iValue Infosolutions IPO Fully Subscribed as QIBs Drive Demand
The initial public offering of iValue Infosolutions Ltd closed with full subscription, drawing 1.08x overall demand led by qualified institutional buyers bidding 1.23x the allocated portion. Retail investors followed at 1.09x while non-institutional participation lagged at 0.83x.
Exchange data reveals bids for 1.41 crore shares surpassed the 1.31 crore shares on offer. The Creador-backed firm had previously secured ₹168 crore from anchor investors ahead of its ₹560-crore offer, priced between ₹284-299 per share.
Brokerages maintain cautious optimism, with SBI Securities highlighting the company's OEM partnerships and positioning in high-growth enterprise segments as key attractions for long-term investors.