Bookbuilding IPO | ₹2,498 Cr | Listed at BSE, NSE | Thu, Dec 12, 2024 - Mon, Dec 16, 2024
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 ₹1,329 per share. The lot size for an application is 11. The minimum amount of investment required by an retail is ₹14,619 (11 shares) (based on upper price). 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 Open
Thu, Dec 12, 2024
IPO Close
Mon, Dec 16, 2024
Issue Price
₹1329 per share
Market Cap (Pre-IPO)
₹22,802.07 Cr
| IPO Date | 12 to 16 Dec, 2024 |
| Listed on | Thu, Dec 19, 2024 |
| Face Value | ₹1 per share |
| Price Band | ₹1265 to ₹1329 |
| Issue Price | ₹1329 per share |
| Lot Size | 11 Shares |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,87,95,510 shares (agg. up to ₹2,498 Cr) |
| Offer for Sale | 1,87,95,510 shares of ₹1 (agg. up to ₹2,498 Cr) |
| Share Holding Pre Issue | 17,15,73,159 shares |
| Share Holding Post Issue | 17,15,73,159 shares |
| BSE Script Code / NSE Symbol | 544309 / IKS |
| ISIN | INE115Q01022 |
Inventurus Knowledge 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 (Ex- Anchor), 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 | Max 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%) |
Investors can bid for a minimum of 11 shares and in multiples thereof.
| 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 |
Inventurus Knowledge IPO raises ₹1,120.18 crore from anchor investors. Inventurus Knowledge IPO Anchor bid date is December 11, 2024.
📝 Anchor Investors Letter (PDF)
| Bid Date | Wed, Dec 11, 2024 |
| Shares Offered | 84,28,730 |
| Anchor Portion (₹ Cr.) | 1,120.18 |
| Anchor lock-in period end date for 50% shares (30 Days) | Thu, Jan 16, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Mon, Mar 17, 2025 |
| 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 |
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:
| 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 | ||||
| KPI | Mar 31, 2024 |
|---|---|
| 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 (₹) | 21.59 | 24.31 |
| P/E (x) | 61.55 | 54.66 |
| Promoter Holding | 67.66% | 63.72% |
| Market Cap | ₹22,802.07 Cr. |
The Inventurus IPO is subscribed 52.68 times on December 16, 2024 6:15:08 PM (Day 3). The public issue subscribed 14.55 times in the retail category, 80.64 times in the QIB category, and 23.25 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 80.64 | 56,19,154 | 45,31,55,846 |
| NII | 23.25 | 28,09,576 | 6,53,31,398 |
| bNII (bids above ₹10L) | 24.99 | 18,73,051 | 4,68,14,878 |
| sNII (bids below ₹10L) | 19.77 | 9,36,525 | 1,85,16,520 |
| Retail | 14.55 | 18,73,050 | 2,72,56,603 |
| Total | 52.68 | 1,03,66,780 | 54,60,81,734 |
Total Application : 30,45,325
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLMs fees and commissions (including underwriting commission, brokerage and selling commission) | 49.17 |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank and Banker to the Offer. Brokerage, underwriting commission, selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.68 |
| 3 | Advertising and marketing expenses | 3.54 |
| 4 | Fees payable to the Registrar to the Offer | 0.10 |
| 5 | Printing and distribution of stationery and other expenses | 0.16 |
| 6 | Fees payable to Auditors | 6.19 |
| 7 | Fees payable to ICA | 0.76 |
| 8 | Fees payable to Industry expert | 0.00 |
| 9 | Fees payable to legal counsel | 1.09 |
| 10 | Fees payable to other intermediaries | 7.91 |
| 11 | Listing fees, SEBI filing fees, upload fees, BSE & NSE processing fees, book building software fees and other regulatory expenses | 4.05 |
| 12 | Advertising and marketing expenses (Others) | 0.97 |
| 13 | Miscellaneous | 0.89 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹1,329.00 | ₹1,329.00 |
| Open | ₹1,856.00 | ₹1,900.00 |
| Low | ₹1,851.00 | ₹1,852.10 |
| High | ₹2,030.00 | ₹2,031.00 |
| Last Trade | ₹1,960.25 | ₹1,960.85 |
Inventurus Knowledge IPO is a main-board IPO of 1,87,95,510 equity shares of the face value of ₹1 aggregating up to ₹2,498 Crores. The issue is priced at ₹1329 per share. The minimum order quantity is 11.
The IPO opens on Thu, Dec 12, 2024, and closes on Mon, Dec 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 Thu, Dec 12, 2024 and closes on Mon, Dec 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 Wed, Dec 18, 2024. Check the Inventurus Knowledge IPO allotment status.
The Inventurus Knowledge IPO listing date is on Thu, Dec 19, 2024.
