Inventurus Knowledge Solutions, a healthcare technology solutions provider specializing in care enablement platforms for physician enterprises, hospitals, and outpatient care organizations across the U.S., Canada, and Australia, conducted its IPO from December 12 to 16, 2024. The allotment of shares is likely to happen today, December 17, 2024.
The issue size was ₹2,497.92 crores through an Offer for Sale only, with no fresh issue. The price band was set between ₹1,265 to ₹1,329 per share, and the lot size consisted of 11 shares, requiring a minimum investment of ₹14,619. The allotment date is expected to be December 17, 2024. The company's shares are tentatively scheduled for listing on the stock exchanges on December 19, 2024, with promoters including Sachin Gupta and the Jhunjhunwala family trusts.
Inventurus Knowledge Solutions is a leading healthcare technology solutions provider that delivers care enablement platforms to physician enterprises, hospitals, and outpatient care organizations across the U.S., Canada, and Australia. The company is dedicated to improving clinical outcomes, helping providers transition to value-based care models, and optimizing operational efficiencies. To bolster its clinical documentation and revenue integrity services, IKS recently acquired AQuity Holdings, significantly expanding its client base. As of September 2024, the company supports over 778 healthcare organizations with a global workforce of more than 13,528 employees, including over 2,612 clinically trained professionals.
(December 16, 2024, End of Day)
On the third day of bidding, the Inventurus Knowledge Solutions IPO achieved a subscription rate of 52.68 times the total shares on offer.