IPO Details
Bidding Dates
11 Dec '24 - 15 Dec '24
Minimum Investment
₹14,619 / 1 Lot (11 Shares)
Price Range
₹1265-₹1329
Maximum Investment
₹1,90,047/ 13 Lot (143 Shares)
Retail Discount
To be announced
Issue Size
₹2,497.92 crore
Investor category and sub category
Retail Individual Investors (RII) | Non-institutional Investors (NII) | Qualified Institutional Buyers (QIB) |Inventurus Knowledge Solutions IPO Dates
Important dates with respect to IPO allotment and listing
Opening Date
Dec 11, 2024
Closing Date
Dec 15, 2024
Basis of Allotment
Dec 16, 2024
Initiation of Refunds
Dec 17, 2024
Listing Date
Dec 18, 2024
Inventurus Knowledge Solutions IPO Subscription Details
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
Day 1Dec 11, 2024 |
1.54x | 0.79x | 1.70x | 1.36x |
Day 2Dec 12, 2024 |
1.89x | 3.13x | 4.26x | 2.66x |
Day 3Dec 15, 2024 |
5.85x | 12.73x | 9.11x | 8.29x |
About Inventurus Knowledge Solutions IPO
Inventurus Knowledge Solutions IPO is a book-built issue worth ₹2,497.92 crore, entirely an offer for sale of 1.88 crore shares. The IPO subscription opens on December 12, 2024, and closes on December 16, 2024. The allotment date is set for December 17, 2024, with a tentative listing date on December 19, 2024, on the BSE and NSE.
The price band for the IPO is ₹1,265 to ₹1,329 per share, with a minimum lot size of 11 shares. Retail investors need a minimum investment of ₹14,619. For small non-institutional investors (sNII), the minimum investment is 14 lots (154 shares), totaling ₹2,04,666, while for big non-institutional investors (bNII), it is 69 lots (759 shares), amounting to ₹1,008,711.
The book-running lead managers for the issue include 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. Link Intime India Private Ltd serves as the registrar for the IPO.
Industry Outlook
- The U.S. healthcare sector is poised for growth, with national health expenditures expected to rise from $4,799 billion in 2023 to $6,216 billion by 2028, reflecting a CAGR of 5.3%. This surge is driven by advancements in digital healthcare technologies such as blockchain, AI, and IoT.
- Preventive healthcare in India is gaining traction, with an increasing number of individuals opting for annual check-ups and early diagnostics.
- Digital health technologies in India, including health apps and wearable devices, are estimated to grow at a CAGR of 23% from 2023 to 2028.
Inventurus Knowledge Solutions IPO Objectives
The proceeds from the offer will go entirely to the selling shareholders. As an investor, you should note that the company itself will not receive any of the funds raised through the offer. After deducting the expenses related to the offer, the remaining proceeds will be distributed among the selling shareholders in proportion to the shares they sell.
About Inventurus Knowledge Solutions Limited
Inventurus Knowledge Solutions Limited is a technology-enabled healthcare solutions provider offering a care enablement platform designed for physician enterprises in the US, Canada, and Australia, with a primary focus on the US market. The company collaborates with outpatient and inpatient care organisations to enhance clinical care delivery, improve population health outcomes, and support the transition to a "fee for value" model while optimising revenue and lowering operational costs.
The company's platform addresses administrative, clinical, and operational tasks, allowing healthcare organisations to focus on patient care. It offers solutions like clinical documentation, patient scheduling assistance, automated prescription refill systems, and clinical data management. These services reduce the administrative burden on physicians, enhance productivity, and support better clinical outcomes.
Inventurus Knowledge Solutions also specialises in revenue cycle optimisation, helping clients maximise payments, reduce accounts receivables, and improve insurance reimbursements. Through technology-driven solutions, the company ensures accurate claims processing, automates payment reconciliations, and minimises inefficiencies in financial workflows. These efforts lead to increased profitability and more affordable clinical care for clients.
How To Check the Allotment Status of the Inventurus Knowledge Solutions IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
How to apply for the Inventurus Knowledge Solutions IPO online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Inventurus Knowledge Solutions IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
Contact Details of Inventurus Knowledge Solutions Limited
Registered office: Building No. 5 & 6, Unit No. 801, 8th Floor, Mindspace SEZ, Thane Belapur Road, Airoli, Navi Mumbai, Thane, Maharashtra –400 708, India
Phone:+91 223964 3205
E-mail: company.secretary@ikshealth.com
Inventurus Knowledge Solutions IPO Reservation
|
Investor Category |
Shares Offered |
|
QIB Shares Offered |
Not less than 75.00% of the Net offer |
|
Retail Shares Offered |
Not more than 10.00% of the Net offer |
|
NII (HNI) Shares Offered |
Not more than 15.00% of the Net offer |
Inventurus Knowledge Solutions IPO Lot Size
|
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 |
₹1,008,711 |
Inventurus Knowledge Solutions Promoter Holding
The company is promoted by Sachin Gupta, Rekha Jhunjhunwala, Aryaman Jhunjhunwala Discretionary Trust, Aryavir Jhunjhunwala Discretionary Trust and Nishtha Jhunjhunwala Discretionary Trust.
