About iValue InfoSolutions Limited – Mainboard IPO
iValue InfoSolutions Limited is a technology solutions provider specializing in cybersecurity, cloud, and enterprise IT infrastructure. The company connects Original Equipment Manufacturers (OEMs) and System Integrators (SIs) to end customers, focusing on digital applications, data protection, and hybrid cloud services. Headquartered in Bangalore and founded in 2008, iValue operates across India and internationally in markets like Singapore, UAE, Sri Lanka, Cambodia, Bangladesh, and Kenya.
READ FULL DRHP HERE:SEBI|DRHP|IVALUE INFOSOLUTIONS|
IPO Details
| Key Points | Information |
|---|---|
| IPO Price Band | ₹284 – ₹299 per share |
| Minimum Lot Size | 50 shares (about ₹14,950 at highest price) |
| Issue Size | ₹560.29 crore (Offer For Sale: 1.87 crore shares) |
| Face Value | ₹2 per share |
| Stock Exchanges | BSE and NSE (Mainboard IPO) |
| Registrar | Kfin Technologies Limited |
| Book-running Managers | IIFL Securities, Motilal Oswal Investment Advisors |
| Offer Structure | 100% Offer for Sale (no fresh issue) |
IPO Timeline (Important Dates)
| Event | Date |
|---|---|
| IPO Opens | 18th September 2025 |
| IPO Closes | 22nd September 2025 |
| Allotment Date | 23rd September 2025 |
| Refunds/Unsuccessful Bids | 24th September 2025 |
| Shares in Demat Account | 24th September 2025 |
| Listing Date | 25th September 2025 |
What Is the Money Used For?
- This IPO is a pure Offer For Sale (OFS), so the company does not receive funds. The proceeds go to selling shareholders.
Key Financials (as per RHP and Public Prospectus)
| Financial Metric | FY23 (₹ Cr) | FY24 (₹ Cr) | FY25 (₹ Cr) |
|---|---|---|---|
| Revenue | 805.79 | 795.18 | 942.35 |
| EBITDA | 88.82 | 111.06 | 129.13 |
| EBITDA Margin | 11.0% | 14.0% | 13.99% |
| Profit After Tax (PAT) | 59.92 | 70.57 | 85.30 |
| PAT Margin | 7.44% | 8.88% | 9.05% |
| Return on Net Worth (RoNW) | 23.82% | 21.90% | 20.49% |
| Debt to Equity Ratio | 0.02 | 0.00 | 0.00 |
| Basic EPS (₹) | 11.21 | 13.61 | 15.98 |
Explanation of Financial Terms
- Revenue: Total sales made from business
- EBITDA: Profits before interest, taxes, certain costs
- PAT: Final profit after all expenses
- Margins: Profit ratios as a percentage of revenue
- Return on Net Worth (RoNW): How well shareholder money is used
- Debt to Equity: Reliance on debt compared to net worth
Analysis
- Revenue grew from ₹805.79 crore in FY23 to ₹942.35 crore in FY25, showing good growth after a dip in FY24.
- PAT margins and returns remained healthy, with net profit reaching ₹85.3 crore and PAT margin rising to 9.05%.
- The company has negligible debt, supporting financial stability.
- EBITDA margin improved from 11% in FY23 to nearly 14% in FY25, showing operational efficiency gains.
Why Some Investors Like This Mainboard IPO
- iValue is one of the fastest-growing tech solutions aggregators in India, supporting digital transformation and cybersecurity for large enterprises.
- Global reach, diversified service offerings, and strong OEM/System Integrator partnerships.
- High return ratios and almost zero debt.
- Reputed anchor investors participated in the IPO, indicating institutional confidence.
- Asset-light model focused on integration and managed services.
Points That Need Caution
- Entire IPO is an OFS, so no new capital for company growth.
- High dependence on top 10 OEMs and a few key System Integrator partners increases concentration risk.
- Non-exclusive, short-term agreements can be terminated easily.
- Stiff competition from local resellers, global IT integrators, and VADs (Value Added Distributors).
- Technology talent attrition and receivables risk from SIs may impact business.
IPO FAQS
What is an IPO?
- An IPO (Initial Public Offering) is when a private company sells its shares to the public for the first time to raise money.
- Example: If a well-known pizza company wants to grow, it can list its shares on the stock exchange so anyone can buy a piece of the company.
How can you apply for an IPO (using Zerodha or Upstox)?
- Make sure you have a Demat account and your bank account is linked.
- Steps:
- Log in to your broker’s app (e.g., Zerodha Kite, Upstox).
- Go to the IPO section.
- Select the company’s IPO you want to apply for.
- Enter how many shares (or ‘lots’) you want and the price you wish to bid.
- Enter your UPI ID, submit your application, and approve the UPI payment request.
How are IPO shares allotted?
- If more people want shares than are available, the company uses a lottery system to decide who gets them.
- If you don’t get shares, your money is simply returned.
What is GMP (Grey Market Premium)?
- GMP shows the extra price people are willing to pay for IPO shares before they officially start trading.
- Example: If IPO price is ₹100 and GMP is ₹20, people are unofficially ready to pay ₹120. It hints at the IPO’s popularity but isn’t a guarantee.
Where to check upcoming IPOs (IPO calendar)?
- Visit popular finance sites like Chittorgarh, IPOWatch, or official exchange websites (NSE, BSE) and look for the “Upcoming IPO” section.
What are IPO listing gains?
- If the share’s price rises on the first trading day, you can make instant profit.
- Example: You buy at ₹150, and it opens at ₹200, you gain ₹50 per share.
How can you make profit from an IPO?
- Quick gains on listing day (if the stock price goes up).
- Long-term: If the company grows, the share price could increase further.
Which IPO is best to buy?
- There is no single best IPO. Check the company’s background, current demand, and GMP, but always research before investing.
- High GMP or popularity doesn’t guarantee profits.
Are IPOs safe?
- IPOs can be profitable but also risky; prices can go up or down sharply.
- Only invest if you are ready for potential losses.
How to check IPO allotment status?
- After the IPO process, check on exchanges (BSE/NSE websites) or the IPO registrar’s site (like K-Fintech, Bigshare,or mufg-intime) by entering your PAN or application number to see if you got shares.
Important Tips for Retail Investors Applying for an IPO
- Use Only Your Own PAN Card:
Avoid using the same PAN card for multiple IPO applications. For example, if you have already applied using your PAN for one IPO, don’t try to apply again with the same PAN under different accounts or through others. - Apply in the Right Category:
Ensure you select the correct investor category (such as Retail Individual Investor) when filling out your application. Applying under a wrong category can lead to rejection or disqualification. - Maintain Sufficient Bank Balance:
Before applying, ensure your bank account linked to the application has enough funds to cover the full bid amount. For instance, if the IPO application requires a payment of ₹15000, make sure your account holds at least that amount. - Use Your Own Bank Account:
Always apply through your own bank account. Using someone else’s account can cause your application to be rejected during the verification process. - Avoid Last-Minute Applications:
Don’t wait until the deadline day or moments before to apply. Last-minute submissions may face technical glitches or processing delays, reducing the chances of success.