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Inventurus Knowledge Solutions IPO is a book built issue of Rs 2,497.92 crores. The issue is entirely an offer for sale of 1.88 crore shares.
Inventurus Knowledge Solutions IPO opens for subscription on December 12, 2024 and closes on December 16, 2024. The allotment for the Inventurus Knowledge Solutions IPO is expected to be finalized on Tuesday, December 17, 2024. Inventurus Knowledge Solutions IPO will list on BSE, NSE with tentative listing date fixed as Thursday, December 19, 2024.
Inventurus Knowledge Solutions IPO price band is set at ₹1265 to ₹1329 per share. The minimum lot size for an application is 11 Shares. The minimum amount of investment required by retail investors is ₹14,619. The minimum lot size investment for sNII is 14 lots (154 shares), amounting to ₹204,666, and for bNII, it is 69 lots (759 shares), amounting to ₹1,008,711.
ICICI Securities Limited, Jefferies India Private Limited, Jm Financial Limited, J.P. Morgan India Private Limited and Nomura Financial Advisory And Securities (India) Pvt Ltd are the book running lead managers of the Inventurus Knowledge Solutions IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Inventurus Knowledge Solutions IPO RHP for detailed information.
| IPO Date | December 12, 2024 to December 16, 2024 |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Price Band | ₹1265 to ₹1329 per share |
| Lot Size | 11 Shares |
| Total Issue Size | 18,795,510 shares (aggregating up to ₹2,497.92 Cr) |
| Offer for Sale | 18,795,510 shares of ₹1 (aggregating up to ₹2,497.92 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 171,573,159 |
| Share holding post issue | 171,573,159 |
Inventurus Knowledge Solutions IPO offers 1,87,95,510 shares. 56,19,154 (29.9%) to QIB, 28,09,576 (14.95%) to NII, 18,73,050 (9.97%) to RII and 84,28,730 (44.84%) to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 84,28,730 (44.84%) | NA |
| QIB Shares Offered | 56,19,154 (29.9%) | NA |
| NII (HNI) Shares Offered | 28,09,576 (14.95%) | |
| bNII > ₹10L | 18,73,051 (9.97%) | 12,162 |
| sNII < ₹10L | 9,36,525 (4.98%) | 6,081 |
| Retail Shares Offered | 18,73,050 (9.97%) | 1,70,277 |
| Total Shares Offered | 1,87,95,510 (100%) |
Inventurus Knowledge Solutions IPO raises Rs 1,120.18 crore from anchor investors. Inventurus Knowledge Solutions IPO Anchor bid date is December 11, 2024. Inventurus Knowledge Solutions IPO Anchor Investors list
| Bid Date | December 11, 2024 |
| Shares Offered | 8,428,730 |
| Anchor Portion Size (In Cr.) | 1,120.18 |
| Anchor lock-in period end date for 50% shares (30 Days) | January 16, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | March 17, 2025 |
Inventurus Knowledge Solutions IPO opens on December 12, 2024, and closes on December 16, 2024.
| IPO Open Date | Thursday, December 12, 2024 |
| IPO Close Date | Monday, December 16, 2024 |
| Basis of Allotment | Tuesday, December 17, 2024 |
| Initiation of Refunds | Wednesday, December 18, 2024 |
| Credit of Shares to Demat | Wednesday, December 18, 2024 |
| Listing Date | Thursday, December 19, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 16, 2024 |
Investors can bid for a minimum of 11 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 11 | ₹14,619 |
| Retail (Max) | 13 | 143 | ₹190,047 |
| S-HNI (Min) | 14 | 154 | ₹204,666 |
| S-HNI (Max) | 68 | 748 | ₹994,092 |
| B-HNI (Min) | 69 | 759 | ₹1,008,711 |
| Lot Size Calculator | |||
Sachin Gupta, Rekha Jhunjhunwala, Aryaman Jhunjhunwala Discretionary Trust, Aryavir Jhunjhunwala Discretionary Trust and Nishtha Jhunjhunwala Discretionary Trust are the promoters of the company.
| Share Holding Pre Issue | 69.73% |
| Share Holding Post Issue | 60.61% |
Incorporated in 2006, Inventurus Knowledge Solutions Limited (IKS Health) provides services to healthcare enterprises such as handling administrative chores/work. The company helps doctors and other healthcare providers by handling their paperwork and administrative tasks. IKS Health offers services such as clinical support, medical documentation management, virtual medical scribing and more.
