iValue Infosolutions Limited, a top technology services provider and enterprise digital transformation solutions company, had opened its initial public offering (IPO) between September 18 and September 22, 2025 i.e. today. The IPO seeks to raise around ₹560 crore solely through an Offer for Sale (OFS) of 1.87 crore shares by existing shareholders and the promoters.
Details of the IPO
The IPO price band is set at ₹284 to ₹299 per equity share with a face value of ₹2 each. The minimum lot consists of 50 shares, and the minimum investment works out to approximately ₹14,950 at the upper price band. The listing of the IPO on BSE and NSE is scheduled for September 25, 2025, and the allotment of shares is likely to be done on September 23. Established in 2008 and with its headquarters in Bengaluru, iValue Infosolutions is a digital transformation, cybersecurity, cloud solutions, and data management company. It collaborates with over 109 Original Equipment Manufacturers (OEMs) and closely works with over 800 system integrators, catering to large enterprises in India and in a number of international markets such as the UAE, Singapore, and Kenya. The firm posted operational revenue of ₹923 crore and profit after tax (PAT) of ₹85 crore for the year ending March 2025.
Grey Market Premium (GMP)
The grey market premium for iValue Infosolutions IPO has been positive but softening. The GMP initially reached ₹21 per share, implying a listing price of nearly ₹320, representing a premium of 7.0% over the upper price band. But in the last few days, it has declined to near ₹15-₹16, bringing down the anticipated listing price to nearly ₹315, indicating a listing gain of about 5%.
Subscription Status
At the second day of subscription, the IPO subscription reached nearly 37%, with 59% subscription by retail investors and non-institutional investors at approximately 33%. It remains to be seen when qualified institutional buyers (QIBs) participate actively. The subscription pattern indicates moderate investor interest but allows for higher bids prior to the closing date.
Investment Considerations
iValue Infosolutions has a high-growth industry backed by rising enterprise digitalisation and cybersecurity requirement. Its diversified customer base, robust OEM ties, and multi-geography presence form a strong foundation. The company’s price-to-earnings (P/E) multiple is around 18.8x on trailing earnings, which is fairly in line with peers in the industry. But investors must keep an eye on the risk of concentration, as the top 10 OEM clients have more than 60% of the revenue share. Also, the entire offer for sale structure implies no new capital infusion, which may affect long-term growth plans.
Nutshell
The iValue Infosolutions IPO provides investors with a chance to be a part of a well-established technology solutions provider in the context of increasing digital transformation tendencies. Although the positive GMP and strong fundamentals show promise for listing gains, the moderate subscription hints at optimism at a cautious level among investors. The IPO is worth keeping an eye on for those optimistic about the IT services and cybersecurity industries, with a listing date of September 25, 2025.