|
Share Holding Pre-Issue |
69.73% |
|
Share Holding Post Issue |
60.61% |
Key Performance Indicators for Inventurus Knowledge Solutions IPO
The market capitalisation of Inventurus Knowledge Solutions IPO stands at ₹22,802.07 crore, 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 |
Inventurus Knowledge Solutions Prospectus
Inventurus Knowledge Solutions IPO Registrar and Lead Managers
Inventurus Knowledge Solutions Book Running and Lead Managers
- ICICI Securities Limited
- Jefferies India Private Limited
- Jm Financial Limited
- J.P. Morgan India Private Limited
- Nomura Financial Advisory And Securities (India) Pvt Limited
Registrar for Inventurus Knowledge Solutions IPO
Link Intime India Private Ltd
- Contact Number: +91-22-4918 6270
- Email Address: ikshealth.ipo@linkintime.co.in
Website: Link Intime India Private Ltd Registrar
Financial Performance of Inventurus Knowledge Solutions Limited
| Particulars | As for the Financial Year ended March 31, 2024 | Total ExpenAs for the Financial Year ended March 31, 2023se | As for the Financial Year ended March 31, 2022 |
|---|---|---|---|
| Revenue from Operation (in ₹ million) | 18,179.28 | 10,313.00 | 7,636.34 |
| Profit for the year (in ₹ million) | 3,704.86 | 3,052.28 | 2,329.69 |
| Net Worth (in ₹ million) | 11,578.59 | 8,286.39 | 6,470.69 |
| Earnings per share in ₹ | 22.37 | 18.37 | 14.26 |
| EBITDA (in ₹ million) | 5,202.97 | 3,603.93 | 2,774.45 |
| Return on Equity (%) | 32.00 | 36.83 | 36.00 |
Know before investing
Strengths
4-
Diversified platform offering solutions across outpatient and inpatient care value chain.
-
Digital evolution and automation technologies enhance value based on outcomes.
-
Strong brand leadership through IKS Advisory Board and industry partnerships.
-
Over 90% repeat client revenue reflects high client satisfaction and loyalty.
Risks
4-
Pending FEMA (Foreign Exchange Management Act) compounding applications may result in regulatory penalties and fees.
-
Ongoing litigation could harm our reputation and financial condition.
-
Failure to innovate AI-driven solutions may negatively impact revenues and reputation.
-
Non-compliance with healthcare regulations could lead to financial penalties and operational changes.
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Inventurus Knowledge Solutions IPO FAQs
Inventurus Knowledge Solutions is a book-built issue IPO. It will be open from December 12, 2024, to December 16, 2024.
The Basis of Allotment will happen on Tuesday, December 17, 2024.
The IPO subscription window will open on December 12, 2024.
The minimum lot size retail investors can subscribe to is 1 lot, and the lot size is 11 shares.
The listing date for Inventurus Knowledge Solutions Limited is Thursday, December 19, 2024.
The issue size of the Inventurus Knowledge Solutions is up to ₹2,497.92 crore, with a complete offer for sale of ₹2,497.92 crore.
The open and close dates for the Inventurus Knowledge Solutions are from December 12, 2024 to December 16, 2024.
Listing gains cannot be ascertained before the listing of the IPO on the stock exchange.
- Multiple Submissions: Use different Demat accounts to make multiple applications.
- Higher Price Band Bidding: Opt for bidding at the cut-off price or higher price band.
- Timely Subscription: Ensure you subscribe to the IPO within the specified time frame.
You must complete the payment process by logging in to your UPI handle and approving the payment mandate.
You can submit only one application using your PAN card.
To read the Inventurus Knowledge Solutions financial statements, download the IPO’s RHP document.
Pre-apply allows investors to apply for the Inventurus Knowledge Solutions IPO two days before the subscription period opens, ensuring an early submission of your application.
Your order will be placed when the IPO opens for bidding, and a UPI request will follow within 24 hours.
You will receive a notification once your order is successfully placed with the exchange after the bidding starts.
Link Intime India Private Limited is the registrar responsible for managing the IPO allotment process and handling investor queries.
Inventurus Knowledge Solutions Limited IPO is proposed to be listed on the Bombay Stock Exchange (BSE) platform and the National Stock Exchange (NSE).
