iValue Infosolutions Sets IPO Price Band at ₹284-299/Share, Valuation Hits ₹1,600 Crore

iValue Infosolutions, backed by private equity firm Creador, has fixed a price band of ₹284 to ₹299 per share for its ₹560-crore initial public offering. The Bengaluru-based enterprise technology solutions provider will see its IPO open on September 18 and close on September 22.

The offering is entirely an offer-for-sale (OFS), with 1.87 crore equity shares being sold by promoters, investor Sundara (Mauritius) Ltd, and individual shareholders. At the upper end of the price band, the company's valuation stands at approximately ₹1,600 crore.

Proceeds from the IPO will go directly to selling shareholders, as the company will not receive any funds. iValue Infosolutions specializes in securing and managing digital applications and data, serving large enterprises in their digital transformation journeys.