Inventurus Knowledge Solutions Ltd. was incorporated on September 5, 2006. The company is a technology-enabled healthcare solutions provider offering a care enablement platform to physician enterprises in the US, Canada, and Australia, focusing on the US. It helps healthcare organizations improve clinical care, and health outcomes, transition to the "fee for value" model, and optimize revenue while reducing operating costs.
| Bidding Dates |
|---|
| 12 Dec 2024 - 16 Dec 2024 |
| Subscription |
|---|
| 52.68x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹13,915 | 1 | 13 | 11 | 18.8 M | ₹1265 - ₹1329 | 65.7 % | ₹23776.3 M - ₹24979.2 M | RHP DOC |
Inventurus Knowledge Solutions Ltd. IPO SUBSCRIPTION STATUS
16 Dec '24Inventurus Knowledge Solutions Ltd. IPO overall subscription rate was 52.68 times the total available shares
Inventurus Knowledge Solutions Ltd. IPO retail subscription rate was 14.55 times in the retail segment
Inventurus Knowledge Solutions Ltd. IPO non-institutional investor subscription rate was 23.25 times in the non-institutional investor category
Inventurus Knowledge Solutions Ltd. IPO Qualified Institutional Bidder subscription rate was 80.64 times the available shares for Qualified Institutional Bidder
Inventurus Knowledge Solutions Ltd. IPO Employees subscription rate was 5.2 times in the Employees category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers | Employees |
|---|---|---|---|---|
| Category Reservation | 10% | 15% | 75% | - |
16 Dec 2024 (Day 3) | 14.55x | 23.25x | 80.64x | 5.2x |
13 Dec 2024 (Day 2) | 4.25x | 3.13x | 1.89x | 1.9x |
12 Dec 2024 (Day 1) | 1.68x | 0.79x | 1.54x | 0.8x |
Inventurus Knowledge Solutions Ltd. FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| H1FY25 | 2,085.8 | 12,828.8 | 2,373.6 | 2,117.7 | 28.0% |
| H1FY24 | 2,053.8 | 6,308.7 | 1,978.5 | 1,936.6 | 36.8% |
| FY24 | 3,704.9 | 18,179.3 | 2,097.7 | 1,834.5 | 28.6% |
| FY23 | 3,052.3 | 10,313.0 | 2,879.8 | 2,804.8 | 35.0% |
| FY22 | 2,329.7 | 7,636.3 | 2,330.5 | 2,223.2 | 36.3% |
Inventurus Knowledge Solutions Ltd. IPO SUBSCRIPTION STATUS DETAILS
Inventurus Knowledge Solutions Ltd. had 18.8 M shares on offer
Inventurus Knowledge Solutions Ltd. IPO offer price was in the range ₹1265 - ₹1329
Inventurus Knowledge Solutions Ltd. IPO minimum Investment was ₹13915
Inventurus Knowledge Solutions Ltd. IPO issue size was ₹ 23776.3 M - ₹ 24979.2 M
Inventurus Knowledge Solutions Ltd. had a minimum lot size of 11 Shares per application
Inventurus Knowledge Solutions Ltd. NUMBER OF SHARES ON OFFER
Inventurus Knowledge Solutions Ltd. IPO IMPORTANT DATES
| Issue Open Date | 12 Dec 2024 |
| Issue close Date | 16 Dec 2024 |
| Allotment Date | 17 Dec 2024 |
| Refund Date | 18 Dec 2024 |
| Demat Account Credit Date | 18 Dec 2024 |
| Listing Date | 19 Dec 2024 |
| Listing on Exchange(s) | NSE and BSE |
| Inventurus Knowledge Solutions Ltd. Allotment Status | Exchange |
Inventurus Knowledge Solutions Ltd. IPO subscription opened on 12 Dec 2024, and closed on 16 Dec 2024
IPO allotment for Inventurus Knowledge Solutions Ltd. was finalized on Tuesday, 17 Dec 2024
IPO listing for Inventurus Knowledge Solutions Ltd. was on NSE and BSE on Thursday, 19 Dec 2024
Inventurus Knowledge Solutions Ltd. IPO LISTING GAINS
| Issue Price (adjusted) | 1329.0 |
| Listing Open Price | 1900.0 |
| Listing Close Price | 1960.8 |
| Listing Gain% | 43.0% |
| Current Gain% | 30.8% |
Inventurus Knowledge Solutions Ltd. Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventurus Knowledge Solutions Ltd. | 1737.7 | 29814.3 | 39 | 1 | 8.9 | 25.8 | 16.9 | 3211 | 18.8 | 721.6 | 48.4 | 44.5 | 40.9 |
| Dr. Lal Pathlabs Ltd. | 1931.6 | 32421.7 | 59.8 | 10.7 | 11.2 | 20.1 | 16 | 2864.2 | 12.1 | 504.8 | 3.6 | 32.3 | 5.6 |
| Vijaya Diagnostic Centre Ltd. | 1351.1 | 13916 | 74.2 | 3 | 16.2 | 18.1 | 11.5 | 835 | 19.3 | 173 | 20.9 | 18.2 | 24.9 |
| Indegene Ltd. | 554.4 | 13357.5 | 33.3 | -4.2 | 3.5 | 12.8 | 8.7 | 3582.5 | 21.6 | 401.1 | -1.4 | 16.6 | -7.9 |
| Metropolis Healthcare Ltd. | 563.2 | 11680.1 | 57.9 | 1.8 | 6.8 | 12.6 | 8.9 | 1671.4 | 24.1 | 190 | 31.1 | 9.7 | 32.6 |
| Thyrocare Technologies Ltd. | 603.2 | 9601.6 | 54.5 | 0.8 | 11 | 27.8 | 21.8 | 846 | 20.5 | 163 | 78.2 | 11.1 | 65.7 |
Inventurus Knowledge Solutions Ltd. INFORMATION ON IPO ISSUE
About Inventurus Knowledge Solutions Ltd.
