Bengaluru-based technology solutions provider Ivalue Infosolutions is set to be third IPO in the mainboard segment opening next week on September 18, after VMS TMT and Euro Pratik Sales. The price band for the offer will be disclosed on September 15.
The initial public offering (IPO) consists of entirely an offer-for-sale of 1.87 crore equity shares by existing shareholders including promoters. Hence, the entire IPO proceeds, excluding offer expenses, will go to these selling shareholders.
Investor Sundara (Mauritius) is the largest selling shareholder amongst them, offloading 1.1 crore equity shares through offer-for-sale.
Promoters (including Sunil Kumar Pillai, Krishna Raj Sharma and Srinivasan Sriram) hold 39.92 percent stake in the company, and the remainder 60.08 percent shares are owned by the public including Sundara (Mauritius), an affiliate of Creador, which is the largest shareholder with 30.53 percent stake.
The company will launch its IPO anchor book on September 17, while the public issue will close for all categories of investors on September 22.
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The IPO share allotment will be finalised by September 23, while Ivalue Infosolutions shares will be available for trading on the bourses effective September 25
Half of the public issue size has been reserved for qualified institutional buyers. Further, the 35 percent portion of the offer is set aside for retail investors and the remainder 15 percent for non-institutional investors.
Ivalue Infosolutions being a technology solutions specialist does not have comparable peer in listed peers in India, serving enterprises in their digital transformation by working with system integrators and OEMs. Globally, it claims competing with Exclusive Networks SA, and Multi Chem.
On the financial front, Ivalue Infosolutions recorded a 20.9 percent growth in profit at Rs 85.3 crore for the year ended March 2025, up from Rs 70.6 crore in the previous year. Revenue in the same period grew by 18.3 percent to Rs 922.7 crore, increasing from Rs 780.2 crore.
The merchant bankers handling the Ivalue Infosolutions IPO are IIFL Capital Services, and Motilal Oswal Investment Advisors.
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