- Price Band: ₹284–₹299 per equity share (face value ₹2 each)
- Anchor Investor Bidding: Wednesday, September 17, 2025
- IPO Opens: Thursday, September 18, 2025
- IPO Closes: Monday, September 22, 2025
- Bid Lot: Minimum of 50 equity shares and in multiples of 50 thereafter
NE BUSINESS BUREAU
AHMEDABAD, SEPT 16
Creador-backed iValue Infosolutions Limited has on Tuesday announced its initial public offering (IPO), with the price band fixed at ₹284–₹299 per equity share. The issue size is estimated at ₹560 crore at the upper limit, comprising an offer for sale (OFS) of up to 1,87,38,958 equity shares.
The IPO of Bengaluru-based technology solutions provider opens for subscription on Thursday, 18 September, and closes on Monday, 22 September. Anchor investor bidding will take place on Wednesday, 17 September.
Bids can be made for a minimum of 50 Equity Shares of face value ₹2 each and multiples of 50 Equity Shares of face value ₹2 each thereafter.
As the issue is entirely an OFS, no fresh funds will be raised for the company. Proceeds will go to the selling shareholders, primarily Sundara (Mauritius).
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.
Comment from CMD
Promoter and CMD Sunil Kumar Pillai highlighted the company’s Gujarat connect: “We have been recruiting students from Gujarat Technological University and other institutions. Those who clear our IAcademy training are absorbed into the company. Many leading companies of Gujarat are also among our valued clients.”
Reservation & Allotment Structure
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.
Industry Positioning
iValue Infosolutions positions itself as a technology solutions specialist, helping enterprises in digital transformation by collaborating with system integrators and OEMs. The company has no direct listed peers in India but competes globally with firms like Exclusive Networks SA and Multi Chem.
iValue Infosolutions is a technology solutions specialist, supporting enterprises in digital transformation by working with system integrators and original equipment manufacturers (OEMs).
Financial Performance
On the financial front, iValue Infosolutions reported a 20.9% growth in profit after tax (PAT), reaching Rs 85.3 crore for the year ended March 2025, compared to Rs 70.6 crore in the previous year. Revenue for the same period increased by 18.3% to Rs 922.7 crore, up from Rs 780.2 crore.
Listing & Lead Managers
The equity shares are proposed to be listed on BSE and NSE.
The IPO is being managed by IIFL Capital Services Limited and Motilal Oswal Investment Advisors Limited as Book Running Lead Managers, with Kfin Technologies as registrar.