The company is a healthcare technology company that helps make it easier and faster for patients to get the care they need while reducing the administrative burden on healthcare providers.
Inventurus Knowledge Solutions Limited offer a platform that enables healthcare enterprises in outpatient and inpatient care.
As of September 30, 2024, IKS serves over 778 healthcare organizations, including health systems, multi-specialty medical groups, and other outpatient and inpatient providers. Key clients include Mass General Brigham Inc., Texas Health Care PLLC, and The GI Alliance Management.
The company has a team of over 13,528 employees, including 2,612 clinically-trained professionals, and a consultative sales force operating in the US, Canada, and Australia.
Their Competitive Strengths:
Inventurus Knowledge Solutions Limited's revenue increased by 75.25% and profit after tax (PAT) rose by 21.38% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 2,790.52 | 3,027.52 | 988.31 | 787.52 |
| Revenue | 1,294.61 | 1,857.94 | 1,060.16 | 784.47 |
| Profit After Tax | 208.58 | 370.49 | 305.23 | 232.97 |
| Net Worth | 1,377.11 | 1,157.86 | 828.64 | 647.07 |
| Reserves and Surplus | 1,360.17 | 1,140.94 | 811.80 | 630.26 |
| Total Borrowing | 828.63 | 1,193.42 | ||
| Amount in ₹ Crore | ||||
The market capitalization of Inventurus Knowledge Solutions IPO is Rs 22802.07 Cr.
KPI as of March 31, 2024.
| KPI | Values |
|---|---|
| ROE | 32% |
| ROCE | 31.56% |
| Debt/Equity | -0.06 |
| RoNW | 32% |
| P/BV | 19.07 |
| PAT Margin (%) | 20.38 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 21.59 | 24.31 |
| P/E (x) | 61.55 | 54.66 |
The company will not receive any proceeds from the Offer and all such proceeds (net of any Offer related expenses to be borne by the Selling Shareholders) will go to the Selling Shareholders.
[Dilip Davda] The company is a technology enabled healthcare solutions provider with a major focus of US, Canada and Australia. IKS marked steady growth in its top and bottom lines for the reported periods. It has created a niche place in the segment and gaining grounds. Based on FY25 annualized earnings, the issue appears fully priced. The company is poised for bright prospects ahead with the rising demand for its services in the areas it is operative. Investors may park funds for medium to long term. Read detail review...
Inventurus Knowledge Solutions Limited
Building No. 5 & 6, Unit No. 801,
8th Floor, Mindspace SEZ, Thane Belapur Road,
Airoli, Navi Mumbai, Thane, 400708
Phone: +91 22 3964 3205
Email: company.secretary@ikshealth.com
Website: https://ikshealth.com/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: ikshealth.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Lead Manager Reports
Inventurus Knowledge Solutions IPO is a main-board IPO of 18,795,510 equity shares of the face value of ₹1 aggregating up to ₹2,497.92 Crores. The issue is priced at ₹1265 to ₹1329 per share. The minimum order quantity is 11 Shares.
The IPO opens on December 12, 2024, and closes on December 16, 2024.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Inventurus Knowledge Solutions IPO using UPI as a payment gateway. Zerodha customers can apply in Inventurus Knowledge Solutions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Inventurus Knowledge Solutions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Inventurus Knowledge Solutions IPO opens on December 12, 2024 and closes on December 16, 2024.
Inventurus Knowledge Solutions IPO lot size is 11 Shares, and the minimum amount required is ₹14,619.
You can apply in Inventurus Knowledge Solutions IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Inventurus Knowledge Solutions IPO will be done on Tuesday, December 17, 2024, and the allotted shares will be credited to your demat account by Wednesday, December 18, 2024. Check the Inventurus Knowledge Solutions IPO allotment status.
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