Inventurus Knowledge Solutions IPO

Inventurus Knowledge Solutions IPO is a book-built issue of Rs 2,497.92 crores. The issue is entirely an offer for sale of 1.88 crore shares.

IPO opens for subscription on December 12, 2024, and closes on December 16, 2024. The price band is set at ₹1265 to ₹1329 per share. The minimum lot size for an application is 11 Shares.

 Company Summary

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 offers a platform that enables healthcare enterprises in outpatient and inpatient care.

Outpatient service facilities, also known as ambulatory care, provide medical care without requiring admission to a hospital or other facility and include observation, consultation, diagnosis, rehabilitation, intervention, and treatment services.

Inpatient care refers to the provision of medical treatment for patients who have been admitted to a hospital or medical facility, requiring an overnight stay or an extended duration.

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.

Company 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.

Company Financials

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets2,790.523,027.52988.31787.52
Revenue1,294.611,857.941,060.16784.47
Profit After Tax208.58370.49305.23232.97
Net Worth1,377.111,157.86828.64647.07
Reserves and Surplus1,360.171,140.94811.80

630.26

Total Borrowing828.631,193.42

Amount in ₹ Crore

 Objectives of the IPO
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

Promoters of the company
The Promoters of our Company are:
1. Sachin Gupta
2. Rekha Jhunjhunwala
3. Aryaman Jhunjhunwala Discretionary Trust
4. Aryavir Jhunjhunwala Discretionary Trust
5. Nishtha Jhunjhunwala Discretionary Trust

The Promoters hold 107,352,790 Equity Shares of the face value of ₹ 1  each in the aggregate,  representing 62.57%  of the issued,  subscribed, and paid-up  Equity  Share capital of the Company.

IPO details

IPO DateDecember 12, 2024 to December 16, 2024
Listing DateThursday, December 19, 2024
Face Value₹1 per share
Price Band₹1265 to ₹1329 per share
Lot Size11 Shares
Total Issue Size18,795,510 shares (aggregating up to ₹2,497.92 Cr)
Offer for Sale18,795,510 shares of ₹1 (aggregating up to ₹2,497.92 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE

 Lot allocation details

ApplicationLotsSharesAmount
Retail (Min)111₹14,619
Retail (Max)13143₹190,047
S-HNI (Min)14154₹204,666
S-HNI (Max)68748₹994,092
B-HNI (Min)69759₹1,008,711

Allotment Schedule

Basis of AllotmentTuesday, December 17, 2024
Initiation of RefundsWednesday, December 18, 2024
The credit of Shares to DematWednesday, December 18, 2024
Listing DateThursday, December 19, 2024
Cut-off time for UPI mandate confirmation5 PM on December 16, 2024

IPO Reservation

Investor CategoryShares Offered
QIB Shares OfferedNot less than 75% of the Offer
Retail Shares OfferedNot more than 10% of the Offer
NII (HNI) Shares OfferedNot more than 15% of the Offer

To check allotment, click here