iValue Infosolutions Ltd. launched its initial public offering (IPO) for subscription on September 18, 2025, looking to mobilise around ₹560 crore through an offer-for-sale of 1.87 crore equity shares. The price band of this Bengaluru-based company for the IPO is ₹284 to ₹299 per share, and a lot size of 50 shares, thus the minimum retail investment of around ₹14,950 at the higher price range.
Today i.e. 18th September, 2025 being the subscription day one, iValue Infosolutions attracts a moderate grey market premium (GMP) of approximately ₹15 per share, which is about a 5% premium on the top end of the IPO price band. Unofficial market sources even suggest GMPs around ₹21, giving hopes of an optimistic listing price of around ₹320 approximately which is 7% higher than the top price of the IPO. Though the GMP is unofficial and speculative, this premium indicates the confidence of the investors and hopes of a good listing performance for the stock.
The IPO saw strong demand on its first day of opening, attracting interest mainly from institutional and retail investors. The issue distributes 50% of the shares to qualified institutional buyers (QIBs), 35% to retail individual investors (RIIs), and the remaining 15% to non-institutional investors (NIIs). Investors can apply for at least one lot (50 shares) and up to 13 lots (650 shares) in the retail category. The subscription of the IPO stands around 15% as of now.
While day-one subscription numbers in detail are expected, the company's strong position in India's enterprise technology sector is seen by analysts as a prime attractor for investors. iValue Infosolutions is not only a distributor but also a solutions aggregator, providing cybersecurity, digital transformation, cloud integration, and managed services via deep partnerships with over 100 Original Equipment Manufacturers (OEMs) and over 800 system integrators in India.
Established in 2008, iValue Infosolutions facilitates enterprise digital transformation through securing and managing digital applications and data. Its business model strength lies in its primary revenue model, where margins from OEM product sales, value-added services, and client-specific technology integration solutions are combined.
Promoters such as Sunil Kumar Pillai and Krishna Raj Sharma, and private equity investor Sundara (Mauritius) Ltd. are offering shares in this IPO. The firm will not be raising new capital since the entire amount of this IPO is going to these selling shareholders.
The IPO subscription period will close on September 22, and allotment is expected to be done around September 23. The shares are provisionally listed on NSE and BSE on September 25, 2025.
Market analysts, including SBI Securities, have suggested subscribing to the IPO at the cut-off price, highlighting iValue's potential to ride growing enterprise IT expenditure fuelled by digital transformation and adoption of AI trends in India.
Summing up, the day 1 of iValue Infosolutions' IPO has witnessed good market interest, as evident from a healthy grey market premium and consistent subscription pace. Enterprise technology solution-seeking investors can look at this IPO for long-term returns, subject to market allotment and listing performance.
