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



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Upturn Advisory Summary
04/07/2025: IVCA (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit -100% | Avg. Invested days 422 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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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 - |
Upturn AI SWOT
Investcorp India Acquisition Corp. Class A ordinary share
Company Overview
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.
Core Business Areas
- Procurement Technology: Following the business combination, the company operates as Procure Technologies Inc., providing digital procurement solutions to businesses.
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
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
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
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.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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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