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November 5, 2021Latent View Analytics Limited IPO
Open: Nov 10, 2021 | Close: Nov 12, 2021
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About the Business
Incorporated in 2006, Latent View provides analytics services such as data and analytics consulting, business analytics & insights, advanced predictive analytics, data engineering, and digital solutions. The company provides services to blue-chip companies in Technology, BFSI, CPG & Retail, Industrials, and other industry domains. The company classifies its business into - (i) Consulting services, which involves understanding relevant business trends, challenges, and opportunities and preparing a roadmap of data and analytics initiatives that addresses them; (ii) Data engineering, to design, architect, and implement the data foundation required to undertake analytics; (iii) Business analytics, which delivers analysis and insights for clients to make more accurate, timely and impactful decisions; and (iv) Digital solutions which the company develops to automate business processes, predict trends and generate actionable insights.
The company has a presence across countries in the United States, Europe, and Asia through their subsidiaries in the United States, Netherlands, Germany, United Kingdom, and Singapore, and their sales offices in San Jose, London, and Singapore. Latent View has worked with over 30 Fortune 500 companies in the last three fiscals and some of the key clients include Adobe, Uber Technology, and 7-Eleven.
Funds from the fresh issue will be used for
The Company will utilize fresh issue proceeds for the following:
- Funding inorganic growth initiatives.
- Funding working capital requirements of Latent View Analytics Corporation, company’s material subsidiary.
- Investment in subsidiaries to augment their capital base for future growth
- General corporate purposes.
Company Financials: (in crores)
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Open: Nov 10, 2021 | Close: Nov 12, 2021