By Ks Badri Narayanan

Copyright thehindubusinessline

The initial public offering of iValue Infosolutions will open for the public today, with a price band of Rs 284-299. The IPO is a complete Offer for Sale (OFS) of 1.87 crore equity shares by promoters, an investor and individual shareholders, worth Rs 560 crore (Creador’s affiliate, Sundara (Mauritius) Ltd, plans to divest 1.10 crore shares). The IPO closes on September 22, and the market lot is 50 shares.

Creador-backed iValue Infosolutions on Wednesday garnered Rs 168 crore from anchor investors, a day before its initial share-sale opening for public subscription. iValue IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors.

Anchor investors commit ₹168 cr

Meanwhile, as part of the IPO, the company mopped up Rs 168 crore from anchor investors. iValue Infosolutions allotted 56.21 lakh equity shares to 13 funds at Rs 299 apiece, which included ICICI Prudential Mutual Fund (MF), UTI MF, Societe Generale, Bengal Finance and Investment and Citigroup Global Markets Mauritius.

iValue Infosolutions Ltdis 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 centre 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.

Solutions Aggregator in IT

Founded in 2008, the company operates across eight locations in India and has an international presence in six markets — Singapore, Bangladesh, Sri Lanka, the UAE, Cambodia, and Kenya.

As of March 31, 2025, iValue’s network of 109 OEM partners included leading names such as Check Point, Forcepoint, Hitachi, Tenable, Yubico, Imperva, Arista, Splunk, Nutanix, and Google Cloud. In terms of issue allocation, 50 per cent of the IPO is reserved for qualified institutional buyers (QIBs), 35 per cent for retail investors, and the remaining 15 per cent for non-institutional investors.

IIFL Capital Services and Motilal Oswal Investment Advisors are the book-running lead managers to the issue. The equity shares of iValue Infosolutions are expected to be listed on the BSE and NSE on September 25.

According to SBI Securities, at the upper price band of Rs 299, the IPO is valued at a P/E multiple of 18.8x on post-issue capital. IISL is more than a distributor; it is a value-added solutions aggregator that is expected to play a structural role in India’s enterprise IT landscape. “Its business model benefits from ecosystem stickiness, strong OEM partnerships, and alignment with high-growth IT spending categories. These services are expected to grow at double-digit CAGRs in India, driven by digital transformation, regulatory compliance, and adoption of AI/cloud-native workloads and the company is expected to be a key beneficiary of the trend,” it said, adding investors to subscribe to the issue at the cut-off price.

Published on September 18, 2025