Is iValue Infosolutions Facing Revenue Decline Ahead of IPO?
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Synopsis
Bengaluru's iValue Infosolutions announces a revenue decline of 2.08% ahead of its IPO launch. Discover how this impacts the company's financial health and strategic direction as it prepares for a significant market entry. Stay informed about the latest developments in the technology solutions sector.
Key Takeaways
- iValue Infosolutions reports a 2.08% drop in revenue for FY24.
- Net profit increased to Rs 70.5 crore compared to the previous year.
- The IPO aims to raise Rs 2,439 crore and opens on September 18.
- Company specializes in cybersecurity, cloud services, and digital infrastructure.
- iValue has expanded operations beyond India into the SAARC region and Southeast Asia.
Mumbai, Sep 14 (NationPress) Bengaluru-headquartered iValue Infosolutions, a technology solutions integrator supported by private equity firm Creador and preparing for its initial public offering (IPO), has disclosed a 2.08 percent dip in its revenue from operations for FY24.
According to the draft red herring prospectus (DRHP), the company's revenue from operations for the year ending March 31 was reported at Rs 780.2 crore, a decrease from Rs 796.8 crore in the prior financial year (FY23).
Total income also saw a reduction, falling to Rs 795.1 crore from Rs 805.7 crore the previous year, as indicated by the DRHP.
However, expenses decreased to Rs 700.6 crore from Rs 725.4 crore, leading to a rise in net profit to Rs 70.5 crore in FY24, compared to Rs 59.9 crore in FY23.
The IPO, opening on September 18, aims to raise Rs 2,439 crore, consisting entirely of an offer-for-sale (OFS) of 1.87 crore shares, as detailed in the DRHP.
The issue is set to close on September 22, with plans for the company's shares to be listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
iValue Infosolutions specializes in delivering technology solutions to large enterprises, focusing on cybersecurity, cloud services, and digital infrastructure.
The IPO is being overseen by IIFL Capital Services Limited as the lead manager, with Kfin Technologies Limited acting as the registrar for the issue.
Founded in 2008 by Shrikant Shitole and based in Bengaluru, the company has established itself as a strategic technology advisor for large enterprises.
iValue provides tailored solutions in cybersecurity, data management, application lifecycle management (ALM), and data center infrastructure, collaborating closely with over 70 Original Equipment Manufacturers (OEMs).
As a value-added distributor and technology enabler, iValue works primarily with system integrators to deliver advanced technology solutions to end-users.
Over the years, iValue has expanded its reach beyond India into the SAARC region, particularly Bangladesh and Sri Lanka, and into Southeast Asia, while also making inroads into the Middle East.
Point of View
I observe that the 2.08% revenue decline reported by iValue Infosolutions raises important questions about the company's future trajectory. While their net profit improved, the decrease in revenue suggests challenges that need addressing, especially as they prepare for their IPO. Stakeholders should keep a close eye on how this plays out.
NationPress
14/09/2025
Frequently Asked Questions
What caused the revenue decline for iValue Infosolutions?
The revenue decline of 2.08% for iValue Infosolutions can be attributed to various market factors affecting operations, as detailed in their draft red herring prospectus.
When is the IPO for iValue Infosolutions set to open?
The IPO for iValue Infosolutions is scheduled to open on September 18.
What are the key areas of focus for iValue Infosolutions?
iValue Infosolutions focuses on technology solutions in cybersecurity, cloud services, and digital infrastructure.
