Company at an price of Rs 197.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 76 shares with bids in multiples of 76. Latent View Analytics Ltd. anticipates using the proceeds of the issue for . Axis Capital Ltd,Haitong Securities India Pvt. Ltd.,ICICI Securities Limited as lead manager(s) & LINK INTIME INDIA PRIVATE LIMITED is the registrar, to the issue.