Latent View Analytics IPO: Know share allotment, fund initiation details of India's most subscribed IPO

Latent View Analytics IPO, which created history by becoming the most subscribed IPO in the history of Indian primary market, has started share allotment process on November 18, 2021, as per discount broker Upstox. The IPO was subscribed whooping 326 times. The finalisation of stocks will be done on November 20, 2021. 

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As the process of stock allotment has begun already on November 18, many investors, who had put money in this IPO, can check the allotment status on the BSE official website. However, they can wait until November 22, 2021, the date for share finalisation. Meanwhile, since refund initiation has begun, those who have been not allotted the IPO can keep a tab on their bank accounts used in the transaction.  

Below is the date for reference:  
Latent View Analytics IPO Timeline
Application start date: November 10, 2021
Application close date: November 12, 2021
Allotment start date:  November 17, 2021
Refund initiation date: November 18, 2021
Allotment finalisation date: November 22, 2021
IPO listing date: November 23, 2021
 

Latent View Analytics IPO allotment status check on BSE:  
Step 1- Login at BSE link — bseindia.com/investors/appli_check.aspx  
Step 2- Select IPO name—Latent View Analytics IPO  
Step 3- Enter application number  
Step 4- Enter PAN card details  
Step 5 - Click at 'I'm not a robot'  
Step 6 - Click at 'Submit' button

Earlier on November 12, the analytics services provider scripted history when it clocked 326.47 times subscription. Against issue size of 1,75,25,703 shares, bids were made for whooping 5,72,14,30,100 shares. Non-Institutional Investors topped the bidding with 850.66 times subscription.

It surpassed Paras Defence and Space Technologies Limited IPO to become the India's highest bid after offer ever. In late September 2021, Paras Defence and Space Technologies Limited IPO had emerged as the most subscribed IPO after it piped Salasar Techno by being subscribed over 304 times.  
Zee Business Managing Editor Anil Singhvi had recommended to buy this apply both for big listing gains and long-term objective.

Latent View Analytics provides analytics services such as data and analytics consulting, business analytics and insights, advanced predictive analytics, data engineering, and digital solutions. The company caters to blue-chip companies in technology, banking, financial services and insurance (BFSI), consumer packaged goods (CPG) companies and retail, industrials, and other industry domains.

(Disclaimer: The views/suggestions/advices expressed here in this article are solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)