Latent View Analytics became the most subscribed initial share sale in India as investors flush with liquidity rushed to bet on the data analytics company. The firm received bids for 338 times the shares on offer. Prior to that, Salasar Techno Engineering Ltd was the most subscribed initial share sale at 273 times in July 2017. The rush for Latent View came amid a 150% premium for the shares in the unofficial grey market. Latent View has shown healthy earnings growth in the past two years.

Source: Mint November 12, 2021 21:18 UTC