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Inventurus Knowledge Solutions IPO

Inventurus Knowledge Solutions IPO — date, price band, lot size & details 2024

Inventurus Knowledge Solutions listed on 19 Dec 2024 at ₹1,900, 43% above the ₹1,329 issue price.

Inventurus Knowledge Solutions is a technology-enabled healthcare solutions provider running a care enablement platform for physician enterprises, mainly in the US. Its total income was Rs 1,857.94 crore in FY2024.

Stock price

Inventurus Knowledge Solutions is listed — here is the live share price.

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Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Timetable

Key dates from opening to listing. Today is 11 November.

Key dates Listed
  1. Open 12 Dec 2024
  2. Close 16 Dec 2024
  3. Allotment 17 Dec 2024
  4. Refund/credit 18 Dec 2024
  5. Listing 19 Dec 2024

Issue summary

The terms of the offer, as filed.

IPO Dates 12 to 16 Dec, 2024
Price Band ₹1265 – ₹1329
Face Value ₹1
Lot Size 11 Shares
Issue Size ₹2497.92 Cr
Sale Type OFS only
Listing On BSE, NSE
Registrar MUFG Intime India Private Limited
Min Investment ₹ 14,619
Reservation
QIB 75%
NII 15%
Retail 10%
Employee 0.35%

Share of the offer set aside for each investor category, as stated in the offer document.

What will it cost me?

Bidding is in multiples of 11 shares at the ₹1329 cut-off. Drag to size your application.

shares
1 lot lots
If it lists at today's grey market premium of ₹390
on
Grey market premium is an unofficial, unregulated indicator. It is not a forecast.
Application Lots Shares Amount
Retail (min) 1 11 ₹14,619
Retail (max) 13 143 ₹1,90,047
S-HNI (min) 14 154 ₹2,04,666
S-HNI (max) 68 748 ₹9,94,092
B-HNI (min) 69 759 ₹10,08,711

Strengths & risks

Drawn from the offer document — the case for and against, side by side.

Strengths · 5

  • 01Total income rose from Rs 784.47 crore in FY2022 to Rs 1,857.94 crore in FY2024.
  • 02Profit after tax rose from Rs 232.97 crore in FY2022 to Rs 370.49 crore in FY2024.
  • 03The source puts the PAT margin at 20.38% and return on net worth at 32%.
  • 04Profit after tax was Rs 208.58 crore in the six months to 30 September 2024.
  • 05Total borrowing fell from Rs 1,193.42 crore on 31 March 2024 to Rs 828.63 crore on 30 September 2024.

Risks · 5

  • 01The whole Rs 2,497.92 crore issue was offer for sale, so no money went to the company.
  • 02The pre-issue P/E was 61.55 at the upper band of Rs 1,329, based on EPS of Rs 21.59.
  • 03Most clients are US physician groups, so US healthcare rules and the dollar rate matter across its 3 markets.
  • 04Borrowing rose sharply in FY2024 to Rs 1,193.42 crore, after it acquired Aquity Holdings.
  • 05Promoters and the promoter group held 69.73% before the issue, and several of them sold shares in the offer.

Three years of numbers

All figures in ₹ crore, as reported in the Inventurus Knowledge Solutions offer document.

Total income
1,294.61
1,060
1,858
1,295
31 Mar 202331 Mar 202430 Sep 2024
Profit after tax
208.58
305
370
209
31 Mar 202331 Mar 202430 Sep 2024
Borrowing vs net worth
828.63 / 1,377.11
31 Mar 202331 Mar 202430 Sep 2024
Borrowing Net worth
Metric 30 Sep 2024 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 2,790.52 3,027.52 988.31 787.52
Total Income 1,294.61 1,857.94 1,060.16 784.47
Profit After Tax 208.58 370.49 305.23 232.97
NET Worth 1,377.11 1,157.86 828.64 647.07
Reserves and Surplus 1,360.17 1,140.94 811.80 630.26
Total Borrowing 828.63 1,193.42

See how this IPO compares — view listing performance of all mainboard IPOs.

Valuation & key ratios

Ratios are for the latest full financial year reported in the Inventurus Knowledge Solutions RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.

P/E Ratio
54.66
EPS (₹)
24.31
RoE
32%
RoCE
31.56%
RoNW
32%
PAT Margin
20.38%
Debt / Equity
-0.06
NAV (₹)
69.70

Inventurus Knowledge Solutions IPO Valuation

How the issue prices the company before and after the fresh shares are created.