Inventurus Knowledge Solutions Ltd. was incorporated on September 5, 2006. The company is a technology-enabled healthcare solutions provider offering a care enablement platform to physician enterprises in the US, Canada, and Australia, focusing on the US. It helps healthcare organizations improve clinical care, and health outcomes, transition to the "fee for value" model, and optimize revenue while reducing operating costs.
Object of the Issue
- To carry out the offer for sale of up to 18,795,510 equity shares of face value of Rs 1 each by the selling shareholders
- Achieve the benefits of listing equity shares on the stock exchanges
Inventurus Knowledge Solutions Ltd. - PROMOTERS
| Name |
|---|
| Sachin Gupta |
| Rekha Jhunjhunwala |
| Aryaman Jhunjhunwala Discretionary Trust |
| Aryavir Jhunjhunwala Discretionary Trust |
| Nishtha Jhunjhunwala Discretionary Trust |
Inventurus Knowledge Solutions Ltd. Book Running Lead Manager
ICICI Securities Limited
iks.ipo@icicisecurities.com
Jefferies India Private Limited
ikshealth.ipo@jefferies.com
JM Financial Limited
ikshealth.ipo@jmfl.com
J.P. Morgan India Private Limited
IKSHEALTH_IPO@jpmorgan.com
Nomura Financial Advisory and Securities (India) Private Limited
ikshealthipo@nomura.com
Inventurus Knowledge Solutions Ltd. Registrar to the Offer
Link Intime India Private Limited
ikshealth.ipo@linkintime.co.in
Inventurus Knowledge Solutions Ltd. Strengths
Diversified offerings
A comprehensive one-stop platform offering diversified services across the outpatient and inpatient care value chain, serving key stakeholders like patients, physicians, nurses, and healthcare organizations
Transformation and automation
The company's solution capabilities optimize clients' existing technology investments by leveraging complementary technologies across financial, operational, and clinical value chains to enhance outcomes
Client retention
The company serves a marquee clientele, including academic medical centers, healthcare systems, multispecialty and single-specialty medical groups, and ancillary healthcare organizations. It has maintained client stickiness, with over 90% of revenue coming from repeat clients in the last three fiscal years.
Inventurus Knowledge Solutions Ltd. Risks
Technological updates
Failure to develop and integrate AI and machine learning solutions, like AI-powered speech-to-text, could negatively impact revenues, operations, and reputation
Challenges in the US
Challenges in the US healthcare industry, such as balancing quality care with cost management and increased consolidation, could adversely impact the company's operations, financial results, and condition
Client relationships
The company's revenue relies on maintaining and growing client relationships while attracting new clients. Losing key clients could adversely affect operations, financial condition, and cash flow
IPO FAQs
This IPO consists of an offer for sale of up to Rs 2,497.9 crore, of 18,795,510 shares.
The promoters of the company are Sachin Gupta, Rekha Jhunjhunwala, Aryaman Jhunjhunwala Discretionary Trust, Aryavir Jhunjhunwala Discretionary Trust and Nishtha Jhunjhunwala Discretionary Trust.
The category allocation of qualified institutional buyers is 75.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 10.0%.
The price band of the IPO is Rs 1265.0 - 1329.0.
The IPO application opens on Dec 12, 2024 and closes on Dec 16, 2024.
The minimum lot size for the IPO is 11. The maximum lot size for the IPO is 143.
For all category investors, the minimum application amount for this IPO is Rs. 13,915.0, the maximum value for this IPO is Rs 190,047.0.
This IPO will be allotted on Dec 17, 2024.
The refund will be credited to your account on Dec 18, 2024.
The allotted shares will be credited to your demat on Dec 18, 2024.
Inventurus Knowledge Solutions Ltd.’s shares listed on the stock exchanges on Dec 19, 2024.