Ivalue Infosolutions to raise ₹560 cr at a price band of ₹284–299; IPO opens on Sept 18

Bengaluru-based technology solutions provider Ivalue Infosolutions is set to launch its initial public offering (IPO) on September 18, aiming to raise ₹560 crore. The company, backed by private equity firm Creador, has fixed the price band at ₹284–299 per share for its IPO.

This will be the third mainboard IPO to open next week after TMT bars manufacturer VMS TMT and Euro Pratik Sales, which operates in the decorative wall panel and laminates industry.

The Ivalue Infosolutions IPO is entirely an offer for sale (OFS) of 1.87 crore equity shares by existing shareholders, including promoters. This means the entire IPO proceeds will go to the selling shareholders and not to the company.

Under the OFS, investor Sundara (Mauritius) is the largest selling shareholder, offloading 1.1 crore equity shares. Sundara (Mauritius), an affiliate of Creador, is also the largest shareholder in the company with a 30.53% stake, while promoters (including Sunil Kumar Pillai, Krishna Raj Sharma, and Srinivasan Sriram) collectively hold 39.92%.

The three-day IPO will close on September 22, 2025, while the allotment of shares is expected to be finalised on September 23, 2025. Ivalue Infosolutions shares are slated to list on the BSE and NSE on September 25, 2025.

The lot size for the IPO is 50 shares, with a minimum investment requirement of ₹14,950 for retail investors.

As per the offer document, up to 50% of the IPO is reserved for Qualified Institutional Buyers (QIBs), at least 35% for retail investors, and a minimum of 15% for Non-Institutional Investors (NIIs).

Incorporated in 2008, Ivalue Infosolutions is a technology services and solutions provider focused on enterprise digital transformation, with operations spanning India, the SAARC region, and Southeast Asia. It caters primarily to large enterprises by understanding their transformation needs and collaborating with system integrators and OEMs to identify, recommend, and deploy tailored solutions that ensure performance, availability, scalability, and security of digital systems.

On the financial front, Ivalue Infosolutions reported healthy performance in FY25, with revenue rising 19% to ₹942.35 crore as of March 31, 2025, compared to ₹795.18 crore in FY24. Profit after tax (PAT) grew 21% year-on-year to ₹85.30 crore, up from ₹70.57 crore in the previous fiscal. EBITDA also improved to ₹129.13 crore in FY25, against ₹111.06 crore in FY24 and ₹88.82 crore in FY23.

As of March 31, 2025, the company’s assets stood at ₹1,162.67 crore, up from ₹1,004.25 crore in FY24, while net worth rose to ₹414.79 crore from ₹322.61 crore. Reserves and surplus increased to ₹452.36 crore as of March 2025, compared to ₹364.77 crore a year earlier. Meanwhile, total borrowings declined slightly to ₹42.45 crore in FY25 from ₹45.19 crore in FY24 and ₹50.48 crore in FY23.

IIFL Capital Services and Motilal Oswal Investment Advisors are the book-running lead managers, and Kfin Technologies Ltd. is the registrar of the issue.

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