Valuation Metric Pre-Issue Post-Issue
EPS (₹) ₹21.59 ₹24.31
P/E Ratio (x) 61.55 54.66
Market Cap at Offer Price (₹ Cr) ₹12,839.41 ₹11,402.83

Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹1329 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.

Where the money goes

How the company intends to use the proceeds of the issue.

Information about the usage of proceeds from the Inventurus Knowledge Solutions IPO will be updated shortly.

About the company

Inventurus Knowledge Solutions Limited was incorporated as Inventurus Knowledge Solutions Private Limited at Goa on 5 September 2006. It is a technology-enabled healthcare solutions provider.

It runs a care enablement platform for physician enterprises in the US, Canada and Australia, with a focus on the US. Its platform serves outpatient and inpatient care, including revenue optimisation solutions that help healthcare organisations generate, capture and optimise revenue.

Its promoters include Sachin Gupta, Rekha Jhunjhunwala and three Jhunjhunwala family trusts.

The IPO was Rs 2,497.92 crore and was entirely an offer for sale by promoters, promoter group members and other shareholders, so the company received none of the money.

Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.

Promoters
Sachin Gupta, Rekha Jhunjhunwala, Aryaman Jhunjhunwala Discretionary Trust, Aryavir Jhunjhunwala Discretionary Trust and Nishtha Jhunjhunwala Discretionary Trust
Promoter holding
69.73% → --
Pre-issue → post-issue

The bankers & the filings

Who is running the book, and the documents this page is built from.

Book-running lead manager
JM Financial Ltd. View track record →
Book-running lead manager
ICICI Securities View track record →
Book-running lead manager
Jefferies India Private Limited View track record →
Book-running lead manager
JP Morgan India Pvt. Ltd View track record →
Book-running lead manager
Nomura Financial Advisory & Securities (India) Pvt. Ltd View track record →
Red Herring Prospectus
SEBI filing
Final offer document — price band, financials and risk factors. This page is built from it.
Open the RHP

Inventurus Knowledge Solutions IPO Documents

Read the filings this page is built from.

Lead Manager Track Record

How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.

JM Financial Ltd.

125 issues handled
Listed in Profit 73.6% 92 of 125 listed
Avg Listing Gain +20.4% across 125 issues
Listed Below Issue 33 of 125 listed

Best listing: Tata Technologies (+140.0%). Weakest: ACME Solar Holdings (-13.1%).

ICICI Securities

133 issues handled
Listed in Profit 65.9% 87 of 132 listed
Avg Listing Gain +18% across 132 issues
Listed Below Issue 45 of 132 listed

Best listing: Latent View Analytics (+160.0%). Weakest: Shriram Properties (-23.7%).

Listed in Profit 72.7% 24 of 33 listed
Avg Listing Gain +14.3% across 33 issues
Listed Below Issue 9 of 33 listed

Best listing: Nazara Technologies (+80.7%). Weakest: Turtlemint Fintech Solutions (-10.4%).

JP Morgan India Pvt. Ltd

22 issues handled
Listed in Profit 63.6% 14 of 22 listed
Avg Listing Gain +11.6% across 22 issues
Listed Below Issue 8 of 22 listed

Best listing: Premier Energies (+120.0%). Weakest: Nuvoco Vistas Corporation (-14.9%).

Listed in Profit 50% 12 of 24 listed
Avg Listing Gain +14.6% across 24 issues
Listed Below Issue 12 of 24 listed

Best listing: Happiest Minds Technologies (+110.8%). Weakest: Shriram Properties (-23.7%).

Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.

Company contact

Company
Inventurus Knowledge Solutions
Email

Frequently asked

What is the GMP of Inventurus Knowledge Solutions?

The current Grey Market Premium is ₹390, or 29% over the issue price.

What is the Inventurus Knowledge Solutions IPO price band?

₹1265 to ₹1329, on a face value of ₹1.

When is the allotment?

The basis of allotment is 17 December 2024, with listing on 19 December 2024.

How do I check allotment status?

On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.

Inventurus Knowledge Solutions IPO

Every number here traces back to a filing.

IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.

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Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

GMP
₹390
Subscribed
52.68×
Min bid
₹14,619
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