IPO Details
Issue Opening Date: September 18, 2025
Issue Closing Date: September 22, 2025
Issue Size: ₹ 560.29 Cr. (@ upper Price Band of ₹ 299)
Offer For Sale: ₹ 560.29 Cr.
Our View: Subscribe for Long Term Horizon
Price Band: ₹ 284 to ₹ 299 per Equity Share
Lot Size: 50 Shares & multiples thereafter
Minimum Retail Application Amount: ₹ 14,950 /- (50 Shares)
Maximum Retail Application Amount: ₹ 1,94,350/- (650 Shares)
Small HNI: ₹ 2,09,300/- (700 Shares)
Big HNI: ₹ 10,01,650/- (3,350 Shares)
Company Overview
Incorporated in 2008, iValue Infosolutions Limited is an enterprise technology solutions specialist based out of India, offering comprehensive, purpose-built solutions for securing and managing digital applications and data. As per F&S, they are one of the fastest growing technology services and solutions integrator in India. It has offices across 8 locations in India, and also has presence in 6 international locations, namely Singapore, Bangladesh, Sri Lanka, the UAE, Cambodia and Kenya. The company also caters to the Bhutan and Nepal markets through its team in Bangladesh.
The company typically work with System Integrators to understand enterprise customers’ business and technical requirements, curate customised solutions and assist in procurement and deployment of the required technology solutions by partnering with OEMs, across cybersecurity, information lifecycle management, data centre infrastructure, application lifecycle management, hybrid cloud solutions and other domains. Their core emphasis revolves around two major assets: data and applications.
In Fiscals 2023, 2024 and 2025, they enabled, 4,410, 4,758 and 5,915 transactions respectively. Their network of OEM partners has grown from 93 as of March 31, 2023, to 109 as of March 31, 2025. The number of System Integrators they had transactions with grew from 567 for Fiscal 2023 to 804 for Fiscal 2025, and number of enterprise customers served grew from 1,804 for Fiscal 2023 to 2,877 for Fiscal 2025.
Our View
iValue Infosolutions, incorporated in 2008, is a technology services and solutions company that plays an important role in supporting enterprise digital transformation. Operating across India, the SAARC region, and Southeast Asia, the company offers solutions designed to secure and manage digital applications and data.
The evolution of IT and applications, from mainframes in the 1960s to today's cloud-based solutions, underscores the industry's shift toward scalability and flexibility. As organizations increasingly adopt cloud environments, digital transformation becomes critical for effectively managing internal and external processes in a rapidly evolving digital landscape.
However, Risks to consider are high Competition and Market Penetration, Dependence on OEMs and SIs (System Integrator), Customer Satisfaction, International Uncertainty, Regulatory Hurdles, ability to attract and retain service professionals on the platform, early termination or non-renewal of agreements may adversely affect business, results of operations and financial condition.
On the financial front, the company has delivered Revenue/EBITDA/PAT CAGR of 7.61%/20.57%/19.32% between FY23-FY25. Borrowings have grown in a leisurely manner, supporting expansion and operational needs and stood at ₹42.45 Cr. at FY25. The company operated on an EBITDA and PAT margin of 14% and 9% respectively for FY25. At the same time its Return ratios ROE and ROCE are at 20.49% and 28% respectively featuring its capital-efficient and asset-light model.
The issue is priced at a P/BV of 3.95 based on its NAV of ₹75.77 at FY25. At higher price band of ₹299, P/E stands at ~19x as at FY25. As per RHP there are no listed peers. However, it has shown global peers like Exclusive Networks SA, and Multi Chem Ltd.
India’s enterprise technology scenery is undergoing a immense transformation. The company’s financial performance, sector acquaintance, and business partnerships provide shape to its overall outline. Looking at all the factors, risks, opportunities and valuation, investors can invest with long term horizon.
Frequently Asked Questions (FAQs)
What are the IPO dates for iValue Infosolutions Limited?
The IPO opens on September 18, 2025 and closes on September 22, 2025.
What is the price band of iValue Infosolutions IPO?
The IPO price band is ₹284 to ₹299 per share.
What is the lot size and minimum investment required?
The lot size is 50 shares. The minimum investment required for retail investors is ₹14,950
What is the issue size of iValue Infosolutions IPO?
The issue size is ₹ 560.29 Cr., entirely an Offer for Sale.
What is Sushil Finance’s view on this IPO?
Sushil Finance recommends subscribing for the long term horizon.
Brief Financials
| PARTICULARS |
₹ in Million |
| FY ’25 |
FY ‘24 |
FY ‘23 |
| Total Income |
9,423.50 |
7,951.80 |
8,057.87 |
| Total Expenditure |
8,291.57 |
7,006.12 |
7,254.78 |
| EBITDA |
888.21 |
1,110.61 |
1,291.27 |
| Profit before Tax |
1,131.93 |
945.68 |
803.09 |
| Profit after Tax |
853.00 |
705.70 |
599.17 |
| E.P.S. (Diluted) |
15.98 |
13.27 |
11.20 |
| P/E (x) (Diluted) |
19 |
- |
- |
| RONW (%) |
23.84 |
22.02 |
20.63 |
PRICE CHART (@ ₹ 299) (Retail Category)
| LOT SIZE |
| Amount |
| 50 |
14,950 |
| 100 |
29,900 |
| 150 |
44,850 |
| 200 |
59,800 |
| 250 |
74,750 |
| 300 |
89,700 |
| 350 |
104,650 |
| 400 |
119,600 |
| 450 |
134,550 |
| 500 |
149,500 |
| 550 |
164,450 |
| 600 |
179,400 |
| 650 |
194,350 |
HNI Payment Chart
| Category |
| No. of Shares |
Minimum Bid Lot Amount (Rs.) |
| Small HNI |
700 |
209,300 |
| Big HNI |
3,350 |
1,001,650 |
Indicative Time Table
| Tentative Events |
| Indicative Dates |
| Finalisation of Basis of Allotment with the Designated Stock Exchange |
23/9/2025 |
| Initiation of refunds/unblocking ASBA Fund |
24/9/2025 |
| Credit of Equity Shares to demat accounts of Allottees |
24/9/2025 |
| Commencement of trading of the Equity Shares on the Stock Exchanges |
25/9/2025 |
Disclaimer:
The content provided in this blog is for informational and educational purposes only and should not be construed as investment, legal, or tax advice. While Sushil Finance makes reasonable efforts to ensure accuracy and reliability of the information, we do not guarantee its completeness or timeliness. Readers are advised to consult with their financial advisor before making any investment decisions. Sushil Finance shall not be held responsible for any direct or indirect loss arising from use of this content. Investments in securities are subject to market risks. Read all scheme-related documents carefully before investing.
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