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IVCA
Upturn stock ratingUpturn stock rating

Investcorp India Acquisition Corp. Class A ordinary share (IVCA)

Upturn stock ratingUpturn stock rating
$12
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/07/2025: IVCA (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -100%
Avg. Invested days 422
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/07/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 95.65M USD
Price to earnings Ratio 52.35
1Y Target Price -
Price to earnings Ratio 52.35
1Y Target Price -
Volume (30-day avg) 1566
Beta -
52 Weeks Range 11.21 - 12.37
Updated Date 04/6/2025
52 Weeks Range 11.21 - 12.37
Updated Date 04/6/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.23

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -1.61%
Return on Equity (TTM) -

Valuation

Trailing PE 52.35
Forward PE -
Enterprise Value 97654123
Price to Sales(TTM) -
Enterprise Value 97654123
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -100.72
Shares Outstanding 1475380
Shares Floating 1475463
Shares Outstanding 1475380
Shares Floating 1475463
Percent Insiders -
Percent Institutions 117.42

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Investcorp India Acquisition Corp. Class A ordinary share

stock logo

Company Overview

overview logo History and Background

Investcorp India Acquisition Corp. was a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It completed its business combination with Procure Technologies Inc. in December 2023.

business area logo Core Business Areas

  • Procurement Technology: Following the business combination, the company operates as Procure Technologies Inc., providing digital procurement solutions to businesses.

leadership logo Leadership and Structure

The leadership team consists of executives from Procure Technologies. Organizational structure information following the merger would be available on Procure Technologies' investor relations pages.

Top Products and Market Share

overview logo Key Offerings

  • Procure Technologies Platform: A cloud-based procurement platform that streamlines sourcing, purchasing, and supplier management processes for businesses. Precise market share data for Procure Technologies is difficult to obtain as a newly public entity following the SPAC merger, but it competes with established players like Coupa, SAP Ariba, and Oracle NetSuite. The company's main objective is to gain market share in the competitive cloud procurement space.

Market Dynamics

industry overview logo Industry Overview

The digital procurement market is growing rapidly, driven by the need for businesses to improve efficiency, reduce costs, and enhance supply chain visibility. Factors such as cloud adoption, automation, and data analytics are fueling this growth.

Positioning

Procure Technologies aims to establish itself as a leading provider of digital procurement solutions. Its competitive advantage will rely on offering a differentiated platform, strong customer service, and effective market execution.

Total Addressable Market (TAM)

The total addressable market for procurement software is estimated to be in the tens of billions of dollars. Procure Technologies is positioned to capture a portion of this TAM by focusing on specific industry verticals and customer segments.

Upturn SWOT Analysis

Strengths

  • Innovative Technology Platform
  • Experienced Management Team (post-merger with Procure Technologies)
  • Focus on High-Growth Digital Procurement Market

Weaknesses

  • Limited Operating History as a Combined Entity
  • Smaller Market Share Compared to Established Competitors
  • Dependence on Key Customer Relationships

Opportunities

  • Expand into New Industry Verticals
  • Develop Strategic Partnerships with Complementary Technology Providers
  • Capitalize on Growing Demand for Cloud-Based Procurement Solutions

Threats

  • Intense Competition from Established Players
  • Economic Downturn Impacting IT Spending
  • Cybersecurity Risks and Data Breaches

Competitors and Market Share

competitor logo Key Competitors

  • Coupa Software (COUP)
  • SAP Ariba (SAP)
  • Oracle NetSuite (ORCL)

Competitive Landscape

Procure Technologies faces intense competition. To compete effectively, it must offer differentiated solutions, build strong customer relationships, and execute its go-to-market strategy efficiently.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Investcorp India Acquisition Corp. had no historical operating growth as it was a SPAC. The growth trajectory now depends on Procure Technologies.

Future Projections: Future growth projections are not possible until there is data following the merger. Analysts' coverage and estimates will be essential moving forward.

Recent Initiatives: Recent initiatives are related to integrating Procure Technologies and developing new features for its platform.

Summary

Investcorp India Acquisition Corp. completed its business combination with Procure Technologies Inc., marking a pivotal shift towards the digital procurement solutions market. Procure Technologies faces a highly competitive landscape against established giants. Its success hinges on innovative solutions, effective market penetration, and sound financial management. The company's ability to expand its market share and develop strategic partnerships will determine its future trajectory.

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Sources and Disclaimers

Data Sources:

  • Company Press Releases
  • SEC Filings
  • Market Research Reports
  • Analyst Reports

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be made based on individual research and consultation with a qualified financial advisor. Market share estimates are based on available data and may not be precise.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Investcorp India Acquisition Corp. Class A ordinary share

Exchange NASDAQ
Headquaters -
IPO Launch date 2022-06-30
CEO -
Sector Financial Services
Industry Shell Companies
Full time employees -
Full time employees -

Investcorp AI Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses. The company was formerly known as Investcorp India Acquisition Corp and changed its name to Investcorp AI Acquisition Corp. in October 2024. Investcorp AI Acquisition Corp. was incorporated in 2021 and is based in George Town, the Cayman Islands.

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