By laksh5382 
Inventrus Knowledge Solutions IPO: Inventurus Knowledge Solutions (IKS) IPO opened for subscription on December 12, 2024 and will close on December 16, 2024. The company aims to raise approx Rs 2,497.92 crore through this book-built issue, comprising a fresh issue component and an offer for sale of up to 1.87 crore equity shares with face value Rs. 1 each.
Inventrus Knowledge Solutions IPO GMP
Adding to the market buzz, the gray market premium (GMP) for the IKS IPO is currently 405 per share, indicating an estimated 30 per cent listing profit at the upper price band. 1,329. IPO has attracted a lot of attention, especially when prominent investor Rekha Jhunjhunwala backs it.
Inventurus Knowledge Solutions Membership Status
The retail individual investors (RII) segment was subscribed 4.24 times, while the non-institutional investors category was subscribed 3.13 times. Meanwhile, the allotment for qualified institutional buyers (QIBs) achieved a subscription rate of 1.89 times.
What is GMP, membership status indication?
The latest gray market premium and subscription trends reflect investors’ optimism about the issue, and market participants expect the stock to list at a premium.
Considering the upper price band and current GMP of the issue, the estimated listing price of the stock is Rs 1,734, a premium of 30.47 per cent.
Current GMP of Inventurus Knowledge Solutions IPO is close to its highest GMP According to market sources, Rs 422.
Inventurus Knowledge Solutions IPO Details
The IPO price is kept within a band from 1,265 1,329 per share. The allocation quota has been set at 75 per cent for qualified institutional buyers (QIBs), 15% for high net-worth individuals (HNIs) and 10% for retail investors. The shares are expected to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on December 19, 2024. The allotment is to be finalized on December 17, 2024.
Healthcare provider IKS has recorded impressive growth in its financial performance. increased revenue Compared to Rs 1,817.93 crore in FY 2024 1,031.30 crore in FY 2023. Similarly, net profit increased Rs 305.23 crore in FY 2023 370.49 crore in FY2024, highlighting the strong expansion of the company.
The promoters of the company include Sachin Gupta, Rekha JhunjhunwalaAryaman Jhunjhunwala Discretionary Trust, Aryaveer Jhunjhunwala Discretionary Trust, and Nishtha Jhunjhunwala Discretionary Trust.
Established in 2006, Inventurus Knowledge Solutions Ltd. (IKS Health) specializes in healthcare technology solutions designed to streamline administrative processes for healthcare providers. The company offers a variety of services, including medical documentation management, virtual medical scribing, and clinical assistance. These offerings aim to reduce the administrative burden on doctors and healthcare organizations, allowing them to focus more on patient care.
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