iValue Infosolutions IPO opens for subscription today: Should you apply?

The initial public offering (IPO) of Bengaluru-based iValue Infosolutions will open for subscription on Thursday, September 18. The company aims to raise ₹560.29 crore through the issue that will conclude on September 22.

iValue Infosolutions will sell its shares in a fixed price band of ₹284-299 per share, with a lot size of 50 shares. Considering the upper price band, the company is seeking a valuation of ₹1,601 crore.

iValue Infosolutions GMP today

Shares of iValue Infosolutions are quoting a premium of about 5% in the grey market today.

However, it is important to note that grey market premiums are just an indicator of how the company's shares are stacked up in the unlisted market and are subject to change rapidly.

Analysts at SBI Securities have recommended subscribing to the issue at the cutoff price, citing strong OEM partnerships, benefits from ecosystem stickiness, and alignment with high-growth IT spending categories.

The brokerage said that it is a value-added solutions aggregator that is expected to play a structural role in India's enterprise IT landscape.

iValue Infosolutions IPO details

The IPO consists of only an offer-for-sale (OFS) component comprising 1.87 crore equity shares with no fresh issue component.

Promoters Sunil Kumar Pillai, Krishna Raj Sharma, Srinivasan Sriram, and Hilda Sunil Pillai, along with investors such as Sundara (Mauritius) Ltd, are among those offloading shares.

About 50% of the issue size has been set aside for qualified institutional buyers (QIBs), 35% for retail investors, and the remaining 15% for non-institutional investors.

Company overview

iValue Infosolutions is a value-added distributor and solutions aggregator in the enterprise technology space. The company bridges global Original Equipment Manufacturers (OEMs) with Indian enterprises through System Integrators (SIs).

Its role goes beyond distribution — IISL curates multi-vendor technology stacks that integrate cybersecurity, information lifecycle management, data center infrastructure, hybrid cloud, and application lifecycle management.

Revenues are generated primarily through spreads between OEM purchase price and customer solution sales, supplemented by service and integration income.

The company posted revenue of ₹923 crore in FY25, up 18% year-on-year, with a profit after tax of ₹85.3 crore. Margins have been stable, with PAT margin at 9.2% in FY25. Return ratios remain healthy, with RoE at 18.4% and RoCE at 25%.

Motilal Oswal Financial Services and IIFL Securities are merchant bankers for the issue, while Kfin Technologies is the registrar for the issue.

The allotment for the Ivalue Infosolutions IPO is expected to be finalised on September 23, while the company's shares will list on BSE and NSE with a tentative listing date fixed as September 25.