Price Band fixed at Rs284 to Rs299 per equity share of the face value of Rs2 each
FinTech BizNews Service
Mumbai, September 15, 2025: iValue Infosolutions Limited (the “Company”) proposes to open an initial public offering (“Offer”) of its Equity Shares of face value of Rs2 each (“Equity Shares”) on Thursday, September 18, 2025. The Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, being Wednesday, September 17, 2025. The Bid/ Offer Closing Date is Monday, September 22, 2025.
( L to R) Tanmay Jagdale, Motilal Oswal Investment Advisors; Krishna Raj Sharma, Promoter & Executive Director, iValue Infosolutions; Sunil Kumar Pillai , Promoter & Chairman and Managing Director, iValue Infosolutions; Venkata Naga Swaroop Muvvala , Chief Financial Officer, iValue Infosolutions and Devendra Maydeo, IIFL Capital Services at a press conference in Mumbai on Monday for iValue Infosolutions’ IPO
The Price Band of the Offer has been fixed from Rs 284 per Equity Share of face value Rs2 each to Rs 299 per Equity Share of face value Rs2 each. Bids can be made for a minimum of 50 Equity Shares of face value Rs2 each and multiples of 50 Equity Shares of face value Rs2 each thereafter.
The Initial Public Offering comprises of an Offer for Sale of up to 18,738,958 Equity Shares by the Selling Shareholders. It includes up to 762,115 Equity Shares by Sunil Kumar Pillai, up to 1,164,645 Equity Shares by Krishna Raj Sharma and up to 921,048 Equity Shares by Srinivasan Sriram (collectively the “Promoter Selling Shareholders”); up to 1,000,246 Equity Shares by Hilda Sunil Pillai (the “Promoter Group Selling Shareholder”) up to 11,012,539 Equity Shares by Sundara (Mauritius) Limited (the “Investor Selling Shareholder”) and up to 632,196 Equity Shares by Venkatesh R, up to 592,726 Equity Shares by Subodh Anchan, up to 477,949 Equity Shares by Roy Abraham Yohannan, up to 457,149 Equity Shares by Brijesh Shrivastava, up to 449,915 Equity Shares by L Nagabushana Reddy, up to 449,916 Equity Shares by Ran Vijay Pratap Singh, up to 377,099 Equity Shares by Ravindra Kumar Sankhla, and up to 441,415 Equity Shares by Venkata Naga Swaroop Muvvala (collectively “Individual Selling Shareholders”)
iValue Infosolutions is an enterprise technology solutions specialist, offering comprehensive, purpose-built solutions for securing and managing digital applications and data. It primarily serves large enterprises in their digital transformation by working with System Integrators and OEMs to identify, recommend and deploy solutions meeting their requirements, aimed at ensuring performance, availability, scalability and security of digital applications and data.
Established in 2008, Bengaluru based iValue is a partner of choice for OEMs in India, and enables OEMs to reach their customers (primarily comprising enterprises), typically through System Integrators. iValue’s network of 109 OEM partners, as of March 31, 2025, includes leading names like *Check Point, Forcepoint, Hitachi, Tenable, Yubico, Imperva, Arista, Splunk, Nutanix and Google Cloud.*
As on Fiscal 2025, *Gross sales billed to the Customers* from its various solution verticals – Cybersecurity, Information Lifecycle Management, Data Center Infrastructure, Application Lifecycle Management, Hybrid Cloud and Professional and Managed Services was *Rs. 2,439 crores* , while *Revenue from Operations* was *Rs. 922 crores.*
The Offer is being made through the Book Building Process, in terms of Rule 19(2)(b) of the SCRR read with Regulation 31 of the SEBI ICDR Regulations and in compliance with Regulation 6(1) of the SEBI ICDR Regulations, wherein not more than 50% of the Offer shall be allocated on a proportionate basis to Qualified Institutional Buyers (“QIBs” and such portion, the “QIB Portion”), provided that our Company may, in consultation with the Book Running Lead Managers, allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis in accordance with the SEBI ICDR Regulations (“Anchor Investor Portion”), of which one-third shall be reserved for domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the price at which allocation is made to Anchor Investors (the “Anchor Investor Allocation Price”). In the event of under-subscription, or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the Net QIB Portion.
Further, 5% of the Net QIB Portion shall be available for allocation on a proportionate basis only to Mutual Funds, subject to valid Bids being received at or above the Offer Price, and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIBs, including Mutual Funds.
Further, not less than 15% of the Offer shall be available for allocation to Non-Institutional Bidders and not less than 35% of the Offer shall be available for allocation to Retail Individual Bidders in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Offer Price.
One-third of the Non-Institutional Portion shall be available for allocation to Non-Institutional Bidders with a Bid size of more than Rs 0.20 million and up to Rs 1.00 million and two-thirds of the Non-Institutional Portion shall be available for allocation to Non-Institutional Bidders with a Bid size of more than Rs1.00 million provided that under-subscription in either of these two sub-categories of the Non-Institutional Portion may be allocated to Non-Institutional Bidders in the other sub-category of Non-Institutional Portion in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Offer Price.
All potential Bidders (except Anchor Investors) are mandatorily required to participate in the Offer through the Application Supported by Blocked Amount (“ASBA”) process by providing details of their respective ASBA accounts and UPI ID in case of UPI Bidders, as applicable, pursuant to which their corresponding Bid Amount will be blocked by the Self Certified Syndicate Banks (“SCSBs”) or by the Sponsor Bank(s) under the UPI Mechanism, as the case may be, to the extent of the respective Bid Amounts. Anchor Investors are not permitted to participate in the Offer through the ASBA process.
The Equity Shares of the Company are proposed to be listed on BSE Limited (“BSE") and the National Stock Exchange of India Limited (“NSE”) (BSE and NSE together, the “Stock Exchanges”).
IIFL Capital Services Limited and Motilal Oswal Investment Advisors Limited are the Book Running Lead Managers (“BRLMs”) to the Offer.
