The technology-enabled healthcare solutions provider, Inventurus Knowledge Solutions IPO will open for subscription on December 12, 2024, and close on December 16, 2024.
The IPO is a book-built issue worth ₹2,497.92 crore, entirely consisting of an offer for sale of 1.88 crore shares.
The price band for the Inventurus Knowledge Solutions IPO is set between ₹1,265 and ₹1,329 per share. The minimum lot size for applications is 11 shares, and retail investors need to invest a minimum of ₹14,619.
The proceeds from the offer will be used for the sale of up to 18,795,510 equity shares with a face value of ₹1 each by the selling shareholders, and to obtain the benefits of listing the equity shares on the stock exchanges.
Before deciding to subscribe to the Inventurus Knowledge Solutions IPO, it’s important to analyse the company’s key financial results to better understand its performance and growth potential.
Parameters | Six months ended September 30, 2024 | Financial year ended March 31, 2024 | Financial year ended March 31, 2023 | Financial year ended March 31, 2022 |
Revenue from Operations (₹ in million) | 12,828.76 | 18,179.28 | 10,313.00 | 7,636.34 |
EBITDA (₹ in million) | 3,590.86 | 5,202.97 | 3,603.93 | 2,774.45 |
EBITDA Margin (%) | 27.99 | 28.62 | 34.95 | 36.33 |
Profit/Loss (₹ in million) | 2,085.82 | 3,704.86 | 3,052.28 | 2,329.69 |
Free cash flow (₹ in million) | 2,085.54 | 1,770.64 | 2,794.29 | 2,221.51 |
Total Borrowings (₹ in million) | 8,286.30 | 11,934.19 | – | – |
As of September 30, 2024, the company serves 778 healthcare organisations, which include a diverse range of clients such as health systems, academic medical centres, multi-speciality and single-speciality medical groups, ancillary healthcare organisations, and other outpatient and inpatient healthcare delivery providers. This represents a significant increase from 49 clients in FY 2023 and just 45 clients in FY 2022.
In FY 2022, the average revenue per client from the top 10 clients was ₹520.50 million, which increased to ₹691.87 million in FY 2023 and ₹780.11 million in FY 2024. However, in the six months ended September 30, 2023 and 2024, the average revenue per client slightly declined from ₹412.19 million to ₹381.66 million.
For the periods ending September 30, 2024, FY 2024, FY 2023, and FY 2022, the company’s top 10 clients contributed a substantial portion of its total revenue. In FY 2024, revenue from these clients amounted to ₹7,936.51 million, representing 43.66% of total revenue from operations. This was a slight decrease compared to FY 2023, where top clients contributed ₹6,918.67 million, or 67.09%. In FY 2022, revenue from the top 10 clients accounted for 68.16% of total revenue, with a contribution of ₹5,204.99 million.
Inventurus Knowledge Solutions is a technology-driven healthcare solutions provider, providing a care enablement platform that supports physician enterprises in the US, Canada, and Australia, with a primary focus on the US market. The company partners with outpatient and inpatient care organisations to help them deliver exceptional clinical care, enhance population health outcomes, transition to a “fee-for-value” model, and optimise revenue while reducing operational costs.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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