Latent View Analytics IPO GMP TODAY (LIVE DATA) Latest Grey Market Premium Updates

Latent View Analytics IPO GMP Today, Latent View IPO Grey Market Premium Updates | Latent View Analytics IPO Listing Gain, Latest target, Opening gain

Latent View Analytics Ltd initial public offer (IPO) is set to open for subscription on November 10 and close on November 12, after it received capital market regulator Sebi’s go-ahead to raise Rs 600 crore through public issue.

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.

Check out Latent View Analytics IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

Latent View Analytics IPO Details:

Issuer Latent View Analytics Limited
Issue Type Book Built Issue IPO
Issue Period Issue Opens: NOV 10, 2021
Issue Closes: NOV 12, 2021
Price Brand ₹190 to ₹197 Per Share
Issue Size ₹600 Cr
Face Value Rs.1 per Equity Share
Market Lot 76 Shares
Maximum Bid amount for Retail Rs. 2 Lakhs
QIB 75% of the issue size
NIB 15% of the issue size
Retail Individual Bidders 10% of the issue size
Fresh Issue ₹ 474 Cr
Offer for Sale ₹ 126 Cr
Listing at NSE & BSE
Apply With Upstox Free DEMAT Account
Equity 7,695,000 Shares
Grey Market Price Latent View IPO GMP Today

Latent View Analytics IPO GMP Rates day by day

Latent View Analytics IPO Grey market premium as on today

Date GMP (in INR) Kostak (in INR) Subject to Sauda
HNI COST ₹273
22 NOV 2021
21 NOV 2021 ₹330
20 NOV 2021 ₹360 ₹20000
19 NOV 2021 ₹300 ₹20000
18 NOV 2021 ₹330 ₹20000
17 NOV 2021 ₹370 ₹300 ₹18000
16 NOV 2021 ₹370 ₹300 ₹18000
15 NOV 2021 ₹345 ₹300 ₹18000
14 NOV 2021 ₹310
13 NOV 2021 ₹300 ₹250 ₹12000
12 NOV 2021 ₹290 ₹250 ₹12000
11 NOV 2021 ₹290 ₹250 ₹12000
10 NOV 2021 ₹180
09 NOV 2021 ₹220
08 NOV 2021 ₹190
07 NOV 2021 ₹150
06 NOV 2021 ₹100
05 NOV 2021 ₹60
04 NOV 2021 ₹60
03 NOV 2021 ₹60

Latent View Analytics IPO Market Lot:

 Lot Size:  Minimum 76 Shares & Maximum 988 Shares
 Minimum Amount:  ₹14972
 Maximum Amount: ₹194636

Latent View Analytics IPO Allotment & Listing:

 Basis of Allotment: Nov 17, 2021
 Refunds: Nov 17, 2021
 Credit to Demat Account: Nov 18, 2021
 Listing Date: Nov 23, 2021

How to Apply for Latent View Analytics IPO?

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How to Apply the Latent View Analytics IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Latent View Analytics”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Latent View Analytics IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Latent View Analytics”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

PARENT COMPANY FOR SHAREHOLDER QUOTA

IPO ALLOTMENT TIPS & TRICKS

Check:- Latent View Analytics IPO Allotment Status

Disclaimer:

– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies.
– This is only coverage of News related to Grey Market . We don’t deal in Grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets.

We don’t trade into grey market nor do we facilitate buying or selling of IPO forms.

What is Grey Market?

Grey Market is the term used to describe unregulated over-the-counter market for trading IPO applications and IPO shares before the stock is listed at a stock market. This is a way for dealers to support their customers who may want to exit before listing.

This is also a way to boost the listing price and support the issue before listing happens. There are two kinds of transactions that happen in thee IPO grey market:

  • Trade of IPO shares at a grey market premium
  • Trade of IPO application at a kostak.

What is Grey Market Premium?

GMP or Grey Market Premium is the premium at which equity shares from the IPO are being traded in the grey market.

This could either be a positive or negative – meaning the trading price in the grey market is either higher or lower than issue price respectively, based on demand and supply for the shares.

Typically, investors who do not want to take the risk of allocation not happening through IPO will buy shares in the gray market and hope to flip the shares on listing to make a good profit.

What is Kostak?

Kostak is the premium at which IPO application is being traded in the grey market. Applications are typically traded after the application window is closed but the allotment has not yet been finished.

It is rare for someone to trade IPO application post-allocation. This is a way for investors to increase their chance of shares being allotted as the allocation process treats each retail application equally. An example (indicative) for kostak is:

Example:

Nykaa Limited
Issue Price: Rs 306 Per Equity Share (Maximum Bid price)
Lot Size: 45
Grey Market Premium: Rs 220 to Rs 230
Kostak (Rs 13770): Rs 680 to Rs 720

This means Nykaa IPO applications of Rs 13500 are being traded in IPO Grey Market at Rs 695 to Rs 720.

Despite the fact that this IPO’s Grey Market Premium is roughly 75% of the issue price, the ‘Kostak’ is just 5% of the application value.

As can be seen the Kostak is at a much lower %age than GMP. This indicates that the grey market expects the issue to be oversubscribed and expects on an average only one lot to be allocated per application.

Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.

Subject to Sauda simply reflects the amount which an investor stands to get by selling his/her application for firm allotment. The key operative word here is firm allotment. In case of no allotment to the applicant, the sauda stands cancelled.

In case of ‘Subject to Sauda’ deal, while selling IPO application in the grey market, buyer and seller agree that deal is only valid if the seller will get the allotment. If the seller doesn’t get any shares in IPO process, the deal gets avoid.

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