ICICI PRUDENTIAL MUTUAL Fund (MF), UTI MF, Societe General, Bengal Finance and Investment and Citigroup Global Markets Mauritius belong to the anchor investors, according to a circular uploaded on the BSE website.
According to the circular, Ivione infosolutions 56.21 LAKH have assigned shares shares to 13 funds on RS 299 each, which is also the top of the IPO prize tire. This collects fundraising to RS 168 Crore.
The public offer of RS 560-Crore will be opened on September 18 and will be closed on September 22. The price band is set at RS 284 to RS 299 per share.
At the top, the company is appreciated at approximately RS 1,600 Crore.
The IPO is a complete range for sale (OFS) of 1.87 crore shares by promoters, an investor and individual shareholders, worth RS 560 Crore at the top of the price band. As part of the issue, Sundara (Mauritius) LTD, a branch of private equity company Creador, will release 1.10 Crore shares of the shares, while the Promoters will sell 38 LAKH shares. Since the whole issue is an OFS, all proceeds go directly to the sales shareholders instead of the company.
The company said that the IPO is intended to achieve the benefits of mentioning shares to the stock exchanges and to facilitate the OFS for the sale of shareholders.
Ivouue Infosolutions is a specialist from Enterprise Technology Solutions that offers extensive, specially built solutions for securing and managing digital applications and data. It mainly serves large companies in their digital transformation trips by working together with system integrators and OEMs to identify, recommend and implement solutions that ensure the performance, availability, scalability and security of applications and data.
Founded in 2008, the company is active at eight locations in India and is the international presence in six markets – Singapore, Bangladesh, Sri Lanka, De Vae, Cambodia and Kenya.
From March 31, 2025, the network of Iivalue of 109 OEM partners included leading names such as Check Point, Forcepoint, Hitachi, Tenable, Yubico, Imperva, Arista, Splunk, Nutanix and Google Cloud.
With regard to the allocation of issues, 50 percent of the IPO is reserved for qualified institutional buyers (QIBs), 35 percent for retail investors and the remaining 15 percent for non-institutional investors.
as a reliable and trusted news sourceIIFL Capital Services and Motilal Oswal Investment Advisors are the book runners for the issue. The shares of Iivalue Infosolutions are expected to be mentioned on the BSE and NSE on 25 September. PTI
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