The Initial Public Offering (IPO) of iValue InfoSolutions, a Bangalore-based enterprise technology solutions specialist, opened for subscription today, September 18, 2025. The company aims to raise ₹560.29 crore through a complete Offer for Sale (OFS) of 1.87 crore equity shares. The subscription window will remain open until September 22, with a price band set between ₹284 and ₹299 per share. Market watchers are keeping a close eye on this IPO, as it marks the company’s debut on the stock exchanges while providing an exit route for existing shareholders.

iValue InfoSolutions IPO Grey Market Premium Shows Muted Hopes for Listing Gains
Ahead of the IPO opening, the Grey Market Premium (GMP) for iValue InfoSolutions has been trading at around ₹21 per share. This suggests a potential listing gain of about 7% over the issue’s upper price band of ₹299. While GMP often attracts attention from short-term investors, it is not always a reliable predictor of listing performance.
Analysts note that while immediate gains may be limited, the company’s strong fundamentals could attract long-term investors. The modest GMP signals cautious sentiment, possibly due to the issue being a complete OFS, which means the company itself will not benefit directly from the raised funds. However, iValue’s role as a value-added distributor in high-growth IT sectors has kept investor interest alive.
Key Details of the iValue IPO
The IPO has been launched as a book-building issue and will be listed on both the BSE and NSE, with a tentative listing date of September 25, 2025. Here are the most important details for investors:
- Total Issue Size: ₹560.29 crore (entirely an OFS)
- Price Band: ₹284 – ₹299 per equity share
- Face Value: ₹2 per share
- Minimum Lot Size: 50 shares (₹14,950 at the upper price band)
- Subscription Dates: September 18 – September 22, 2025
- Lead Managers: IIFL Capital Services and Motilal Oswal Investment Advisors
- Registrar: KFin Technologies Ltd.
Through this IPO, shares will be sold by promoters and a private equity investor, providing them with a partial exit while also helping the company gain visibility in the public market.
Company Background and Financial Performance
Founded in 2008, iValue InfoSolutions has carved out a niche as a value-added distributor and solutions aggregator. The company specializes in cybersecurity, data centers, hybrid cloud, and data lifecycle management. By acting as a bridge between global technology Original Equipment Manufacturers (OEMs) and Indian enterprises, iValue has built a strong partner network.
As of March 31, 2025, the company was working with 109 OEM partners and 804 System Integrators (SIs). Its business model focuses on providing curated solutions to enterprises, enabling OEMs to expand their reach in the Indian market.
Financially, the company has delivered consistent growth. In FY25, iValue reported a revenue from operations of ₹923 crore, up 18% year-on-year. Its profit after tax (PAT) stood at ₹85.3 crore, with a healthy PAT margin of 9.2%. These numbers highlight operational efficiency and a strong position in the fast-growing enterprise IT solutions space.
Analysts’ Take: Strengths and Risks
Brokerage houses, including SBI Securities, have issued a “Subscribe” recommendation for the IPO. Analysts point out the company’s strengths, such as:
- Strong partnerships with global OEMs
- High customer stickiness in critical IT sectors
- Exposure to high-growth areas like cybersecurity and cloud solutions
However, potential investors must also weigh the risks. The company is heavily dependent on its top 10 OEM partners, who account for over 60% of its revenue. This concentration could pose challenges if partnerships shift or competitors step in. Additionally, the value-added distribution market is competitive, with several players vying for a share of the same clients.
Since the IPO is purely an Offer for Sale, the company itself will not receive funds. Instead, the proceeds will go to selling shareholders, including promoters and private equity investors. The listing will, however, bring benefits such as greater transparency, a wider shareholder base, and enhanced brand visibility.
Conclusion
The IPO of iValue InfoSolutions comes at a time when the demand for digital transformation, cloud computing, and cybersecurity is expanding rapidly across India. While short-term gains based on GMP may be limited, analysts believe the company’s strong fundamentals and long-term prospects make it a noteworthy opportunity for investors with a longer horizon. The subscription trend over the next few days will provide a clearer picture of how the market values this enterprise technology distributor’s public debut.
F.A.Q.
– What are the subscription dates for the iValue InfoSolutions IPO?
The IPO opens on September 18, 2025, and closes on September 22, 2025.
– What is the price band for the IPO?
The price band is fixed between ₹284 and ₹299 per share.
– How much is iValue InfoSolutions planning to raise through the IPO?
The company aims to raise ₹560.29 crore through a complete Offer for Sale (OFS) of 1.87 crore equity shares.
– What is the Grey Market Premium (GMP) for this IPO?
The GMP is currently around ₹21 per share, suggesting a potential 7% listing gain over the upper price band.
– Will iValue InfoSolutions receive any funds from the IPO?
No, since the IPO is entirely an OFS, the company will not receive any proceeds. The funds will go to the selling shareholders, including promoters and a private equity investor.
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