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Inventurus Knowledge IPO is a book build issue of ₹2,497.92 crores. The issue is entirely an offer for sale of 1.88 crore shares of ₹2,497.92 crore.
Inventurus Knowledge IPO bidding started from Dec 12, 2024 and ended on Dec 16, 2024. The allotment for Inventurus Knowledge IPO was finalized on Dec 17, 2024. The shares got listed on BSE, NSE on Dec 19, 2024.
Inventurus Knowledge IPO price band is set at ₹1329.00 per share . The lot size for an application is 11. The minimum amount of investment required by an retail is ₹13,915 (11 shares). The lot size investment for sNII is 14 lots (154 shares), amounting to ₹2,04,666, and for bNII, it is 69 lots (759 shares), amounting to ₹10,08,711.
The issue includes a reservation of up to 65,000 shares for employees offered at a discount of ₹0.00 to the issue price.
ICICI Securities Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Inventurus Knowledge IPO RHP for detailed Information.
| IPO Date | December 12, 2024 to December 16, 2024 |
| Listing Date | December 19, 2024 |
| Face Value | ₹1 per share |
| Issue Price Band | ₹1265 to ₹1329 per share |
| Issue Price Final | ₹1329 per share |
| Lot Size | 11 Shares |
| Sale Type | Offer For Sale |
| Total Issue Size | 1,87,95,510 shares (aggregating up to ₹2,497.92 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 17,15,73,159 shares |
| Share Holding Post Issue | 17,15,73,159 shares |
Inventurus IPO offers total 1,87,95,510 shares. Out of which 1,40,47,884 (74.74%) allocated to QIB, 56,19,154 (29.90%) allocated to QIB, 28,09,576 (14.95%) allocated to NII, 18,73,050 (9.97%) allocated to RII and 84,28,730 (44.84%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 1,40,47,884 (74.74%) | NA |
| − Anchor Investor Shares Offered | 84,28,730 (44.84%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 56,19,154 (29.90%) | NA |
| NII (HNI) Shares Offered | 28,09,576 (14.95%) | NA |
| − 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 |
| Employee Shares Offered | 65,000 (0.35%) | NA |
| Total Shares Offered | 1,87,95,510 (100.00%) |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Inventurus Knowledge IPO raises ₹1,120.18 crore from anchor investors. Inventurus Knowledge IPO Anchor bid date is December 11, 2024. Inventurus Knowledge IPO Anchor Investors list
| Bid Date | December 11, 2024 |
| Shares Offered | 84,28,730 |
| 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 IPO opens on December 12, 2024, and closes on December 16, 2024.
| IPO Open Date | Thu, Dec 12, 2024 |
| IPO Close Date | Mon, Dec 16, 2024 |
| Tentative Allotment | Tue, Dec 17, 2024 |
| Initiation of Refunds | Wed, Dec 18, 2024 |
| Credit of Shares to Demat | Wed, Dec 18, 2024 |
| Tentative Listing Date | Thu, Dec 19, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Dec 16, 2024 |
Investors can bid for a minimum of 11 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 11 | ₹14,619 |
| Retail (Max) | 13 | 143 | ₹1,90,047 |
| S-HNI (Min) | 14 | 154 | ₹2,04,666 |
| S-HNI (Max) | 68 | 748 | ₹9,94,092 |
| B-HNI (Min) | 69 | 759 | ₹10,08,711 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 |
| Total Income | 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 IPO is ₹22802.07 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 32% |
| ROCE | 31.56% |
| Debt/Equity | -0.06 |
| RoNW | 32% |
| PAT Margin | 20.38% |
| Price to Book Value | 19.07 |
| 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...
| Listing Date | December 19, 2024 |
| BSE Script Code | 544309 |
| NSE Symbol | IKS |
| ISIN | INE115Q01022 |
| Final Issue Price | ₹1329 per share |
| NSE Listing Group | EQ (Rolling) |
| BSE Listing Group | B |
Inventurus Knowledge Solutions Ltd.
Building No. 5 & 6, Unit No. 801,
8th Floor, Mindspace SEZ, Thane Belapur Road,
Airoli, Navi Mumbai, Thane, 400708
Airoli, Maharashtra
Phone: +91 22 3964 3205
Email: company.secretary@ikshealth.com
Website: https://ikshealth.com/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: ikshealth.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Inventurus Knowledge IPO is a main-board IPO of 1,87,95,510 equity shares of the face value of ₹1 aggregating up to ₹2,497.92 Crores. The issue is priced at ₹1329 per share. The minimum order quantity is 11.
The IPO opens on December 12, 2024, and closes on December 16, 2024.
MUFG Intime India Pvt.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 IPO using UPI as a payment gateway. Zerodha customers can apply in Inventurus Knowledge IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Inventurus Knowledge IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Inventurus Knowledge IPO opens on December 12, 2024 and closes on December 16, 2024.
Inventurus Knowledge IPO lot size is 11, and the minimum amount required for application is ₹14,619.
You can apply in Inventurus Knowledge IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Inventurus Knowledge 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 IPO allotment status.
The Inventurus Knowledge IPO listing date is on Thursday, December 19, 2024.
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