Inventurus Knowledge Solutions IPO
Open MainLineCurrent GMP
₹421 (+31.68%)
Price Band
₹ 1265 – 1329
Lot Size
11
Issue Size
₹2497.92 Cr
Minimum Investment
₹14619 (11 Shares)
Listing Date
19 December 2024
Subscription
52.7x
About the Company
Inventurus Knowledge Solutions Limited, established in 2006, is a technology-driven healthcare solutions provider, focusing primarily on the U.S. market. The company offers a comprehensive care enablement platform that supports both outpatient and inpatient healthcare organizations in the U.S., Canada, and Australia. Their services are designed to help healthcare enterprises improve clinical care, optimize revenue, reduce operating costs, and transition to a "fee for value" model.
The platform focuses on reducing administrative burdens for healthcare providers by automating tasks such as clinical documentation, patient scheduling, prescription management, and revenue cycle management. This allows physicians and healthcare staff to concentrate on patient care, improving efficiency and reducing clinician burnout.
As of September 2024, Inventurus serves 778 healthcare organizations, including notable clients such as Mass General Brigham Inc. and Texas Health Care PLLC. The company employs over 13,500 people globally, with a significant number of clinically-trained staff.
In addition to its core solutions, Inventurus recently expanded its offerings through the acquisition of Aquity Holdings in October 2023. This acquisition enhances its capabilities in clinical documentation, coding, and inpatient care, providing a more comprehensive service portfolio to healthcare organizations.
Inventurus aims to address industry challenges like labor shortages, rising operational costs, and the growing adoption of value-based care. The company is well-positioned to capitalize on these trends, with a scalable platform that can support the increasing demand for healthcare provider enablement solutions. With its expanded capabilities and strategic focus, Inventurus is poised for continued growth in a rapidly evolving healthcare landscape.
Competitive Strengths:
- Comprehensive one-stop platform with diversified offerings across the outpatient and inpatient care value chain serving key stakeholders such as patients, physicians, nurses and healthcare organizations.
- Leveraging digital evolution, transformation and automation technologies to create sustained value based on outcomes delivered.
- Strong brand amongst healthcare organizations and physicians.
- Sustainable and scalable business model offering clients flexibility and cost-savings and high-touch 215 engagement through access to project executive sponsors and leadership teams creating cross-selling opportunities.
Promoters
- Sachin Gupta
- Rekha Jhunjhunwala
- Aryaman Jhunjhunwala Discretionary Trust
- Aryavir Jhunjhunwala Discretionary Trust
- Nishtha Jhunjhunwala Discretionary Trust
Promoters Holding
Holding Pre Issue
69.73%
Holding Post Issue
60.61%
Objects of the Issue
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.
Address / Contact Info
Inventurus Knowledge Solutions Limited
Building No. 5 & 6, Unit No. 801,
8th Floor, Mindspace SEZ,
Thane Belapur Road, Airoli,
Navi Mumbai, Thane –400 708
Maharashtra
Phone: +91 22 3964 3205
Email: company.secretary@ikshealth.com
Website: https://ikshealth.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Thursday, 12 December 2024
IPO Close Date
Monday, 16 December 2024
Basis of Allotment
Tuesday, 17 December 2024
Initiation of Refunds
Wednesday, 18 December 2024
Credit of Shares to Demat
Wednesday, 18 December 2024
Listing Date
Thursday, 19 December 2024 — NSE & BSE
Important Dates
Open Date
12 December 2024
Close Date
16 December 2024
Basis Of Allotment
17 December 2024
Listing Date
19 December 2024
Financial Performance (₹ in Crores)
| Particular | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 2790.52 | 3027.52 | 988.31 | 787.52 |
| Revenue | 1294.61 | 1857.94 | 1060.16 | 784.47 |
| Profit After Tax | 208.58 | 370.49 | 305.23 | 232.97 |
| Net Worth | 1377.11 | 1157.86 | 828.64 | 647.07 |
| Reserve & Surplus | 1360.17 | 1140.94 | 811.8 | 630.26 |
| Total Borrowings | 828.63 | 1193.42 | 0 | 0 |
EPS Pre
21.59%
EPS Post
21.59%
P/E Pre
0.00
P/E (Post Issue)
0.00x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 32 |
| ROCE % | 31.56 |
| Debt / Equity | -0.06 |
| RoNW % | 32 |
| PbW | 0 |
| Pat Margin % | 20.38 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 8428730 | 44.84 | 0 |
| Qualified Institutions | 5619154 | 29.9 | 0 |
| Non-Institutional | 2809576 | 14.95 | 0 |
| BNII | 1873051 | 9.97 | 0 |
| SNII | 936525 | 4.98 | 0 |
| Retail Investors | 1873050 | 9.97 | 0 |
| Total | 18795510 | 100 | 0 |
Subscription Status ( Mon, 16 Dec 24 03:17 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 5619154 | 453155846 | 80.64x |
| Non-Institutional | 2809576 | 65377576 | 23.27x |
| BNII | 1873051 | 46814878 | 24.99x |
| SNII | 936525 | 18562698 | 19.82x |
| Retail Investors | 1873050 | 27448322 | 14.65x |
| Employees | 65000 | 341352 | 5.25x |
| Total | 10366780 | 546323096 | 52.7x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 11 | 14,619.00 |
| Retail (Max) | 13 | 143 | 190,047.00 |
| S-HNI (Min) | 14 | 154 | 204,666.00 |
| S-HNI (Max) | 68 | 748 | 994,092.00 |
| B-HNI (Min) | 69 | 759 | 1,008,711.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- J.P. Morgan India Private Limited
- Jefferies India Private Limited
- ICICI Securities Limited
- JM Financial Limited
- Nomura Financial Advisory And Securities (India) Pvt Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Inventurus Knowledge Solutions IPO is a Book-building IPO worth ₹2497.92 crores. The price band is ₹1265 to 1329 per share. The IPO opens on Thu, Dec 12, 2024 and closes on Mon, Dec 16, 2024. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Inventurus Knowledge Solutions IPO opens on Thu, Dec 12, 2024 and closes on Mon, Dec 16, 2024
Inventurus Knowledge Solutions IPO Price Band is ₹1265 to 1329.
Inventurus Knowledge Solutions IPO lot size is 11, and the minimum amount required for application is ₹14619.
The minimum investment for Inventurus Knowledge Solutions IPO is approximately ₹14619 based on the upper price band.
To apply for the Inventurus Knowledge Solutions IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Mon, Dec 16, 2024. After submission, funds are blocked until the basis of allotment of Inventurus Knowledge Solutions IPO is finalised.
Inventurus Knowledge Solutions IPO issue size is ₹2497.92 crores.
Inventurus Knowledge Solutions IPO allotment date is Sat, Jun 27, 2026.
The registrar for Inventurus Knowledge Solutions IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Inventurus Knowledge Solutions IPO through their official website or helpline.
The Inventurus Knowledge Solutions IPO GMP (Grey Market Premium) is ₹421 as of Thu, Dec 19, 2024. Based on the upper price band of ₹1329 per share, the estimated Inventurus Knowledge Solutions IPO listing price is ₹1750, indicating a potential listing gain of approximately 31% over the issue price.