Latent View Analytics IPO subscribed 24.77 times on final day

Latentview

The public issue of Latent View Analytics has seen overwhelming response from investors as it received bids for 43.41 crore equity shares against IPO size of 1.75 crore equity shares, resulting into a 24.77 times subscription on November 12, the final day of bidding.

All investors showed strong interest in the offer, as retail investors bought shares 73.97 times their reserved portion and employees have put in bids 2.76 times the portion set aside for them.

A part reserved for qualified institutional buyers was subscribed 3.51 times, and that of non-institutional investors was seen 36.14 times subscription.

News Source: MoneyControl

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