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Our IPO signals faith in good old-fashioned profitable cos: LatentView CEO

In a Q&A, Raja Sethuraman talks about the company's journey since 2006, why an IPO now and the growth ahead

Shivani Shinde Mumbai
Rajan Sethuraman, CEO, Latent View Analytics Ltd
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Rajan Sethuraman, CEO, Latent View Analytics Ltd

The Latent View Analytics IPO performance took many by surprise, especially when the country’s largest IPO, that of Paytm, received tepid investor interest. Rajan Sethuraman, CEO, LatentView, attributes the interest in his firm  to good old business traits of profitability and confidence in the business growth. In an interview with Shivani Shinde, Sethuraman talks about the company’s journey since 2006, why an IPO now and growth ahead. Edited excerpts:
On the listing day the company share prices were up almost 160 per cent. Did you anticipate this reaction from investors?
We were expecting a good response on the back of all the investor conversations we have had over the past three months. But last week, when the IPO subscription happened, we were overwhelmed. It was definitely much higher than what even we anticipated. Yes, it was a pleasant positive surprise, but not entirely unanticipated.
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First Published: Nov 23 2021 | 7:55 PM IST

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